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Israel Seeks Gas From Gazprom, BP Azeri Field

Παρ, 6 Ιουνίου 2008 - 04:26

Israel is seeking gas supplies from Russia's OAO Gazprom (GAZP.RS) and a BP PLC (BP) Azeri field, a top Israeli official said this week.

IEA Tanaka: Current Crude Oil Prices Are Too High

Παρ, 6 Ιουνίου 2008 - 04:24

Current crude oil prices are too high because of tight supplies, but market fundamentals are now changing as demand is slowing in some countries, the head of the International Energy Agency said Friday.

Russia's Medvedev Visits Germany On 1st European Trip As Pres

Πεμ, 5 Ιουνίου 2008 - 02:56

Russian President Dmitry Medvedev visits Germany on Thursday, making his first Western trip since succeeding Vladimir Putin at a time when the European Union and Russia are preparing to start much-delayed talks on a new strategic partnership.

Azerbaijan To Nearly Double Gas Production By 2015

Πεμ, 5 Ιουνίου 2008 - 02:53

Azerbaijan plans to nearly double its production of natural gas by 2015 as it ramps up production at the enormous Shah Deniz gas field, an official at state energy firm SOCAR said Wednesday.

Total Close To Signing Azerbaijani Oil, Gas Deal

Πεμ, 5 Ιουνίου 2008 - 02:51

French energy group Total SA (TOT) is close to signing a deal to develop an offshore oil and gas field in ex-Soviet Azerbaijan, a local news agency reported Wednesday.

WSJ(6/5) Lukoil 1Q Net Profit Jumps

Πεμ, 5 Ιουνίου 2008 - 02:50

Russian oil producer OAO Lukoil Holdings said its first-quarter net profit more than doubled and called for heftier tax cuts for the industry.

EU Solana To Visit Iran, Plays Dn Chances On Nuclear Progress

Πεμ, 5 Ιουνίου 2008 - 02:48

European Union foreign policy chief Javier Solana said Wednesday he was set to visit Tehran for fresh nuclear talks but didn't expect any "miracles" in efforts to convince Iran to suspend uranium enrichment.

Oil Pipeline Fire Kills 3, Soon Put Out

Πεμ, 5 Ιουνίου 2008 - 02:43

An oil pipeline caught fire late Tuesday in Iran 's Khuzestan province, and the fire was put out early Wednesday, Reuters quotes Iranian state television as reporting.

Explosion In Petchem Plant In Kuwait

Πεμ, 5 Ιουνίου 2008 - 02:40

An explosion occured at a petrochemicals plant in Kuwait, Al Arabiya TV reported Thursday.

Volga Gas Well Placed To Start Drilling

Πεμ, 5 Ιουνίου 2008 - 02:37

Volga Gas's Chief Executive, Mikhail Ivanov, said that with the delineation of the sub-salt Yuzhny-Ershovskoye (Y-E) structure complete and the location for the first well identified, the company is now well-placed to commence drilling operations on this high potential structure.

Slovenia Tells IAEA: No Radiation Leak From Nuclear Plant

Πεμ, 5 Ιουνίου 2008 - 02:36

The U.N.'s atomic watchdog has confirmed it's monitoring the incident at Slovenian's only nuclear power plant, but said that according to the Slovenian authorities there had been no leak of radiation.

Rosneft Targets $200B Mkt Capitalization In Mid-term

Πεμ, 5 Ιουνίου 2008 - 02:34

Russian state-owned oil company OAO Rosneft (ROSN.RS) plans to increase its market capitalization to $200 billion in the mid-term, the business daily Vedomosti reported, citing Rosneft Chief Executive Sergei Bogdanchikov.

Slovenia Sparks EU Nuclear Alert

Πεμ, 5 Ιουνίου 2008 - 02:32

A leak of coolant prompted Slovenia to completely shut down the reactor at its only nuclear power plant. The European Commission said parts were still cooling after the shutdown, but the situation was under control.