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Russia to Sign Last Document on South Stream Gas Project by May

Russia to Sign Last Document on South Stream Gas Project by May

Πεμ, 8 Απριλίου 2010 - 13:33

Russia expects to sign the last document required to launch the South Stream gas pipeline construction by the end of April, Energy Minister Sergei Shmatko said on Thursday. "The last agreement, with Austria, will be signed already in April," Shmatko said.

Putin,Tusk Agree to Long-Term Russian Natural Gas Supplies to Poland

Putin,Tusk Agree to Long-Term Russian Natural Gas Supplies to Poland

Πεμ, 8 Απριλίου 2010 - 13:31

Russian Prime Minister Vladimir Putin and his Polish counterpart Donald Tusk agreed to long-term Russian natural gas supplies to Poland.Putin told journalists after the talks on Wednesday that the relevant documents would be signed shortly.

Oil To Hit $90/Bbl In A Week On Demand-Libya Oil Head

Oil To Hit $90/Bbl In A Week On Demand-Libya Oil Head

Τετ, 7 Απριλίου 2010 - 18:36

Oil prices could hit $90 a barrel as early as next week spurred on by rising demand from the U.S., Libya's top oil official said ahead of the release of a closely watched U.S. stockpiles report.

Iran President Condemns US Obamas Nuclear Policy

Iran President Condemns US Obama's Nuclear Policy

Τετ, 7 Απριλίου 2010 - 18:35

Iranian President Mahmoud Ahmadinejad Wednesday warned his U.S. counterpart Barack Obama of a "tooth-breaking" response, as he condemned Washington's new nuclear policy.

Eni: Talks Well Under Way To Sell 2 Italy Upstream Companies

Eni: Talks Well Under Way To Sell 2 Italy Upstream Companies

Τετ, 7 Απριλίου 2010 - 18:35

Eni SpA (E) is in advanced negotiations to sell two hydrocarbon companies in Italy as part of its efforts to cut debt and boost output internationally, the country's biggest oil and natural gas company by volume said in its annual report.

Eni: Kashagan Incurred Aggregate Costs Of $4.5B As Of End 09

Eni: Kashagan Incurred Aggregate Costs Of $4.5B As Of End '09

Τετ, 7 Απριλίου 2010 - 18:33

Eni SpA (E) said it incurred aggregate costs of $4.5 billion as of the end of last year for the massive Kashagan oil project in Kazakhstan, adding further amounts are needed to build related export infrastructure.

Pace of Reforms to Pick Up

Pace of Reforms to Pick Up

Τετ, 7 Απριλίου 2010 - 15:23

The government is to speed up plans to submit to Parliament a series of bills that herald several structural reforms, sources close to Prime Minister George Papandreou said yesterday after foreign media reports that Greece would seek to renegotiate the rescue package agreed with the eurozone and the International Monetary Fund caused fluctuations on stock and bond markets.

Commission to Outline New Energy Action Plan

Commission to Outline New Energy Action Plan

Τετ, 7 Απριλίου 2010 - 13:33

The European Commission will present the priorities of its 2010-2014 energy action plan during a meeting of energy ministers at the end of May. The EU executive will inform ministers next month about the long-awaited plan, which will set out policy priorities in the field of energy for the next five years, Energy Commissioner Günther Oettinger's spokesperson confirmed.

Japan Utilities Inking Thermal Coal Buy Deals Around $100/Ton

Japan Utilities Inking Thermal Coal Buy Deals Around $100/Ton

Τρι, 6 Απριλίου 2010 - 16:25

Two recent announcements by major coal suppliers to Asian customers show Japanese utilities are closing deals with major thermal coal suppliers on term prices for annual contracts starting in April, though it is unclear which utilities are involved.

China Plans To Shut Many Small Coal Mines By End-2010

China Plans To Shut Many Small Coal Mines By End-2010

Τρι, 6 Απριλίου 2010 - 16:25

China's State Council, the cabinet, said Tuesday 8,000 small coal mines with a total output capacity of 200 million metric tons would be closed by the end of the year, in its latest effort to eliminate less efficient production facilities.

Qatar In Talks Over Possible LNG Shipments To Pakistan – Min

Qatar In Talks Over Possible LNG Shipments To Pakistan – Min

Τρι, 6 Απριλίου 2010 - 16:24

Qatar, the world's top liquefied natural gas exporter is in talks with Pakistan over possible LNG shipments, and with India over annual deliveries of as much as 4 million tons of the supercooled gas, the country's oil minister said Tuesday.

Qatar Oil Min: OPEC Crisis Meeting Unlikely

Qatar Oil Min: OPEC Crisis Meeting Unlikely

Τρι, 6 Απριλίου 2010 - 16:24

Qatar's oil minister said Tuesday Organization of Petroleum Exporting Countries are unlikely to hold an emergency meeting over the latest oil price rally as consumer demand is still weak and inventories are high.