English Edition

195 Turkmenistan Gas Wells Closed On Pipeline Blast

Παρ, 29 Μαΐου 2009 - 19:00

Turkmenistan has been forced to halt gas production at 195 wells following an accident along a stretch of pipeline leading to Russia, RIA-Novosti news agency reports Friday, citing a Turkmen expert.

Enel Sells Gas Grid, Sets EUR8B Rights Issue Details

Παρ, 29 Μαΐου 2009 - 18:59

Enel SpA (ENEL.MI) said Friday it agreed to sell a majority stake in the Italian natural gas distribution network, a day after detailing its almost EUR8 billion capital increase, as part of the measures aimed at managing its towering debt pile.

EU's Barroso To Raise Russia-Ukraine Gas Row At Summit

Παρ, 29 Μαΐου 2009 - 18:57

European Commission chief Jose Manuel Barroso vowed Friday to raise Russia's gas price conflict with Ukraine with European Union leaders at a summit next month to try to avert a new energy crisis.

Weatherford To Buy BP-TNK Oilfield Unit For $490M In Stock

Παρ, 29 Μαΐου 2009 - 18:56

Weatherford International Ltd. (WFT) has agreed to acquire the oilfield unit of BP PLC's Russian joint venture in a stock deal valued at $490 million.

Italy PM To Seek EU Aid To Help Ukraine Pay For Russian

Πεμ, 28 Μαΐου 2009 - 18:48

Italian Prime Minister Silvio Berlusconi will seek help for Ukraine to pay for Russian natural gas at the next European Union summit to prevent supplies to the E.U. being disrupted again, he said Thursday.

Rosneft Receives First $800M Tranche Of $15B Chinese Loan

Πεμ, 28 Μαΐου 2009 - 18:47

Russia's number one oil producer OAO Rosneft (ROSN.RS) Thursday said it has received the first $800 million tranche of a $15 billion loan the company was awarded by China Development Bank in February.

Romania PM Backs Nabucco, May Also Join South Stream

Πεμ, 28 Μαΐου 2009 - 17:33

Romania supports the Nabucco gas pipeline project, but doesn't rule out participation in other European projects, such as South Stream, Prime Minister Emil Boc said Thursday, Mediafax news agency reports.

Major Gas Pipeline Explodes In Russia; Fire Out

Πεμ, 28 Μαΐου 2009 - 17:32

A major natural gas pipeline in central Russia exploded Thursday, the Emergencies Ministry said, the latest incident to expose the country's creaky energy infrastructure.

TPAO, Genel Enerji Sign Natural Gas Exploration Deal

Πεμ, 28 Μαΐου 2009 - 17:31

State-run Turkish Petroleum Corp. and Turkey-based oil explorer Genel Enerji have signed a deal with the Colombian government to explore for natural gas, the Ihlas News Agency, or IHA, reported Thursday.

Minister: Iran To Increase Oil Production

Πεμ, 28 Μαΐου 2009 - 17:29

Iran is taking measures, including an increase in its petroleum production, to counter recent U.S. threats to penalize companies supplying Iran with petroleum, Iran's government-controlled Press TV reports on its Web site Thursday.

Total Looks To End 1Q 2010 For Final Shtokman Decision

Τετ, 27 Μαΐου 2009 - 17:39

French oil major Total SA (TOT) still hopes to make a final investment decision on taking part in developing Russia's giant Shtokman offshore gas field by the end of the first quarter 2010, a company executive said Wednesday.

Areva In Safety Systems Cooperation With Russia's Rosatom

Τετ, 27 Μαΐου 2009 - 17:38

French nuclear engineering group Areva SA (CEI.FR) said Wednesday it plans to cooperate with Russian nuclear group Rosatom on safety instrumentation and control systems for the first four VVER-type reactors to be built in Russia.

Shell: Completed Final Gas Well On Sakhalin-2 LNG Project

Τετ, 27 Μαΐου 2009 - 17:34

Royal Dutch Shell PLC (RDSB.LN) said Wednesday it has completed the final well required to bring the Sakhalin-2 liquefied natural gas project in Russia up to full capacity.