English Edition

Lukoil Head In Iraq To Discuss Reviving Oil Deal

Πεμ, 18 Ιουνίου 2009 - 17:50

The head of OAO Lukoil Holdings (LKOH.RS), Russia's second-largest oil firm, met Iraqi Prime Minister Nouri al-Maliki Wednesday and discussed reviving a multi-billion-dollar deal to develop one of Iraq's largest oil fields, an Iraqi government statement said.

Ahmadinejad Victory Seen Strengthening His Hand Over Economy

Πεμ, 18 Ιουνίου 2009 - 17:40

Despite street protests against his contested election victory, President Mahmoud Ahmadinejad is getting a boost from an unexpected corner: rebellious lawmakers who had stymied some of his controversial economic initiatives.

Iranian Official: Nuclear Work Will Always Continue

Πεμ, 18 Ιουνίου 2009 - 17:36

Iran will never abandon its nuclear work, Iran's ambassador to the International Atomic Energy Agency has said, according to state-run television PressTV.

EDF CEO Wants Moderate Regulated Tariffs Increase

Πεμ, 18 Ιουνίου 2009 - 17:31

French state-controlled power group Electricite de France SA (EDF.FR) will ask the government for a moderate increase in electrical regulated tariffs, Chief Executive Pierre Gadonneix said Wednesday in an interview with RMC radio.

Russia Has Paid Ukraine Total Gas Transit Fees For 2009

Τετ, 17 Ιουνίου 2009 - 12:53

Russia has already paid Ukraine in full for its 2009 gas transit fees, a payment that effectively amounts to a huge loan to the crisis-battered country, Prime Minister Vladimir Putin said Wednesday.

China, Russia Finalize Long-Term Power Supply Deal

Τετ, 17 Ιουνίου 2009 - 12:51

China's State Grid Corp. has finalized a long-term deal with Russia for a gradually increasing supply of electricity to a peak level of 60 billion kilowatt-hours from 2016, the China Daily reported Wednesday, citing unnamed State Grid officials.

Gazprom Weighs Delaying Key New Field

Τετ, 17 Ιουνίου 2009 - 12:49

Russia's OAO Gazprom says it will slash capital spending and might delay the launch of a key field in Siberia as the global recession decimates demand for its natural gas in Russia and Europe.

Gazprom Delays Gas Pipeline Project To China Over Costs

Τετ, 17 Ιουνίου 2009 - 12:48

OAO Gazprom (GAZP.RS), the world's biggest producer of natural gas, has delayed plans to build a gas pipeline to China due to disagreements over pricing, the company's Deputy Chief Executive Alexander Ananenkov said Wednesday.

Gazprom May Postpone Launch Of Kovykta Field Beyond 2017

Τετ, 17 Ιουνίου 2009 - 12:46

OAO Gazprom (GAZP.RS), the world's biggest producer of natural gas, may postpone the launch of the Kovykta gas field beyond 2017, the company's Deputy Chief Executive Alexander Ananenkov said Wednesday.

Turkey's Izdemir Plans $350M Invest In 350 MW Pwr Plant

Τετ, 17 Ιουνίου 2009 - 12:44

Turkey's energy producer Izdemir Enerji Elektrik Uretim A.S., a subsidiary of Turkish steel producer Izmir Demir Celik Sanayi AS (IZMDC.IS), said Tuesday it plans a $350 million investment to build a 350 megawatt power station in Turkey, the Ihlas News Agency, or IHA, reported.

Lukoil Agrees To Supply 3M Tons Of Oil To Sinopec In 2009-10

Τρι, 16 Ιουνίου 2009 - 19:05

Lukoil Holdings (LKOH.RS), Russia's biggest independent oil producer, has signed a deal with China Petroleum & Chemical Corp. (SNP), or Sinopec, to deliver 3 million metric tons of oil between July 2009 and June 2010, the company said Tuesday in a statement.

French Fin Min: France, Russia Call For End To Trade Obstacles

Τρι, 16 Ιουνίου 2009 - 19:04

France and Russia want the elimination of obstacles to trade, French Finance Minister Christine Lagarde said Tuesday.

Russia,Georgia Regions To Discuss Military Cooperation

Τρι, 16 Ιουνίου 2009 - 19:02

Russian President Dmitry Medvedev has issued instructions for military cooperation deals to be negotiated with the breakaway Georgian regions of Abkhazia and South Ossetia, the RIA Novosti news agency reports Tuesday, citing a statement on the Kremlin's Web site.