English Edition

Russias Gazprom Plans To Join Bahrain Gas Tender

Russia's Gazprom Plans To Join Bahrain Gas Tender

Russia's Gazprom plans to participate in a tender for Bahrain's deep natural gas exploration project put forward by the National Oil and Gas Authority at the end of last year, Manama-based Al Waqt daily reports Monday.

Shell In Talks With Iraq Over Kirkuk Field

Shell In Talks With Iraq Over Kirkuk Field

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.

Russia Drops Joint WTO Bid With Belarus, Kazakhstan

Russia Drops Joint WTO Bid With Belarus, Kazakhstan

Moscow and its partners will join the World Trade Organization separately, Russia's chief trade negotiator said Friday, dropping an earlier pledge to enter the global body with two ex-Soviet neighbors.

EDF: Talks With Gazprom On Taking Minority South Stream Stake

EDF: Talks With Gazprom On Taking Minority South Stream Stake

The chief executives of utility giant Electricite de France SA (EDF.FR) and Russia's OAO Gazprom (GAZP.RS) met here Friday to discuss the French company taking a minority stake in the planned South Stream natural gas pipeline, EDF said.

Russia Sees 2009 Oil Output Up 0.8% On Year

Russia Sees 2009 Oil Output Up 0.8% On Year

Russian may lift crude oil production by 0.8% to between 492 million metric tons and 493 million tons, the Interfax news agency reported Friday citing the country's Deputy Energy Minister Sergey Kudryashov.

Shell In Talks With Iraq Over Kirkuk Field

Shell In Talks With Iraq Over Kirkuk Field

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

World Forum on Energy Regulation IV in Athens

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

Instability is Likely to Hurt Romanian Economy

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

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

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

IEA Ministers Commit To Stabilize CO2 Emissions

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

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

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.