English Edition

Total CEO Doesn't Believe A European Carbon Tax Is Feasible

Τετ, 24 Μαρτίου 2010 - 19:18

French oil major Total SA's (TOT) Chief Executive Christophe de Margerie said Wednesday he doesn't believe a European carbon tax is feasible, and added that if such a tax were to be introduced it should be global or not at all.

Moscow Confirms Will Sign Russia-US Nuclear Disarmament Treaty In Prague-Embassy

Τετ, 24 Μαρτίου 2010 - 19:17

The new Russian-U.S. nuclear disarmament treaty will be signed in Prague, Moscow's ambassador to the Czech Republic confirmed Wednesday.

Russian Oil Firm LUKoil Expects to Return to Iran Project

Τετ, 24 Μαρτίου 2010 - 18:05

Russia's largest private crude producer LUKoil said on Wednesday it hoped to return to its Iran project under more favorable economic conditions. "We have kept our rights to this project and are ready to return to it under a favorable economic situation," Stanislav Kuzyayev, head of LUKoil Overseas in charge of company's projects abroad, said

Russia Wants Greater Oil, Gas Coordination with Qatar

Τετ, 24 Μαρτίου 2010 - 18:04

Russian Prime Minister Vladimir Putin said on Wednesday that Russia and Qatar, two of the world's largest hydrocarbon producers, should coordinate their activity on global gas and oil markets.

European Commission, EIB support EUR 1 bn investment by cities, regions in energy efficiency, renewables

Τετ, 24 Μαρτίου 2010 - 16:15

The European Commission and European Investment Bank (EIB) expect the European Local Energy Assistance (ELENA) facility launched in December to support more than EUR 1 billion of energy efficiency and renewable energy projects in 2010.

Ukraine Govt Drafts Budget Based on Russian Gas Price of $ 334

Τετ, 24 Μαρτίου 2010 - 13:54

Ukraine’s government is calculating the country’s 2010 budget based on Russian gas prices of 334 U.S. dollars per cubic meter, although the final price will be established after bilateral talks, Ukrainian Deputy Prime Minister Sergei Tigipko told a briefing on Wednesday.

British-Russian TNK-BP Wants to Say Goodbye to Siberian Gas Field

Τετ, 24 Μαρτίου 2010 - 13:53

The Russian-British joint oil venture TNK-BP has confirmed its readiness to sell a huge Siberian gas field after several years of attempts to recoup its investments, a business daily reported on Wednesday.

Iraq February Oil Revenues At $4.229 Billion - Oil Ministry

Τρι, 23 Μαρτίου 2010 - 18:43

Sales from Iraqi crude oil exports in February totaled $4.229 billion compared with $4.416 billion in the previous month, the Iraqi Oil Ministry said in a statement Tuesday. It said the State Oil Marketing Organization, or SOMO, sold its crude in February at an average monthly price of $73.04 a barrel, compared with $73.97 a barrel in January.

France To Abandon Plans For Carbon Tax – Lawmakers

Τρι, 23 Μαρτίου 2010 - 18:43

France will abandon its planned carbon fuel tax which aimed to curb global warming, lawmakers said Tuesday, quoting Prime Minister Francois Fillon.

Shell, CNPC Agree 30-Year China Natural Gas Project

Τρι, 23 Μαρτίου 2010 - 18:42

International oil companies like Royal Dutch Shell PLC (RDSA.LN, RDSA) are betting they can tap unconventional sources of natural gas in China and copy their success in the U.S., where new techniques have uncovered vast domestic supplies that are reducing reliance on imports for decades to come.

Iron Ore Monopoly Should Be Opposed-China Official

Τρι, 23 Μαρτίου 2010 - 18:42

The monopoly in iron ore pricing is damaging China's economy and should be opposed, a senior research fellow at a Chinese state research center said Tuesday. "There is a monopoly in pricing and price is not decided by supply and demand," Hu Jiangyun said at a United Nations forum here.

Gasunie Has Pulled Out Of RWE Gas Grid Bid Consortium – Exec

Τρι, 23 Μαρτίου 2010 - 18:41

Dutch gas transporter Gasunie NV has pulled out of a consortium bidding for RWE AG's (RWE.XE) natural gas grid, a Gasunie executive said Tuesday. Gasunie is no longer a partner in the consortium bidding for RWE's distribution network, Thyssengas, Jens Schumann, head of Gasunie Transport Services in Germany said, speaking at the Dow Jones Gas Market Conference.

Lukoil CEO: ConocoPhillips Confirms Plan To Sell Stake In Co

Τρι, 23 Μαρτίου 2010 - 18:41

OAO Lukoil Holdings (LKOH.RS) shares fell as much as 2.3% Tuesday after the Russian oil producer's chief executive said it has no plans to buy back its shares from ConocoPhillips (COP).