English Edition

OPEC Secy Genl: $160B Invest To 2012 To Hike Capacity

Τρι, 22 Απριλίου 2008 - 03:29

Organization of Petroleum Exporting Countries members are planning to spend $160 billion over the next four years to boost oil production capacity by 5 million barrels a day, which will enable the group to meet oil export demands despite surging internal consumption, the group's secretary general said in an interview Tuesday.

Russia Urges Serbia to Ratify Energy Deal

Δευ, 21 Απριλίου 2008 - 23:32

Russia has urged Serbia to finalize a key energy deal, including the much criticized sale of its state oil monopoly to Russia at what some Serbian officials say is a below-market price.

Dr. Nikos Vassilakos elected as new President of EREF

Δευ, 21 Απριλίου 2008 - 23:31

On the occasion of EREF’s annual General Assembly held on 15th April in Freising / Germany, Dr. Nikos Vassilakos has been unanimously elected new President of the European Renewable Energy Federation (EREF). He succeeds Peter Danielsson who’s second term as President ended according to the Federation’s statutes after four years of very successful work.

Enel Ready For Nuclear Plants In Italy; Govt Decision

Δευ, 21 Απριλίου 2008 - 23:25

Enel has been gaining experience and technical know-how in the nuclear sector internationally and would be capable of building the plants in Italy, Conti told reporters at a press conference at the International Energy Forum in Rome.

Iraq Oil Output 2.5 Mln B/D; Exports 2.0 Mln B/D - Minister

Δευ, 21 Απριλίου 2008 - 07:58

ROME (Dow Jones)--Iraqi Oil Minister Hussein al-Shahristani said late Sunday that the country is currently producing more and exporting more than what it has in past weeks as oil operations in Iraq recover from recent tensions in the south, providing more barrels for the global oil market.

DJ Saudi Arabia To Pause Adding New Oil Capacity After 09 - Min

Δευ, 21 Απριλίου 2008 - 07:56

ROME (Dow Jones)--In another bullish signal to global oil markets, Saudi Arabia, the world's biggest oil exporter, says it has no plans to beef up its oil production capacity beyond the amount it is already pursuing for several years until it gets clearer signs about future crude consumption.

US Govt Urges Turkmenistan To Do More Gas Deals With West

Δευ, 21 Απριλίου 2008 - 07:50

ASHGABAT, Turkmenistan (AFP)--A senior U.S. diplomat Monday urged the former Soviet republic of Turkmenistan to open up the gas-rich but underdeveloped Central Asian republic to deals with Western energy companies.

Gazprom Exec Questions EU Ownership Unbundling-Handelsblatt

Δευ, 21 Απριλίου 2008 - 07:47

FRANKFURT (Dow Jones)--Gazprom OAO's (GAZP.RS) Deputy Chief Executive Alexander Medvedev has criticized European Union energy policies in an article he submitted to German daily Handelsbatt for publication Tuesday.

Kazakhstan Threatens Chevron With $309M Environmental Fine

Δευ, 21 Απριλίου 2008 - 07:46

ALMATY (AFP)--Kazakhstan's government Monday threatened U.S. oil major Chevron (CVX) with a fine equivalent to $309 million for alleged environmental violations, the Interfax news agency reported.

Shell Meets Iranians As Pressure Ups For Gas Deal

Δευ, 21 Απριλίου 2008 - 07:43

ROME (Dow Jones)--Royal Dutch Shell Group PLC (RDSB) met Iranian officials about a prospective natural gas project in the country, a top oil official said Monday, just as the Islamic republic said it hoped Shell and Total SA (TOT) would commit to multibillion dollar gas deals by June.

Eni CEO Certain Co Will Return To Iraq As Soon As Safe

Δευ, 21 Απριλίου 2008 - 07:41

MILAN (MF-Dow Jones)--Italian oil company Eni SpA (E) Chief Executive Paolo Scaroni said he is "certain" the company will return to doing business in Iraq as soon as safety conditions permit.

Iran Hopes To Sign Gas Deal With Total, Shell In June - Min

Δευ, 21 Απριλίου 2008 - 07:39

ROME (Dow Jones)--Iran's Oil Minister Gholam Hussein Nozari said Monday there was no deadline set for an accord be reached with Total SA (TOT) and Royal Dutch Shell PLC (RDSB.LN) over the development of the country's vast natural gas South Pars development.

Russia to Turn Off Plutonium-Producing Reactor

Δευ, 21 Απριλίου 2008 - 06:53

Russia's state nuclear energy corporation was expected to switch off a nuclear reactor Sunday in a closed city in Siberia.