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OPEC-11 Output Rises 0.29% In Sep Vs Aug

OPEC-11 Output Rises 0.29% In Sep Vs Aug

Organization of Petroleum Exporting Countries continued to take advantage of crude prices around $70 a barrel in September, leaking more oil to the market for a sixth consecutive month, a survey by Dow Jones Newswires showed Thursday.

IMF Chief Backs Tax On Fincl Sector

IMF Chief Backs Tax On Fincl Sector

International Monetary Fund head Dominique Strauss-Kahn on Friday called for a tax on the financial sector to protect the world economy from the "systematic risk" it creates, The Independent in London reported on Saturday, citing the IMF head.

Greeces Socialists Head For Victory In National Elections

Greece's Socialists Head For Victory In National Elections

Greece's opposition Socialist party was headed for victory in national elections on Sunday, as voters rejected the incumbent center-right party which had been tarred by scandals and unpopular economic policies during its five-and-a-half years in office.

Sarkozy To Clinch Deals For French Businesses In Kazakhstan

Sarkozy To Clinch Deals For French Businesses In Kazakhstan

French President Nicolas Sarkozy leads a high-powered business delegation to Kazakhstan on Tuesday to seal a string of lucrative deals in Caspian oil and gas, satellite technology and defence.

Russia, UK Sign Deal On Energy-Efficiency Investments

Russia, UK Sign Deal On Energy-Efficiency Investments

Russian Energy Minister Sergei Shmatko and his U.K. counterpart, Ed Miliband, Monday signed a memorandum of understanding on future joint energy-efficiency investments, Russian news agency RIA Novosti reports on its Web site.

Russia Sept Oil Output 10.006 Mln B/D, +0.4% On Month

Russia Sept Oil Output 10.006 Mln B/D, +0.4% On Month

Russia produced an average of 10.006 million barrels a day of crude oil and gas condensate in September, up 0.4% from August, the news agency Interfax reported Friday, citing Ministry of Industry and Energy statistics.

Russia Signs Deal To Supply Uranium To Japan, France

Russia Signs Deal To Supply Uranium To Japan, France

Russia has signed contracts worth $3 billion to supply low-enriched uranium to Japan and France, the RIA Novosti news agency reports Friday, citing Russian civil nuclear power corporation Atomenergoprom.

Azerbaijan Can Offer 7 BCM/Year Gas For Nabucco

Azerbaijan Can Offer 7 BCM/Year Gas For Nabucco

Azerbaijan can supply around 7 billion cubic meters of natural gas to be transported through Nabucco, when and if the pipeline becomes operational, an official of the Azeri state oil company Socar told the Black Sea Energy and Economic Forum in Bucharest, news agency Mediafax reported.

Terna plans for Balkans, Asia, South America

Terna plans for Balkans, Asia, South America

Terna Energy SA, a Greek alternative energy producer, plans to expand into markets in the Balkans, Asia and South America, according to a company presentation posted on the Athens Exchange’s website by GEK Terna, the Greek builder. GEK Terna plans to have a quarter of construction sales coming from outside Greece in the next three years, according to the presentation.

Iran, Powers To Talk Again Before End-Oct

Iran, Powers To Talk Again Before End-Oct

Iran and world powers have agreed to hold another round of talks before the end of the month, state-owned Press TV and Al-Alam television channels reported on Thursday.

Gazprom, Shell JV Gets $1.4 Bln Credit Line

Gazprom, Shell JV Gets $1.4 Bln Credit Line

Sakhalin Energy, a joint venture between OAO Gazprom (GAZP.RS) with Royal Dutch Shell PLC (RDSA), has secured a $1.4 billion credit line to fund its Sakhalin-2 oil and gas offshore project in Russia's Far East, the company said Thursday.

Romania Receives Offer Of 7.3 BCM Of Gas Via Nabucco

Romania Receives Offer Of 7.3 BCM Of Gas Via Nabucco

Romania has been offered the option to receive 7.3 billion cubic meters of natural gas via the Nabucco project, amounting to nearly one quarter of the pipeline's planned annual capacity, news agency Mediafax reports officials of the Economy Ministry as saying Thursday.