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Berlusconi to Visit Bulgaria in October at Borisovs Invitation

Berlusconi to Visit Bulgaria in October at Borisov's Invitation

Italy's Prime Minister, Silvio Berlusconi, is coming to Bulgaria for an official visit in October 2009. This became clear after he met with Bulgaria's Prime Minister, Boyko Borisov, in Gdansk, Poland, during the events dedicated to the remembering the 70th year since the start of World War II

Putin Wants from Borisov Quick Decisions on Russia-Bulgaria Energy Projects

Putin Wants from Borisov Quick Decisions on Russia-Bulgaria Energy Projects

Russia's Prime Minister, Vladimir Putin, has called upon his Bulgarian counterpart, Boyko Borisov, to make a decision on the realization of the joint energy projects as soon as possible. Putin and Borisov met Tuesday night in Poland's city of Gdansk after the remembrance ceremonies for the 70th year since the start of World War II. The main topic of the first meeting of the two black-belt Prime Ministers was the future of the three joint energy projects - the Burgas-Alexandroupolis oil pipeline, the South Stream gas transit pipeline, and the Belene Nuclear Power Plant

Clean Power From Africa

Clean Power From Africa

Along with other industrial companies, Siemens Energy is participating in the Desertec initiative to provide sustainable power to Europe, the Middle East and North Africa. A corresponding Memorandum of Understanding was signed today in Munich. Environmentally friendly power generated at solar thermal power plants in the Sahara and wind farms in North Africa is to be transported to the load centers where the power is needed. A technical and financial concept will be developed.

Lukoil Completes Buy Of Totals Dutch Refinery Stake

Lukoil Completes Buy Of Total's Dutch Refinery Stake

Lukoil Holdings (LKOH.RS) has completed the acquisition of a 45% stake in a Dutch oil refinery from France's Total SA (TOT) for $600 million, Lukoil, Russia's largest independent oil producer, said Tuesday, RIA Novosti news agency reports.

Iran Ready For New Round Of Nuclear Talks

Iran Ready For New Round Of Nuclear Talks

Iran's top nuclear negotiator said Tuesday the Islamic republic is ready for fresh talks with world powers over its atomic programme, and that is has updated its package of proposals.

Iran, Pakistan Start Technical Talks On Gas Pipeline

Iran, Pakistan Start Technical Talks On Gas Pipeline

Iran and Pakistan started talks Monday to finalize the technical terms of a deal to build a pipeline to supply Iranian gas to the energy-hungry south Asian nation, state-run Saudi Press Agency, or SPA, reported late Monday.

Iraq Aug Oil Exports -1.29% At 2.009M B/D Vs July 2.035M

Iraq Aug Oil Exports -1.29% At 2.009M B/D Vs July 2.035M

Iraq’s crude oil exports in August slipped slightly by 1.29% to 2.009 million barrels a day from 2.035 million barrels a day in July, head of the State Oil Marketing Organization told Dow Jones Newswires Tuesday.

Lukoil Asks Govt For Tax Exemptions For New Projects

Lukoil Asks Govt For Tax Exemptions For New Projects

Russian oil major OAO Lukoil Holdings (LKOH.RS) has asked the government to exempt new projects in northern Russia and the Caspian, Black and Azov seas from taxes and export duties, the Kommersant daily said Tuesday, citing the company's Chief Executive Vagit Alekperov.

Nuclear Industry To Welcome U.K. Energy Advisor

Nuclear Industry To Welcome U.K. Energy Advisor

U.K. Energy and Climate Change Secretary Ed Miliband is set to appoint Cambridge University Professor David MacKay as his chief scientific officer this week, the Independent on Sunday reports.

Iran To Put 14 New Oil, Gas Fields For Tender

Iran To Put 14 New Oil, Gas Fields For Tender

Iran is to put 14 new oil or gas fields for tender in the near future, an Iranian news agency said Saturday, amidst increased uncertainty for the country's oil industry.

Iran OK To Transit Gas From Turkmenistan To Iraq,UAE

Iran OK To Transit Gas From Turkmenistan To Iraq,UAE

Iran is willing to allow gas to flow through its pipelines from Turkmenistan to both Iraq and the United Arab Emirates, an Iranian oil official said over the weekend, Mehr News Agency reports.

Putin To Discuss Gas With Ukraine During Poland Trip

Putin To Discuss Gas With Ukraine During Poland Trip

Russian Prime Minister Vladimir Putin will discuss bilateral ties between Russia and Ukraine with his Ukrainian counterpart, Yulia Tymoshenko, during a working visit to Poland, the RIA Novosti news agency reports Monday, citing a senior Russian government official.

Italian Consortium Signs 10-Year Gas Contract With Gazprom

Italian Consortium Signs 10-Year Gas Contract With Gazprom

Italian utility Ascopiave SpA (ASC.MI) said Monday that a consortium in which it has a stake has signed a deal with OAO Gazprom (GAZP.RS) to receive natural gas supplies from the Russian company for the next 10 years.

OPEC Unlikely To Cut Output In Sept

OPEC Unlikely To Cut Output In Sept

The Organization of Petroleum Exporting Countries is unlikely to agree on cutting crude oil output when it next meets in September, a member of Kuwait's Supreme Petroleum Council said Sunday.

Shell To Launch 180,000 Tons/Yr Lubricants Plant In Russia

Shell To Launch 180,000 Tons/Yr Lubricants Plant In Russia

Royal Dutch Shell PLC (RDSA) will by the end of 2010 become the first international oil company to launch a lubricants plant in Russia, the world's third-largest market, the Anglo-Dutch oil major said Monday.