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Russia To Delay West Gas Pipeline Project To China

Τετ, 8 Οκτωβρίου 2008 - 14:27

Russia will delay construction of a proposed gas pipeline project linking the country with China due to competition from other gas sources in the Chinese market, the official Xinhua news agency reported on Tuesday, citing Russian media.

BP To Add Tengiz Crude To BTC Oil Pipeline In 2nd Half Of Oct

Τετ, 8 Οκτωβρίου 2008 - 14:25

A small volume of crude oil from the Tengiz field in Kazakhstan will be added to the Baku-Tbilisi-Ceyhan pipeline from the second half of October, arriving in the Turkish port of Ceyhan in mid-November, a spokesman for pipeline operator BP PLC (BP) said Wednesday.

Regal Is In Talks With Potential Strategic Partners

Τετ, 8 Οκτωβρίου 2008 - 14:24

London-listed Regal Petroleum (RPT.LN) is in talks with potential strategic partners to develop its gas assets in Ukraine, Chief Executive David Greer told Dow Jones Newswires Tuesday.

Sarkozy, Medvedev Meet Ahead Of Georgia Troop Deadline

Τετ, 8 Οκτωβρίου 2008 - 14:22

Russian President Dmitry Medvedev was to hold talks Wednesday with his French counterpart Nicolas Sarkozy, who brokered the ceasefire in Moscow's war with Georgia, two days before a deadline for the pullback of his troops.

Iran Could Spark Mideast Nuclear Arms Race

Τετ, 8 Οκτωβρίου 2008 - 14:20

U.K. Foreign Secretary David Miliband warned Tuesday of a nuclear arms race in the Middle East if Iran was allowed to press ahead unchecked with a uranium enrichment program.

Russian Oil Companies Ask Government For Loans

Τετ, 8 Οκτωβρίου 2008 - 14:19

Four of Russia's biggest energy companies, including OAO Gazprom (GAZP.RS) and OAO Lukoil (LKOH.RS), have sent a joint letter to the government asking for the possibility to obtain additional credit, a Lukoil spokesman said Tuesday.

EU Allows French Govt To Spend EUR68M On Hydrogen Energy Plan

Τετ, 8 Οκτωβρίου 2008 - 14:17

The European Commission Wednesday cleared the French government to spend EUR68 million to fund a hydrogen energy program.

BP Economist:Skeptical Emerging Econs Immune To OECD Slowdown

Τετ, 8 Οκτωβρίου 2008 - 14:16

BP Plc's (BP) Chief Economist Christof Ruehl said he was "skeptical" emerging market economies will be immune to the financial slowdown in Organization for Economic Cooperation and Development countries, at a conference in London Wednesday.

CO2 Accord was Verbal

Τρι, 7 Οκτωβρίου 2008 - 14:24

A Polish diplomat yesterday refuted reports that the Greek and Polish environment ministers had co-signed an accord involving other European Union states aimed at stalling the EU’s plans for curbing global warming but confirmed that a verbal agreement had been reached.

Energy Pair-Up is in the Cards

Τρι, 7 Οκτωβρίου 2008 - 14:22

Two of the country’s biggest energy groups, Motor Oil (MO) and Mytilineos, said yesterday they are in talks about cooperating in electricity production. MO said in a stock filing that Endesa Hellas, a subsidiary of the Mytilineos Group and Spain’s Endesa, is mulling its entry into Korinthos Power, an MO subsidiary that has a permit for a combined-cycle production unit of 400 megawatts.

Kazakhmys To Explore Joint Venture With Kazakh Govt On Elec

Τρι, 7 Οκτωβρίου 2008 - 12:21

U.K.-listed miner Kazakhmys PLC (KAZ.LN) Tuesday said it has signed a memorandum of understanding with the Kazakh government's Samruk-Energy JSC to explore a partnership that would give Kazakhmys access to additional coal resources to run its power stations.

Kazmunaigas, Gazprom Neft End MMG Stake Talks

Τρι, 7 Οκτωβρίου 2008 - 12:19

Kazakhstan's state oil and gas company Kazmunaigas, or KMG, and Russia's OAO Gazprom Neft (SIBN.RS) have ended talks over the holdings of Kazakh oil producer AO MangistauMunaigas, or MMG, the Interfax news agency reported Tuesday, citing a person familiar with the situation.

Kazakh KazMunaiGas: Interested In BP's Stake In CPC

Τρι, 7 Οκτωβρίου 2008 - 12:18

Kazakh state oil and gas company KazMunaiGas is interested in buying BP PLC's (BP) 6.6% stake in the Caspian Pipeline Consortium, or CPC, its chief executive said Tuesday.