English Edition

Turkish PM Urges Obama Not To Dismiss Iran Nuclear Deal

Παρ, 21 Μαΐου 2010 - 19:06

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.

BP: Oil Collected From Gulf Spill Down To 2,200 Barrels A Day

Παρ, 21 Μαΐου 2010 - 19:05

BP PLC (BP, BP.LN) said Friday the amount of oil it's collecting from a massive leak in the Gulf of Mexico has declined since Tuesday to 2,200 barrels of oil a day.

Total In Contact To Provide Support To BP

Παρ, 21 Μαΐου 2010 - 19:05

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

Παρ, 21 Μαΐου 2010 - 19:04

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

Παρ, 21 Μαΐου 2010 - 14:03

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.

Ukraine has No Plans to Hand Russia Control of Gas Pipelines

Παρ, 21 Μαΐου 2010 - 14:01

Ukrainian Foreign Minister Kostyantyn Hryshchenko on Friday said Kiev had no plans to transfer control of its gas pipeline system to Russia.

NKorea Threatens to Freeze Relations with South

Παρ, 21 Μαΐου 2010 - 14:00

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.

E.ON Takes 15% Stake In Trans Adriatic Pipeline

Πεμ, 20 Μαΐου 2010 - 18:32

E.ON Ruhrgas, Germany's largest importer of natural gas, in a bid to strengthen its position in the Italian market said Thursday it will join a consortium that is developing a pipeline project to bring natural gas to Europe from the Caspian region via Greece and Italy.

Russia: Iranian Nuclear Plant Ready By August - Report

Πεμ, 20 Μαΐου 2010 - 18:32

Iran's first nuclear power station at Bushehr will be operating by August, Interfax reported Thursday citing the head of Russia's Federal Atomic Energy Agency.

Chevron: Tengiz Expansion May Add 12M Tons Of Oil A Year

Πεμ, 20 Μαΐου 2010 - 18:31

A planned expansion of the Tengiz oil field in Kazakhstan would add 12 million metric tons of crude production a year by 2016, Chevron Corp. (CVX) Vice President Ian MacDonald said Thursday.

Siemens Joins French Solar Power Project

Πεμ, 20 Μαΐου 2010 - 18:30

Germany's Siemens AG (SI) said Thursday it will join French solar power initiative Transgreen, which is supposed to complement a German-led project known as Desertec.

Sinopec Prices CNY20 Billion Exchange-Traded Bonds - Sources

Πεμ, 20 Μαΐου 2010 - 18:29

China Petroleum & Chemical Corp. (SNP), or Sinopec, on Thursday priced CNY20 billion (US$2.93 billion) worth of bonds, in the country's largest issue of exchange-traded corporate debt, two people familiar with the situation said.

Gazprom Neft Oil Services Unit Is Hard To Value

Πεμ, 20 Μαΐου 2010 - 18:29

The oil services business that Gazprom Neft (SIBN.RS) says it wants to sell, possibly in an initial public offering, is hard to value, says VTB, noting that the business's costs and revenue can't be determined accurately from its parent company's financial statements.