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Hungarian PM Gyurcsany Calls For Nabucco Pipe Summit

Hungarian PM Gyurcsany Calls For Nabucco Pipe Summit

BUDAPEST (Dow Jones)--Hungarian Prime Minister Ferenc Gyurcsany Tuesday called for a summit for countries involved in the Nabucco pipeline project and others who could potentially supply gas to Europe through the pipeline, state news agency MTI said.

GdF CEO Says Nabucco Pipeline In Europes Interest

GdF CEO Says Nabucco Pipeline In Europe's Interest

PARIS (Dow Jones)--The chief executive of French state-controlled gas giant Gaz de France (1020848.FR) Tuesday said the proposed Nabucco gas pipeline would be in Europe's interest if it comes to fruition but that gas from Azerbaijan won't be enough to make it profitable.

Wildcatters Plunge Into North Iraq

Wildcatters Plunge Into North Iraq

TAWKE, Iraq -- The Canadians are squeezing oil from sand. The Brazilians want to nurse it up through miles of seawater, sandstone and salt. But here in the far north of Iraq, oil is literally bubbling to the surface. Oil executives lament that the age of "easy oil" is over. It isn't over here

DJ Turkey Fin Min Sees Energy Imports Rising To $52B In 08 -IHA

DJ Turkey Fin Min Sees Energy Imports Rising To $52B In '08 -IHA

ISTANBUL (Dow Jones)--Turkish Finance Minister Kemal Unakitan said Wednesday that the country's energy imports will amount to $52 billion in 2008, compared with $34 billion in 2007, the Ihlas News Agency, or IHA, reported.

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.