English Edition

GDF Suez Buys 20% Stake In E&P Pact In Azerbaijan

Τρι, 30 Ιουνίου 2009 - 19:09

French utility GDF Suez (GSZ.FR)Tuesday said it has acquired a 20% stake in the Exploration, Development and Production Sharing Agreement for the Absheron offshore block in the Azerbaijani sector of the Caspian Sea.

Russia Clinches Gas Contract With Azerbaijan

Δευ, 29 Ιουνίου 2009 - 19:20

Russian gas giant OAO Gazprom (GAZP.RS) clinched a deal Monday to buy natural gas from ex-Soviet Azerbaijan, as Moscow seeks to extend its grip on potential European energy supplies in the resource-rich Caspian Sea.

Iran Nominates Ghanimifard For Gas Group Secy Genl

Δευ, 29 Ιουνίου 2009 - 19:18

Iran has nominated National Iranian Oil Co. executive Hojatollah Ghanimifard as candidate for the role to head the Gas Exporting Countries Forum, or GECF, officials said Monday.

Georgia Condemns Dangerous Russian War Games

Δευ, 29 Ιουνίου 2009 - 19:17

Georgia Monday condemned large-scale Russian military exercises near its borders as "dangerous" and accused Moscow of stoking tensions.

SPP: Diversification Contracts With E.ON Ruhrgas And GDF SUEZ

Δευ, 29 Ιουνίου 2009 - 19:15

Slovakian monopoly natural gas importer and pipeline operator Slovensky Plynarensky Priemysel AS, or SPP, said Monday that it has signed with E.ON Ruhrgas (EOAN.XE) a 10-year contract on natural gas supplies to Slovakia.

Areva Gears Up For Asset Sales; Focus On Nuclear Devt

Δευ, 29 Ιουνίου 2009 - 19:14

The French government has endorsed Areva SA's (CEI.FR) model of providing utilities with a full cycle of nuclear services, but it has made clear that its ambitions for the overstretched nuclear champion mean Areva may have to sell other assets and raise extra funds by bringing in an industrial partner.

IEA Makes Big Cut To Medium Term World Oil Demand

Δευ, 29 Ιουνίου 2009 - 19:12

The International Energy Agency Monday made a large, 3.7% downward revision to its medium-term forecast for total world oil demand compared with its previous estimate, suggesting the impact of recession and energy-efficiency efforts may help keep future crude price spikes in check.

Poland Signs LNG Supply Deal With Qatargas

Δευ, 29 Ιουνίου 2009 - 19:11

Polish gas monopoly PGNiG (PGN.WA) and QatarGas have signed a long-term liquefied natural gas, or LNG, supply deal, a key requirement for Poland to diversify its gas supply, the country's Treasury Ministry said Monday,

Russia, Angola Vow To Pursue OPEC Cooperation

Δευ, 29 Ιουνίου 2009 - 19:09

Russia has vowed to pursue cooperation with the Organization of Petroleum Exporting Countries, through the group's current presidency holder Angola, state media said late Friday.

Hellenic Petroleum Acquires BP’s Gas Stations in Greece

Παρ, 26 Ιουνίου 2009 - 21:35

Hellenic Petroleum agreed today to acquire BP’s Ground Fuels business activities in Greece. The deal excludes lubricants, aviation fuels and the solar business. The agreement, which is subject to the approval of the relevant authorities, includes BP’s nationwide network of 1,200 branded service stations and storage facilities of 170,000m3 as well as the commercial and industrial supply business

Gazprom Neft, Moscow Govt Agree On Tsibelman To Head Sibir

Παρ, 26 Ιουνίου 2009 - 20:48

Russian oil major OAO Gazprom Neft (SIBN.RS) said Friday it has agreed with the Moscow city government to make Igor Tsibelman chief executive of Sibir Energy PLC (SBE.LN), the troubled oil company in which they both own large stakes. A Gazprom Neft insider, Igor Tsibelman was first appointed chief executive last week, but the decision was reversed at the request of other shareholders.