English Edition

Force Majeure On Some BTC Azeri Exports

Τετ, 24 Σεπτεμβρίου 2008 - 12:47

State Oil Company of Azerbaijan has declared force majeure on some shipments of Azeri crude from the Baku-Tbilisi-Ceyhan oil pipeline following partial shutdown of a large oil field in Azerbaijan, a source at the state oil company told Dow Jones Newswires Tuesday.

Ukraine Pres: EU Integration, Secure Gas Transit Priorities

Τετ, 24 Σεπτεμβρίου 2008 - 12:45

Ukraine's first policy priority is to integrate into the European Union, said President Viktor A. Yushchenko Tuesday in comments at the Council on Foreign Relations in New York.

Russia Opposes Planned 6-Country Meeting On Iran

Τετ, 24 Σεπτεμβρίου 2008 - 12:44

Russia is against a planned meeting Thursday of the six powers negotiating on Iran's nuclear program, the foreign ministry said in a statement that referred to U.S. attempts to "punish" Moscow.

Iran Aims To Export 38% Of 1.45 BCM/D Gas Output In 2017

Τετ, 24 Σεπτεμβρίου 2008 - 12:42

Iran is expected to more than triple its natural gas production in 2017 and will export more than a third of this output, an executive from the country's tanker company said Wednesday.

Iran Pres: Will Resist Western Bullying On Nuclear Tech

Τετ, 24 Σεπτεμβρίου 2008 - 12:41

Iran will "resist" Western bullies attempting to prevent the country from acquiring civilian nuclear technology, President Mahmoud Ahmadinejad said at the United Nations Tuesday.

EDF Open To UK Nuclear Partnerships Other Than Centrica

Τετ, 24 Σεπτεμβρίου 2008 - 12:39

French state-controlled power giant Electricite de France (1024251.FR), which plans to take over U.K. nuclear operator British Energy PLC (BGY.LN), would consider partnerships with other companies, as well as Centrica PLC (CNA.LN), for building atomic plants in the U.K., EDF Chief Executive Pierre Gadonneix said Wednesday.

Shell, Kazakh State Co To Oversee Kashagan Output-Eni

Τρι, 23 Σεπτεμβρίου 2008 - 12:07

Royal Dutch Shell PLC (RDSB.LN) and Kazakhstan state oil company KazMunaiGas, or KMG, will operate the big Kashagan oilfield project once most of the work for the field's development is complete in four years, Italy's Eni SpA (E) said Monday.

GDF Suez Acquires Libya Exploration, Production License

Τρι, 23 Σεπτεμβρίου 2008 - 12:06

French utility GDF Suez (GSZ.FR) said Monday that it has acquired a 20% interest in an exploration and production license in Libya for oil and gas, another step in its strategy of more than doubling its own reserves.

Ukraine Naftogaz: In Talks With Deutsche Bank On $1.55M Loan

Τρι, 23 Σεπτεμβρίου 2008 - 12:04

Ukraine's national natural gas company Naftogaz is in talks with Deutsche Bank (DB) about a $1.55 billion loan, the company's spokesman Valentyn Zemlyansky told Dow Jones Newswires Monday.

Six Powers To Meet On Iran Thursday

Τρι, 23 Σεπτεμβρίου 2008 - 12:02

Foreign ministers from the six powers leading the international community's response to Iran's nuclear program are to meet Thursday in New York to consider possible further sanctions, France said.

Serbia, Russia Hope To Wrap Up Energy Deal Soon

Τρι, 23 Σεπτεμβρίου 2008 - 12:00

Serbian leaders agreed with a Russian delegation that a major energy deal could be concluded within the next few months, both sides said after talks Monday.

EdF Board Approves Sweetened British Energy Offer

Τρι, 23 Σεπτεμβρίου 2008 - 11:59

The board of France's Electricite de France (1024251.FR) has approved the terms of a sweetened offer for U.K. nuclear generator British Energy Group PLC (BGY.LN), The Daily Telegraph reported Tuesday.

Rosneft Forced To Increase Security For Loan

Τρι, 23 Σεπτεμβρίου 2008 - 11:57

Russian state-controlled oil major OAO Rosneft (ROSN.RS) has been forced to increase security for a loan this month, possibly by as much as $2.8 billion, the Vedomosti daily said Tuesday citing banking sources.