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Iran Appoints New Execs At National Gas, Petrochem Cos

Iran Appoints New Execs At National Gas, Petrochem Cos

Δευ, 22 Σεπτεμβρίου 2008 - 11:58

Iranian oil minister Gholam Hossein Nozari has appointed new managing directors at Iran's national gas and petrochemical companies, a spokesman from the National Iranian Gas Co. said Sunday.

Iraq,Shell To Sign $3B-$4B Gas Devt Deal Mon-Spokesman

Iraq,Shell To Sign $3B-$4B Gas Devt Deal Mon-Spokesman

Δευ, 22 Σεπτεμβρίου 2008 - 11:57

Iraq will sign Monday a preliminary gas deal with Royal Dutch Shell PLC (RDSB) worth $3 billion-$4 billion to jointly develop domestic gas infrastructure in the country's south, an Iraqi Oil Ministry spokesman told Dow Jones Newswires.

DJ Iraq Aug Oil Revenues Slip By 20.6% On Month

DJ Iraq Aug Oil Revenues Slip By 20.6% On Month

Δευ, 22 Σεπτεμβρίου 2008 - 11:55

Iraq's revenues from crude oil sales were $5.55 billion in August, 20.6% less than what Baghdad earned in the previous month because of a drop in world oil prices, an Iraqi Oil Ministry statement said Sunday.

Eni Sees Kashagan Output Start At 150,000 BOE/D In 4Q 12

Eni Sees Kashagan Output Start At 150,000 BOE/D In 4Q 12

Παρ, 19 Σεπτεμβρίου 2008 - 13:10

Eni SpA (E), the Italian energy company leading the consortium developing Kashagan, expects the start of output at the oil project in Kazakhstan to begin in the last quarter of 2012, according to a slide on its Web site Thursday.

Germanys Merkel To Go To Russia Oct 2 For Talks

Germany's Merkel To Go To Russia Oct 2 For Talks

Παρ, 19 Σεπτεμβρίου 2008 - 13:09

German Chancellor Angela Merkel will travel to Saint Petersburg on Oct. 2 for inter-governmental consultations between the German and Russian governments, her government said Thursday.

Total, Gazprom And YPFB In Bolivia Exploration Agreement

Total, Gazprom And YPFB In Bolivia Exploration Agreement

Παρ, 19 Σεπτεμβρίου 2008 - 13:05

French oil major Total SA (TOT) Friday said it has signed a cooperation agreement with Russian gas monopoly OAO Gazprom (GAZP.RS) and Yacimentos Petroliferos Fiscales Bolivianos, to explore the Azero block in a gas-rich province in the foothills of the Bolivian Andes.

Shell:Nigeria Oil Attacks To Hurt Earnings

Shell:Nigeria Oil Attacks To Hurt Earnings

Παρ, 19 Σεπτεμβρίου 2008 - 13:04

Royal Dutch Shell PLC (RDSB.LN) Friday warned that a series of oil facility attacks in Nigeria this week has substantially reduced its oil and natural gas production in the West African nation and will hurt earnings.

ExxonMobil: New LNG Terminal Transported to Italys Coast

ExxonMobil: New LNG Terminal Transported to Italy's Coast

Παρ, 19 Σεπτεμβρίου 2008 - 13:02

Exxon Mobil Corporation (NYSE:XOM) today announced that the world's first offshore liquefied natural gas or LNG terminal arrived at its final location off the Italian coast, where it will be capable of supplying about 10 percent of Italy's natural gas requirements. The Adriatic terminal is designed to store and regasify LNG to deliver 775 million cubic feet per day (8 billion cubic meters per year) of clean-burning natural gas when it reaches full operational capacity in 2009.

Iran Pres: Crescent Gas Deal Unfair

Iran Pres: Crescent Gas Deal Unfair

Παρ, 19 Σεπτεμβρίου 2008 - 12:57

Iranian President Mahmoud Ahmadinejad has criticized a contract to sell Iran's gas to the United Arab Emirates-based Crescent Petroleum Company, describing it as unfair, the Iranian government-controlled international news network Press TV reports on its Web site Friday.

Gulfs Oil-Fired Boom Is At Risk

Gulf's Oil-Fired Boom Is At Risk

Παρ, 19 Σεπτεμβρίου 2008 - 12:55

Persian Gulf governments are trying to shore up confidence in the region's so-far insulated economy, but the oil-fired boom is looking vulnerable amid the global-financial turmoil swirling around it.

Sonatrach Likely To Keep Force Majeure On LNG Supply - Report

Sonatrach Likely To Keep Force Majeure On LNG Supply - Report

Πεμ, 18 Σεπτεμβρίου 2008 - 15:32

SINGAPORE (Dow Jones)--Sonatrach, Algeria's state-owned energy company, is expected to keep its liquefied natural gas supplies to long-term customers in Europe under force majeure through September, LNG Intelligence reported Thursday.

Water Reserves Woefully Below Par

Water Reserves Woefully Below Par

Πεμ, 18 Σεπτεμβρίου 2008 - 15:22

The country’s water reserves are so low that it will take at least 10 years of proper water management for levels to be restored satisfactorily, experts say, noting that current reserves are adequate for the next three years. Scientists from the Hellenic Committee of Hydrogeology and other experts said it was imperative that 200,000 legal and illegal drill holes around the country be checked as soon as possible.

Caspian Holdings Expands Black Gold Holdings In Irvine Field

Caspian Holdings Expands Black Gold Holdings In Irvine Field

Πεμ, 18 Σεπτεμβρίου 2008 - 15:05

Caspian Holdings, an oil and gas development company with assets in the USA and Kazakhstan, has increased its lease holding in the Irvine oil field to over 200 acres with the signing of a new 160 acre Billings lease.