English Edition

Inflation stays put in July

Τρι, 5 Αυγούστου 2008 - 18:20

Inflation remained unchanged in Greece last month at the level of 4.9 percent, for the third month in succession, as the National Statistics Service (NSS) is expected to confirm on Thursday.

Zhaikmunai's Oil Production Returns To Previous Levels

Τρι, 5 Αυγούστου 2008 - 11:48

Zhaikmunai L.P. (ZKM.LN), an independent oil and gas producer in northwestern Kazakhstan, said Monday its oil production had returned to previous levels of 6,700 barrels a day.

China, India Vie For Russian Oil

Τρι, 5 Αυγούστου 2008 - 11:46

China and India are facing off yet again in the race to secure energy resources to fuel their economic growth, this time in Russia's Siberian oil fields.

Iran Must Respond By Tuesday Or Face New Sanctions

Τρι, 5 Αυγούστου 2008 - 11:45

Iran faces new U.N. sanctions unless it gives a response by Tuesday to a six-power offer of incentives to freeze uranium enrichment operations, the U.K. Foreign Office said.

Kuwait Plans To Store Oil Abroad Due To Refining Projs

Τρι, 5 Αυγούστου 2008 - 11:43

Plans to store Kuwaiti oil in Vietnam and China has economic purposes and is related to the refineries' projects in the two countries, Kuwait-based Al Rai daily reported Tuesday citing Saad Al Shuwaib, chief executive of state-owned Kuwait Petroleum Corp.

Rosneft May Get A Stake In Imperial's Assets

Τρι, 5 Αυγούστου 2008 - 11:41

Russia's state-controlled oil company OAO Rosneft (ROSN.RS) may ultimately get a stake in the assets of Russia-based Imperial Energy Corp. (IEC.LN), once they are acquired by a third party, people familiar with the matter said Monday.

Vopak: Gate LNG Terminal Signs Agreement With E.ON Ruhrgas

Τρι, 5 Αυγούστου 2008 - 11:40

Royal Vopak nv said Tuesday Gate Terminal, a strategic partnership between Nederlandse Gasunie and Vopak, has signed a long term throughput agreement with E.ON Ruhrgas AG (E.ON Ruhrgas) from Germany, one of Europe's leading energy companies.

BP Venture In Russia Hit As CFO Steps Down

Τρι, 5 Αυγούστου 2008 - 11:35

BP PLC sustained one of the most serious blows yet in its fight to hold on to its lucrative Russian oil venture Monday, as the operation's chief financial officer quit amid the increasingly rancorous dispute between its British and local owners.

Ahmadinejad: Iran Will Use Force To Defend Nuclear Program

Δευ, 4 Αυγούστου 2008 - 12:26

Iranian President Mahmoud Ahmadinejad said Friday his country will use force against its "enemies" to defend its nuclear drive, state television reported.

Iran's Nuclear Negotiator To Speak With EU's Solana Monday

Δευ, 4 Αυγούστου 2008 - 12:25

Iran's nuclear negotiator Saeed Jalili will hold talks with E.U. foreign policy chief Javier Solana on Monday on the standoff over Tehran's atomic drive.

Gazprom Neft Looked At TNK-BP Stake Buy

Δευ, 4 Αυγούστου 2008 - 12:23

Gazprom Neft (SIBN.RS), the crude oil arm of Russia's state-owned OAO Gazprom (GAZP.RS), has looked at the possibility of acquiring a stake in BP PLC's (BP) TNK-BP Holding (TNBP.RS) joint venture, people familiar with the matter said this week.

Siberian Coal Energy Co Mandates Banks For IPO

Δευ, 4 Αυγούστου 2008 - 12:21

Russia's biggest coal producer, Siberian Coal Energy Co., or SUEK, is mandating banks ahead of a possible initial public offering, Interfax news agency reported Monday citing an unnamed investment banker.

RWE: Biblis A Nuclear Plant Has Capacity Reduced By 103 MW

Δευ, 4 Αυγούστου 2008 - 12:19

German utility RWE AG's (RWE.XE) 1,167 megawatt nuclear plant Biblis A has reduced its capacity by 103 MW, according to information published on the company's Web site.