IEA Ministers Commit To Stabilize CO2 Emissions Πεμ, 15 Οκτωβρίου 2009 - 18:58 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 Πεμ, 15 Οκτωβρίου 2009 - 18:57 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.
GDF Suez CEO:Open To Looking Anew At Nabucco Pipeline Project Πεμ, 15 Οκτωβρίου 2009 - 18:56 French utility GDF Suez SA (GSZ.FR), which is already in talks to join the OAO Gazprom-led (GAZP.RS) Nord Stream pipeline, would also be prepared to take a fresh look at the Nabucco pipeline project, Chief Executive Gerard Mestrallet said Thursday.
Turkish PM Visits Iraq To Sign A Raft Of Deals Πεμ, 15 Οκτωβρίου 2009 - 18:55 Turkish Prime Minister Recep Tayyip Erdogan visited Iraq Thursday to sign a raft of agreements aimed at boosting economic and political ties between the neighbors, state television reported.
UK Auditor Stands By Estimate Of Turkmenistan Gas Reserves Πεμ, 15 Οκτωβρίου 2009 - 18:54 A U.K. auditing firm Thursday rejected claims made by Russian media this week that energy-rich Turkmenistan massively overstated the size of reserves at a key gas field.
OPEC Report:2009 World Oil Demand Growth Revised Up Πεμ, 15 Οκτωβρίου 2009 - 18:53 The Organization of Petroleum Exporting Countries said Tuesday it revised up its forecast for world oil demand in 2009 and 2010 as the global economy continues to show signs of recovery but warned that sustained government spending to support growth was difficult to maintain, in particular in advanced economies.
Companies Ease Demands On Iraq Oil-Field Rights Τετ, 14 Οκτωβρίου 2009 - 17:56 Several oil companies that rejected tough terms in the country's first auction for oil-field rights this summer have dropped their demands for higher payouts, said Oil Minister Hussein al-Shahristani at a news conference Tuesday
Turkey Dismisses Head of Botas Τετ, 14 Οκτωβρίου 2009 - 17:55 The Turkish government has dismissed the head of state-owned pipeline and gas company BOTAS, Huseyin Saltuk Duzyol, the government's official gazette said Wednesday, the Ihlas News Agency, or IHA, reports.
Iraqi Kurdistan Stops Oil Exports In Dispute With Ctrl Govt Τετ, 14 Οκτωβρίου 2009 - 17:39 Iraqi Kurdistan has halted its oil exports due to a payment dispute with the central government in Baghdad, the natural resources minister of the autonomous northern region said Wednesday.
Syria, Turkey To Hold Joint Military Exercises Τετ, 14 Οκτωβρίου 2009 - 17:33 Syrian Defense Minister Ali Habib said his country is to stage a second round of joint military exercises with Turkey, in comments published Wednesday.
Russia Putin Pushes SCO Countries To Form Energy Forum Τετ, 14 Οκτωβρίου 2009 - 17:30 Russian Prime Minister Vladimir Putin reiterated Wednesday a proposal that Shanghai Cooperation Organization member states form an energy forum, RIA Novosti reports.
Russian Crude Via Ukraine Halted To Hungary Τετ, 14 Οκτωβρίου 2009 - 17:28 Hungarian oil and gas giant MOL Nyrt. (MOL.BU) said Wednesday that deliveries of Russian crude oil through Ukrainian had been halted since Tuesday evening due to technical problems.
IEA Optimistic Emissions Deal Can Be Struck In Copenhagen Τετ, 14 Οκτωβρίου 2009 - 17:24 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 Armenia's Turkey Ties Τρι, 13 Οκτωβρίου 2009 - 18:36 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.
OMV, RWE Say They Would Welcome French Nabucco Partnership Τρι, 13 Οκτωβρίου 2009 - 18:34 Two of the partners behind the planned Nabucco gas pipeline said Tuesday they would welcome a French company's bid to become a seventh partner in the project.
Turkmenistan President Fires Several Energy Chiefs Τρι, 13 Οκτωβρίου 2009 - 18:32 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.