English Edition

Greek-Turkish Inauguration of Pipeline

Δευ, 19 Νοεμβρίου 2007 - 03:12

Greece and Turkey yesterday inaugurated a new pipeline transporting natural gas from the Caspian Sea region to the rest of Europe in a move expected to help diversify energy supplies and improve ties between the two rivals. Greek Prime Minister Costas Karamanlis and his Turkish counterpart Recep Tayyip Erdogan shook hands at a symbolic meeting on a bridge over the River Evros, which separates the two countries.

Russia, Bulgaria and Greece Sign Key Gas Pipeline Protocol

Δευ, 19 Νοεμβρίου 2007 - 03:11

Russia, Bulgaria and Greece last week signed a key protocol which will open the way for the realization of the long-delayed oil pipeline that will connect the Black Sea with the Aegean, Development Minister Christos Folias announced in an interview with Kathimerini yesterday.

Iranian Pres: IAEA Report Relatively Realistic - AFP

Παρ, 16 Νοεμβρίου 2007 - 03:32

Iranian President Mahmoud Ahmadinejad gave a warm welcome Friday to a key report on his country's nuclear program by the U.N. watchdog and criticized Western governments for basing their policies on the "wrong information."

Israel Slams IAEA For 'Failing To Expose' Iran Ambitions-AFP

Παρ, 16 Νοεμβρίου 2007 - 03:30

Israel slammed the U.N. nuclear watchdog Friday for failing to expose what it said was Iran's drive to acquire an atomic bomb in a key report on the latter's nuclear program. The International Atomic Energy Agency's report Thursday said Iran has made some progress in revealing the extent of its nuclear program, but that it is still defying U.N. demands to suspend its controversial uranium enrichment.

Greek-Turkish Gas Connection on Stream

Παρ, 16 Νοεμβρίου 2007 - 03:23

Greece and Turkey are getting closer both metaphorically and literally as their first joint large scale energy project gets under way next Sunday when the two countries’ prime ministers will shake hands on the bridge over the Evros river, in Thrace, and inaugurate the Greek-Turkish gas interconnector.

US President Bush To Veto Anti-OPEC Legislation - Official

Παρ, 16 Νοεμβρίου 2007 - 03:16

U.S. President George Bush would still veto legislation allowing U.S. institutions to sue the Organization of Petroleum Exporting Countries for what some lawmakers claim are its actions in pushing up oil prices, the U.S. energy attache in Saudi Arabia said Friday.

Spain Opposed To Higher Suez Stake In Gas Natural - Newspaper

Παρ, 16 Νοεμβρίου 2007 - 03:13

Spain's government would probably seek to stop France's Suez SA from increasing its stake in Spain's Gas Natural SDG SA, Expansion reports, citing comments made by industry minister Joan Clos.

OPEC Worry On Weak Dlr May Be In Summit Communique -Sources

Παρ, 16 Νοεμβρίου 2007 - 03:07

Concern by some members of OPEC over the impact of the weak dollar could find its way into the final communique to be issued by the oil producer group's leaders Sunday, sources said Friday, though only if there is consensus.

Hungary's MOL Completes Acquisition Of Italian IES

Παρ, 16 Νοεμβρίου 2007 - 03:05

Hungarian oil and gas company MOL Nyrt. said Friday that the acquisition of a 100% stake in Italy's IES was completed Nov. 15, 2007. IES is an Italian refining and marketing company, which owns and operates the Mantova refinery with a capacity of 2.6 million metric tons per year, the related wide scale logistic assets and a network of 165 retail stations.

Kremlin: Italian PM To Hold Talks With Russia's Putin - AFP

Παρ, 16 Νοεμβρίου 2007 - 03:03

Italian Prime Minister Romano Prodi is to visit Moscow Nov. 22 following an invitation for talks from President Vladimir Putin, the Kremlin said Friday.

OPEC To Propose Consumers, Suppliers Create CO2 Capture Fund

Πεμ, 15 Νοεμβρίου 2007 - 06:04

Leaders of OPEC, responsible for meeting more than 40% of the world's oil needs, is to launch this weekend an environmental initiative that seeks to bring together producers and consumers in funding the capture of carbon dioxide emissions, official sources said Thursday.

Enel CEO Says Looking At Initiatives With Gazprom In Europe

Πεμ, 15 Νοεμβρίου 2007 - 06:02

Enel SpA is looking at initiatives with OAO Gazprom in Europe as part of its relations with the Russian energy behemoth and an earlier accord, Fulvio Conti, chief executive of Italy's biggest utility by market value, said Thursday.

Iran Needs $15B A Year To Develop Oil & Gas Projects -Oil Min

Πεμ, 15 Νοεμβρίου 2007 - 06:01

Iran has recently boosted its oil and gas production capacity to 4.3 million barrels of oil equivalent a day and could reach 4.5 million barrels a day within two years, but it needs $15 billion a year to develop new projects, Iran's Oil Minister Gholam-Hossein Nozari said Thursday.