English Edition

Kazakhstan Seeks Compensation Or Raised Kashagan Share

Παρ, 7 Δεκεμβρίου 2007 - 02:56

ASTANA, Kazakhstan (Dow Jones)--Kazakh President Nursultan Nazarbayev Friday said his country wants compensation or an increased stake in the Eni SpA-led (E) consortium that is developing the giant Kashagan oil field, as a way to resolve the dispute over rising costs and delays in production

StatoilHydro:Snoehvit LNG Expected To Resume Output In 1H Jan

Παρ, 7 Δεκεμβρίου 2007 - 02:51

OSLO (Dow Jones)--StatoilHydro ASA (STO) said Friday in its forecast for 2008 that production at its Snoehvit onshore plant at Hammerfest won't produce any more liquefied natural gas until the first half of January due to a sea-water leakage in a heat exchanger.

Kazakh President: Changing Kashagan Operator Not On Agenda

Παρ, 7 Δεκεμβρίου 2007 - 02:41

Nazarbayev: ENI to Keep its Job as OKIOC Operator

Bomb Explodes Under Oil Pipeline In N Iraq; Flow Not Hit

Παρ, 7 Δεκεμβρίου 2007 - 02:33

BAGHDAD (AP)--Insurgents exploded a bomb Friday under a key oil pipeline in northern Iraq, but oil continues to flow through the damaged pipe, Iraqi police said.

Italy's Terna To Invest EUR1B To Renew Electricity Lines

Πεμ, 6 Δεκεμβρίου 2007 - 02:17

Terna SpA (TRN.MI), Italy's biggest power grid company in terms of transmission lines, said Wednesday it is planning to invest EUR1 billion to revamp its high-voltage electricity network in Italy

Gazprom Says Wide Gap With CNPC On Natural Gas Supply Prices

Πεμ, 6 Δεκεμβρίου 2007 - 02:10

BEIJING (Dow Jones)--OAO Gazprom (GAZP.RS) is seeking a price "considerably higher" than China National Petroleum Corp. is willing to pay for 68 billion cubic meters of Russian natural gas due to be delivered to China annually after 2010, a senior Gazprom official said Thursday.

THE SKEPTIC: Gazprom Rises On Russian Privileges

Πεμ, 6 Δεκεμβρίου 2007 - 02:05

LONDON (Dow Jones)--Call it the Kremlin premium. Gazprom shares rose about 5% Wednesday, to $14.10, despite a pretty awful set of first-half accounts.

Israel Iran Expert Warns Tehran Could Make Bomb By 2009

Πεμ, 6 Δεκεμβρίου 2007 - 01:58

Israel Persistent on Accusations of Iranian Nuclear Program

Kazakh PM Defends Right To Arbitrate Natural Resources Pacts

Πεμ, 6 Δεκεμβρίου 2007 - 01:56

ALMATY, Kazakhstan (Dow Jones)--Kazakh Prime Minister Karim Masimov Thursday defended his government's right to intervene in natural resources contracts if investors violate their terms or try to sell their resources business

Swiss BKW Takes Stake In 2 Italian Biomass Plants

Πεμ, 6 Δεκεμβρίου 2007 - 01:53

ZURICH (Dow Jones)--Swiss utility BKW FMB Energy Ltd (BKWN.EB) said Thursday it is expanding its presence in Italy by acquiring minority interests in two biomass plants in the Campania region and on the island of Sardinia

US: Iran Assessment Won't Alter Euro Missile Defense Plans

Πεμ, 6 Δεκεμβρίου 2007 - 01:50

WASHINGTON (AP)--The United States says it will not alter plans to build a missile defense system in Europe despite findings by U.S. intelligence agencies that Iran does not have an active nuclear weapons program

OPEC Agrees To Hold Production Unchanged But Meet Jan

Τετ, 5 Δεκεμβρίου 2007 - 08:56

ABU DHABI (Dow Jones)--The Organization of Petroleum Exporting Countries opted Wednesday to hold current oil production steady and review market conditions in January as it surveys global economic growth and energy demand.

Gulf States Move Towards a Singe Currency

Τετ, 5 Δεκεμβρίου 2007 - 02:39

Leaders of the Gulf Cooperation Council (GCC) have decided at their annual summit to stick to a 2010 date to launch their single currency, the GCC chief told reporters yesterday.