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Eni,Nippon Oil,Repsol Compete For Iraq Oil Contract

Πεμ, 22 Ιανουαρίου 2009 - 12:42

International oil companies Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO) and Spain's Repsol YPF SA (REP) are competing for a contract to develop the Nassiriya oil field in southern Iraq, one of the world's vast oil fields, an authorized oil ministry spokesman said Thursday.

Gazprom Plans Two Large Gas Storage Sites In Germany

Πεμ, 22 Ιανουαρίου 2009 - 12:40

Russian gas company OAO Gazprom (GAZP.RS) plans to build two huge underground gas storage facilities in northeastern Germany, the DDP news agency reports Wednesday.

President Parvanov to Visit Asia

Τετ, 21 Ιανουαρίου 2009 - 18:35

According to the schedule provided by President Parvanov`s press service, he is leaving for Azerbaijan Wednesday, where on Thursday he is going to have meetings with top Azerbaijani officials over energy, economic, and trade cooperation. In March 2008, Bulgaria's President had a three-day visit to Azerbaijan.

First Quantities of Gas from Ukraine Arrive in Bulgaria

Τετ, 21 Ιανουαρίου 2009 - 18:32

Russian gas started running through Bulgaria's gas transit system, Economy and Energy Ministry announced. Bulgaria has demanded at least 8.6 mln cubic meters of gas per day. Currently, much larger quantities are being delivered. The received gas from Ukraine is only for Bulgaria's needs.

Gazprom Gets License To Develop Field In Algeria

Τετ, 21 Ιανουαρίου 2009 - 12:34

Russian gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it had received exploration and development rights to the El Assel field in Algeria.

Obama: Many Challenges Of Crisis Facing US `Will Be Met'

Τετ, 21 Ιανουαρίου 2009 - 12:33

With a call to unite to confront the greatest challenges facing the country in generations, Barack Obama was sworn in as the 44th president of the United States, the final step in a historic run from relative national obscurity fours years ago to become the first African-American to occupy the White House.

Ukraine Pres: Negotiated Gas Price Failure For Ukraine

Τετ, 21 Ιανουαρίου 2009 - 12:31

Ukrainian President Viktor Yushchenko said Tuesday he believed the natural gas price that was recently negotiated by Prime Minister Yulia Timoshenko was a "failure" for Ukraine, news agency Prime-Tass reported Tuesday.

Russian Gas Finally Reaches Europe

Τετ, 21 Ιανουαρίου 2009 - 12:28

Russian gas reached the European Union on Tuesday for the first time in almost two weeks, marking the end to a dispute that left most of Eastern Europe without supplies during a bitterly cold spell.

Battered Ukraine Suffers Major Losses From Gas War

Τετ, 21 Ιανουαρίου 2009 - 12:26

Its image in Europe battered and its economy threatened by higher gas prices, Ukraine has suffered major losses from its gas war with Russia, analysts said.

Austria To Expand Gas Storage Capacity After Supply Row

Τετ, 21 Ιανουαρίου 2009 - 12:22

Austria plans to build further gas storage capacity to cushion it against potential future gas disputes between Ukraine and Russia, Austrian financial daily Wirtschaftsblatt reports Wednesday, citing the country's minister of economy, Reinhold Mitterlehner.

Russian Pres Medvedev To Visit Uzbekistan

Τετ, 21 Ιανουαρίου 2009 - 12:21

Russian President Dmitry Medvedev will visit the central Asian nation of Uzbekistan this week to meet with Uzbek President Islam Karimov, the Kremlin said Tuesday.

Bulgaria Receives First Gas Quantities from Greece

Τρι, 20 Ιανουαρίου 2009 - 14:23

On Monday afternoon Bulgaria started getting natural gas from Greece, the Ministry of Economy and Energy said. Under the agreements reached Greece will supply to Bulgaria 2.5 million cubic meters of natural gas daily in the course of seven days with an option of either extending or shortening this period, depending on current needs.

Russian Gas For Europe Flowing Into Ukraine

Τρι, 20 Ιανουαρίου 2009 - 12:26

Russian gas is flowing into Ukrainian pipelines and will head toward Europe in a few hours, a spokeswoman for Ukrainian pipeline operator Ukrtransgaz told AFP Tuesday.