Kazmunaigas E&P 1H Crude Oil Output Down 3.8% On Year Τρι, 28 Ιουλίου 2009 - 17:48 London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production, or KMG EP, said Tuesday its first half-year oil production dropped 3.8% on the year to 5.67 million metric tons, or, 230,700 barrels per day.
EIB is prepared to help finance Nabucco pipeline Τρι, 28 Ιουλίου 2009 - 11:31 The European Investment Bank (EIB)is ready to help finance the 7.9 billion euro Nabucco pipeline and to look closely at the concept of creating a single gas purchaser to ensure the project is viable, the EIB says.
Russian Oil Group Visits Venezuelan Oil Fields Δευ, 27 Ιουλίου 2009 - 19:24 Company officials from a Russian oil consortium were to visit Venezuela's eastern oil-producing region Monday, an area where it plans to explore for extra-heavy crude.
Gazprom Neft May Buy 50% Stake In Tomskneft From Rosneft Δευ, 27 Ιουλίου 2009 - 19:22 Russian oil major OAO Gazprom Neft (SIBN.RS) may become the sole owner of Tomskneft, if it exercises an option to buy a 50% stake in the oil producer from its larger peer OAO Rosneft (ROSN.RS) in 2011, a Gazprom Neft spokeswoman said Monday.
Turkmenistan Seeks Intl Arbitration In Azerbaijan Energy Dispute Δευ, 27 Ιουλίου 2009 - 19:20 Turkmenistan is to pursue Azerbaijan in the international courts over three disputed oil and gas deposits in the Caspian Sea, Turkmen President Gurbanguly Berdymukhamedov said Friday, according to state television.
Algeria Opens 2nd Bid Round For Oil, Gas Exploration Δευ, 27 Ιουλίου 2009 - 19:19 Algeria will launch Monday its second round of tenders for oil and gas exploration and production in 12 southern fields, the country's energy agency said.
Iraq To Hold Roadshow Aug 25 On 2nd Round Oil, Gas Deals Δευ, 27 Ιουλίου 2009 - 19:17 Iraq's Oil Ministry will hold a roadshow in Istanbul next month to brief international companies on a list of oil and gas fields to be offered later this year in a second licensing round for long-term development contracts, a statement posted on the ministry's Web site Sunday said.
Iran Insists It Has No Plans To Build Nuclear Weapons Δευ, 27 Ιουλίου 2009 - 19:16 Iran reiterated Monday it has no plans to build nuclear weapons, after U.S. Secretary of State Hillary Clinton warned Tehran that any pursuit of atomic arms was futile.
Brazil Vale, Italy's Eni Discover Gas In Offshore Block Δευ, 27 Ιουλίου 2009 - 19:13 The Brazilian unit of Italy's Eni SpA (E) and mining company Vale (VALE) reported late Friday a natural gas discovery at an offshore block in the Santos Basin.
Russian Min Says May Ease Foreign Access To Resources Παρ, 24 Ιουλίου 2009 - 18:58 Russia may review legislation restricting foreign access to its natural resources, as economic conditions have changed since the current laws were approved, the Interfax news agency reported Friday citing Natural Resources and Ecology Minister Yury Trutnev.
Gazprom Sees 2010 Capex At RUB645 Bln Παρ, 24 Ιουλίου 2009 - 18:57 Russian gas firm OAO Gazprom (GAZP.RS) plans capital spending in 2010 of 645 billion rubles ($24.9 billion), the Interfax news agency reported Friday, citing the company's Deputy Chief Executive Alexander Ananenkov.
Edison 1H Net Profit +20% To EUR122M After 08 Charges Παρ, 24 Ιουλίου 2009 - 18:54 Italian energy company Edison SpA (EDN.MI) said Friday its first-half net profit rose 20% on year after 2008 earnings were hit by special tax charges.
Iraqi Prime Minister Says Investments Will Be More Secure Παρ, 24 Ιουλίου 2009 - 18:51 Iraqi Prime Minister Nouri Al-Maliki told potential U.S. investors Friday that his country's strengthened security and regulations have made it a safer place in which to do business.
EU Trying To Prevent New Russia-Ukraine Row Over Gas Παρ, 24 Ιουλίου 2009 - 18:50 The European Union is trying to head off another damaging gas row between Russia and Ukraine amid fears that crucial supplies to Europe could again be cut off this winter.
Edison Says At Least 3 Eyeing Abu Qir Stake; More Seen Παρ, 24 Ιουλίου 2009 - 18:49 Italian energy company Edison SpA (EDN.MI) has received interest from at least three parties for a stake in the Egyptian natural gas field Abu Qir field, Chief Executive Umberto Quadrino said Friday.
No worries over Bulgaria pipeline talk Παρ, 24 Ιουλίου 2009 - 16:39 Athens is actively following, but not particularly worried about, the statements coming from candidate members of the government in Bulgaria regarding the possible cancellation of the Burgas-Alexandroupolis oil pipeline project.