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TNK-BP:To Invest In Ukraines Refinery, Eyes Upstream Options

TNK-BP:To Invest In Ukraine's Refinery, Eyes Upstream Options

Despite the current financial crisis, Anglo-Russian oil joint venture TNK-BP (TNBP.RS) is still ready to modernize its refinery in Ukraine and is studying options to expand its upstream business in the country, Sergey Lisunov, the president of TNK-BP Commerce, TNK-BP's subsidiary in Ukraine told Dow Jones Newswires Wednesday.

Lithuania To Vote On Delaying EU-Agreed Nuclear Plant Shutdn

Lithuania To Vote On Delaying EU-Agreed Nuclear Plant Shutdn

Lithuania's voters will Sunday have a chance to increase the pressure on the European Union to delay the shutdown of a Chernobyl-style nuclear plant which provides the bulk of the Baltic state's power.

Russia Denies Weapons Sales To Iran

Russia Denies Weapons Sales To Iran

Russia on Thursday denied reports it plans to sell S-300 surface-to-air missiles to Iran, a move that could complicate an attack on that country's nuclear infrastructure.

Moscow Stocks Continue Their Rebound, RTS Halted

Moscow Stocks Continue Their Rebound, RTS Halted

Russian stocks rebounded sharply in Thursday's afternoon trading, with financial markets regulators causing confusion among traders by suspending and resuming trading at MICEX twice after a sharp surge in prices.

France Plans EUR400M For Low-Carbon Vehicle R&D

France Plans EUR400M For Low-Carbon Vehicle R&D

French President Nicolas Sarkozy Thursday said the government has earmarked EUR400 million in financing for research and development into low-carbon emission vehicles over the next four years.

EDF, Peugeot In Electric, Plug-In Hybrid Partnership

EDF, Peugeot In Electric, Plug-In Hybrid Partnership

French state-controlled utility Electricite de France (1024251.FR) and car maker PSA Peugeot Citroen (12150.FR) said Thursday they have formed a partnership to support the development and future marketing of electric vehicles and plug-in hybrids.

Russia To Delay West Gas Pipeline Project To China

Russia To Delay West Gas Pipeline Project To China

Russia will delay construction of a proposed gas pipeline project linking the country with China due to competition from other gas sources in the Chinese market, the official Xinhua news agency reported on Tuesday, citing Russian media.

BP To Add Tengiz Crude To BTC Oil Pipeline In 2nd Half Of Oct

BP To Add Tengiz Crude To BTC Oil Pipeline In 2nd Half Of Oct

A small volume of crude oil from the Tengiz field in Kazakhstan will be added to the Baku-Tbilisi-Ceyhan pipeline from the second half of October, arriving in the Turkish port of Ceyhan in mid-November, a spokesman for pipeline operator BP PLC (BP) said Wednesday.

Regal Is In Talks With Potential Strategic Partners

Regal Is In Talks With Potential Strategic Partners

London-listed Regal Petroleum (RPT.LN) is in talks with potential strategic partners to develop its gas assets in Ukraine, Chief Executive David Greer told Dow Jones Newswires Tuesday.

Sarkozy, Medvedev Meet Ahead Of Georgia Troop Deadline

Sarkozy, Medvedev Meet Ahead Of Georgia Troop Deadline

Russian President Dmitry Medvedev was to hold talks Wednesday with his French counterpart Nicolas Sarkozy, who brokered the ceasefire in Moscow's war with Georgia, two days before a deadline for the pullback of his troops.

Iran Could Spark Mideast Nuclear Arms Race

Iran Could Spark Mideast Nuclear Arms Race

U.K. Foreign Secretary David Miliband warned Tuesday of a nuclear arms race in the Middle East if Iran was allowed to press ahead unchecked with a uranium enrichment program.

Russian Oil Companies Ask Government For Loans

Russian Oil Companies Ask Government For Loans

Four of Russia's biggest energy companies, including OAO Gazprom (GAZP.RS) and OAO Lukoil (LKOH.RS), have sent a joint letter to the government asking for the possibility to obtain additional credit, a Lukoil spokesman said Tuesday.

BP Economist:Skeptical Emerging Econs Immune To OECD Slowdown

BP Economist:Skeptical Emerging Econs Immune To OECD Slowdown

BP Plc's (BP) Chief Economist Christof Ruehl said he was "skeptical" emerging market economies will be immune to the financial slowdown in Organization for Economic Cooperation and Development countries, at a conference in London Wednesday.