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Iraq To Up Basra Export Capacity To 4.5M B/D - Deputy Oil Minister

Iraq To Up Basra Export Capacity To 4.5M B/D - Deputy Oil Minister

Δευ, 18 Οκτωβρίου 2010 - 18:25

Iraq has allocated $1.4 billion to build four floating oil export terminals and three sea pipelines in the southern oil hub of Basra in order to raise export capacity to 4.5 million barrels a day, the country's deputy oil minister said Monday.

BP To Up Iraq Rumaila Field Output By 100,000 B/D

BP To Up Iraq Rumaila Field Output By 100,000 B/D

Δευ, 18 Οκτωβρίου 2010 - 18:25

U.K. oil major BP PLC (BP), along with its partner China National Petroleum Corp., plans to raise output from Iraq's supergiant Rumaila oil field by 100,000 barrels a day in November, Iraq's deputy oil minister said Monday.

India Seeks Bids For 34 Oil, Gas Exploration Blocks

India Seeks Bids For 34 Oil, Gas Exploration Blocks

Παρ, 15 Οκτωβρίου 2010 - 18:24

India Friday launched its ninth round of oil and gas field auctions with a hope that recent easing of state control over pricing of gasoline and natural gas and the global economic recovery will help it attract more foreign companies to explore its vastly unexploited sedimentary basin.

Iran Welcomes New Nuclear Talks Offer

Iran Welcomes New Nuclear Talks Offer

Παρ, 15 Οκτωβρίου 2010 - 18:24

Iran's Foreign Minister Manouchehr Mottaki on Friday said that a new offer to resume nuclear talks with world powers was "good news."

Russia To Build Venezuelas First Nuclear Plant: Accord

Russia To Build Venezuela's First Nuclear Plant: Accord

Παρ, 15 Οκτωβρίου 2010 - 18:23

Russia and Venezuela signed on Friday an agreement during a visit by President Hugo Chavez to Moscow for Russia to build and operate Venezuela's first nuclear power plant, television pictures showed.

OPEC Secy Gen: Iraq Quota Wont Be Discussed For Few Years

OPEC Secy Gen: Iraq Quota Won't Be Discussed For Few Years

Παρ, 15 Οκτωβρίου 2010 - 18:23

The Organization of Petroleum Exporting Countries won't need to discuss Iraq's quota for years, its Secretary General Abdalla Salem el-Badri said Friday, despite the country dramatically upgrading its reserves recently.

Gazprom Warns EU it Could Turn to China

Gazprom Warns EU it Could Turn to China

Παρ, 15 Οκτωβρίου 2010 - 15:04

Gazprom warned the European Union yesterday (14 October) that proceeding with reforms of the bloc's gas industry would herald the end of stable supplies, as the Russian energy giant would send more gas to Asia.

Gazprom, Bulgaria to Sign South Stream Feasibility Study Deal Next Week

Gazprom, Bulgaria to Sign South Stream Feasibility Study Deal Next Week

Παρ, 15 Οκτωβρίου 2010 - 15:03

Russia's state-controlled gas export monopoly Gazprom will sign an agreement with Bulgaria on a feasibility study of the Bulgarian part of the South Stream pipeline, Bulgarian news agency BGNES quoted Gazprom CEO Alexei Miller as saying on Friday following talks with the Bulgarian government.

Enels Green IPO Values Unit at as Much as $14.8 Billion

Enel's Green IPO Values Unit at as Much as $14.8 Billion

Παρ, 15 Οκτωβρίου 2010 - 15:01

Enel SpAhas valued its renewable energy unit at as much as 10.5 billion euros ($14.8 billion) as it prepares Europe’s largest initial public offering since 2007 to pay down debt.

Iran May Increase Oil Reserves Again

Iran May Increase Oil Reserves Again

Πεμ, 14 Οκτωβρίου 2010 - 17:11

Iran may increase oil reserves again and sees international sanctions as an opportunity for local companies, the country's oil minister said Thursday.

Gazprom Plans To Increase Dividend To 35% Of Net Profit

Gazprom Plans To Increase Dividend To 35% Of Net Profit

Πεμ, 14 Οκτωβρίου 2010 - 17:09

Russian natural gas monopoly OAO Gazprom (GAZP.RS) said Thursday its management has approved a new dividend policy, which sees the limit of dividend payments increase to 35% of the company's net profit from 30% previously.