English Edition

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.

Saudi Sabic Gets Regulator OK To Raise Cap 20% Via Bonus Shrs

Δευ, 21 Ιανουαρίου 2008 - 05:38

Saudi Basic Industries Corp. (2010.SA), the world's largest petrochemicals maker by market value, Monday received the market regulator's approval to raise its capital by 20% to 30 billion Saudi riyals ($8 billion) from SAR25 billion.

Iraq Suspends North Oil Exports On Pipeline Repair - Official

Δευ, 21 Ιανουαρίου 2008 - 05:36

Iraq has suspended crude oil exports from its northern oil fields due to a fault on the pipeline that carries crude from the Kirkuk oil fields to Turkey's Ceyhan port, an Iraqi oil official said Monday.

StatoilHydro Seeks Right For Extended Snohvit Start-Up Period

Δευ, 21 Ιανουαρίου 2008 - 05:34

StatoilHydro has Monday submitted an application to the Norwegian Pollution Control Authority (SFT) for an extended start-up period, and given an account of increased carbon emissions from the LNG plant at Melkoya near Hammerfest.

Greek Power Workers' Union To Strike Over PPC's Deal With RWE

Δευ, 21 Ιανουαρίου 2008 - 05:32

Workers at Greece's 51% state-controlled Public Power Corporation SA (PPC.AT) will stage a 24-hour strike Jan. 29, to protest against management plans to jointly build two new power plants in conjunction with Germany's RWE AG (RWE.XE).

UK Govt Report Calls For Halt On Biofuels Targets

Δευ, 21 Ιανουαρίου 2008 - 05:31

Production of the most commonly used biofuels should cease until the environmental impact of alternative fuels improves, said the U.K. government's Environmental Audit Committee Monday.

CEZ Bids In Romanian Tender To Build Thermal Power Plant

Δευ, 21 Ιανουαρίου 2008 - 05:29

Czech power utility CEZ AS (BAACEZ.PR) said Monday it has placed a bid in a tender of state-run Romanian utility Termoelectrica to build a new thermal power plant in this Balkan country.

BP, Rio Tinto, Abu Dhabi Target First Hydrogen Power By 2012

Δευ, 21 Ιανουαρίου 2008 - 05:28

Hydrogen Energy, a joint venture of BP PLC (BP) and Rio Tinto PLC (RTP), and Abu Dhabi plan to produce first electricity from a $2-billion hydrogen power plant in the U.A.E.'s largest emirate by 2012, the partners said in a joint statement Monday.