English Edition

Bulgarian, Greek Energy Heads Talk Gas Pipeline Link

Πεμ, 23 Σεπτεμβρίου 2010 - 15:40

The Bulgarian and Greek ministers in charge of energymet in Thessaloniki Wednesday in order to coordinate the project for connecting the natural gas pipeline networks of the two countries.

Strategic View: President Medvedev, and Rosneft, go to China

Πεμ, 23 Σεπτεμβρίου 2010 - 15:40

President Medvedev will visit China for two days from Sunday. Deputy Prime Minister Igor Sechin is already in China and has been holding talks on energy cooperation. It has already been announced that Rosneft and CNPC will jointly build a $5 bln oil refinery in the country. What else is on the agenda and how may this positively affect the strategic view of Rosneft?

Germany's Wintershall May Join South Stream Gas Pipeline Project

Τετ, 22 Σεπτεμβρίου 2010 - 19:12

Wintershall, the oil and gas subsidiary of Germany's BASF, may join the South Stream project to pump Russian gas to Western Europe by the end of this year, the Kommersant business daily said on Tuesday.

BP: Two Employees Sustained Burns At Texas City Refinery Tuesday

Τετ, 22 Σεπτεμβρίου 2010 - 19:12

Two employees at BP PLC's (BP, BP.LN) Texas City, Texas, refinery suffered steam burns while performing work at a unit and have been hospitalized, a spokesman said Wednesday.

DuPont Sees PV Sales At $1B In 2010, Year Ahead Of Schedule

Τετ, 22 Σεπτεμβρίου 2010 - 19:11

A senior DuPont Inc. (DD) executive said Wednesday that its fast-growing solar panel unit would hit a key revenue target a year ahead of schedule.

Venezuela, Russia Sign $700 Million Oil Tanker Deal

Τετ, 22 Σεπτεμβρίου 2010 - 19:11

Venezuela's state shipping company has signed a deal to buy 10 Aframax oil tankers worth $700 million from Russia's United Shipbuilding Corp., Russian news agency RIA Novosti reports Wednesday, citing an USC spokesman.

Greenpeace Threatens Month-long Protest On Chevron Oil Rig

Τετ, 22 Σεπτεμβρίου 2010 - 19:11

Environmental group Greenpeace said Wednesday it intends to continue a protest aboard an oil drilling rig contracted to Chevron Corp. (CVX) in the U.K. for up to a month.

Iran's Ahmadinejad Meets Greek Prime Minister

Τετ, 22 Σεπτεμβρίου 2010 - 19:10

Iranian President Mahmoud Ahmadinejad met Greek Prime Minister George Papandreou in New York, his website said Wednesday, boasting a crack in Europe's strained relations with Tehran.

Russia, China to Build $5 Billion Refinery, Extend Gas Talks

Τετ, 22 Σεπτεμβρίου 2010 - 15:54

OAO Rosneft, Russia’s largest oil producer, and China National Petroleum Corp. agreed to build a $5 billion refinery in China, while the two countries may not complete talks on natural-gas supplies until next year.

Kazakhstan Pipeline Blasts Cut Gas Supply

Τετ, 22 Σεπτεμβρίου 2010 - 15:52

Two blasts ripped through a gas pipeline owned by Intergas Central Asia JSC in Kazakhstan’s Mangistaus region, on Wednesday, the republic’s Emergency Ministry said.

Russia Seeks To Balance Budget With $70 Oil By 2015

Τρι, 21 Σεπτεμβρίου 2010 - 18:26

Russia will seek to balance its budget by 2015, based on oil at $70 per barrel, Finance Minister Alexei Kudrin said Tuesday, signaling that new strategies will be needed as the country struggles to erase its first deficit in years.

Germany Won't Contribute To Ecuador Nature-For-Oil Plan

Τρι, 21 Σεπτεμβρίου 2010 - 18:26

Germany won't consider contributing to a fund for the Yasuni-ITT project that would compensate Ecuador for not extracting oil from an Amazon reserve, Dirk Niebel, Germany's minister for Economic Cooperation and Development, said in a letter last week.

Nigeria Lead Contamination May Affect 18,000 People: U.N.

Τρι, 21 Σεπτεμβρίου 2010 - 18:25

More than 200 children are thought to have died in Nigeria following massive lead contamination that has affected an estimated 18,000 people because of illicit gold mining, the U.N. said Tuesday.