English Edition

Sinopec Pursues Addax, In Bid For Oil Resources

Δευ, 15 Ιουνίου 2009 - 13:52

Sinopec, the Chinese state oil company, is in talks to acquire Addax Petroleum, a small explorer with oilfields in Iraqi Kurdistan and West Africa, according to a person familiar with the matter.

IAEA Meets To Discuss Iran, Syria Nuclear Investigations

Δευ, 15 Ιουνίου 2009 - 13:50

The U.N. atomic watchdog convened its regular June board meeting here Monday, with Iran's nuclear program expected to dominate following the country's disputed presidential election.

Italy's Eni Poised To Sell North Sea Oil Assets

Δευ, 15 Ιουνίου 2009 - 13:47

Italian oil company Eni SpA (E) has hired Rothschild to sell most of its iNorth Sea oil assets for more than $1 billion, the U.K.'s Sunday Times newspaper reports.

3rd SE Europe Energy Dialogue Attracts International Interest

Παρ, 12 Ιουνίου 2009 - 20:11

The South East Europe Energy Dialogue (SEEED), is being organized by the Institute of Energy for South East Europe (IENE) for the third consecutive year.

Italy Business Grp Head Sees More Libyan Invest In Italy

Παρ, 12 Ιουνίου 2009 - 17:19

Italian business group head Emma Marcegaglia said Friday she expects Libya to make more investments in Italy in the future.

World Awaits Recovery As G8 Finance Chiefs Meet

Παρ, 12 Ιουνίου 2009 - 17:18

Finance ministers from the G8 leading world powers meet for talks in Italy on Friday as populations hit by the worst economic crisis in decades wait for firm evidence of an upcoming recovery.

DNO's Kurdish Exports At 50,000 B/D In 4 Wks

Παρ, 12 Ιουνίου 2009 - 17:16

Oil exports from the Tawke field in Iraq's Kurdistan region should reach 50,000 barrels a day within four weeks, Helge Eide, chief executive of DNO International ASA (DNO.OS), said Thursday.

Iraq Raises July Basra, Kirkuk Crude OSP To All Buyers

Παρ, 12 Ιουνίου 2009 - 17:14

Iraq's State Oil Marketing Organization raised the July official selling prices of its Basra and Kirkuk crude oil to all customers, the head of SOMO told Dow Jones Newswires Friday.

Iran Begins Voting For New President

Παρ, 12 Ιουνίου 2009 - 17:12

Iranians poured into polling stations Friday to vote in a tight presidential race with incumbent hardliner Mahmoud Ahmadinejad facing a tough challenge from moderate ex-premier Mir Hossein Mousavi.

EBRD To Invest In Ukraine's Energy Efficiency Projects

Παρ, 12 Ιουνίου 2009 - 17:09

The European Bank for Reconstruction and Development said Thursday it will consider investing in energy efficiency projects in Ukraine as part of a plan signed with Ukraine's government.

Kazatomprom Tells Foreign Cos Contracts Won't Be Changed

Παρ, 12 Ιουνίου 2009 - 17:03

Kazakh state nuclear fuel company, Kazatomprom, said Friday that existing contracts with foreign companies involved in Kazakhstan won't be scrapped.

Sweden Should Push For Clean Coal During EU Presidency-Sachs

Πεμ, 11 Ιουνίου 2009 - 19:47

Sweden has a "tremendous and unique" opportunity to reduce global carbon dioxide emissions by creating a green alliance with all major coal-burning countries during the Copenhagen summit this autumn, when it holds the E.U. presidency, said American economist Jeffrey Sachs Thursday at a climate conference in Stockholm.

Ukraine Pres Urges Renegotiation Of Russian Gas Deal

Πεμ, 11 Ιουνίου 2009 - 19:44

Ukraine President Viktor Yushchenko called for his country's gas agreement with Russia to be revised and warned of the potential for huge penalties if it buys less gas than stipulated in its contract, Russian news agency RIA Novosti reports.

Gazprom To Urge EU, Russia Share Ukraine Gas Bill

Πεμ, 11 Ιουνίου 2009 - 19:43

OAO Gazprom (GAZP.RS) hopes to see the creation of a joint consortium between the European Union and Russia to help finance European gas supplies flowing through Ukraine, according to La Tribune Thursday, citing an interview with Alexei Miller, chief executive of Russia's state-controlled natural gas monopoly.

Turkey's Tekfen Secures $225M Project In The UAE

Πεμ, 11 Ιουνίου 2009 - 19:42

Turkish construction company Tekfen Insaat, a unit of construction to agri-industry conglomerate Tekfen Holding (TKFEN.IS), said Thursday it will undertake a $225 million project in the United Arab Emirates, the Ihlas News Agency, or IHA, reported.

IEA Revises Up World Oil Demand 1st Time In 10 Mos

Πεμ, 11 Ιουνίου 2009 - 19:39

The International Energy Agency Thursday slightly revised up its 2009 world crude demand forecast for the first time in 10 months in response to gentle signs emerging that an uptick in economic activity is breathing some life back into oil consumption.