English Edition

India Offers To Invest In Gas Fields In Turkmenistan

India Offers To Invest In Gas Fields In Turkmenistan

India Tuesday offered to invest in Turkmenistan's natural gas producing fields and set up a petrochemical plant in the Central Asian country as it seeks to secure its own energy supplies.

North Korea To Sever All Relations With South Korea

North Korea To Sever All Relations With South Korea

North Korea said Tuesday it was severing all relations with South Korea and cutting communications links in protest at claims that it had sunk one of Seoul's warships.

TNK-BP Has Completed Seismic Exploration Of Astrakhan Fields

TNK-BP Has Completed Seismic Exploration Of Astrakhan Fields

BP PLC's (BP) Russian joint venture TNK-BP Holding (TNBP.RS) said Tuesday it has completed seismic exploration of all three of its fields in the Astrakhan region in the River Volga delta. TNK-BP acquired three 25-year licenses to develop fields in the Astrakhan region at an auction in 2006.

UK Government Outlines Laws To Promote Low-CO2 Energy

UK Government Outlines Laws To Promote Low-CO2 Energy

The U.K.'s coalition government outlined legislation to promote low-carbon energy production and secure energy supplies announced in the Queen's Speech that was delivered to parliament Tuesday.

Iran Says to Reconsider Fuel Swap if Sanctions Imposed

Iran Says to Reconsider Fuel Swap if Sanctions Imposed

Iran will reconsider a nuclear fuel swap deal if world powers agree to impose further sanctions on the Islamic Republic, Interfax news agency quoted Tehran's ambassador to Moscow as saying on Tuesday.

Areva Gets $2B US Govt Loan Guarantee For Enrichment Plant

Areva Gets $2B US Govt Loan Guarantee For Enrichment Plant

French nuclear group Areva SA (CEI.FR) said Friday that it has been granted a $2 billion loan guarantee from the U.S. Department of Energy to help finance its uranium enrichment facility near Idaho Falls, Idaho.

Libya Ready To Help Greece - Libyan PM

Libya Ready To Help Greece - Libyan PM

Libya stands ready to help Greece emerge from its debt crisis and beef up cooperation in the energy sector, Libyan Prime Minister Baghdadi Mahmoud said Friday in Athens.

Turkish PM Urges Obama Not To Dismiss Iran Nuclear Deal

Turkish PM Urges Obama Not To Dismiss Iran Nuclear Deal

Turkish Prime Minister Recep Tayyip Erdogan urged U.S. President Barack Obama not to dismiss a nuclear fuel swap deal sealed with Iran and to give diplomacy a chance, his press office said Friday.

Total In Contact To Provide Support To BP

Total In Contact To Provide Support To BP

French oil major Total SA (TOT) has contacted fellow oil major BP PLC (BP) about potentially helping dig "relief wells" to try to contain the massive oil spill in the Gulf of Mexico, Total's Chief Executive Christophe de Margerie said Friday.

GDF Suez Executive: Sees Nord Stream Deal Done In Weeks

GDF Suez Executive: Sees Nord Stream Deal Done In Weeks

French energy company GDF Suez SA (GSZ.FR) expects to finalize a deal that will grant it a 9% stake in the Baltic Sea gas pipeline project Nord Stream within the coming weeks, Jean-Francois Cirelli, the company's vice chairman and president, said Friday.

EU Southern Gas Corridor Getting Crowded

EU Southern Gas Corridor Getting Crowded

A new gas pipeline project – the Trans-Adriatic Pipeline (TAP) linking Greece to Italy – came to light yesterday (20 May), fuelling competition in a key section of the EU's so-called 'southern gas corridor', where two more planned pipelines are bidding for the same markets.

NKorea Threatens to Freeze Relations with South

NKorea Threatens to Freeze Relations with South

North Korea threatened on Friday to freeze all inter-Korean relations and annul past agreements in response for Seoul’s accusations that Pyongyang was to blame for the sinking of a South Korean warship in March, Yonhap reported.