English Edition

Russia, Ukraine Approve New Gas Agreements

Παρ, 16 Απριλίου 2010 - 14:48

Russia and Ukraine approved on Friday new gas agreements reached by energy giant Gazprom and its Ukrainian partners, the Russian government press service said. It said the agreements are based on Ukrainian President Viktor Yanukovych's proposals and establish a new pricing structure.

Turkey Believes Iran Nuclear Deal Still Possible

Παρ, 16 Απριλίου 2010 - 14:46

Turkey's foreign minister said on Wednesday he believed it was still possible to revive a deal, widely regarded as dead, under which Iran would send much of its low enriched uranium, or LEU, for processing abroad.

OPEC Will Step In If Oil Hits $100/Bbl - Kuwait Oil Minister

Πεμ, 15 Απριλίου 2010 - 18:24

Kuwaiti Oil Minister Sheikh Ahmad Abdullah al-Sabah said Thursday the Organization of Petroleum Exporting Countries will step in to alter output if crude prices top $100 a barrel.

IMF Head: Greece Has Requested Talks On Multi-Year Financing

Πεμ, 15 Απριλίου 2010 - 18:24

The head of the International Monetary Fund confirmed Thursday that Greek authorities requested talks on a multi-year financing deal, as part of a joint rescue package with euro-zone countries.

UN:China Must Spend $86B/Yr To Meet Greenhouse Gas Targets

Πεμ, 15 Απριλίου 2010 - 18:24

Facing rising energy needs from a wave of unprecedented urbanization, China will have to spend up to $86 billion a year to reach ambitious greenhouse gas-reduction targets, a United Nations report says, one of the first estimates of how much China's global warming targets will cost.

France, Italy Press EU Commission For Climate Border Tax

Πεμ, 15 Απριλίου 2010 - 18:23

The European Union must come up with new tools to advance international climate talks, and must consider introducing a border tax system linked to the carbon dioxide content of products imported into the bloc, according to France's President Nicolas Sarkozy and Italy's Prime Minister Silvio Berlusconi.

Gazprom, Qatar Discuss Joint LNG Project At Northern Field

Πεμ, 15 Απριλίου 2010 - 18:23

Qatar has invited Russian gas giant OAO Gazprom (GAZP.RS) to participate in a project involving liquified natural gas, or LNG, the Russian company said Thursday.

BP: All Projects Must Give Good Rate Of Return at $60/Bbl Oil

Πεμ, 15 Απριλίου 2010 - 18:22

All BP PLC (BP) oil and gas projects are required to give an acceptable rate of return at an oil price of $60 a barrel, said BP Chairman Carl-Henric Svanberg.

Russia Shuts Last Weapons-Grade Plutonium Reactor

Πεμ, 15 Απριλίου 2010 - 14:42

Russia shut its last weapons- grade plutonium reactor on Thursday, local news agencies reported, under a deal with the United States to cut the risk of nuclear proliferation from Soviet era bomb-making plants.

Cnooc, Sinochem Said to Bid on Statoil Brazil Field

Πεμ, 15 Απριλίου 2010 - 14:40

Cnooc Ltd., China’s biggest offshore energy explorer, and Sinochem Group may separately bid as much as $3 billion for a 40 percent stake in a Brazilian oil field owned by Norway’s Statoil ASA, two people with knowledge of the companies’ plans said.

Iraq To Get $850M Signature Bonuses From 7 Oil Deals

Τετ, 14 Απριλίου 2010 - 18:39

International oil companies will pay Iraq this year $850 million as signature bonuses for signing deals to develop seven oil fields awarded during the country's second licensing auction held in December last year, the Iraqi cabinet said in a statement Wednesday.