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A Strategic Alliance Between Hellenic Petroleum - Elpedison

A Strategic Alliance Between Hellenic Petroleum - Elpedison

Hellenic Petroleum S.A. announces today, within the framework of the agreement to form a strategic alliance with Italy’s Edison SpA that was signed on 3 July 2008, the merger through absorption of Thisvi S.A. (which was 65%-owned by Elpedison B.V. and 35%-owned by Hellenic Energy & Development S.A. and Halcor S.A.) with Energiaki Thessalonikis S.A., which has been renamed to Elpedison Power Generation S.A. (was 100%-owned by Elpedison B.V.).

Iran, Israel Traded Barbs At Nuclear Talks

Iran, Israel Traded Barbs At Nuclear Talks

Iranian and Israeli officials traded accusations during nuclear talks in Cairo, an Egyptian official who attended the first high-level contact between the two countries in 30 years said Thursday.

Czech Govt Wants To Increase Stake In Crude Oil Assets

Czech Govt Wants To Increase Stake In Crude Oil Assets

The Czech government wants to buy a stake in the country's leading crude oil refinery, Ceska Rafinerska AS, to enhance energy security, the Deputy Minister of Energy said Thursday.

Russias Putin: South Stream May Be Built Ahead Of Schedule

Russia's Putin: South Stream May Be Built Ahead Of Schedule

Construction of the South Stream gas pipeline, which will supply Russian and Central Asian natural gas to Europe under the Black Sea, may be finished before 2013 as originally planned, Russia's Prime Minister said Thursday.

Kazakhstan To Take Part In Samsun-Ceyhan Oilpipe Proj

Kazakhstan To Take Part In Samsun-Ceyhan Oilpipe Proj

Kazakhstan's President Nursultan Nazarbayev said Thursday his country is ready to participate in the Samsun-Ceyhan oil pipeline project together with Russia, the Ihlas News Agency, or IHA, reported.

Iran Uranium Talks Begins In Vienna

Iran Uranium Talks Begins In Vienna

Iran and world powers began a third round of talks here Wednesday to hammer out a deal on the supply of enriched uranium to Tehran in the hope of defusing tensions over its nuclear program.

Azerbaijan Must Diversify Econ Away From Oil, Gas

Azerbaijan Must Diversify Econ Away From Oil, Gas

World Bank Managing Director Ngozi Okonjo-Iweala urged Azerbaijan on Wednesday to diversify its economy away from the oil and gas sector as the ex-Soviet republic approaches peak energy production.

TNK-BP CFO: 2010 Capex May Total $3.4 Bln To $3.5 Bln

TNK-BP CFO: 2010 Capex May Total $3.4 Bln To $3.5 Bln

Russia's third-biggest oil producer TNK-BP Holding (TNBP.RS) may invest between $3.4 billion and $3.5 billion in 2010, the company's Chief Financial Officer Jonathan Muir told journalists Wednesday.

EDF Interested In South Stream Stake To Secure More Gas

EDF Interested In South Stream Stake To Secure More Gas

Utility giant Electricite de France SA's (EDF.FR) motivation to consider investing in the planned South Stream natural gas pipeline is to secure more gas, a company executive said Wednesday.

Russia, Serbia sign bilateral agreements after Belgrade summit

Russia, Serbia sign bilateral agreements after Belgrade summit

Russia and Serbia signed a number of cooperation agreements after Tuesday negotiations of Presidents Dmitry Medvedev and Boris Tadic. For instance, Gazprom and Srbijagas signed agreements on the Serbian segment of the South Stream pipeline and the joint venture managing the Banatski Dvor underground gas storage site.

IEA Calls For 11M B/D OPEC Output Rise By 2030

IEA Calls For 11M B/D OPEC Output Rise By 2030

The world will need an additional 11 million barrels a day of OPEC crude by 2030 even if ambitious climate change policies are implemented, the head of the International Energy Agency said Tuesday.

Gazprom, EDF Sign Trans Atlantic Gas Swap Deal - Gazprom

Gazprom, EDF Sign Trans Atlantic Gas Swap Deal - Gazprom

Russian gas company OAO Gazprom (GAZP.RS) and French utility Electricite de France SA (EDF.FR) have signed an agreement to swap natural gas between the U.S. and European markets, Gazprom said Tuesday.