English Edition

Iran, Russia Sign Agreement On Gas Deliveries

Δευ, 16 Μαρτίου 2009 - 16:57

Iran and Russia have signed an agreement allowing OAO Gazprom (GAZP.RS) to deliver gas to northern Iran in return for facilitating the delivery of Iranian gas from the south of the country to Persian Gulf countries, the Fars News Agency reports.

Iran To Double Gas Production By 2025

Δευ, 16 Μαρτίου 2009 - 16:55

Iran's oil minister Ghozam Hossein Nozari said Monday the country planned to double its gas production to 400 billion cubic meters a year by 2025.

Saudi Oil Min: Warns Of Premature Shift From Oil Dependence

Δευ, 16 Μαρτίου 2009 - 16:54

Saudi Arabia's Oil Minister Ali Naimi warned Monday that a "premature shift" from dependence on fossil fuels could add to market speculation and higher energy prices.

Finland Needs At Most One More Nuclear Reactor By 2020

Δευ, 16 Μαρτίου 2009 - 16:52

Finland, which is currently building its fifth nuclear reactor, needs at most to build one more reactor in the next decade, Finland's economy minister told a Finnish newspaper Monday.

Azerbaijan Energy Min: Sees 65 Mln Tons Oil Output In 2010

Δευ, 16 Μαρτίου 2009 - 16:50

Azerbaijan energy minister Natik Aliev Sunday said he expects his country to have 65 million tons of oil output in 2010.

Edison Ready To Offer ITGI Gas To Bulgaria

Δευ, 16 Μαρτίου 2009 - 16:48

Edison SpA (EDN.MI) is ready to send some Caspian natural gas to Bulgaria through the Italy-Turkey-Greece Interconnector, or ITGI, helping reduce Eastern Europe's dependence on Russian energy, Chief Executive Umberto Quadrino said Friday.

G20: Turkey Fin Min: Real Risk Of Global Depression

Δευ, 16 Μαρτίου 2009 - 16:46

Turkey's finance minister said Friday the country needs a strong program of support from the International Monetary Fund to handle the global economic downturn, which he said could turn into a worldwide depression.

Kogas Seeks To Join Sakhalin-Vladivostok Pipeline Proj

Δευ, 16 Μαρτίου 2009 - 16:45

Korea Gas Corp. (036460.SE) is seeking to participate in a project to build a 2,000-kilometer natural gas pipeline connecting Sakhalin and Vladivostok, an official at Kogas said Monday.

Climate change at heart of water conference in Istanbul

Δευ, 16 Μαρτίου 2009 - 12:36

Climate change, the global economic meltdown and the role of big water companies are on the agenda for thousands of delegates at a conference starting today and running to March 22 in Turkey, focused on the world’s water resources.

OIL DATA: IEA Cuts Demand, But Supply Risks Rise

Παρ, 13 Μαρτίου 2009 - 16:46

LONDON (Dow Jones)--The International Energy Agency trimmed 270,000 barrels a day from its 2009 world oil consumption forecast Friday but warned that tightening oil supply dynamics could result in a swift drop in industrialized countries' oil stockpiles.

Kazakh, Indian Oil Cos To Sign Final Docs On Oil Block - Min

Παρ, 13 Μαρτίου 2009 - 16:42

ALMATY, Kazakhstan (Dow Jones)--Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said Friday that Kazakh state oil and gas company KazMunaiGas and India's ONGC Mittal Energy were to sign final agreements to start exploration of Satpayev oil block in the Caspian Sea