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IMF Program,Exchange Rate At Stake In Ukraine Election

IMF Program,Exchange Rate At Stake In Ukraine Election

Δευ, 18 Ιανουαρίου 2010 - 17:30

A victory by Yulia Tymoshenko is Ukraine's presidential elections would mean a faster resumption of the International Monetary Fund's austerity program, but whoever comes out ahead will be forced to stick to the plan because of the country's heavy debts and the steep economic contraction of 2009, analysts said.

Russia Seen Seeking Control Of Belarus Refineries

Russia Seen Seeking Control Of Belarus Refineries

Δευ, 18 Ιανουαρίου 2010 - 17:30

Russia may end up gaining control of Belarussian refinery assets, as the outcome of an ongoing oil pricing dispute between the two countries, says Metropol, noting Belarus is unlikely to raise transit fees.

Shell-Petronas Grp Inks Accord For Iraq Majnoon Oil Field

Shell-Petronas Grp Inks Accord For Iraq Majnoon Oil Field

Δευ, 18 Ιανουαρίου 2010 - 17:29

A consortium made up of Royal Dutch Shell PLC (RDSA) and Malaysia's Petronas finalized in Baghdad Sunday an agreement to develop southern Iraq's supergiant Majnoon oil field, having won the contract in the country's historic second oil-field auction held in December.

Iraq To Ink Seven Oil Field Deals This Month

Iraq To Ink Seven Oil Field Deals This Month

Δευ, 18 Ιανουαρίου 2010 - 17:28

The Iraqi oil ministry will finalize by the end of this month seven deals for oil fields won in Iraq's second round of bidding held in December as all winning companies have agreed to new amendments, a senior oil ministry official said Sunday.

EU, Iraq Sign Energy Partnership Agreement

EU, Iraq Sign Energy Partnership Agreement

Δευ, 18 Ιανουαρίου 2010 - 17:25

Naftoport, a Polish oil terminal on the Baltic Sea coast in Gdansk, will export more Russian oil at the end of January, the company's chief executive said Monday.

Somali Pirates Release Greek Tanker

Somali Pirates Release Greek Tanker

Δευ, 18 Ιανουαρίου 2010 - 12:43

NAIROBI, Kenya -- Somali pirates released a Greek supertanker and its crew of 28 on Monday after a rival pirate group attacked the pirates onboard in an unsuccessful attempt to steal the ransom, the spokesman for the European Union's antipiracy force said.

Ukrainian Presidential Election Set for Runoff

Ukrainian Presidential Election Set for Runoff

Δευ, 18 Ιανουαρίου 2010 - 12:41

KIEV--Viktor Yanukovych, the vilified target of the Orange Revolution, scored a comeback in Ukraine's presidential election, as preliminary official returns Monday showed him leading a field of 18 first-round candidates but failing to avoid a runoff against a heroine of the 2004 uprising, Prime Minister Yulia Tymoshenko.

Nippon Oil To Buy 300,000 Tons/Year Gorgon LNG From Chevron

Nippon Oil To Buy 300,000 Tons/Year Gorgon LNG From Chevron

Παρ, 15 Ιανουαρίου 2010 - 19:41

Nippon Oil Corp. (5001.TO) and Chevron Corp. (CVX) said separately Thursday that Nippon and Chevron's Australian unit have signed an agreement for the sale of 4.5 million metric tons of liquefied natural gas over 15 years, beginning in 2015, from Chevron's Gorgon project in Western Australia.

Iraq,Iran Agree To Solve Disputed Border Oil Field Issue

Iraq,Iran Agree To Solve Disputed Border Oil Field Issue

Παρ, 15 Ιανουαρίου 2010 - 19:40

Iraqi and Iranian officials will meet next week to try to solve their border issues, including the dispute over a southern Iraqi oil well which Iranian forces occupied last month, foreign ministers of the two neighboring countries said Thursday.

Yingli Green Energy Signs Agreements to Supply 30 MW of PV Modules to Customers in Spain

Yingli Green Energy Signs Agreements to Supply 30 MW of PV Modules to Customers in Spain

Παρ, 15 Ιανουαρίου 2010 - 19:39

Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced it has signed five sales agreements with customers in Spain. Under these sales agreements, in the first half of 2010 the Company is expected to supply a total of approximately 30 MW of PV

National Grid Issues UK Gas Supply Balancing Alert Thursday

National Grid Issues UK Gas Supply Balancing Alert Thursday

Παρ, 15 Ιανουαρίου 2010 - 19:38

Freezing weather and an all-time high demand for U.K natural gas has forced natural gas grid operator National Grid PLC (NGG) to issue a Gas Balancing Alert to the market by e-mail Thursday, the second such alert this week.

Too Early To Call Recovery For Thermal Coal

Too Early To Call Recovery For Thermal Coal

Παρ, 15 Ιανουαρίου 2010 - 19:38

Shares of US coal companies surging in early '10, but Simmons & Co not yet convinced full blown recovery starting for thermal coal used by electric generators. "We believe that fundamentals have improved for steam coal over the past month, but one month of cold weather doesn't change the thermal coal situation entirely," firm says.

When the Wind is Out of an Oilman’s Sails

When the Wind is Out of an Oilman’s Sails

Παρ, 15 Ιανουαρίου 2010 - 13:45

The 81-year-old billionaire spent much of the past two years and $62 million of his fortune on an advertising and public relations offensive in which he tried to persuade Americans to embrace his Pickens plan. It called for a vast expansion of wind energy to displace natural gas, freeing the natural gas for use in vehicles, thus displacing foreign oil.