English Edition

EU Very Concerned About New Gas Crisis

Παρ, 6 Μαρτίου 2009 - 17:30

The European Union is "very concerned" about the risk of a new gas crisis after recent comments from Ukraine and Russian Premier Vladimir Putin, E.U. Commission chief Jose Manuel Barroso said Thursday.

Turkey's Tupras To Pay 2008 Div Of TRY1.9716/Shr

Παρ, 6 Μαρτίου 2009 - 17:27

Turkish oil refiner Turkiye Petrol Rafinerileri A.S. (TUPRS.IS), or Tupras, said Friday it will pay a net dividend of 1.9716 Turkish lira ($1.1031) for each TRY1 nominal share, the Ihlas News Agency, or IHA, reported.

Iran Finances Power Plants, Business Growth In Ecuador

Παρ, 6 Μαρτίου 2009 - 17:25

Iran will finance two power plants in Ecuador and extend a $40-million loan for business development, officials from both countries said Thursday, three months after the first visit by an Ecuadoran president to Tehran.

Russian Mar Oil Exports Via Ports Seen Up 8.1% On Yr

Παρ, 6 Μαρτίου 2009 - 17:22

Russian oil exports through ports are expected to increase 8.1% on the year to 10.824 million metric tons in March, according to the Energy Ministry's schedules for oil exports seen by Prime-Tass news agency Thursday.

Lukoil Proven Reserves 19.3 Bln BOE; Dn 5.1% On Year

Παρ, 6 Μαρτίου 2009 - 17:16

Russia's biggest independent oil producer, OAO Lukoil (LKOH.RS), Friday said its proved hydrocarbon reserves totaled 19.3 billion barrels of oil equivalent as of Jan. 1, down from 20.4 billion a year ago.

UK PM:Move To Low CO2 Econ Could Create 400,000 Jobs

Παρ, 6 Μαρτίου 2009 - 17:05

The U.K.'s transition to a low-carbon economy could create 400,000 new jobs in the U.K. over the next eight years and put the country at the heart of a booming $4 trillion global sector as countries move to cut carbon emissions, U.K. Prime Minister Gordon Brown said Friday.

KazMunaiGas revenues almost doubled in 2008

Παρ, 6 Μαρτίου 2009 - 16:39

The financial results of Kazakhstan’s JSC National Company “KazMunaiGas” for 2008 were announced on February 24, 2009. The company has achieved positive results despite the negative climate in the global oil markets. According to the data made available, the total volume of oil and gas condensate produced by KazMunaiGas surpassed 18 million tons - an 8.2% increase over 2007.

The CPC sharply increased its oil transit

Παρ, 6 Μαρτίου 2009 - 16:27

In February 2009, the Caspian Pipeline Consortium (CPC) considerably increased oil shipments by 21.4% in comparison with the corresponding accounting month of 2008, the CPC press service announced. The CPC transports crude oil from Tengiz - one of Kazakhstan's biggest oilfields - to the Russian port of Novorossiysk.

Putin:New Ukraine Gas Crisis If Debt Not Paid Sat

Πεμ, 5 Μαρτίου 2009 - 19:07

Russian Prime Minister Vladimir Putin warned Thursday that Moscow would again cut off gas supplies to Ukraine and possibly Europe if Kiev doesn't pay off its latest debts by the weekend.

Ukraine Says Pays Off Gas Debts To Russia

Πεμ, 5 Μαρτίου 2009 - 19:05

Ukraine's state-run gas company said Thursday it had paid all of its February gas bill to Moscow after Russia warned of once again cutting off supplies to the country.

Bulgaria Braces For Potential Halt In Gas Deliveries

Πεμ, 5 Μαρτίου 2009 - 19:04

Bulgaria, hard hit by a halt in Russian gas deliveries via Ukraine in January, said Wednesday it was preparing a new gas rationing plan for the industry and bracing for possible new cuts.

Turkish Dardanelles Strait Reopens To Shipping

Πεμ, 5 Μαρτίου 2009 - 19:02

Turkey's Dardanelles Strait has reopened to shipping, an official from the coastal safety agency said Thursday, according to the Ihlas News Agency, or IHA.

Iran Sets March 19 Deadline For Pakistan To Fix Gas Price

Πεμ, 5 Μαρτίου 2009 - 18:58

Iran has set March 19 as a deadline to settle the gas pricing formula with Pakistan for a pipeline between the two countries, a government official in Islamabad said Thursday.

Srbijagas, Gazprom Talks On S Stream Pipe, JV Next Wk

Πεμ, 5 Μαρτίου 2009 - 18:54

Serbian state gas company Srbijagas and Russian gas giant OAO Gazprom (GAZP.RS) plan to start talks next week in Belgrade on beginning the construction of a 400-kilometer stretch of the South Stream pipeline through Serbia and setting up a joint venture for the construction, Srbijagas CEO Dusan Bajatovic said Thursday, Prime-Tass news agency reported.

Russia's Surgutneftegaz Only Bidder For Talakan Field

Πεμ, 5 Μαρτίου 2009 - 18:48

Russia's oil producer Surgutneftegaz (SNGS.RS) is the only bidder for the license to the East Talakan oil and gas field in Eastern Siberia, the Vedomosti daily reported Thursday.

BP Exec:Azeri-Chirag-Gunashli Oil Prod Close To Full Capacity

Τετ, 4 Μαρτίου 2009 - 18:32

Oil production at BP PLC's (BP) Azeri-Chirag-Gunashli field in Azerbaijan is close to full capacity of 850,000 barrels a day, the company's exploration and production chief Any Inglis said Tuesday.