English Edition

Shell In Talks With Iraq Over Kirkuk Field

Παρ, 16 Οκτωβρίου 2009 - 19:07

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.

World Forum on Energy Regulation IV in Athens

Παρ, 16 Οκτωβρίου 2009 - 17:21

The Greek Regulatory Authority for Energy (RAE) and the Council of European Energy Regulators (CEER) are co-hosting in Athens the fourth World Forum on Energy Regulation (WFER IV), to be held from the 18 till the 21 October 2009, at the Athenaeum Intercontinental Hotel. The WFER IV is under the patronage of the H.E. the President of the Hellenic Republic, Mr Carolos Papoulias and the European Commissioner for Energy, Mr Andris Piebagals

Instability is Likely to Hurt Romanian Economy

Παρ, 16 Οκτωβρίου 2009 - 15:11

The collapse of the ruling coalition in Romania could threaten the country’s ability to attract foreign investment and thereby exacerbate the country’s economic plight, analysts warned. The coalition came apart last Thursday, when Social Democratic Party (PSD) ministers resigned to protest the sacking of one of them.

OPEC Exports Seen Down 0.10M B/D In 4 Wks To Oct 31

Πεμ, 15 Οκτωβρίου 2009 - 18:59

Oil shipments from the Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, are expected to fall by 100,000 barrels a day in the four weeks ending Oct. 31, compared with the previous four-week period, U.K.-based tanker tracker Oil Movements said Thursday.

IEA Ministers Commit To Stabilize CO2 Emissions

Πεμ, 15 Οκτωβρίου 2009 - 18:58

Ministers from the International Energy Agency member countries Thursday committed to a goal to cut developed countries' emissions by 80% or more and to halve them globally by 2050, the organization said.

TNK-BP To Spend $1.3 Bln on Refinery Upgrades Over 5 Years

Πεμ, 15 Οκτωβρίου 2009 - 18:57

Anglo-Russian oil joint venture TNK-BP Ltd. (TNBP.RS) plans to spend $1.3 billion over the next five years to upgrade gasoline production at its refineries in Russia and Ukraine, the company said Thursday.

GDF Suez CEO:Open To Looking Anew At Nabucco Pipeline Project

Πεμ, 15 Οκτωβρίου 2009 - 18:56

French utility GDF Suez SA (GSZ.FR), which is already in talks to join the OAO Gazprom-led (GAZP.RS) Nord Stream pipeline, would also be prepared to take a fresh look at the Nabucco pipeline project, Chief Executive Gerard Mestrallet said Thursday.

Turkish PM Visits Iraq To Sign A Raft Of Deals

Πεμ, 15 Οκτωβρίου 2009 - 18:55

Turkish Prime Minister Recep Tayyip Erdogan visited Iraq Thursday to sign a raft of agreements aimed at boosting economic and political ties between the neighbors, state television reported.

UK Auditor Stands By Estimate Of Turkmenistan Gas Reserves

Πεμ, 15 Οκτωβρίου 2009 - 18:54

A U.K. auditing firm Thursday rejected claims made by Russian media this week that energy-rich Turkmenistan massively overstated the size of reserves at a key gas field.

OPEC Report:2009 World Oil Demand Growth Revised Up

Πεμ, 15 Οκτωβρίου 2009 - 18:53

The Organization of Petroleum Exporting Countries said Tuesday it revised up its forecast for world oil demand in 2009 and 2010 as the global economy continues to show signs of recovery but warned that sustained government spending to support growth was difficult to maintain, in particular in advanced economies.