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Gazprom CEO, Egypt PM Discuss Gas Swaps, LNG Projects -Agency

Τετ, 12 Νοεμβρίου 2008 - 14:56

Alexei Miller, chief executive of Russian natural gas giant OAO Gazprom (GAZP.RS), and Egyptian Prime Minister Ahmed Nazif Tuesday discussed gas swap operations and cooperation in liquefied natural gas projects, Gazprom said in a statement, news agency Prime-Tass reported.

Gazprom To Supply Ukraine At Least 55 BCM Of Gas In 2009

Τετ, 12 Νοεμβρίου 2008 - 14:53

Russian gas monopoly OAO Gazprom (GAZP.RS) agreed with Ukraine's state-owned natural gas company Naftogaz Ukraini Tuesday that the Russian firm will supply Ukraine with no less than 55 billion cubic meters of gas in 2009, the same volume as this year, the companies said is separate statements.

German Energy Lobby Opposes Creation Of National Gas Reserve

Τετ, 12 Νοεμβρίου 2008 - 14:50

Germany's power, gas and water industry association, BDEW, Tuesday said it opposes the creation of a state-controlled gas reserve, saying such a move would result in higher gas prices rather than improve security of supply.

Lukoil To Invest Up To $1B In Caspian Projects - Prime-Tass

Τετ, 12 Νοεμβρίου 2008 - 14:35

Russian oil major OAO Lukoil Holdings (LKOH.RS) is planning to invest $1 billion in oil and gas production in the northern part of the Caspian Sea, Prime-Tass reported Wednesday, quoting the company's chief executive.

Putin OKs Caspian Gas Pipe Accord For Ratification

Τρι, 11 Νοεμβρίου 2008 - 14:00

Russian Prime Minister Vladimir Putin has signed a ruling to submit an agreement on the construction of a natural gas pipeline along the Caspian Sea coast to the parliament for ratification, the government's press service said Monday, news agency Prime-Tass reported.

EU To Seek Energy Supply From Asia,Africa,Boost Links

Τρι, 11 Νοεμβρίου 2008 - 13:59

The European Union must diversify energy supply by focusing on Central Asian gas and African potential for renewable energy sources, while integrating gas and electricity grids into a European supergrid to spur energy security, according to a draft of a strategic energy review seen by Dow Jones Newswires.

Czech CEZ Hopes Crisis Will Stall EU Climate Package

Τρι, 11 Νοεμβρίου 2008 - 13:57

Central Europe's top power producer, Czech-based CEZ AS, is pinning hopes on the financial crisis to thwart the approval of the E.U.'s green package, saying it would hit hard at the region's coal-dependent industry.

EU Must Improve Energy Security

Τρι, 11 Νοεμβρίου 2008 - 13:55

The European Union must improve the security of its energy supplies with offshore wind turbines and gas pipelines to the Caspian region, according to a European Commission report.

Iraq Seeks 1.7 Million Tons Of Fuel In Raft Of Tenders

Τρι, 11 Νοεμβρίου 2008 - 13:54

Iraq has issued a raft of tenders seeking a total of 1.695 million tons of gasoline, gas oil, kerosene and liquefied petroleum gas, or LPG, for delivery from Jan. 1 to June 30, 2009.

Romanian Romgaz Expects Flat 09 Fincl Results

Τρι, 11 Νοεμβρίου 2008 - 13:52

Romanian natural gas producer Romgaz Medias expects its financial results, gas sales and production to be flat on year in 2009, on lower gas consumption with some industrial consumers, General Manager Francisc Toth said Tuesday, news agency Mediafax reported.

RWE Says Examining Reorganization Of German Energy Retail Ops

Τρι, 11 Νοεμβρίου 2008 - 13:51

RWE AG (RWE.XE), the country's largest power producer by generation capacity, said Tuesday it plans to reorganize its domestic energy retail operations to better cope with increased competition.

IENE's 2nd Energy Week Begins With Seminar on Energy & Foreign Policy

Τρι, 11 Νοεμβρίου 2008 - 12:38

The possible repercussions on energy developments in SE Europe, and particularly in Greece, of the increasingly strained antagonism between the USA and Russia over the control of the supply sources and transport routes of energy raw materials were at the centre of the questions raised and the exchange of opinions that dominated the one-day conference on «Energy and Foreign Policy» organized by ΙΕΝΕ and which marked the beginning of the deliberations of the 2nd Energy Week.

KNOC Inks Final Pact To Explore 2 Uzbekistan Oil-Gas Blocks

Δευ, 10 Νοεμβρίου 2008 - 16:03

State-run Korea National Oil Corp., or KNOC, signed a final contract with Uzbekneftegaz to explore two oil and gas blocks in Uzbekistan, said KNOC and the energy ministry Monday.