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Russia to synchronize energy projects with market demand - Putin

Τετ, 10 Φεβρουαρίου 2010 - 19:11

Russia will synchronize large-scale energy projects, including the development of new deposits, with market demand, Prime Minister Vladimir Putin said Wednesday. He said that although global demand for energy had declined, "we proceed from best-case scenarios" and that "energy demand will eventually grow."

Euro zone holds intensive talks on Greek rescue

Τετ, 10 Φεβρουαρίου 2010 - 19:05

Euro zone countries held intensive talks on Wednesday on a possible rescue for Greece, whose debt crisis has shaken the entire currency union, as civil servants staged the first big strike against Athens' austerity plans.

Russia's Putin: Nord Stream Pipe Poses No Environmental Risks

Τετ, 10 Φεβρουαρίου 2010 - 18:27

Russian Prime Minister Vladimir Putin said Wednesday there would be no environmental risks from the Nord Stream pipeline, which is to run under the Baltic Sea to bring gas from Russia to the European Union.

Ukraine's Yanukovych:Russia Relations Will Be Priority

Τετ, 10 Φεβρουαρίου 2010 - 18:26

Ukraine election winner Viktor Yanukovych on Wednesday earmarked relations with Russia as a priority of his presidency, in his first major foreign policy statement since the results were announced.

Surgutneftegaz CEO Not Candidate To Rosneft Board

Τετ, 10 Φεβρουαρίου 2010 - 18:25

Chief Executive of Russian oil producer OAO Surgutneftegaz (SNGS.RS) Vladimir Bogdanov isn't included in a preliminary list of candidates to state-controlled OAO Rosneft's (ROSN.RS) board of directors, the Vedomosti daily reported Wednesday citing an unnamed source.

Gazprom Executive Urges UK To Scrap Wind Farms

Τετ, 10 Φεβρουαρίου 2010 - 18:25

Plans to build thousands of wind farms in the U.K. are irrational and should be scrapped in favor of more gas plants, the Guardian reports Wednesday, citing the deputy chairman of Russia's OAO Gazprom (GAZP.RS).

Euro Drops As Greece Gags Risk Appetite

Τετ, 10 Φεβρουαρίου 2010 - 18:24

The euro slipped against the dollar Wednesday--dropping below $1.37--as investors unsure of whether Greece would be offered help to deal with its stressed sovereign debt turned to the safety of the dollar and yen.

Russia:Iran Uranium Move Calls Sincerity Into Question

Τρι, 9 Φεβρουαρίου 2010 - 17:41

Iran's decision to ramp up uranium enrichment "heightens doubts on the sincerity" of the Islamic republic's nuclear intentions, the Russian foreign ministry said Tuesday.

Gazprom Executives Tout Growth Prospects

Τρι, 9 Φεβρουαρίου 2010 - 17:40

OAO Gazprom is seeking to reassure investors of its growth prospects as a looming supply glut threatens to depress European demand for Russian natural gas for years.

Russia, China Agree On Nuclear Construction Cost

Τρι, 9 Φεβρουαρίου 2010 - 17:40

Russia and China agreed on the cost of constructing the second stage of China's Tianwan nuclear power station, the RIA Novosti news agency reported, quoting sources close to the talks.

Gazprom Finds Commercial Gas At Abakan Fields In East Siberia

Τρι, 9 Φεβρουαρίου 2010 - 17:40

Russian gas firm OAO Gazprom (GAZP.RS) has found commercial gas at its Abakan block in the Krasnoyarsk region in East Siberia, the company said Tuesday.

Turkey:German Firms Interest In Baskent Dogalgaz Privatization

Τρι, 9 Φεβρουαρίου 2010 - 17:39

German companies are interested in the privatization of Ankara-based natural gas distributor Baskent Dogalgaz, Turkish Energy Minister Taner Yildiz said Tuesday, the Ihlas News Agency, or IHA, reports.

BTC Oil Pipeline Scheduled To Pump 23 Mln Bbl In March

Τρι, 9 Φεβρουαρίου 2010 - 17:39

The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump 23 million barrels of crude oil in March, 4 million barrels more than the February program, a crude oil trader said Tuesday.

Gazprom In Talks To Develop Sri Lankan Offshore Deposits

Δευ, 8 Φεβρουαρίου 2010 - 18:56

Russian gas firm OAO Gazprom (GAZP.RS) may develop hydrocarbon reserves off the coast of Sri Lanka, the company said Monday.

Rosneft Posts Reserve Replacement Ratio Of 172% In 2009

Δευ, 8 Φεβρουαρίου 2010 - 18:55

Russia's biggest oil producer OAO Rosneft (ROSN.RS) said Monday it replaced more than one and a half times the amount of hydrocarbons it produced in 2009, posting a reserve replacement rate of 163%.

Russia Commissions 2.4 Mln Tons/Year Export Grain Terminal

Δευ, 8 Φεβρουαρίου 2010 - 18:54

A new export grain terminal with annual capacity of 2.4 million metric tons a year will be commissioned Monday at Tuapse, Russia's second largest Black Sea port, the government of the Krasnodar Region said Monday.