English Edition

Polish PM: Gas Deal With Russia Beneficial For Poland

Παρ, 20 Νοεμβρίου 2009 - 17:43

The Polish-Russian natural gas agreement that will soon be ratified by governments is beneficial for Poland as it guarantees the stability of supplies, Prime Minister Donald Tusk said Friday.

Turkey's Tetas Cancels Nuclear Power Plant Tender

Παρ, 20 Νοεμβρίου 2009 - 17:42

Turkish power provider TETAS said Friday it has canceled a tender to build and operate the country's first nuclear power station, the Ihlas News Agency, or IHA, reports.

EU Leaders Pick Belgium's Prime Minister As EU President

Παρ, 20 Νοεμβρίου 2009 - 17:37

European Union leaders picked the low-key prime minister of Belgium and a British trade representative who has never held elective office as the bloc's first president and foreign minister.

Iran's Ahmadinejad To Visit Bolivia To Reaffirm Cooperation

Παρ, 20 Νοεμβρίου 2009 - 17:29

Iranian President Mahmoud Ahmadinejad will visit Bolivia Tuesday to reinforce cooperation between the energy-rich allies as Tehran seeks growing influence in the region, Bolivian officials said.

IENE’s 2009 Annual “Energy & Development 2009” Conference Attracts Record Participation

Παρ, 20 Νοεμβρίου 2009 - 12:42

With the participation of over 350 delegates, IENE’s 14th Annual National Conference on “Energy & Development” was successfully held in Athens on November 10th - 11th. Among the participants one could find representatives of the top Greek energy companies, senior executives and officials from international organizations in Europe and beyond.

Trichet warns of threat to credibility

Παρ, 20 Νοεμβρίου 2009 - 10:32

As spreads on Greek bonds narrowed slightly yesterday, Greece was on the receiving end of a warning from European Central Bank (ECB) President Jean-Claude Trichet about the impact a country’s sliding credibility can have on its economic recovery.

Nippon To Hold Talks On Iraq Oil Field Deal Sunday

Πεμ, 19 Νοεμβρίου 2009 - 19:45

Representatives of a Japanese consortium led by Nippon Oil Corp. (5001.TO) will meet Sunday with Iraqi oil ministry officials to finalize a deal to develop Nassiriyah oil field in southern Iraq, a senior Iraqi oil official said Thursday.

Lukoil Resets Strategy To Focus On Free Cash Flow

Πεμ, 19 Νοεμβρίου 2009 - 19:42

Russia's biggest independent oil producer OAO Lukoil Holdings (LKOH.RS) has reset its strategy for the coming decade, focusing on free cash flow above an increase in output, the company said Thursday.

Major Powers To Meet On Iran Nuclear Issue Friday

Πεμ, 19 Νοεμβρίου 2009 - 19:40

Representatives from major world powers will meet in Brussels Friday to discuss developments with Iran's nuclear program, E.U. foreign policy chief Javier Solana's office said Thursday.

Total SA Says Shtokman Natural Gas Start Delayed 2 Years

Πεμ, 19 Νοεμβρίου 2009 - 19:39

Shtokman, a natural gas field in Russia's Arctic waters that is one of the world's largest gas deposits, will start producing two years later than OAO Gazprom's (OGZPY, GAZP.RS) planned launch date, according to one of the partners in the megaproject.

Russia, Ukraine Leaders Seek To End Gas Feud At Yalta Meeting

Πεμ, 19 Νοεμβρίου 2009 - 19:37

Russian Prime Minister Vladimir Putin was Thursday to meet his Ukrainian counterpart Yulia Tymoshenko for a rare meeting aimed at preventing a repeat of last winter's gas crisis.

Azerbaijan May Send Gas To Asia Instead Of Europe

Πεμ, 19 Νοεμβρίου 2009 - 19:34

Azerbaijan may send its gas to Asia instead of Europe if promised pipelines take too long to complete, an official said, according to a Bloomberg News report late Wednesday.

Regal Petroleum hit With Ρecord Fine Over Greece

Πεμ, 19 Νοεμβρίου 2009 - 16:45

Regal Petroleum Plc, a UK explorer in central Europe and Africa, was fined a record 600,000 pounds ($1 million) by London’s Alternative Investment Market for misleading investors about a Greek discovery in 2005. Regal fell as much as 2.4 percent in London trading after AIM’s Disciplinary Committee said the company was overoptimistic about the Kallirachi prospect in Greece and took longer than it should have to inform the market that the two wells were being abandoned.