English Edition

EIA: US Natural Gas Production Expected To Fall 2.6% In 2010

Πεμ, 11 Φεβρουαρίου 2010 - 19:26

The U.S. Energy Information Administration predicted Wednesday that U.S. 2010 natural gas production will decline slightly less than previously forecast, citing an expected uptick in drilling activity later this year.

Hungary Finance Ministry: MOL Stake Buyback Report False News

Πεμ, 11 Φεβρουαρίου 2010 - 19:25

Hungary's Finance Ministry Thursday called "false news" an unconfirmed report in newspaper Vedomosti that said it intends to buy back a stake in MOL. Nyrt. (MOL.BU) from Russia's Surgutneftegaz (SNGS.RS).

Statoil Mulls Delaying Some Norway Gas Output On Glut

Πεμ, 11 Φεβρουαρίου 2010 - 19:24

Norwegian oil giant Statoil ASA (STO) said Thursday it may delay some Norwegian natural-gas production through 2012 and offered a cautious output outlook, offering the latest evidence of glut concerns despite a threefold rise in its fourth-quarter profit.

Saakashvili Congratulates Yanukovych On Election Win

Πεμ, 11 Φεβρουαρίου 2010 - 19:24

Georgian President Mikheil Saakashvili has formally congratulated Viktor Yanukovych on his victory in Ukraine's presidential election, Saakashvili's office said Thursday.

First Oil from Kashagan Not Far Off, Says Kazakh Energy Minister

Πεμ, 11 Φεβρουαρίου 2010 - 17:11

Having become one of the largest (16.81%) shareholders in the North-Caspian project (Kashagan field,) Kazakhstan has started paying closer attention to the costs associated with the development of this major and much promising project.

Medvedev Says Nuclear Energy Russian Priority Amid Climate Change

Πεμ, 11 Φεβρουαρίου 2010 - 17:04

Russian President Dmitry Medvedev during his visit to the west Siberian city of Tomsk in freezing temperatures on Thursday said nuclear energy development was a national priority, in particular as an instrument for combating global warming.

EU Seals Deal to Rescue Greece, Details Still Murky

Πεμ, 11 Φεβρουαρίου 2010 - 17:01

European leaders struck a deal to provide financial aid to Greece on Thursday, in an unprecedented move to stave off a broader crisis in the 16-nation bloc that shares the euro single currency.

Iran Says Can Enrich Uranium to "Much Higher" Levels

Πεμ, 11 Φεβρουαρίου 2010 - 17:00

Iran is now able to enrich uranium to more than 80 percent purity, President Mahmoud Ahmadinejad said on Thursday, coming close to levels experts say would be needed for a nuclear bomb.

CNPC to start drilling in Iran's gas project in March

Τετ, 10 Φεβρουαρίου 2010 - 19:12

China National Petroleum Corporation (CNPC) plans to begin drilling in phase 11 of Iran's South Pars gas project in March to evaluate reserves, an official says.

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.