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English Edition

BP: The Return of the Prodigal Oilman

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

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.

Irans Ahmadinejad Unhurt After Blast Near Motorcade

Iran's Ahmadinejad Unhurt After Blast Near Motorcade

Τετ, 4 Αυγούστου 2010 - 14:36

Iranian President Mahmoud Ahmadinejad was unharmed by an attack with a homemade explosive device on his motorcade during a visit to the western city of Hamadan on Wednesday, a source in his office said.

BP Sells $1.9B Colombian Assets To Ecopetrol,Talisman

BP Sells $1.9B Colombian Assets To Ecopetrol,Talisman

Τρι, 3 Αυγούστου 2010 - 18:10

BP PLC (BP) said Tuesday it has agreed to sell its Colombian oil and gas exploration and production business to Ecopetrol SA (ECOPETROL.BO) and Talisman Energy Inc. (TLM.T) for $1.9 billion.

Thieves Target E.ONs UK Power Network For Copper Cabling-E.ON

Thieves Target E.ON's UK Power Network For Copper Cabling-E.ON

Τρι, 3 Αυγούστου 2010 - 18:09

Thieves are attacking the U.K. power network of German utility E.ON AG (EAON.XE) chopping down wooden electricity poles to get to the wires that contain valuable metals such as copper, the company said Tuesday, in the latest in a rash of commodities heists spurred by high prices.

RWE Gas Grid Unit Sees Strong Demand For Germany-Belgium Pipeline

RWE Gas Grid Unit Sees Strong Demand For Germany-Belgium Pipeline

Τρι, 3 Αυγούστου 2010 - 18:09

RWE AG's (RWE.XE) natural gas transmission grid operator Thyssengas GmbH said Tuesday it is continuing with its plans to build a 520-kilometer gas pipeline from northern Germany to Belgium after a market test showed strong demand.

PPC Workers Threaten Action

PPC Workers Threaten Action

Τρι, 3 Αυγούστου 2010 - 15:02

Gas stations were able to start serving customers yesterday as truck drivers returned to work but there was no letup in the pressure on the government as Public Power Corporation (PPC) unionists said that they are prepared to “go to extremes” in their opposition to plans to sell off 40 percent of PPC’s power plants.

Lithuania to Build Amber Pipeline Without Russia - paper

Lithuania to Build Amber Pipeline Without Russia - paper

Τρι, 3 Αυγούστου 2010 - 13:55

Lithuanian gas company Lietuvos Dujos and Polish Gaz System signed on Monday a memorandum on the construction of the Amber pipeline, which was abandoned by Russian oil giant Gazprom in favor of the Nord Stream pipeline, Kommersant business daily said on Tuesday.

Kuwait May Consider Buying BP Assets: Oil Minister

Kuwait May Consider Buying BP Assets: Oil Minister

Τρι, 3 Αυγούστου 2010 - 13:54

State-run Kuwait Petroleum International may be interested in buying some of BP's assets, the country's oil minister told journalists in Moscow on Tuesday, after meeting with Russia's Energy Minister.

World Bank: Biofuels Didnt Cause Grain Price Booms

World Bank: Biofuels Didn't Cause Grain Price Booms

Τρι, 3 Αυγούστου 2010 - 13:53

A new white paper from the World Bank's Development Prospects Group concludes that biofuels were not the main reason for the spike in grain prices from 2006 to 2008.

Global Warming to Exceed 1.5°C, Finds Report

Global Warming to Exceed 1.5°C, Finds Report

Τρι, 3 Αυγούστου 2010 - 13:52

The world is likely to warm by an average of more than 1.5°C above pre-industrial levels, according to a new report from the Grantham Research Institute on Climate Change and the Environment, theCentre for Climate Change Economics and Policy, and the Met Office Hadley Centre.