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IEA Optimistic Emissions Deal Can Be Struck In Copenhagen

IEA Optimistic Emissions Deal Can Be Struck In Copenhagen

The International Energy Agency, the energy advisor to big oil-consuming nations, Wednesday expressed optimism that countries will be able to forge a new agreement on cutting greenhouse gas emissions at a key meeting in Copenhagen in December.

Azerbaijan Peace Crucial For Armenias Turkey Ties

Azerbaijan Peace Crucial For Armenia's Turkey Ties

Turkish Prime Minister Recep Tayyip Erdogan Tuesday renewed calls for Armenia to seek peace with Azerbaijan, stressing that progress in their ties would determine the normalization of Turkish-Armenian relations.

Turkmenistan President Fires Several Energy Chiefs

Turkmenistan President Fires Several Energy Chiefs

The president of resources-rich Turkmenistan has fired several top officials in the energy sector, denouncing their "irresponsible approach" to their jobs, the official news agency reported.

World Needs 3,400 CCS Projs By 2050 To Meet Climate Goal

World Needs 3,400 CCS Projs By 2050 To Meet Climate Goal

The world needs a massive ramping up of carbon capture and storage, or CCS, technology across heavy industry and fuel processing in addition to electricity generation to cut emissions and prevent global temperatures from rising more than 2 degrees Celsius, the International Energy Agency said Tuesday.

Russia, China May Agree On Gas Pricing In Early 2010

Russia, China May Agree On Gas Pricing In Early 2010

Russian gas firm OAO Gazprom (GAZP.RS) and China National Petroleum Corp., or CNPC, may reach an agreement on the pricing for gas supplies early next year, the Prime-Tass news agency said Tuesday citing Russian Deputy Prime Minister Igor Sechin.

Shell CEO: UK Fears Over Gas Supply Security Overdone

Shell CEO: UK Fears Over Gas Supply Security Overdone

The U.K.'s fears of over reliance on imports of natural gas in the future are overdone because supply of the fuel will remain ample and secure, said Royal Dutch Shell PLC Chief Executive Peter Voser Tuesday.

Russias Putin Lands In China For Trade, Political Talks

Russia's Putin Lands In China For Trade, Political Talks

Russian Prime Minister Vladimir Putin landed in Beijing late Monday for a three-day visit to China during which the nations are to sign a raft of trade agreements and tighten political ties.

TNK-BP Considers Upstream Projects In Iraq

TNK-BP Considers Upstream Projects In Iraq

Anglo-Russian oil joint venture TNK-BP Holding (TNBP.RS) is considering the possibility of developing hydrocarbon resources in Iraq, the company said Monday.

EDF: Russia Uranium Work Conforms To Rules; Not Sending Waste

EDF: Russia Uranium Work Conforms To Rules; Not Sending Waste

French utility Electricite de France SA (EDF.FR) Monday said arrangements under which some fuel material from its nuclear plants ends up in Russia conform to International rules and that the material isn't waste.

Gazprom Sees 2009 Output At 450B-490B Cubic Meters

Gazprom Sees 2009 Output At 450B-490B Cubic Meters

Russian gas producer OAO Gazprom (GAZP.RS) plans to produce between 450 billion and 490 billion cubic meters of natural gas this year, the Interfax news agency said Monday, citing the company's Deputy Chief Executive Alexander Ananenkov.

Azerbaijan Jan-Sep Oil Exports Via BTC +4.9% On Yr

Azerbaijan Jan-Sep Oil Exports Via BTC +4.9% On Yr

Azerbaijan increased oil exports through the Baku-Tbilisi-Ceyhan pipeline 4.9% on the year to 27.292 million metric tons in January-September, the State Oil Company of Azerbaijan, or SOCAR, said Monday, according to the Prime-Tass news agency.

BTC Pipeline Scheduled To Pump 24.6 Million Bbl In Nov

BTC Pipeline Scheduled To Pump 24.6 Million Bbl In Nov

The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump 24.6 million barrels of crude oil in November, down 1.8 million barrels from the volumes planned for delivery in October, according to a crude oil trader who received the loading program.

Bulgaria, Romania to Build 2 Hydropower Plants with EU Funds

Bulgaria, Romania to Build 2 Hydropower Plants with EU Funds

Bulgaria and Romania are going to build two water-power plants, for which they are quickly trying to secure EU money. This was announced Sunday by Tudor Serban, Secretary of the Romanian Economy Ministry, as cited by newsin.ro.

Iran Hopes To Supply Over 50% Of EU-Backed Pipelines Gas

Iran Hopes To Supply Over 50% Of EU-Backed Pipeline's Gas

The Iranian government wants to supply more than 50% of the natural gas to be shipped to Europe through the European Union-backed Nabucco pipeline, Iran's Deputy Oil Minister Azizollah Ramezani said Friday.