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Iran 1Q NGLs Exports From S Pars Phases Above 18M Bbl

Iran 1Q NGLs Exports From S Pars Phases Above 18M Bbl

Iran's exports of Natural Gas Liquids (NGL) from phases 1-5 of the South Pars natural gas field exceeded 18 million barrels during the first quarter of the Iranian year, the English-language satellite channel Press TV reported Saturday.

Iran Working On Plan To Limit Gasoline Imports

Iran Working On Plan To Limit Gasoline Imports

Iran will soon introduce an energy plan aiming at lowering the rate of gasoline imports to the country, the country's oil ministry web site, Shana, reported Monday.

Saipem Gets LNG Contract In Algeria Worth About EUR2.8 Bln

Saipem Gets LNG Contract In Algeria Worth About EUR2.8 Bln

Saipem SpA (SPM.MI), Italy's biggest oil services company by market value, said Monday it has received a new contract worth about EUR2.8 billion for an onshore liquefied natural gas project in Algeria.

Lukoil Pays $500 Million For Turkish Retailer Akpet

Lukoil Pays $500 Million For Turkish Retailer Akpet

Russia's largest independent oil producer OAO Lukoil (LKOH.RS) said Monday it paid $500 million for a 100% stake in Turkey's sixth-largest retail operator Akpet as the company continues its expansion into European downstream assets.

EdF May Take Centrica Wind Asset Stake To Fund BE Buy

EdF May Take Centrica Wind Asset Stake To Fund BE Buy

French utility Electricite de France (1024251.FR) may take a stake in Centrica PLC's (CNA.LN) wind farms and other assets as part of its GBP11 billion-plus bid to purchase nuclear power generator British Energy PLC (BGY.LN), The Daily Telegraph reports Monday, citing a source.

RWE Sees Gundremmingen B Nuclear Plant Back Online Jul 27-29

RWE Sees Gundremmingen B Nuclear Plant Back Online Jul 27-29

The restart of German utility RWE's nuclear power plant Gundremmingen Block B is delayed to between July 27 and July 29 following a planned annual maintenance outage, the company's Web site said Monday.

Suez Environnement Buys Water Activities From US Earth Tech

Suez Environnement Buys Water Activities From US Earth Tech

French utility Suez Environnement (SEV.FR) Monday said it acquired several water activities from Tyco International Ltd.'s (TYC) Earth Tech unit in the U.S., but didn't disclose financial details of the transaction.

Turkish Tasyapi To Increase Power Output by 4,000 MW - IHA

Turkish Tasyapi To Increase Power Output by 4,000 MW - IHA

Unlisted Turkish energy and construction firm Tasyapi will raise its power production by 4,000 megawatts after signing a EUR6 billion credit with Goldman Sachs (GS), Turkish daily newspaper Milliyet reported Friday, the Ihlas News Agency, or IHA, reported.

UK Plans To Spend GBP3B On Nuclear Warheads

UK Plans To Spend GBP3B On Nuclear Warheads

The U.K. is to replace its stockpile of nuclear warheads at an estimated cost of more than GBP3 billion, The Guardian reports Friday, citing previously unpublished papers released under the Freedom of Information Act.

EDF Is Nearing Accord To Buy British Energy

EDF Is Nearing Accord To Buy British Energy

Electricite de France SA Thursday was nearing an agreement to acquire U.K. nuclear-power generator British Energy Group PLC, in a deal that could exceed GBP 12 billion ($23.99 billion) and end a months-long takeover saga, people familiar with the matter said.

TNK-BP CEO Leaves Russia; BP Warns Of Suit

TNK-BP CEO Leaves Russia; BP Warns Of Suit

BP PLC (BP.LN) said Thursday that TNK-BP Ltd. Chief Executive Robert Dudley has temporarily left Russia, saying he was subjected to "harassment" by Russian authorities, prompting the oil giant to threaten legal action against its Russian partners.

Frances Areva 1H Rev +15% On Reactor, Services Sales

France's Areva 1H Rev +15% On Reactor, Services Sales

Areva (CEI.FR), the world's largest maker of nuclear reactors, Thursday reported a 15% rise in first-half revenue, helped by a surge in sales in its reactors and services division.

TNK-BP Exec Says Most Expats Visas To Expire Late Jul

TNK-BP Exec Says Most Expats' Visas To Expire Late Jul

The Russian visas of most expatriate TNK-BP Holding (TNBP.RS) employees are scheduled to expire in late July, TNK-BP Chief Operating Officer Tim Summers said at a news briefing Thursday, Prime-Tass news agency reported.