English Edition

ECB, EU, IMF: Greece Met Its Targets For 1H 2010

Πεμ, 5 Αυγούστου 2010 - 18:35

Greece has met all of its targets under the austerity plan laid out for it by the European Union and International Monetary Fund, and should receive its next tranche of financial aid as scheduled, pending final reviews, the EU, IMF and European Central Bank said in a joint statement Thursday.

Ahmadinejad Says Iran Building Three-stage Rocket

Πεμ, 5 Αυγούστου 2010 - 18:34

President Mahmoud Ahmadinejad said Iran is working on a three-stage rocket to carry a satellite 1,000 kilometers into space, Fars news agency reported Thursday.

Romania's Romgaz 1H Net Profit Falls 30% To RON226M - Mediafax

Πεμ, 5 Αυγούστου 2010 - 18:34

Romanian leading natural gas producer and distributor Romgaz Thursday reported a 30% drop in its first-half net profit to 225.7 million lei ($70 million), hurt by higher expenses, news agency Mediafax reported.

Enel To Invest EUR300 Mln In Brindisi Environmental Projects

Πεμ, 5 Αυγούστου 2010 - 18:33

Enel SpA (ENEL.MI) said Thursday it has reached an agreement with Italy's environment ministry that allows it to invest EUR300 million in projects aimed at reducing pollution in an industrialized area in the south of the country.

Obama Offers Iran Path For New Talks On Nuclear Program

Πεμ, 5 Αυγούστου 2010 - 18:33

President Barack Obama said he remains willing to speak with Iran on its nuclear program and international sanctions if the Tehran follows "a clear set of steps," according to comments published Thursday.

Russia, South Africa Seal Deal on Uranium Delivery

Πεμ, 5 Αυγούστου 2010 - 14:53

Russia signed a contract on Thursday with the Republic of South Africa on the delivery of enriched uranium. The 10-year-long contract was signed in Moscow during talks between the presidents of Russia and South Africa, Dmitry Medvedev and Jacob Zuma.

EU Seeks Caspian Gas Accord to Lower Dependence on Russia

Πεμ, 5 Αυγούστου 2010 - 14:53

The European Union is seeking an agreement on a natural gas pipeline between Turkmenistan and Azerbaijan as the 27-nation bloc aims to import Caspian fuel and reduce its dependence on Russia, Bloomberg reported on Wednesday.

Russia Approves Gazprom Neft Kyoto Emission Cuts Project

Τετ, 4 Αυγούστου 2010 - 19:04

Russian oil major OAO Gazprom Neft (SIBN.RS) said Wednesday it has received approval for a project to cut carbon emissions in cooperation with Japanese companies Mitsubishi Corp. (8058.TO) and Nippon Oil.

Obama: BP Gulf Oil Spill Coming Close To An En

Τετ, 4 Αυγούστου 2010 - 19:04

U.S. President Barack Obama said Wednesday it was "welcome news" that BP PLC's (BP, BP.LN) efforts to plug the well with heavy mud was a success.

Turkish Steelmaker Icdas To Invest $2.5 Bln In Energy - Report

Τετ, 4 Αυγούστου 2010 - 19:04

Turkish iron and steel producer Icdas plans to invest $2.5 billion in energy in a move to increase its capacity, Turkish daily Hurriyet reports Wednesday, while the company expects global steel demand to pick up starting in September.

Anadarko: Ghana's Jubilee Project On Time To Start Output By Year End

Τετ, 4 Αυγούστου 2010 - 19:03

Anadarko Petroleum Corp. (APC) said Wednesday its three mega projects continue to progress on schedule, with its giant Jubilee oilfield in Ghana expected to start production by year end.

Iran's Ahmadinejad Urges US To Join Nuclear Fuel Swap Talks

Τετ, 4 Αυγούστου 2010 - 19:03

Iranian President Mahmoud Ahmadinejad urged the U.S. Wednesday to join talks on a nuclear fuel swap deal, reiterating that Tehran was ready to start talks near the end of the month.

Nabucco Pipeline Decision Could Be Postponed To Next Year -OMV

Τετ, 4 Αυγούστου 2010 - 19:02

OMV AG (OMV.VI) Wednesday said a final decision on whether to build the 3,000 kilometer long, European Union-backed Nabucco gas pipeline from the project's partners could be postponed to the beginning of 2011.

BP Controls Gulf Well That Caused Record Oil Spill

Τετ, 4 Αυγούστου 2010 - 14:42

BP Plc said it controlled the pressure in the damaged Gulf of Mexico oil well with drilling mud, moving a step closer to permanently sealing the source of the world’s worst accidental oil spill.

BP: The Return of the Prodigal Oilman

Τετ, 4 Αυγούστου 2010 - 14:38

The new and outgoing CEOs of BP are scheduled to meet with Deputy PM Sechin today to discuss the future of BP’s operations in the country. It will be the first time that Robert Dudley has been in Russia since his hasty departure during the BP-AAR dispute in 2008.

Naftogaz Ukrainy Owes Gazprom $780 mln for July Gas Supply

Τετ, 4 Αυγούστου 2010 - 14:36

The Naftogaz Ukrainy (Oil and Gas of Ukraine) company in August should pay to Russia’s natural gas monopoly Gazprom 780 million US dollars for gas received in July, Naftogaz CEO Yevgeny Bakulin told journalists on Wednesday.