English Edition

Suez GDF To Propose Exceptional Dividend Of EUR0.8 Per Share

Τρι, 15 Ιουλίου 2008 - 12:43

Soon-to-merge French utility Suez (SZE.FR) and French state-controlled Gaz de France (1020848.FR) will propose the payment of an exceptional dividend of EUR0.80 per share of the newly created company GDF Suez, the companies said Tuesday in a joint statement.

StatoilHydro Gets OK For Norwegian Sea Exploration Drilling

Τρι, 15 Ιουλίου 2008 - 12:42

The Petroleum Safety Authority Norway said Tuesday that StatoilHydro has received consent to conduct exploration drilling in the Norwegian Sea using the mobile facility Ocean Vanguard.

Russia Hopes To Boost Ties With Saudi Arabia

Τρι, 15 Ιουλίου 2008 - 12:37

Russia hopes to further boost ties with Saudi Arabia, Russian Prime Minister Vladimir Putin said Monday during talks with Saudi Arabia's Security Council chief Prince Bandar bin Sultan.

Brazil Petrobras Discovers Oil In Espirito Santo Basin

Τρι, 15 Ιουλίου 2008 - 12:35

Brazilian state-run energy giant Petroleo Brasileiro (PBR), or Petrobras, said late Monday that the company had discovered oil in the Espirito Santo Basin near the Golfinho field.

RF Energy Plans to Invest 250 mln euros

Δευ, 14 Ιουλίου 2008 - 17:36

Power company RF Energy plans to invest 250 million euros ($394.3 million) by 2010, expanding its business to meet growing demand for alternative energy in Greece, a senior executive said yesterday. Greece liberalized its energy market last year, making it easier for smaller companies to challenge entrenched power utility Public Power Corporation.

Firms Join Forces to Secure Position in Growing Retail Power Market

Δευ, 14 Ιουλίου 2008 - 17:31

Partnerships between leading European power companies and Greek firms have been taking shape recently as the new entrants to the country’s fast-growing electricity market prepare to enter the retail segment.

Russian Govt, Kazmunaigas Look At Oman's Stake In CPC

Δευ, 14 Ιουλίου 2008 - 12:28

The Russian government and the Kazak state oil and gas company Kazmunaigas are both interested in buying Oman's 7% stake in the Caspian Pipeline Consortium, or CPC, the Interfax news agency reported Friday.

Kazakh KazMunaiGas Gets Offshore Field E&P Contract

Δευ, 14 Ιουλίου 2008 - 12:26

Kazakh state oil and gas company KazMunaiGas, or KMG, has been awarded an exploration and production contract for the Mertviy Kultuk offshore oilfield in the Caspian Sea, the company said Monday.

Gazprom Ready For Iran Energy Deals

Δευ, 14 Ιουλίου 2008 - 12:23

Gazprom's (GZPFY) chief Sunday assured Iran that the Russian energy giant was ready to participate in major Iranian oil and gas projects, days after Total (TOT) dropped out of a multi-billion dollar gas deal.

Iran, Gazprom Sign MoU For Oil, Gas Cooperation

Δευ, 14 Ιουλίου 2008 - 12:22

The National Iranian Oil Co., or NIOC, and Russian energy giant Gazprom signed a memorandum of understanding to collaborate on the development of Iran's oil and natural gas fields, the oil ministry's Shana news agency reported late Sunday.

Iran Will Raise Oil Exports By Over 1M B/D By Mar '10

Δευ, 14 Ιουλίου 2008 - 12:20

Iran will raise crude oil exports by more than 1 million barrels a day by March 2010, Iran's English-language satellite channel Press TV reported Friday, citing the country's oil minister.

Iran Says Discovers Billion Barrel Oil Field

Δευ, 14 Ιουλίου 2008 - 12:18

Iran said Sunday that it has discovered a new oil field in the hydrocarbon-rich province of Khuzestan with more than one billion barrels of crude in place.

Karachaganak Petroleum Starts Paying Oil Export Duty

Δευ, 14 Ιουλίου 2008 - 12:16

Kazakh Deputy Finance Minister Daulet Yergozhin said Monday that Karachaganak Petroleum Operating started paying newly introduced export duty on crude oil as Tengizchevroil might be forced to pay the duty too, Interfax news agency reported.