English Edition

Melrose Looking to Bulgaria Gas

Τρι, 22 Ιανουαρίου 2008 - 05:12

Melrose Resources plans to start extracting gas from a Bulgarian Black Sea offshore block by the middle of 2009, it said yesterday.

Serbia: Toward Russia or EU?

Τρι, 22 Ιανουαρίου 2008 - 05:02

Serbs face a choice between a nationalist who leans toward Russia and a liberal favoring the West in a presidential election runoff next month. Both candidates oppose independence for the breakaway province of Kosovo, expected to be declared soon after the second round vote with the backing of the West.

EU Emission Plans will Hit Coal Plants

Τρι, 22 Ιανουαρίου 2008 - 04:58

European Commission proposals to be published tomorrow will force power generators to pay for carbon-emissions permits and could chop profits at companies which burn coal to produce electricity, analysts said yesterday.

Dimas Urges Greener Policies

Τρι, 22 Ιανουαρίου 2008 - 04:54

European Environment Commissioner Stavros Dimas called on Greece yesterday to implement more effective ecological measures and expressed concern over whether the government will move ahead with building a park in the Hellenikon area of southern Athens.

Iraq Extends Registration For Intl Oil Companies To Feb 18

Τρι, 22 Ιανουαρίου 2008 - 04:16

Iraq has extended to Feb. 18 its invitation for international oil companies to submit registration documentation to bid for participation in the development of some of Iraq's prized oil fields, the Oil Ministry announced Tuesday.

Dana Gas Secures Approval For Nigeria Offshore Oil, Gas Block

Τρι, 22 Ιανουαρίου 2008 - 04:09

U.A.E.-based oil and gas company Dana Gas said Tuesday its ownership of an oil and gas block offshore in West Africa's Gulf of Guinea had been approved by local authorities.

Oil Majors To Meet Iraqis Thu To Discuss Tech Pacts-Official

Τρι, 22 Ιανουαρίου 2008 - 04:07

An Iraqi Oil Ministry delegation will meet in Amman later this week with senior executives from five oil majors to discuss the possibility of signing technical support agreements to help develop five oil fields, an Iraqi oil ministry spokesman said Tuesday.

Iran Gets 5th Shipment Of Russian Fuel For Nuclear Pwr Plant

Τρι, 22 Ιανουαρίου 2008 - 02:40

Iran received the fifth shipment of nuclear fuel from Russia on Tuesday for a power plant being constructed in the southern port of Bushehr, state radio reported.

Oilex: Sarha-1 Well Reaches Total Depth Of 1,890 Metres

Τρι, 22 Ιανουαρίου 2008 - 02:38

Oilex said Tuesday that the Sarha-1 exploration well, the first of three exploration wells that will be drilled in a continuous sequence by Oilex in the Block 56 Production Sharing Contract Area, Sultanate of Oman has reached total depth (TD) of 1,890 metres measured depth in the Cambrian Huqf Formation.

Urals Energy Awards $60M Of Dulisma Infrastructure Deals

Τρι, 22 Ιανουαρίου 2008 - 02:35

Urals Energy Public Company, a independent exploration and production company with operations in Russia, said Tuesday that it has awarded contracts totalling almost $60 million for the construction of the first stage of the central processing facilities, infield gathering system and export pipeline system which are scheduled for completion by end of 2008.

German Min: New Talks Will Show Iran Nuclear Concerns Remain

Τρι, 22 Ιανουαρίου 2008 - 02:30

Germany's foreign minister said Tuesday that the result of a meeting of six key powers in Berlin will show Iran that concerns remain over its nuclear program.

Polish Lotos CEO: Sees Merger With Orlen In 3-5 Yrs - Report

Τρι, 22 Ιανουαρίου 2008 - 02:28

Poland's two oil refiners PKN Orlen (PKN.WA) and Grupa Lotos (LTS.WA) should merge within three to five years as part of a larger tie-up with a European oil major, Lotos Chief Executive Pawel Olechnowicz told the daily Parkiet in an interview published Tuesday.

DJ German Econ Min Plans Measure For Faster Pwr Grid Expansion

Τρι, 22 Ιανουαρίου 2008 - 02:23

German Economics Minister Michael Glos Tuesday said his ministry is working out measures aimed at promoting investment in power grids to ensure a faster expansion of the networks.

Fuel Rules ‘Are not Enough to Protect Consumers’

Δευ, 21 Ιανουαρίου 2008 - 06:42

Illegal trading and adulteration remain two of the biggest problems plaguing the domestic fuel sector, according to the findings of a survey conducted by the Foundation for Economic and Industrial Research (IOBE).

Premier’s Trip Holds no Big Expectations

Δευ, 21 Ιανουαρίου 2008 - 06:39

The Greek administration is keeping its eyes wide open ahead of Prime Minister Costas Karamanlis’s official visit to Ankara on Wednesday – from which no major developments are expected – in order to ensure it does not turn into a complete disaster.

OPEC Governors Chmn:Oil Output Hike Possible,Others Disagree

Δευ, 21 Ιανουαρίου 2008 - 06:17

AMMAN (Dow Jones)--The chairman of OPEC's board of governors Monday said some in the group could press for an increase in output of as much as a million barrels a day at its Feb. 1 meeting, a view that contrasts sharply with oil ministers and other officials who have rejected any notion of a hike.