English Edition

BP: The Return of the Prodigal Oilman

Τετ, 4 Αυγούστου 2010 - 14:38

The new and outgoing CEOs of BP are scheduled to meet with Deputy PM Sechin today to discuss the future of BP’s operations in the country. It will be the first time that Robert Dudley has been in Russia since his hasty departure during the BP-AAR dispute in 2008.

Naftogaz Ukrainy Owes Gazprom $780 mln for July Gas Supply

Τετ, 4 Αυγούστου 2010 - 14:36

The Naftogaz Ukrainy (Oil and Gas of Ukraine) company in August should pay to Russia’s natural gas monopoly Gazprom 780 million US dollars for gas received in July, Naftogaz CEO Yevgeny Bakulin told journalists on Wednesday.

Iran's Ahmadinejad Unhurt After Blast Near Motorcade

Τετ, 4 Αυγούστου 2010 - 14:36

Iranian President Mahmoud Ahmadinejad was unharmed by an attack with a homemade explosive device on his motorcade during a visit to the western city of Hamadan on Wednesday, a source in his office said.

BP Sells $1.9B Colombian Assets To Ecopetrol,Talisman

Τρι, 3 Αυγούστου 2010 - 18:10

BP PLC (BP) said Tuesday it has agreed to sell its Colombian oil and gas exploration and production business to Ecopetrol SA (ECOPETROL.BO) and Talisman Energy Inc. (TLM.T) for $1.9 billion.

Thieves Target E.ON's UK Power Network For Copper Cabling-E.ON

Τρι, 3 Αυγούστου 2010 - 18:09

Thieves are attacking the U.K. power network of German utility E.ON AG (EAON.XE) chopping down wooden electricity poles to get to the wires that contain valuable metals such as copper, the company said Tuesday, in the latest in a rash of commodities heists spurred by high prices.

Kuwait Oil Minister Urges Russia To Cooperate With OPEC -Report

Τρι, 3 Αυγούστου 2010 - 18:09

Kuwait is calling on Russia to cooperate more closely with the Organization of Petroleum Exporting Countries, reports RIA Novosti on its website Tuesday, citing the country's information and oil minister.

RWE Gas Grid Unit Sees Strong Demand For Germany-Belgium Pipeline

Τρι, 3 Αυγούστου 2010 - 18:09

RWE AG's (RWE.XE) natural gas transmission grid operator Thyssengas GmbH said Tuesday it is continuing with its plans to build a 520-kilometer gas pipeline from northern Germany to Belgium after a market test showed strong demand.

China: Energy Intensity Rises 0.09% In 1st Half

Τρι, 3 Αυγούστου 2010 - 18:08

China's energy intensity rose 0.09% from a year earlier in the January-June period, the National Bureau of Statistics said Tuesday.

Iran Oil Minister Heads To China Seeking New Investment-Report

Τρι, 3 Αυγούστου 2010 - 18:08

Iranian Oil Minister Massoud Mirkazemi heads to China Wednesday seeking new investments in the country's energy sector, including funding for new refineries, a report said Tuesday.

PPC Workers Threaten Action

Τρι, 3 Αυγούστου 2010 - 15:02

Gas stations were able to start serving customers yesterday as truck drivers returned to work but there was no letup in the pressure on the government as Public Power Corporation (PPC) unionists said that they are prepared to “go to extremes” in their opposition to plans to sell off 40 percent of PPC’s power plants.

Bulgaria To Pick Consultant for Belene N-Plant Project by End-August

Τρι, 3 Αυγούστου 2010 - 13:57

Bulgaria will pick by the end of the month an advisor that will help find a strategic investor for the construction of the country's second nuclear power plant, Economy and Energy Minister Traicho Traikov said on Monday.

Lithuania to Build Amber Pipeline Without Russia - paper

Τρι, 3 Αυγούστου 2010 - 13:55

Lithuanian gas company Lietuvos Dujos and Polish Gaz System signed on Monday a memorandum on the construction of the Amber pipeline, which was abandoned by Russian oil giant Gazprom in favor of the Nord Stream pipeline, Kommersant business daily said on Tuesday.

Kuwait May Consider Buying BP Assets: Oil Minister

Τρι, 3 Αυγούστου 2010 - 13:54

State-run Kuwait Petroleum International may be interested in buying some of BP's assets, the country's oil minister told journalists in Moscow on Tuesday, after meeting with Russia's Energy Minister.