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Russia Will Find Civilized Solution To Kovykta Case

Δευ, 19 Απριλίου 2010 - 19:24

Russia will find a "civilized" solution to the situation surrounding the huge Kovykta gas condensate field in Siberia, which is owned by BP PLC's (BP) Russian joint venture TNK-BP Ltd., Russia's Natural Resource Minister Yuri Trutnev said Monday.

Russia, Qatar Set To Announce Cooperation Gas Agreement

Δευ, 19 Απριλίου 2010 - 19:22

Russia and Qatar are set to unveil a statement agreeing to closer cooperate in the gas sector, a person familiar with the matter said Monday.

Russian Minister: Shale Gas A Threat To Gazprom

Δευ, 19 Απριλίου 2010 - 19:20

Production of shale gas poses a threat to Russian gas giant OAO Gazprom (GAZP.RS), the country's Natural Resource Minister Yuri Trutnev said Monday.

Exxon To Lead Iraq Water Injection Project In South-Official

Δευ, 19 Απριλίου 2010 - 19:18

U.S. giant Exxon Mobil Corp. (XOM) will be the leader of a multibillion joint water injection project planned to be set up in southern Iraq to help offset a water problem facing oil fields development, a senior Iraqi oil official said Monday.

Iran in Talks with UN Security Council

Δευ, 19 Απριλίου 2010 - 18:18

Iran plans to hold talks with all 15 members of the UN Security Council to discuss a nuclear fuel deal, Foreign Minister Manouchehr Mottaki said on Monday. He said the deal, under which Iranian stockpiles of low-enriched uranium would be sent to France and Russia to be turned into reactor fuel, could be finalized in two weeks if all sides showed the necessary will, Iran's ILNA news agency reports

Russia, Qatar Plan Joint Gas Projects in Russian Arctic

Δευ, 19 Απριλίου 2010 - 18:17

Russia and Qatar are planning joint projects to develop gas deposits on the Yamal Peninsula in the Russian Arctic, the energy ministers of both countries said in a joint statement on Monday.

Romania, Georgia and Azerbaijan Study on New Gas Transport Route

Δευ, 19 Απριλίου 2010 - 17:56

Romania, Georgia and Azerbaijan start a feasibility study to assess whether a gas transport on the Azerbaijan-Georgia-Romania route is possible. The three parties agreed to call the project AGRI – Azerbaijan Georgia Romania Interconnection. Romanian minister Videanu says AGRI could be completed before Nabucco.

China Lends Venezuela $20 Billion, Secures Oil Supply

Δευ, 19 Απριλίου 2010 - 14:11

China, the world’s second-biggest oil user, will lend Venezuela $20 billion and form a venture to pump crude from an Orinoco Belt block, President Hugo Chavez said as he promised to meet the Asian country’s energy needs.

The World Currently Consumes Oil at a Rate of About 40,000 US Gallons per Second

Δευ, 19 Απριλίου 2010 - 13:44

According to David O’Reilly the CEO of CHEVRON, the world currently consumes oil at a rate of about 40,000 US gallons per second. He says, “the scale of the energy system is enormous.”

Evros Objects to Pipeline Bill

Δευ, 19 Απριλίου 2010 - 13:27

Local officials in Evros, northeastern Greece, have voted against the government’s plans to speed up the legislative procedure that paves the way for the construction of the Burgas-Alexandroupoli oil pipeline.

New Gas Field 26 bln cub m Reserves Confirmed in Irkutsk Region

Δευ, 19 Απριλίου 2010 - 13:23

The Russian Federal Agency for Subsoil Use has confirmed the deposits of the Naryaginskoye gas field that has been discovered in the territory of the Ust-Kut and Kazachinsko-Lenskoye districts of the Irkutsk region. The total area of the license field is 2,500 square kilometres, the initial gas-in-place under the categories C1+C2 exceeds 26 billion cubic metres

Iran Stores Oil Offshore As Crude Demand Tapers Off

Παρ, 16 Απριλίου 2010 - 19:36

Iran is believed to be storing large volumes of crude oil on tankers in the Persian Gulf, a sign of ebbing spring demand for heavy sour crude at a time when the global economic crisis has already sapped the appetite for oil and crude products.

Iceland Volcano Unlikely To Slow Global Warming - Scientists

Παρ, 16 Απριλίου 2010 - 19:36

Big volcanic eruptions have had a cooling effect on Earth's climate, but the Icelandic event is too small to provide any such respite from man-made global warming, scientists said Friday.