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Sinopec agrees to triple imports from Iran

China's top refiner Sinopec Corp will nearly triple its imports of Iranian crude next year, increasing Beijing's reliance on the OPEC producer that faces Western political pressure over its nuclear program.

Russian Nuclear Giant Eyes Entry To UK Market -Report

LONDON (Dow Jones)--Russian nuclear energy giant Atomenergoprom is seeking partners with which it can build new nuclear power plants in the U.K., The Times of London reports Friday

GdF Forecasts Unch, Despite Price Request-Kepler

Venezuela Would Support Brazil's OPEC Membership

CARACAS (Dow Jones)--Venezuela plans to support Brazil's possible membership in the Organization of Petroleum Exporting Countries, Venezuela's oil minister said Thursday.

Brazil May Join OPEC In The Future - President Lula

CARACAS (Dow Jones)--Brazilian President Luiz Inacio Lula da Silva said Thursday that his country was close to joining the Organization of Petroleum Exporting Countries and that it could become part of the organization in the next few years.

IEA: Global Refinery Runs Seen At 74.9M B/D For December

LONDON (Dow Jones)--Global crude oil refinery utilization has rebounded after seasonal maintenance and is set to hold at higher levels the International Energy Agency said Friday.

Commissioner Piebalgs Calls on Energy Companies to Play an Active Role in Implementing the new Euro-Mediterranean region Energy Partnership

European Energy Commissioner Andris Piebalgs participated today as a keynote speaker in the Observatoire Méditerranéen de l'Energie General Assembly meeting in Brussels with a presentation on the future of the Euro-Mediterranean energy relations.

Russia, Iran OK Completion Schedule For Nuclear Plant

MOSCOW (AP)--Russia and Iran reached an agreement Thursday on a schedule for finishing construction of the Bushehr nuclear plant, which plays a central role in the international tensions over Iran's nuclear program, Russian news agencies reported.

Iraq Awards About 6 Mln Bbl Kirkuk Oil In Tender Official

AMMAN (Dow Jones)--Iraq's State Oil Marketing Organization, or SOMO, Thursday awarded its 11th and likely final tender of Kirkuk crude this year to five companies, selling nearly 6 million barrels, a senior Iraqi oil official said.

Column: American Intelligence

The citizens of the free world have nothing to worry any more -- America's spy masters have recovered their missing crystal ball. No fewer than 16 U.S. intelligence agencies have just told us that the Iranian nuclear program really is not so dangerous. According to the National Intelligence Estimate, Tehran has, for reasons yet to be explained, supposedly stopped the military plank of its atomic research.

Iraqi Oil Is Easing Supply Strain

AMMAN, Jordan -- Amid today's tight crude markets, hundreds of thousands of extra barrels of oil have helped ease the strain. They are coming from a surprising source: Iraq.

Swiss Utilities Plan To Build 2 New Nuclear Pwr

ZURICH (Dow Jones)--Swiss energy companies Axpo Holding AG and BKW FMB Energie AG (BKWN.EB) on Thursday said they will form a joint venture that will focus on the planning of two new nuclear power plants in Switzerland that should replace two existing ones by around 2020.

US Senate To Vote Thurs On Energy Bill; Fate In Doubt

WASHINGTON (Dow Jones)--Senate Majority Leader Harry Reid, D-Nev., late Wednesday formally moved for the second time to try to get around Republican opposition to a wide-ranging energy bill, but the fate of his effort hangs in doubt amid threats of a White House veto and resistance from a number of lawmakers.