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Turkey Nuclear Plant Decision Due Dec 19/Dec 20

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

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

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.

StatoilHydro: Delineation Of Oil, Gas Find In North Sea

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.

EDFs Flamanville Plant To Cost EUR4B Vs EUR3.3B

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

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

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.

Zhaikmunais 3Q Revenues From Oil Sales Up 41% On Year

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.

EU To Relaunch Russia Talks To Boost Econ, Diplomatic Ties

EU To Relaunch Russia Talks To Boost Econ, Diplomatic Ties

Τρι, 2 Δεκεμβρίου 2008 - 18:21

The European Union was to resume key partnership talks with Russia Tuesday, aimed at boosting economic and diplomatic ties, three months after they were frozen in the wake of the Georgia conflict.

Russias Putin Orders Launch Of Baltic Oil Pipeline Project

Russia's Putin Orders Launch Of Baltic Oil Pipeline Project

Τρι, 2 Δεκεμβρίου 2008 - 18:20

Russian Prime Minister Vladimir Putin on Monday gave an order finalizing the construction of a new oil pipeline to the Baltic Sea that Russia hopes will reduce its reliance on neighboring states for transit.

Ukraine, Russia Set For New Gas Talks

Ukraine, Russia Set For New Gas Talks

Τρι, 2 Δεκεμβρίου 2008 - 18:18

A delegation from Ukraine's state gas company Naftogaz is to hold talks Tuesday in Moscow with Russian energy giant OAO Gazprom (GAZP.RS) on clearing Ukraine's massive gas debt, a government source said.

Iraq 09 Oil Exports May Fall 13% Vs 08

Iraq 09 Oil Exports May Fall 13% Vs 08

Τρι, 2 Δεκεμβρίου 2008 - 18:16

Iraq oil exports could fall by as much as 13% next year as maintenance problems and labor shortages undermine the country's export capacity, a senior Iraqi oil official said Tuesday, in a development that would further frustrate state spending on the country's redevelopment.

Russia,Norway,Mexico Must Join OPEC Or Cut Output

Russia,Norway,Mexico Must Join OPEC Or Cut Output

Τρι, 2 Δεκεμβρίου 2008 - 18:15

Algerian Oil Minister Chakib Khelil, the current president of the Organization of Petroleum Exporting Countries, on Tuesday urged Russia, Norway and Mexico to join or cut their crude production to show solidarity with the group.

Edison Wins Egypt Abu Qir Gas Field Tender In $3.1B Deal

Edison Wins Egypt Abu Qir Gas Field Tender In $3.1B Deal

Τρι, 2 Δεκεμβρίου 2008 - 18:13

Edison SpA (EDN.MI), one of Italy's largest energy companies, said Tuesday it won the tender for Egypt's Abu Qir natural gas field in a deal worth $3.1 billion, allowing it to reach its gas supply targets.

Turkmenistan Signals Openness To New Gas Export Routes

Turkmenistan Signals Openness To New Gas Export Routes

Δευ, 1 Δεκεμβρίου 2008 - 18:48

Energy-rich Turkmenistan hopes to find new export routes for its natural gas, its president said Friday, in a sign that the central Asian country may be seeking to lower its dependence on Russia.