English Edition

Putin: Russia Will Limit Gas To Nations That Hinder Transit

Πεμ, 4 Δεκεμβρίου 2008 - 12:20

Russian Prime Minister Vladimir Putin Thursday said Moscow would limit supplies of natural gas to nations that impede transit, but doesn't see problems in deliveries to Europe.

Cyprus Says Oil Row With Turkey Could Derail Peace Talks

Πεμ, 4 Δεκεμβρίου 2008 - 12:19

U.N.-led talks to reunify the Mediterranean island of Cyprus could be derailed by Turkey's obstruction of vessels searching for oil offshore, Cypriot President Demetris Christofias said in a letter made public on Wednesday.

Gazprom Plans Total 2009 Investment Of RUB920 Bln

Πεμ, 4 Δεκεμβρίου 2008 - 12:17

Russian gas monopoly OAO Gazprom (GAZP.RS) plans to invest a total of 920 billion rubles ($32.95 billion) in 2009, part of which may be provided by the state, Chief Executive Alexei Miller told reporters Wednesday.

Egypt Wants Gazprom To Join Natural Gas Projects

Πεμ, 4 Δεκεμβρίου 2008 - 12:16

Egyptian Natural Gas Holding Co. wants Russia's natural gas monopoly OAO Gazprom (GAZP.RS) to take part in projects to explore and develop natural gas deposits and produce liquefied natural gas in Egypt, Gazprom said Wednesday, Prime-Tass news agency reported.

Turkey Nuclear Plant Decision Due Dec 19/Dec 20

Τετ, 3 Δεκεμβρίου 2008 - 12:17

Turkish Energy Minister Hilmi Guler said Wednesday the country's Atomic Authority, or TAEK, will announce its decision on the tender to build the first-ever nuclear power station in the country Dec. 19 or Dec. 20, Ihlas News Agency reported.

ONGC Videsh Likely To Sign Iraq Oil Block Deal Soon

Τετ, 3 Δεκεμβρίου 2008 - 12:15

ONGC Videsh, the overseas unit of Oil & Natural Gas Corp. (500312.BY), is likely to sign an agreement for an oil block awarded to it by the former regime of Saddam Hussein in Iraq in the next two months, the Business Standard reported Wednesday, citing unnamed sources.

Eni:Force Majeure On 15,000-18,000B/D Nigeria Output

Τετ, 3 Δεκεμβρίου 2008 - 12:12

Italian oil major Eni SpA (E) has declared force majeure on 15,000 to 18,000 barrels a day of its share of Nigeria crude output, a spokesman for the company told Dow Jones Newswires Wednesday.

Norwegian Energy Co: Nov Oil, Gas Production At 15,200 BOE/D

Τετ, 3 Δεκεμβρίου 2008 - 12:11

Norwegian Energy Company ("Noreco") said Wednesday that Noreco's oil, gas and NGL production in Nov. 2008 was 15,200 barrels of oil equivalents per day.

StatoilHydro: Delineation Of Oil, Gas Find In North Sea

Τετ, 3 Δεκεμβρίου 2008 - 12:09

The Norwegian Petroleum Directorate said Wednesday that StatoilHydro, operator of production licences 120 and 120 B, has concluded the drilling of appraisal well 34/8-14 A on the 34/8-14 S ("Pan/Pandora") discovery, due south of the Visund field in the North Sea.

EDF's Flamanville Plant To Cost EUR4B Vs EUR3.3B

Τετ, 3 Δεκεμβρίου 2008 - 12:07

French state-controlled utility company Electricite de France SA (1024251.FR) will announce Thursday that the cost of the Flamanville nuclear plant it is building will increase to EUR4 billion from EUR3.3 billion, French daily Les Echos reports Wednesday, without citing its sources.

Qatar Oil Min: OPEC Will Cut Oil Output At Algeria Meet

Τετ, 3 Δεκεμβρίου 2008 - 12:06

Qatar's energy minister Abdulla Bin Hamad Al Attiyah said Wednesday that the Organization of Petroleum Exporting Countries will cut production at the group's next meeting this month in Algeria to help revive declining prices.

Transneft: BP Stand On CPC Expansion Is Blackmail

Τρι, 2 Δεκεμβρίου 2008 - 18:25

Russian oil pipeline monopoly Transneft (TRNFP.RS) said Monday the conditions demanded by U.K. energy giant BP PLC (BP) in exchange for its approval of the expansion of the Caspian Pipeline Consortium pipeline amount to "blackmail," the Prime-Tass news agency reports.

Zhaikmunai's 3Q Revenues From Oil Sales Up 41% On Year

Τρι, 2 Δεκεμβρίου 2008 - 18:22

Zhaikmunai LP (ZKM.LN), an oil and gas company based in northwestern Kazakhstan, said Tuesday its revenues from oil sales rose 41% on the year to $44.9 million in the third quarter of this year, compared with same period in 2007.