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ConocoPhillips CEO: Oil Output Will Struggle To Hit 100M B/D

Τρι, 20 Οκτωβρίου 2009 - 19:17

Oil producers will struggle to raise global production to 100 million barrels a day in the long term, ConocoPhillips (COP) Chief Executive James Mulva said Tuesday.

Abu Dhabi To Launch Massive Oil Field Boost Next Yr - Exec

Τρι, 20 Οκτωβρίου 2009 - 19:16

Zakum Development Co., or Zadco, which is majority-owned by Abu Dhabi National Oil Co., will tender contracts next year to help it develop at a cost of as much as $15 billion the massive Upper Zakum oil field, a senior company official said Tuesday.

Finland Will Not Build Three New Nuclear Plants - PM

Τρι, 20 Οκτωβρίου 2009 - 19:15

Finland, which is building its fifth nuclear reactor, has yet to decide how many reactors it will need in the next decade but it will be fewer than three, Prime Minister Matti Vanhanen said Tuesday.

OPEC Won't Hike Output Amid Weak Dlr-Iran Official

Τρι, 20 Οκτωβρίου 2009 - 19:13

Iran's OPEC governor said Tuesday the weak U.S. dollar is driving oil prices above $80 a barrels and the producer group is unlikely to raise output unless demand picks up before its next meeting in Angola.

Eni, Calik, Rosneft Sign Turkey Oil Pipeline MoU

Δευ, 19 Οκτωβρίου 2009 - 15:48

Eni SpA (E), Calik Holding, JSC Transneft and OAO Rosneft (ROSN.RS) Monday signed a memorandum of understanding to discuss conditions to allow Russian companies to participate in a pipeline project bringing oil from the Caspian to the Mediterranean via Turkey.

Medvedev In Serbia To Reinforce Political, Economic Ties

Δευ, 19 Οκτωβρίου 2009 - 15:45

Dmitry Medvedev is to pay the first official visit of a Russian president to Serbia Tuesday to strengthen political and economic ties with Moscow's key ally in the Balkans.

Kazakhstan To Cut Spending 10% As Budget No Longer Feasible

Δευ, 19 Οκτωβρίου 2009 - 15:43

Kazakhstan plans to cut state expenditure for 2009 by over 10% as a result of the global financial crisis, Prime Minister Karim Masimov said Monday.

World Powers, Iran Meet In Vienna Mon To Talk On Uranium Deal

Δευ, 19 Οκτωβρίου 2009 - 15:42

World powers and Iran are set to meet in Vienna Monday for talks on supplying the Islamic Republic - which the West accuses of seeking to build an atomic bomb - with nuclear fuel.

Russia's Gazprom Plans To Join Bahrain Gas Tender

Δευ, 19 Οκτωβρίου 2009 - 15:40

Russia's Gazprom plans to participate in a tender for Bahrain's deep natural gas exploration project put forward by the National Oil and Gas Authority at the end of last year, Manama-based Al Waqt daily reports Monday.

Eni CEO: Unlikely Eni Will Bid For Iraq's Nassiriyah Oil Field

Δευ, 19 Οκτωβρίου 2009 - 15:39

Eni SpA (E), Italy's biggest oil and natural gas company by volume, is unlikely to bid for Iraq's Nassiriyah oil field, Chief Executive Paolo Scaroni said Monday.

Shell In Talks With Iraq Over Kirkuk Field

Δευ, 19 Οκτωβρίου 2009 - 15:37

Royal Dutch Shell PLC (RDSA) is renegotiating with Iraq about the Kirkuk oil field, one of Iraq's largest oil producing areas, after it didn't win access to the field in the country's first licensing auction held in Baghdad in June, company sources and Iraqi oil officials said Friday.