English Edition

Iran And Turkey Sign Deal To Transfer Gas To Europe

Τρι, 18 Νοεμβρίου 2008 - 12:14

Turkey and Iran signed a memorandum of understanding late Monday on the development of three phases of Iran's South Pars gas field and to transfer gas to Europe, Turkish Energy Minister Hilmi Guler said, the Ihlas News Agency, or IHA, reported Tuesday.

Russian Stocks Slide Further On Oil

Τρι, 18 Νοεμβρίου 2008 - 12:13

Russian stock indexes fell further Monday as oil prices dropped and equity markets around the world posted losses.

Gazprom Blames Georgia For Interrupted S Ossetia Gas Deliveries

Τρι, 18 Νοεμβρίου 2008 - 12:11

Russian state-controlled gas giant Gazprom (GAZP.RS) accused Georgia Monday of interrupting gas deliveries to South Ossetia and said the rebel Georgian region would be supplied directly from Russia next year.

Italy, Germany To Discuss Energy, Climate Package

Τρι, 18 Νοεμβρίου 2008 - 12:10

Italian Prime Minister Silvio Berlusconi and German Chancellor Angela Merkel meeting at a bilateral summit in Trieste Tuesday will focus on energy policy and the European Union's greenhouse gas control package, Il Sole-24 Ore reports Tuesday.

OMV In Talks With Turkmenistan, Shell In Iraq For Nabucco

Δευ, 17 Νοεμβρίου 2008 - 12:03

OMV AG (OMV.VI) and its partners in the Nabucco gas pipeline are in talks with Turkmenistan and Royal Dutch Shell PLC's (RDSB.LN) Iraqi operation to secure gas supply, the company's executives said Friday.

EU Wants To Work With Obama On Iraq, Other Key Issues

Δευ, 17 Νοεμβρίου 2008 - 12:02

The European Union plans to propose working with U.S. President-elect Barack Obama on key issues including Iraq and to pledge participation in foreign military operations, German media reported.

IMF's Strauss-Kahn Sees Agreement With Turkey On Loan Soon

Δευ, 17 Νοεμβρίου 2008 - 11:51

Turkey and the International Monetary Fund should reach an agreement on a finance package in the near future, IMF Managing Director Dominique Strauss-Kahn said Saturday.

Turkey, Iran To Finalize Gas Pact During High Level Mtg

Δευ, 17 Νοεμβρίου 2008 - 11:50

Turkish Energy Minister Hilmi Guler is set to finalize a gas accord with Iran during his trip to Tehran starting Saturday evening, Iran's state news agency Irna reports.

Iran Wants OPEC Cut Of 1.0-1.5 Mln B/D

Δευ, 17 Νοεμβρίου 2008 - 11:48

Iran, OPEC's No. 2 oil producer, favors a cut in crude production of 1.0 million to 1.5 million barrels a day when the oil cartel meets in Cairo later this month, state television reported Saturday.

OPEC May Take Two Separate Actions In Nov,Dec

Δευ, 17 Νοεμβρίου 2008 - 11:47

OPEC's Iran governor said Sunday the organization may take two separate actions in the coming month and that he hopes non-OPEC oil producers will help the organization's efforts as early as a Nov. 29 meeting.

E.ON Considering More Investment In Renewable Energy

Δευ, 17 Νοεμβρίου 2008 - 11:45

German utility E.ON AG (EOAN.XE) is considering increasing the amount it plans to invest in renewable energy, Berliner Zeitung quotes Frank Mastiaux, head of the company's Climate & Renewables division, as saying Monday.

Saudi King:Plan Public,Oil Invest Over $400B Next 5 Yrs

Δευ, 17 Νοεμβρίου 2008 - 11:44

Saudi Arabia's King Abdullah said that the investment program of the Saudi public and oil sectors for the next five years will exceed $400 billion, Riyadh-based Al Jazirah daily reported Monday.

Germany's Merkel, Turkmenistan Pres Discuss Economic Ties

Παρ, 14 Νοεμβρίου 2008 - 17:32

German Chancellor Angela Merkel rolled out the red carpet Friday for the leader of Turkmenistan, as both said there was enormous potential for deepening economic ties.

Kazakhstan, Azerbaijan State Oil Cos Agree To Ship Kazakh Oil

Παρ, 14 Νοεμβρίου 2008 - 17:24

Kazakh state oil and gas company KazMunaiGas said Friday it has signed an agreement with Azerbaijan's state oil company on the main terms of shipping Kazakh crude oil to international markets via Azerbaijan.

Turkey Joins Eastern European Nations To Push Energy Routes

Παρ, 14 Νοεμβρίου 2008 - 17:22

Turkish President Abdullah Gul Friday joined east European leaders at a summit in Azerbaijan aimed at promoting energy routes to Europe outside Russia's influence.

Azeri Minister: BTC Pipeline To Ship 1M Bbl/Day By End

Παρ, 14 Νοεμβρίου 2008 - 17:20

The Baku-Tblisi-Ceyhan pipeline that carries Azerbaijani crude oil to the Mediterranean coast of Turkey will resume shipments of 1 million barrels per day by the end of the year, Azerbaijan's energy minister Natiq Aliyev said at an energy summit, which took place in Baku this week.