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Kazakhstan Prefers Iran Route For Europe Oil Exports

Kazakhstan Prefers Iran Route For Europe Oil Exports

Kazakhstan said Monday it prefers Iran over Russia and Azerbaijan as an alternative crude oil transport route to Europe, Iran's semi-official Fars News Agency reported July 5, citing a Kazakh diplomat.

Iran Boosts South Pars Natural Gas Production In 1Q

Iran Boosts South Pars Natural Gas Production In 1Q

Iran produced more than 10.3 billion cubic meters of natural gas from its giant South Pars gas field during the first three months of the Iranian year, the Iranian oil ministry's official Shana news Web site reported Monday.

Putin, Ahmadinejad Discuss Nuclear Plant Progress

Putin, Ahmadinejad Discuss Nuclear Plant Progress

Russian Prime Minister Vladimir Putin and Iranian President Mahmoud Ahmadinejad on Monday discussed progress on a nuclear power plant Russia is building in Iran, a statement from Putin's office said.

Spain Wouldnt Object To Acciona, Enel Split Over Endesa

Spain Wouldn't Object To Acciona, Enel Split Over Endesa

Spain's government wouldn't object to Spanish utility Endesa SA's (ELE.MC) joint owners Acciona SA (ANA.MC) and Italy's Enel SpA (ENEL.MI) agreeing to split over disagreements about the company, Industry Minister Miguel Sebastian said Tuesday.

Iran Oil Min Calls For Change In IPI Pipeline Gas Price

Iran Oil Min Calls For Change In IPI Pipeline Gas Price

The price of Iranian gas to be exported through the Iran-Pakistan-India, or IPI, pipeline should be based on global market prices and the original agreements revised accordingly, Iran's oil minister said, the Iranian oil ministry's official Shana news Web site reported late Monday.

G8 Agrees On 50% Emission Cuts By 2050

G8 Agrees On 50% Emission Cuts By 2050

The Group of Eight leading nations agreed Tuesday to at least halve global carbon emissions by 2050, in what leaders hailed as a breakthrough but environmentalists called toothless.

Gazprom CEO: Russia To Boost Gas Imports From Turkmenistan

Gazprom CEO: Russia To Boost Gas Imports From Turkmenistan

Russia is boosting its gas imports from Turkmenistan, the chief executive of gas giant OAO Gazprom (OGZPY) said Friday, amid growing competition with the West and China for access to the ex-Soviet country's gas.

Kazakhstan Pres Seeks Devt Help, May Cut Energy Output

Kazakhstan Pres Seeks Devt Help, May Cut Energy Output

Kazakhstan President Nursultan Nazarbayev said Sunday in an interview with Italian daily La Repubblica that the country is ready to cut its oil and gas output if other international countries don't help to further develop the country itself.

Russian Parliament OKs Tax Cut For Oil Producers

Russian Parliament OKs Tax Cut For Oil Producers

Russia's parliament Friday approved a tax cut which would save Russian oil majors billions of dollars as part of measures to boost production amid record prices, news agencies reported.

EUs Solana In Positive Iran Talks, Awaits Reply

EU's Solana In Positive Iran Talks, Awaits Reply

European Union foreign policy chief Javier Solana held "positive" talks Friday with Iran's nuclear negotiator and expects elements of Tehran's response to an international offer very soon, his spokeswoman said.

Iran Gas Pipeline To Turkey, Europe To Be Built Soon

Iran Gas Pipeline To Turkey, Europe To Be Built Soon

Construction of a 600-million euro pipeline supplying Iranian natural gas to Turkey and Europe will soon begin, Iran's English-language satellite channel Press TV reported Saturday, citing a senior oil official.