English Edition

Eni,Nippon,Repsol Submit New Bids For Iraq Oil Field

Πεμ, 23 Απριλίου 2009 - 15:04

Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO), and Spain's Repsol YPF SA (REP) submitted new technical and commercial offers for Iraq's Nassiriyah oil field in southern Iraq, a senior Iraqi oil official said Thursday.

Iraq Sets June 29-30 Deadline For Oil Field Bids

Πεμ, 23 Απριλίου 2009 - 15:03

The Iraqi Oil Ministry will ask international oil companies to submit bids for developing eight oil and gas fields at the end of June, a senior Iraqi oil official said Thursday.

E.ON Offers New Seasonal Storage Product For 2009-2010

Πεμ, 23 Απριλίου 2009 - 15:02

German utility company E.ON (EOAN.XE) said Thursday that E.ON Gas Storage is launching a new product in response to strong customer demand for the seasonal capacities offered at Bierwang and Breitbrunn early this year.

Iraqi Seeks Agreement With Kuwait About Shared Oil

Πεμ, 23 Απριλίου 2009 - 15:01

Iraq wants an agreement with Kuwait over shared oil fields, Kuwait-based Al Watan daily reports Thursday, citing an official in the Iraqi oil ministry.

Ukraine President To Review Gas Accords With Russia

Πεμ, 23 Απριλίου 2009 - 14:59

Agreements reached in January to end the gas dispute between Kiev and Moscow should be reviewed as they disadvantage Ukraine, the country's president, Viktor Yushchenko, said Wednesday.

Putin To Boycott Gas Summit This Week

Τετ, 22 Απριλίου 2009 - 19:40

Russian premier Vladimir Putin won't attend a gas conference in Sofia this week because of differences over the South Stream gas pipeline project, Bulgaria's government said Wednesday.

TNK-BP To Spend $88M On Environmental Protection In 09

Τετ, 22 Απριλίου 2009 - 19:37

BP PLC's (BP.LN) Russian joint venture TNK-BP Holding (TNBP.RS) plans to spend more than 3 billion rubles ($88 million) on environmental protection in Russia this year, Russian news agency RIA Novosti reports Wednesday, citing the company's vice president for health, safety and environment.

Ukraine Gas To Europe Halved YoY In 1Q 2009

Τετ, 22 Απριλίου 2009 - 19:35

The volume of gas moved through Ukraine to Europe in January to March fell just over 50% on the year to 17.6 billion cubic meters, the country's fuel and energy ministry said, reports the RIA Novosti news service Wednesday.

Gazprom Neft Buys Italian Lubricants Plant From Chevron

Τετ, 22 Απριλίου 2009 - 19:34

Gazprom Neft (SIBN.RS), the oil arm of Russian gas firm OAO Gazprom (GAZP.RS), has bought a lubricants plant in Italy from U.S. oil major Chevron Corp. (CVX), the company said Wednesday without mentioning the purchase price.

Pakistan To Hold Gas Pipeline Talks In Turkmenistan

Τετ, 22 Απριλίου 2009 - 19:33

The Pakistan prime minister's adviser on petroleum, Asim Hussain, will hold talks on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline at an energy conference in Turkmenistan this week, the Dawn newspaper reported Tuesday, citing sources in the petroleum ministry.

KazMunaiGaz Joins Kuwait Fin's Caspian Sea Energy Proj

Τετ, 22 Απριλίου 2009 - 19:29

Kazakhstan's national oil and gas company, KazMunaiGaz, plans to have a strategic presence in the Energy Center project on the Caspian Sea that was set up by Kuwait Finance House, Kuwait-based Al Rai daily reports Wednesday.

Iran Says Ready For Constructive Nuclear Dialogue

Τετ, 22 Απριλίου 2009 - 19:26

Iran is ready for "constructive dialogue" with world powers on its nuclear drive, local news agencies Wednesday quoted chief nuclear negotiator Said Jalili as saying.

WSJ: Vestas to Ramp Up Wind-Turbine Output in China

Τρι, 21 Απριλίου 2009 - 19:46

Eager to capture China's growing wind-energy market, Danish wind-turbine maker Vestas Wind Systems A/S (VWDRY) is ramping up production and has just opened a new facility in Inner Mongolia to build a turbine with bigger blades tailored for local conditions.

Iran OPEC Head: Higher OECD Stocks May Warrant OPEC Cut

Τρι, 21 Απριλίου 2009 - 19:40

Iran's OPEC governor said Tuesday the crude oil market is oversupplied and may warrant an output cut at the group's next meeting in May, adding that oil prices above $50 a barrel would be needed to encourage future investment in the energy sector.

India Govt OKs ONGC Investment In Kazak Oil Fields - Source

Τρι, 21 Απριλίου 2009 - 19:36

An India government panel Tuesday approved a plan by state-run Oil & Natural Gas Corp. Ltd. (500312.BY) to acquire a 25% stake in Satpayev oil block in Kazakhstan, a person familiar with the matter said.

China, Russia Ink Pact On Oil Supply, Pipeline, Loan – Xinhua

Τρι, 21 Απριλίου 2009 - 19:27

China and Russia Tuesday finalized an oil cooperation agreement including the construction of an oil pipeline, crude trading and a loan, the official Xinhua News Agency said. Chinese Vice Premier Wang Qishan and the visiting Russian deputy prime minister, Igor Sechin, signed the agreement in Beijing, the report added.