English Edition

Iraq Resumes Oil Exports After Pipeline Sabotage

Πεμ, 24 Δεκεμβρίου 2009 - 15:56

Oil exports from northern Iraq resumed Thursday after a temporary halt due to the weekend sabotage of the pipeline to the Turkish port of Ceyhan, the oil ministry said.

LNG Cargo Expected Soon From Snoehvit Field

Πεμ, 24 Δεκεμβρίου 2009 - 15:55

Statoil ASA (STO) Wednesday said it will soon export a cargo of liquefied natural gas from its Snoehvit field in north Norway after the onshore processing plant at Melkoeya restarted last week.

Bulgaria Passes Long-delayed CO2 Emissions Plan

Πεμ, 24 Δεκεμβρίου 2009 - 14:15

Bulgaria (AFP)--Bulgaria has finally passed its revised 2008-12 carbon plan, Environment Minister Nona Karadzova said Wednesday. The government allocated carbon-emissions permits to some 132 industrial installations, which they can now trade with other businesses.

Turkey Confident About Oil Supply

Πεμ, 24 Δεκεμβρίου 2009 - 14:12

Turkey sees Russian, Kazakh and Turkmen oil filling most of a planned $4 billion pipeline from its Black Sea coast to the Mediterranean port at Ceyhan, Energy Minister Taner Yildiz said. Turkey also expects to sign an agreement with the Azeri government on procuring extra natural gas, Yildiz said. A disagreement about pricing and diplomatic wrangling over Armenia has held up the deal.

EDF Could Swap Power With Gazprom For Gas, Pipeline Stake

Τετ, 23 Δεκεμβρίου 2009 - 17:44

French utility Electricite de France SA (EDF.FR) could swap power for gas with Russia's Gazprom OAO (GAZP.RS) and EDF may even pay with power for its stake in a gas pipeline, Les Echos newspaper reports Wednesday, citing a person close to talks between the two companies.

Kazakh KazMunaiGas EP Closes PetroKazakhstan Stake Acquisition

Τετ, 23 Δεκεμβρίου 2009 - 17:42

London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Wednesday it has completed the acquisition of a 33% stake in PetroKazakhstan Inc. from its parent company KazMunaiGas.

Iraq Has Master Plan To Boost Oil Exports

Τετ, 23 Δεκεμβρίου 2009 - 17:37

Iraq is working on a "master plan" to construct new infrastructure to boost the country's oil export capacity, after the award earlier this year of 10 large contracts to international oil companies, the country's Oil Minister Hussein al-Shahristani said Wednesday.

Iraq To More Than Double Crude Exports To China In 2010

Τετ, 23 Δεκεμβρίου 2009 - 17:33

Iraq will more than double its exports of crude oil to China in 2010 as energy demand there continues to grow at a fast pace due to an economic recovery, according to a TimesOnline report Wednesday.

Italy's Cabinet OKs Nuclear Plant Location Rules Draft Layout

Τετ, 23 Δεκεμβρίου 2009 - 17:30

Italy's government Tuesday approved the layout of a draft decree that sets the rules to pick the sites for the new nuclear plants as it aims to see a 2013 start in the construction of the first atomic facility after a ban of more than two decades.

EDF Energy Accepts UK Regulator's Power Grid Proposals

Τετ, 23 Δεκεμβρίου 2009 - 17:28

The U.K. arm of Electricite de France SA (EDF.FR) became Wednesday the second utility to accept gas and electricity market regulator Ofgem's proposed rules on how much companies can invest in local electricity distribution networks from 2010 to 2015.

EU To Open Talks With Russia On Nuclear Energy Deal

Τρι, 22 Δεκεμβρίου 2009 - 18:57

European Union countries on Tuesday agreed to start negotiations with Russia on nuclear energy cooperation, the bloc's executive said.

Gazprom, Naftogaz Agree To Move Dec Gas Payment Date to Jan 11

Τρι, 22 Δεκεμβρίου 2009 - 18:55

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) and Ukraine's state gas company Naftogaz have agreed to postpone the payment for Russia's gas delivery for December to Jan. 11, 2010 from Jan. 7, Gazprom said Tuesday.

OPEC Pres: Non-OPEC Should Contribute To Tighter Oil Output

Τρι, 22 Δεκεμβρίου 2009 - 18:54

The president of the Organization of Petroleum Exporting Countries said Tuesday that non-OPEC oil producers had taken advantage of the reduction in output undertaken by the group and called on them to cooperate.