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Victoria Oil & Gas: Kazakhstan Supreme Court Refuses Appeal

Τρι, 10 Φεβρουαρίου 2009 - 17:22

LONDON (Dow Jones)--Oil and gas company Victoria Oil & Gas PLC (VOG.LN) Tuesday said the Kazakhstan courts have refused to hear its appeal against a claim brought against its Kazakh unit over its Kemerkol license

Total:Pact With Libya's NOC To Renew EPSAs At Blocks C17,C137

Τρι, 10 Φεβρουαρίου 2009 - 17:21

French oil major Total SA (TOT) announced Tuesday the signature of a Memorandum Of Understanding, or MOU, with Libya's National Oil Corporation, or NOC, converting the existing Petroleum Contracts covering the Blocks C17 and C137, operated by its subsidiary Mabruk Oil Operations, to EPSA IV format.

Lukoil Gets EUR1 Billion Loan From Gazprombank

Τρι, 10 Φεβρουαρίου 2009 - 17:20

MOSCOW (Dow Jones)--Russia's No. 2 oil producer OAO Lukoil Holdings (LKOH.RS) Tuesday said it had received a three-year loan for EUR1 billion from state-owned Gazprombank

No Kyrgyzstan Vote On US Base Before March - Spokesman

Τρι, 10 Φεβρουαρίου 2009 - 17:20

BISHKEK, Kyrgyzstan (AFP)--The Kyrgyz parliament won't vote before March on a government-approved plan to close a U.S. airbase on its soil that serves as a vital supply route to Afghanistan, a spokesman said Tuesday.

UAE's Ras Al Khaimah Seals Iran, Oman Gas Deal - Report

Τρι, 10 Φεβρουαρίου 2009 - 17:19

DUBAI (Zawya Dow Jones)--Gas has started flowing from the West Bukha offshore field, shared by Oman and Iran, and will be processed in the United Arab Emirates by the Ras Al Khaimah Gas Commission, or Rakgas, Abu Dhabi-based The National newspaper reports Tuesday

Ahmadinejad: Iran Ready For US Talks With «Respect»

Τρι, 10 Φεβρουαρίου 2009 - 17:18

TEHRAN (AFP)--Iranian President Mahmoud Ahmadinejad said Tuesday that Iran is prepared to talk to the U.S. in a climate of equality and mutual respect after three decades of severed ties

Russia's Novatek : 2008 Output 219 Mln BOE >NVTK.RS

Δευ, 9 Φεβρουαρίου 2009 - 17:12

Russia's biggest independent gas producer OAO Novatek (NVTK.RS) produced a total of 219 barrels of oil equivalent last year, while adding 504 million barrels of oil equivalent to its reserves, the company said Monday.

Gazprom May Suffer $25B Fall In Export Revenue In '09 -Report

Δευ, 9 Φεβρουαρίου 2009 - 17:10

Russia's state-controlled gas firm OAO Gazprom (GAZP.RS) may suffer a fall in export revenue of more than $25 billion in 2009 as both export volume and the price of natural gas are set to fall, Vedomosti reported Monday citing a company presentation to investors.

Iran Awaits « Concrete Offer » From US - Speaker Larijani

Δευ, 9 Φεβρουαρίου 2009 - 17:06

Iranian parliament speaker Ari Larijani, in an interview released Sunday, said Tehran is ready to talk with Washington "without pre-conditions" but is waiting for a "concrete" offer from the new U.S. administration. "The dispute over the nuclear issue is not an unsolvable problem if we stop being entrenched in our positions," Larijani told the daily Suddeutsche Zeitung.

Iraq Confirms Resuming Oil Sales To S Korea's SK Energy -SOMO

Δευ, 9 Φεβρουαρίου 2009 - 17:03

Iraq's State Oil Marketing Organization, or SOMO, confirmed Sunday South Korea refiner SK Energy (096770.SE) had started lifting Iraqi Basra Light crude oil since January this year after a year-long suspension. "We have been supplying SK Energy with 30,000 barrels a day in accordance with a contract we signed with the company," head of SOMO Falah Alamri told Dow Jones Newswires by telephone from Baghdad.

Russia Official «Positive» On US Call For New Start

Δευ, 9 Φεβρουαρίου 2009 - 16:57

Russia's deputy prime minister welcomed on Sunday signals from Washington that it wants a fresh start in relations with Moscow, a day after Vice President Joe Biden heralded a "new tone" in U.S. foreign policy. Speaking before one-to-one talks with Biden at a security conference in Munich, the highest level meeting since President Barack Obama took office on January 20, Sergei Ivanov said the latest signals were "very positive."

Iraq North Oil Exports Via Turkish Port Normal - SOMO Chief

Δευ, 9 Φεβρουαρίου 2009 - 16:53

A senior Iraqi oil official denied Sunday a report that exports of crude from its northern fields were disrupted. "Exports of Iraqi crude oil via Ceyhan haven't stopped and are not delayed," Falah Alamri, head of the State Oil Marketing Organization, or SOMO, said in a telephone interview from Baghdad.

Gazprom: South Stream May Cost EUR24 Billion - Report

Δευ, 9 Φεβρουαρίου 2009 - 16:21

The price for the OAO Gazprom (GAZP.RS)-led South Stream gas pipeline carrying Russian and central Asian gas beneath the Black Sea to Europe may be EUR24 billion, the Vedomosti daily said Monday, citing a Gazprom presentation shown to investors.