English Edition

In Russia, BP Sees a Second Act

Τετ, 29 Σεπτεμβρίου 2010 - 14:05

Though its gushing well in the Gulf of Mexico is capped, BP seems doomed to years of hostile regulation and lawsuits in the United States.

Commission Proposes Energy Labelling for TVs

Τετ, 29 Σεπτεμβρίου 2010 - 14:00

Television manufacturers will for the first time have to clearly mark TV sets with a label declaring their energy efficiency and use it in advertisements if price if mentioned, according to the plans.

Oil, Gas Production in Russia's Sakhalin Region to Rise

Τετ, 29 Σεπτεμβρίου 2010 - 13:59

Oil and gas extraction companies in Russia's Far Eastern Sakhalin region are planning to increase oil extraction to 23 million tons from 15 million tons a year and gas extraction from 19 million to 60 billion cubic meters, a local government's deputy head said on Wednesday.

Gazprom to Sign Gas Deals with Poland in October

Τετ, 29 Σεπτεμβρίου 2010 - 13:58

Russia’s national gas utility Gazprom may sign new gas deals with Poland in October, the Prime-Tass economic news agency said on Wednesday, referring to Gazprom deputy chairman Alexander Medvedev.

German Cabinet Approves Broad New Energy Proposals

Τρι, 28 Σεπτεμβρίου 2010 - 18:11

Germany's cabinet approved Tuesday a broad slate of new energy proposals, including extending the lifespan of the country's nuclear plants and billions in levies the operating utilities will be obliged to pay in return.

BP To Issue $2B-3B Bonds;Price Talk Low- To Mid-200BPs Over Treasurys -Sources

Τρι, 28 Σεπτεμβρίου 2010 - 18:11

BP Capital Markets PLC, the funding arm of U.K. energy giant BP PLC (BP), is preparing to sell 5- and 10-year bonds Tuesday in a benchmark offering that people familiar with the sale say will likely reach $3 billion.

FYROM To Hold Talks Fri About Joining South Stream -Report

Τρι, 28 Σεπτεμβρίου 2010 - 18:10

FYROM will hold talks Friday with Russian gas company OAO Gazprom (GAZP.RS) on joining the South Stream gas pipeline project, Russian news agency RIA Novosti reports Tuesday, citing FYROM's finance ministry.

Lukoil, CNPC Agree To Eye Asset Swaps, Hydrocarbon Shipments

Τρι, 28 Σεπτεμβρίου 2010 - 18:10

Russian oil producer Lukoil Holdings (LKOH.RS) said Tuesday it signed a cooperation pact Monday with China National Petroleum Corp., under which the companies will look at assets swaps and possibly delivering hydrocarbons to China.

China Lifts 2011 Non-State Crude, Fuel Oil Import Quota By 15%

Τρι, 28 Σεπτεμβρίου 2010 - 18:09

China is raising non-state import quotas for both crude oil and fuel oil for 2011 by 15% from this year's levels, in line with the nation's commitments as a member of the World Trade Organization, the Ministry of Commerce said on its website.

Gazprom: China To Sign 30-Year Pact To Take 30 BCM Gas Annually

Δευ, 27 Σεπτεμβρίου 2010 - 18:15

China National Petroleum Corp. will agree to a 30-year contract to take 30 billion cubic meters of natural gas annually from Russian gas exporter OAO Gazprom (GAZP.RS), Gazprom said in a statement Monday.

Exxon To Boost Drilling At Iraq's W Qurna Field - Exec

Δευ, 27 Σεπτεμβρίου 2010 - 18:15

Exxon Mobil Corp. (XOM) may drill over 1,000 wells at Iraq's supergiant West Qurna 1 oil field and has already awarded a well work contract, a senior company official said Monday.

Hellenic Petroleum: Greek Refinery Upgrade To Finish Feb

Δευ, 27 Σεπτεμβρίου 2010 - 18:14

Greek refiner Hellenic Petroleum SA (ELPE.AT) expects to complete an upgrade of its 75,000 barrel-a-day Thessaloniki refinery at the end of February 2011, the company's Chief Executive John Costopoulos said Monday.

Kuwait Worried About OPEC Members' Output Quota Compliance

Δευ, 27 Σεπτεμβρίου 2010 - 18:14

Kuwait's oil minister Monday said the country is worried about compliance with production quotas by members of the Organization of Petroleum Exporting Countries and will discuss the matter at the group's forthcoming meeting.