English Edition

UK PM: Copenhagen Talks Difficult, But Deal Still Possible

Τετ, 16 Δεκεμβρίου 2009 - 19:04

U.K. Prime Minister Gordon Brown said Wednesday he was under no illusions about how difficult climate negotiations in Copenhagen are, but is upbeat about reaching a deal.

Exxon To Become Largest US Nat Gas Producer-EIA

Τετ, 16 Δεκεμβρίου 2009 - 19:03

After acquiring XTO Energy Inc. (XTO), a strengthened Exxon Mobil Corp. (XOM) would be the largest natural gas producer in the U.S. - and the fourth largest producer of crude and liquids, says the U.S. Energy Information Administration.

China Will Let Poor Nations Take Climate Funding Priority

Τετ, 16 Δεκεμβρίου 2009 - 19:03

China is willing to allow poorer developing nations take priority in receiving rich nations' funding to combat climate change, the nation's assistant minister of finance said here Wednesday.

Iran Missile Test Undermines Claim Of Peaceful Intent

Τετ, 16 Δεκεμβρίου 2009 - 19:02

Iran's medium-range missile test undermines the Islamic republic's claim of peaceful intentions and increases world resolve against Tehran's nuclear aims, the White House said Wednesday.

Rosneft CEO: 2010 Oil Output Seen 4%-5% Higher On Year

Τρι, 15 Δεκεμβρίου 2009 - 20:24

Russia's biggest oil producer OAO Rosneft (ROSN.RS) aims to increase its oil output in 2010 by between 4% and 5% on the year, the company's Chief Executive Sergey Bogdanchikov said Tuesday.

Russia-Led Gas Group Doesn't Rule Out OPEC-like Cartel

Τρι, 15 Δεκεμβρίου 2009 - 20:23

The Gas Exporting Countries Forum, or GECF, has no immediate plans to coordinate output volumes to regulate prices but doesn't rule out becoming an Organization of Petroleum Exporting Countries-like cartel in the future, the group's newly elected general-secretary, Leonid Bokhanovsky, said Tuesday.

MOL CEO: No Major Acquisitions In Coming Years

Τρι, 15 Δεκεμβρίου 2009 - 20:22

Hungarian oil and gas company MOL Nyrt. (MOL.BU) doesn't plan large acquisitions in the next few years following the purchasing a 47.15% in Croatian oil and gas arm company INA (INA.ZG), Chief Executive Zsolt Hernadi told German daily Handelsblatt in an interview.

Kuwait Says GCC Not Threatened By Iraqi Oil Plans

Τρι, 15 Δεκεμβρίου 2009 - 20:21

Kuwait's foreign minister Sheikh Mohammad al-Salem al-Sabah said Tuesday the Gulf Cooperation Council, or GCC, are "not threatened" by Iraq's plans to expand its oil production.

Eni Starts Production Of The Oyo Oil Field In Offshore Nigeria

Τρι, 15 Δεκεμβρίου 2009 - 20:20

Eni SpA (E), Italy's biggest energy company by market value, Tuesday said it has started, with its partners, production at the Oyo oil field offshore Nigeria, which can initially produce about 25,000 barrels a day.

GDF Suez Arm To Build New Power Plant In Poland

Τρι, 15 Δεκεμβρίου 2009 - 20:19

Electrabel Polska, a unit of French energy company GDF Suez SA (GSZ.FR), is to build a gas-fired power station in Poland, which is striving to reduce its reliance on coal, authorities said Tuesday.

UN Chief Urges World Leaders To Find Climate Compromise

Δευ, 14 Δεκεμβρίου 2009 - 18:47

Warning that time is running out, United Nations chief Ban Ki-moon appealed to world leaders Monday to redouble efforts to secure a compromise deal on climate change in Copenhagen late this week.

EU Doesn't Recognize Abkhazia Election

Δευ, 14 Δεκεμβρίου 2009 - 18:27

The European Union does not recognize the presidential election in the breakaway region of Abkhazia and continues to back Georgia's territorial integrity, the Swedish E.U. presidency said Monday.

Iraq Ends Successful Oil Bid Round, Output Seen Tripled

Δευ, 14 Δεκεμβρίου 2009 - 18:25

Iraq has taken an important step to revive its struggling oil industry, battered by years of war and sanctions, by awarding some of its attractive oil fields to international companies that pledged to triple the country's oil output.