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Gazprom Neft: EUR100M Investment In Serbia In 2009

Τετ, 2 Δεκεμβρίου 2009 - 19:36

Russian oil major Gazprom Neft (SIBN.RS) expects its investments in Serbian oil company Naftna Industrija Srbije to amount to EUR100 million in 2009, representatives said during a conference call Tuesday, according to the Prime-Tass news agency.

EBRD Warns Kazakhstan Not To Rely Too Much On Commodities

Τετ, 2 Δεκεμβρίου 2009 - 19:32

The European Bank for Reconstruction and Development, or EBRD, is encouraging Kazakhstan to continue efforts to diversify its commodities-driven economy and not to rely on a price move for economic growth, the bank president said Wednesday.

Ukraine To Settle November Russian Gas Bill On Time

Τετ, 2 Δεκεμβρίου 2009 - 19:27

Ukraine's national energy company Naftogaz will pay about $770 million in December for Russian natural gas deliveries in November, Russian news agency RIA Novosti reports on its Web site Wednesday, citing acting Ukrainian Finance Minister Ihor Umanskiy.

Russia Energy Min: Oil Pipeline Faces Problems In Bulgaria

Τετ, 2 Δεκεμβρίου 2009 - 19:26

A planned Russian-backed oil pipeline linking a Bulgarian Black Sea port with the Aegean faces "problems" with the government in Sofia, Russia's energy minister said Wednesday.

Iran Will Enrich Uranium To 20%

Τετ, 2 Δεκεμβρίου 2009 - 19:24

A defiant President Mahmoud Ahmadinejad said Wednesday Iran will itself enrich uranium up to 20% purity, in a blow to Western efforts to stop Tehran's sensitive nuclear activities.

Greek Oil Tanker Repels Pirate Attack Off Oman

Τρι, 1 Δεκεμβρίου 2009 - 19:41

The crew of a Greek oil tanker Tuesday used water hoses and flares to repel a dawn attack by pirates off Oman, Greek harbor police said.

Eni Mulls Supply Of Turkmenistan To Europe Via Turkey – CEO

Τρι, 1 Δεκεμβρίου 2009 - 19:39

Eni SpA (E) is studying the possibility of supplying Europe with Turkmenistan natural gas via Turkey, said Paolo Scaroni Tuesday, as Italy's biggest energy company by revenue aims to secure closer links with the hydrocarbon-rich Caspian country.

Turkish Minister: Russia Interested In New Nuclear Tender –IHA

Τρι, 1 Δεκεμβρίου 2009 - 19:37

Russia is interested in a new tender to build and operate Turkey's first nuclear power station, Turkish Energy Minister Taner Yildiz said Tuesday, the Ihlas News Agency, or IHA, reports.

Japan's Amano Starts Work As New IAEA Chief

Τρι, 1 Δεκεμβρίου 2009 - 19:36

Japanese diplomat Yukiya Amano officially took over as the head of the United Nations' atomic watchdog here Tuesday, describing the current situation as "stormy" for the agency.

Iranian Minister Doesn't Expect OPEC To Agree Output Hike

Τρι, 1 Δεκεμβρίου 2009 - 19:34

Iran, the second largest oil producer in the Organization of Petroleum Exporting Countries, said Tuesday it does not expect any decision to hike crude output at the cartel's meeting later this month.

KazMunaiGas EP 3Q Net Profit Down 27% On Lower Oil

Δευ, 30 Νοεμβρίου 2009 - 19:00

London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production, or KMG EP, (RDGZ.KZ) said Monday its third-quarter net profit declined 27% on the year to 51.81 billion tenge ($348.5 million), mainly due to lower oil prices, but pointed to an improvement in market conditions.

Iraqi Gas From Pearl May Supply Nabucco By 2014

Δευ, 30 Νοεμβρίου 2009 - 18:59

Northern Iraqi gas production from the Pearl Production Co. could be available in five years to feed into the Nabucco gas pipeline and supply Europe, Austrian oil company OMV AG (OMV.VI) said Friday.

Greece Eyes Involvement In Russian Oil, Gas Pipelines

Δευ, 30 Νοεμβρίου 2009 - 18:58

Greece is seeking to become a European energy hub by securing gas and oil agreements with Russia, its deputy foreign minister told the RIA Novosti news agency Monday.