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US Sabotaging Cooperation With IAEA

Iran has accused the U.S. of sabotaging its cooperation with the U.N. nuclear watchdog, the Financial Times reports Tuesday.

Romania's Petrom '07 Net Pft Down 22%

Romania's largest vertically integrated oil company, Petrom SA (SNP.RO), said Tuesday its net profit fell around 22% in 2007 due to international crude oil price increases and lower oil output, news agency Mediafax reported.

Saudi Arabia, France Sign Terrorism, Money Laundering Pact

RIYADH (AP)--Interior ministers of Saudi Arabia and France have signed a security agreement to combat terrorism, the official news agency reported Monday, amid the European country's efforts to take a higher profile in the Middle East.

Turkey's Gubre Wins Approval To Buy Iran's Razi - IHA

ISTANBUL (Dow Jones)--Turkey's chemical fertilizer and phosphoric acid manufacturer Gubre Fabrikalari T.A.S (GUBRF.IS) said Monday that a consortium it leads has secured approval to buy Iran's Razi Petrochemical, Ihlas News Agency, or IHA, reported.

Iran Reformists Still Weakened In Parliamentary Poll -AFP

TEHRAN (AFP)--Iran's embattled reformist forces can only compete in around 50% of seats in parliamentary elections despite the reinstatement of candidates disqualified in vetting, officials said on Monday.

Constanta-Trieste Pipeline Deal To Sign March 27 - Mediafax

Romania, Serbia, Croatia and Italy will sign an agreement March 27 to build the Pan-European Oil Pipeline linking Constanta in Romania to Trieste in Italy, news agency Mediafax reported Monday.

Bosnian Serbs, EFT Ink EUR660M Power Plant Deal - AFP

The Bosnian Serb government signed a deal Monday with the Energy Financing Team for the London-based group to build a EUR660 million thermal power plant.

Greece Aims To Cut Greenhouse Gas Emissions 16.6% For 2008-12

Greece will cut its greenhouse gas emissions by 16.6% over the period 2008-2012, Environment Minister George Souflias said Monday.

Ethnic Strife Takes Toll On Oil-Rich Kirkuk

As Turkish troops pursue Kurdish rebels inside Iraq, an ethnic political dispute is heating up in this largely Kurdish town where the country's northern oil industry is based.

Solar Power Sector Looks Set to Shine Despite Financing Difficulties from Credit Crunch

Senate Panel To Review Use Of Oil Stockpile By DOE

A U.S. Senate panel this week will review how the government uses the Strategic Petroleum Reserve, a spokesman for the committee said Friday.

Suez May Pay Belgium EUR400M To Keep Nuclear Units Open-Paper

BRUSSELS (Dow Jones)--Suez (SZE.FR) may pay EUR400 million to the Belgian government to postpone the decommissioning of its nuclear plants in Belgium, newspaper L'Echo reported Monday, without citing sources.

Iraqi Oil Minister: No Need For OPEC To Take Action Now

The Organization of Petroleum Exporting Countries doesn't need to take any immediate action in the wake of crude oil prices reaching a record high of slightly above $100 a barrel, Iraqi Oil Minister Hussein al-Shahristani said Monday.