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Putin Proposes Ukraine Join Customs Union

Παρ, 5 Μαρτίου 2010 - 17:59

Russian Prime Minister Vladimir Putin Friday proposed that Ukraine enter a customs union that currently connects Moscow with Belarus and Kazakhstan, Interfax reported.

Oil-Tanker Market Expected To Improve As Economy Rebounds

Παρ, 5 Μαρτίου 2010 - 17:58

After posting heavy losses in the fourth quarter, oil-tanker companies are more optimistic for 2010 as the economic recovery is expected to stimulate oil consumption and boost shipping volumes.

S. Korea Seeks to Strengthen Energy Ties with Ghana

Παρ, 5 Μαρτίου 2010 - 14:24

President Lee Myung-bak proposed Wednesday that South Korea and Ghana step up cooperation on the development of oil and natural gas in the African nation, Lee's office said.

Chinese Cos Expected to Close on Iraqi Oil Deal - Officials

Παρ, 5 Μαρτίου 2010 - 14:23

A consortium led by Cnooc Ltd., the Hong Kong-listed unit of China National Offshore Oil Corp, is expected to be awarded Iraq's 2.5 billion-barrel Missan oil-field complex in southern Iraq after agreeing to Iraqi government proposals, officials said Thursday.

Methane Seen as Growing Climate Risk

Παρ, 5 Μαρτίου 2010 - 14:22

Methane, a potent global warming gas, is bubbling out of the frozen Arctic faster than had been expected. Methane had become trapped in the permafrost over time and a warming climate is now resulting in its release, researchers report in Friday's edition of the journal Science.

Moscow Destroyed Yukos: Court Filing

Παρ, 5 Μαρτίου 2010 - 13:42

Executives of bankrupt oil company Yukos took Russia to Europe's top human rights court yesterday, accusing Moscow of destroying the firm through illegal, crippling tax demands.

Electric Vehicle Excitement Keeps Growing

Παρ, 5 Μαρτίου 2010 - 13:40

Nissan/Renault’s Carlos Ghosn re-iterated his goal for Nissan to lead in mass market EVs, saying that his competitors - most of whom are more conservative about the near-term outlook - will be caught by a scramble for the vehicles.

Ian Bremmer: Iran is Ultimately Likely to Go Nuclear as North Korea Did

Παρ, 5 Μαρτίου 2010 - 13:33

Ian Bremmer is the president of the Eurasia Group, a New York based think-tank. He is one of the leading American experts on Russia, the Post-Soviet states and Asia. Mr.Bremmer is also the author of "The End of the Free Market: Who Wins the War Between States and Corporations?"

Gazprom to Earmark RUR 2 bln More for Gas Supply of Altai Rep

Παρ, 5 Μαρτίου 2010 - 13:32

Gazprom will allocate another 1.9 billion rubles for gas supply of the Altai Republic in 2010-2014. A total of 1.1 billion rubles were earmarked for these purposes in 2007-2009. An agreement on this issue was reached at a working meeting of Gazprom CEO Alexei Miller and head of the Altai Republic Alexander Berdnikov held in Moscow on Thursday

Kazakhstan Probes Karachaganak Consortium Over Labor, Migration

Πεμ, 4 Μαρτίου 2010 - 17:41

Kazakh prosecutors are probing BG Group (BG.LN) and Eni SpA-led (E) consortium, developing the giant oil and gas condensate field Karachaganak, for compliance with labor and migration legislation, a spokesman for the prosecutor's office said Thursday.

Gazprom CEO Expects To Return To Pre-Crisis Output Level Soon

Πεμ, 4 Μαρτίου 2010 - 17:41

Russian gas firm OAO Gazprom (GAZP.RS) expects to increase production to pre-crisis levels soon, the company's Chief Executive Alexei Miller said Thursday, following news that output in January and February rose 14% compared to a year ago.

China Agrees On Price Of Future Russia Gas Imports

Πεμ, 4 Μαρτίου 2010 - 17:40

China has agreed with Russia on the price of natural gas it will import from its northern neighbor in the future, Beijing's top energy official said Thursday.

Volga Gas Buys 75% Vostochny Makarovskoye Stake For $6.2M