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Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq has suspended crude oil exports to South Korea because Korean companies haven't yet abandoned a deal signed with the Kurdistan regional government to explore disputed oil fields, a senior Iraqi oil official said Monday.

Rosneft, Gazprom Neft Choose Tomsknefts Executives-Vedomosti

Rosneft, Gazprom Neft Choose Tomskneft's Executives-Vedomosti

Vladimir Paltsev will remain the chief executive of Russian Tomskneft, a subsidiary of the state-controlled oil major Rosneft (ROSN.RS), jointly owned with the energy giant Gazprom's (GAZP.RS) oil unit Gazprom Neft (SIBN.RS), the daily Vedomosti reported Monday, citing unnamed sources close to Tomskneft.

Russia Wins Pipeline War in Serbia Pact

Russia Wins Pipeline War in Serbia Pact

Russia won the right yesterday to route a major gas supply route to Europe through its ally Serbia, a move analysts described as marking a Kremlin victory in a “pipeline war” with the European Union.

Gas OPEC To Be Discussed Again In June - AFP

Gas OPEC To Be Discussed Again In June - AFP

Gas-producing countries will discuss the idea of forming a "gas OPEC" along the lines of the Organization of Petroleum Exporting Countries in Moscow in June, Qatar's energy minister said riday.

Putin Hosts Serbian Leaders For Signing Of Major Gas Deal

Putin Hosts Serbian Leaders For Signing Of Major Gas Deal

Russian President Vladimir Putin Friday hosted Serbian leaders in Moscow for the signing of a multibillion-dollar energy deal that would make Serbia a key hub for Russian energy supplies.

StatoilHydro: Oseberg South Field Shutting In On Storms

StatoilHydro: Oseberg South Field Shutting In On Storms

StatoilHydro ASA (STO) said it began a shutdown at its Oseberg South field Friday morning as a result of storms in the area, but expects the worst weather to pass over during the afternoon and may start the field back up in the evening.

EU Paper Indus: Needs More CO2 Trade Clarity,Auction Concerns

EU Paper Indus: Needs More CO2 Trade Clarity,Auction Concerns

The Confederation of European Paper Industries Thursday called for more clarity from the European Commission over plans for the European Union Emissions Trading Scheme post 2013 and said that the introduction of large-scale auctioning was a cause for concern.

DAVOS: OPEC Unsure More Oil Would Ease Prices - Qatar Oil Min

DAVOS: OPEC Unsure More Oil Would Ease Prices - Qatar Oil Min

Oil ministers from the Organization of Petroleum Exporting Countries are concerned by fears of global recession but aren't convinced that pumping more crude will alleviate high prices, Qatar's oil minister told Dow Jones Friday.

To Enter Exclusive Talks To Build 3 Albanian Power Plants

To Enter Exclusive Talks To Build 3 Albanian Power Plants

Austrian regional utility company EVN AG (EVNV.VI) said Friday it has been selected as the best bidder in a public tender for the construction of three hydro power plants in Albania.

Edison is New PPC Suitor

Edison is New PPC Suitor

Edison Hellas became the fourth bidder for cooperation with the Public Power Corporation (PPC), updating the proposal parent company Edison had submitted three years ago.

PPC Board to Meet on RWE and Halyvourgiki Proposals

PPC Board to Meet on RWE and Halyvourgiki Proposals

Electricity utility Public Power Corporation (PPC) will discuss a cooperation deal with Germany’s RWE AG at a board meeting next week, but hasn’t yet decided on a proposal by Spanish Endesa’s Greek unit, a PPC official said yesterday

Metka and GE JV Preferred Bidder for Romania Plant

Metka and GE JV Preferred Bidder for Romania Plant

Greek construction company Metka and its joint venture partner General Electric made the lowest bid to build a power station in Romania, the Greek company said yesterday.

Report: Iran, Russia Pushing For Gas OPEC -AFP

Report: Iran, Russia Pushing For 'Gas OPEC' -AFP

A group of gas-exporting states led by Iran and Russia is moving towards creating a formal body similar to the Organization of the Petroleum Exporting Nations, a Russian daily said on Thursday.