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Azerbaijani, US Leaders Discuss Turkey-Armenia Ties

Azerbaijani, US Leaders Discuss Turkey-Armenia Ties

Τετ, 8 Απριλίου 2009 - 18:48

Azerbaijani leader Ilham Aliyev has spoken to U.S. President Barack Obama amid growing concern in Baku over efforts to reconcile close ally Turkey with arch-rival Armenia, Aliyev's office said Wednesday.

Frances Total Prepares To Start Drilling In Sudan

France's Total Prepares To Start Drilling In Sudan

Τετ, 8 Απριλίου 2009 - 18:46

French oil major Total S.A. (TOT) wants to start drilling in southern Sudan as it seeks to boost output from Africa's sixth-largest producer despite international pressure on the country's government.

Iraqs Kurdistan Can Export 100,000 B/D

Iraq's Kurdistan Can Export 100,000 B/D

Τετ, 8 Απριλίου 2009 - 18:45

The Kurdistan Regional Government can now export up to 100,000 barrels a day from oil fields in the region, the KRG's Natural Resources Minister Ashti Hawrami said in a statement posted in the government's Web site.

Polish Lotos:Technical Problems Hit Petrobaltic 1Q Oil Output

Polish Lotos:Technical Problems Hit Petrobaltic 1Q Oil Output

Τετ, 8 Απριλίου 2009 - 18:42

First quarter output at Petrobaltic, the oil extracting arm of Poland's second-largest oil refiner Grupa Lotos SA (LTS.WA), was hit by technical failure, Lotos Chief Executive Pawel Olechnowicz said Wednesday.

Russia Approves Budget For ExxonMobils Sakhalin Project

Russia Approves Budget For ExxonMobil's Sakhalin Project

Τετ, 8 Απριλίου 2009 - 17:52

Russia's Energy Ministry has approved the budget of the Exxon Mobil Corp. (XOM)-led Sakhalin-1 project, a consortium operating oil and gas fields on Russia's Pacific coast, the ministry said Friday.

Gazprom Mandates Credit Suisse For USD Bond Issuance:Source

Gazprom Mandates Credit Suisse For USD Bond Issuance:Source

Τετ, 8 Απριλίου 2009 - 17:50

Russian gas monopoly Gazprom OAO (OGZPY) has mandated Credit Suisse Group(CS) as the "sole lead manager" for a forthcoming dollar-denominated bond issuance, according to a fund manager term sheet obtained Wednesday.

Naftogaz: Signed Technical Gas Agreement With Gazprom

Naftogaz: Signed Technical Gas Agreement With Gazprom

Τρι, 7 Απριλίου 2009 - 14:40

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) and Ukraine's national gas company Naftogaz signed late Monday a technical agreement on gas delivery and transit, Naftogaz said Tuesday.

Eni, Gazprom Sign New Energy Deals To Develop Italy

Eni, Gazprom Sign New Energy Deals To Develop Italy

Τρι, 7 Απριλίου 2009 - 14:38

Eni SpA (E) said it signed energy deals Tuesday that are a "step forward in strategic energy cooperation between Italy and Russia," including a plan for Gazprom (GAZP.RS) to buy a stake in Gazprom Neft from Eni that was announced earlier Tuesday.

Ukraine Economy To Shrink 9% In 2009 - World Bank

Ukraine Economy To Shrink 9% In 2009 - World Bank

Τρι, 7 Απριλίου 2009 - 14:34

Ukraine's economy will shrink 9% in 2009 amid the global economic crisis, the World Bank said Tuesday, and warned government mishandling of the situation could make things worse.

Germany Prefers Nuclear Power Plant Lifespan Extension

Germany Prefers Nuclear Power Plant Lifespan Extension

Τρι, 7 Απριλίου 2009 - 14:18

The building of new nuclear power plants isn't an option for Germany which, instead, has opted for lifespan extension, German Economy Minister Karl-Theodor zu Guttenberg said in an interview with Handelsblatt Tuesday.

Enel CEO:To Sign Gazprom Deal On Russia Gas Assets By End

Enel CEO:To Sign Gazprom Deal On Russia Gas Assets By End

Τρι, 7 Απριλίου 2009 - 14:13

Chief Executive Fulvio Conti of Enel SpA (ENEL.MI) said Tuesday it will sign a deal with OAO Gazprom (GAZP.RS) by the end of April in which the Russian company will buy a controlling stake in a company that holds natural gas assets of former Yukos.

The Sarajevo Regional Energy Forum

The Sarajevo Regional Energy Forum

Δευ, 6 Απριλίου 2009 - 18:22

Two new financing programs were announced by EBRD President Thomas Mirow at the two-day Regional Energy Forum, held last week, March 30-31 2009, in Sarajevo. The conference was jointly organized by the Energy Community and the European Bank for Reconstruction and Development (EBRD), focusing on electricity generation and green energy investments.