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Rosneft Expects 2008 Production Growth Of 9% >ROSN.RS

Τετ, 3 Σεπτεμβρίου 2008 - 15:18

Russia's biggest oil producer OAO Rosneft (ROSN.RS) expects 2008 production to increase by 9% compared with last year, the company's head of production Mikhail Stavsky said Wednesday.

TNK-BP, BP Separately Eye Oil, Gas In Turkmenistan

Τρι, 2 Σεπτεμβρίου 2008 - 15:35

BP PLC's (BP) Russian joint venture TNK-BP Holding (TNBP.RS), which is locked in a shareholders' conflict, is in talks with the government of Turkmenistan on possibly developing oil and gas fields in the north of the country, people familiar with the matter told Dow Jones Newswires Monday.

Russia, Uzbekistan Agree On Gas Pricing

Τρι, 2 Σεπτεμβρίου 2008 - 15:33

Russia has reached an agreement with the central Asian country of Uzbekistan on key pricing principles for imports of natural gas, the Interfax news agency said Tuesday citing Russian Prime Minister Vladimir Putin.

Cheney Heads To Ex-Soviet Nations In Show Of Support

Τρι, 2 Σεπτεμβρίου 2008 - 15:32

U.S. Vice President Dick Cheney departs Tuesday on a four-nation tour to support U.S. allies Georgia and Ukraine amid a chill in relations with Russia over its military conflict with Georgia.

South Ossetia Aims To Join Russia

Τρι, 2 Σεπτεμβρίου 2008 - 15:31

Georgia's separatist region of South Ossetia plans to become part of Russia and will host Russian military bases, the rebel leader Eduard Kokoity told journalists Monday.

Russian Newspapers Hail Victory After EU Summit

Τρι, 2 Σεπτεμβρίου 2008 - 15:29

Russian newspapers on Tuesday hailed a victory for Moscow after the European Union froze talks on closer ties until Russian troops withdraw from Georgia but stopped short of imposing economic sanctions.

Iran Oil Min: OPEC Must Control Excess Oil Supplies

Τρι, 2 Σεπτεμβρίου 2008 - 15:27

Iran's oil minister said Tuesday the Organization of Petroleum Exporting Countries needs to "control" excess crude oil supplies, the state news agency Irna reported.

RWE Seeks German Offshore Wind Park Capacity Of 1Gw By 2012

Τρι, 2 Σεπτεμβρίου 2008 - 15:25

RWE AG (RWE.XE) said Tuesday it is stepping up efforts to increase its footprint in the lucrative renewables energy market by investing in offshore wind power generation projects in its home market Germany.

Romania's Transelectrica May Float 10% In Spring

Τρι, 2 Σεπτεμβρίου 2008 - 15:24

Romanian power grid Transelectrica (TEL.RO) is considering listing another 10% of its shares on the Bucharest Stock Exchange next year in the spring, news agency Mediafax reported the head of the company's business development department, Razvan Purdila, as saying Tuesday.

Romania-Ukraine Black Sea Oil, Gas Dispute Reaches ICJ

Τρι, 2 Σεπτεμβρίου 2008 - 15:22

A decades-long dispute between Romania and Ukraine over boundaries in a hydrocarbon-rich zone of the Black Sea entered a new phase Tuesday when it came before the U.N.'s highest court in The Hague.

Azerbaijan-Iran Crude Swap Deal Reaches 10,000 B/D

Δευ, 1 Σεπτεμβρίου 2008 - 18:04

Azerbaijan is exporting up to 10,000 barrels a day of crude oil through Iran's Caspian port at Neka since last week after alternative routes were disrupted due to the conflict between Georgia and Russia, the oil ministry's official Shana Web site reported Saturday.

Russia: Agrees With Germany To Seek To Calm Tensions In Europe

Δευ, 1 Σεπτεμβρίου 2008 - 18:03

Russia and Germany agreed on Saturday to seek to calm tensions in Europe over the conflict in Georgia, the Russian foreign ministry said ahead of a European Union summit on the issue next week.

Putin: Russia To 'Diversify,' Not Limit Energy Exports To EU

Δευ, 1 Σεπτεμβρίου 2008 - 18:02

Russia has no intention of limiting oil and gas exports to Europe, but rather it will "diversify" them, Prime Minister Vladimir Putin said Sunday in an interview ahead of an emergency E.U. summit on Georgia.