English Edition

Forecast Gas Glut Could Challenge Russia's Grip

Πεμ, 5 Νοεμβρίου 2009 - 18:00

A draft of a report by the International Energy Agency says a global natural gas glut could lower prices, raising the prospect that Russia's grip over Europe's energy security will loosen, the Financial Times reported Wednesday.

Turkey Holds Final Tender Of 3 Pwr Grids Privatization Fri

Πεμ, 5 Νοεμβρίου 2009 - 17:58

Turkey's privatization agency OIB said Thursday it will hold a final tender for the privatization of three electricity distribution grids Friday, the Ihlas News Agency, or IHA, reported.

IENE’s 3rd Energy Week: A Topical Energy Summit with Top Speakers

Πεμ, 5 Νοεμβρίου 2009 - 17:45

Once again ΙΕΝΕ has invited several high level international experts, business leaders and senior government officials from Greece and abroad to participate in the events of its 3rd Energy Week to be organized in Athens from November 9th to November 12th. The speakers will cover an extended area of policy issues focusing on energy, Climate Change, environmental business opportunities and energy diplomacy

“Energy Business to Business” (B2B): A Platform for “Green Business” Opportunities

Πεμ, 5 Νοεμβρίου 2009 - 17:30

For the first time this year, the Institute of Energy for South-East Europe (IENE) organizes a one-day “Energy Business to Business” (B2B) Seminar, a communication platform between Greek businessmen and companies involved in “Green Business”. The Seminar takes place at the “Eugenides Foundation” on Thursday, November 12th 2009, as part of the “3rd Energy Week” (November 9th – November 12th)

Polish Govt To OK Gas Deal With Russia Within Weeks

Τετ, 4 Νοεμβρίου 2009 - 20:32

The Polish government will approve the agreement between Polish gas monopoly PGNiG (PGN.WA) and Russian gas major OAO Gazprom (GAZP.RS) at its next sitting with the signing expected within weeks, said Polish Economy Minister Waldemar Pawlak.

Gazprom Sees Rise In Gas Demand

Τετ, 4 Νοεμβρίου 2009 - 20:31

After a year in which Europe slashed its imports of Russian natural gas, OAO Gazprom says it sees signs of a turnaround, with European demand now exceeding precrisis levels.

Gazprom Neft Unit To Bid In Syria Oilfield Svc Tenders

Τετ, 4 Νοεμβρίου 2009 - 20:30

Gazpromneft-Nefteservis, an oilfield service unit of Russian oil company Gazprom Neft (SIBN.RS), plans to take part in tenders for oilfield services in Syria, according to a report in the Gazprom corporate magazine released Tuesday, Prime-Tass news agency reports.

Statoil CFO: Looking At New Partnerships In Iraq

Τετ, 4 Νοεμβρίου 2009 - 20:29

Statoil ASA (STO) is looking at potential partnerships with other companies in Iraq as it positions itself ready to take a share in the country's oil wealth, its chief financial officer said Wednesday.

Turkey To Decide On Nuclear Tender November or December

Τετ, 4 Νοεμβρίου 2009 - 20:28

Turkish Energy Minister Taner Yildiz said Wednesday that his government will announce in November or December its decision on whether to approve or cancel a tender to build the country's first nuclear power plant, the Ihlas News Agency, or IHA, reports.

Turkey Sees Energy Investments Of More Than TRY6.7B In 09

Τετ, 4 Νοεμβρίου 2009 - 20:27

Energy investments by the private sector are expected to exceed 6.7 billion Turkish lira ($4.5 billion) in 2009 up from TRY4.8 billion last year, the head of Turkey's energy watchdog EPDK said Wednesday, the Ihlas News Agency, or IHA, reported.

Eni Signing Begins Spate Of Iraqi Oil Agreements

Τρι, 3 Νοεμβρίου 2009 - 19:14

A consortium led by Italian energy giant Eni SpA on Monday signed an initial pact to develop Iraq's Zubair field, one of several deals moving forward this week aimed at boosting the war-torn country's oil output.

Russia Min: Lukoil Won't Lose Caspian License

Τρι, 3 Νοεμβρίου 2009 - 18:58

Russian oil producer OAO Lukoil Holdings (LKOH.RS) isn't at risk of losing the license to its Central field on the Caspian Sea shelf, Interfax reports Tuesday.

EU Commission To Meet Eni On Alleged Gas Market Abuse Nov 27

Τρι, 3 Νοεμβρίου 2009 - 18:57

Italian energy giant Eni SpA (E) will meet the European Commission on Nov. 27 for a hearing about an allegation that the company has restricted rivals from gaining access to its natural gas pipeline network, a commission spokeswoman said Tuesday.

2010 Crucial For Nabucco Pipeline

Τρι, 3 Νοεμβρίου 2009 - 18:55

Next year will be "crucial" for the Nabucco gas pipeline project, which aims to reduce Europe's reliance on Russia, former German foreign minister and Nabucco consultant Joschka Fischer said Tuesday.

Gazprom, GDF Suez To Swap German, Nord Stream Assets

Τρι, 3 Νοεμβρίου 2009 - 18:51

Gazprom OAO (GAZP.RS) and GDF Suez SA (GSZ.FR) are in talks over an asset swap that would allow the Russian gas monopoly to expand its position on the German gas market and open the Nord Stream gas pipeline to the French utility, German daily Handelsblatt reports Tuesday, citing unidentified sources.

Iraq Signs Rumaila Oil Field Deal With BP, CNPC

Τρι, 3 Νοεμβρίου 2009 - 18:50

Iraq signed a final deal Tuesday with U.K. oil major BP PLC (BP.LN) and China National Petroleum Corp. to develop Rumaila, its largest producing oil field, said Iraqi Oil Minister Hussein al-Shahristani.