English Edition

Statoil Wins Exploration Licenses

Τρι, 19 Ιανουαρίου 2010 - 18:40

Norwegian oil company Statoil ASA (STO) said Tuesday it has been awarded shares in eight exploration licenses on Norway's continental shelf by the Ministry of Petroleum and Energy.

Iran Sees, Welcomes West's New 'Realism' On Nuclear Ambitions

Τρι, 19 Ιανουαρίου 2010 - 18:39

Iran on Tuesday welcomed what it called the West's newfound "realism" on Tehran's controversial nuclear program after world powers failed to decide on new sanctions. Foreign Ministry spokesman Ramin Mehmanparast told reporters: "Speaking of sanctions is repetitive and it isn't constructive.

Gazprom Sure of Continued Timely Gas Payment After Ukraine Vote

Τρι, 19 Ιανουαρίου 2010 - 17:24

Gazprom CEO Alexei Miller said on Tuesday he could foresee no problems with gas payments by Ukraine after the presidential elections in the former Soviet republic. "Ukraine pays for gas under the contract in full. After the elections, the situation will not change and a regular payment is due to be made on February 7. I am confident that Ukraine will pay in full," Miller said

Oil Falls Below $78 as OPEC Trims Demand Outlook

Τρι, 19 Ιανουαρίου 2010 - 17:23

Oil fell below $78 a barrel on Tuesday, extending its recent losing streak, as producer group OPEC said supply was ample enough to meet winter demand and trimmed estimated demand for its oil.

Gazprom Finds Buyers for Half of Nord Stream Pipeline Gas

Τρι, 19 Ιανουαρίου 2010 - 17:22

Russia’s natural gas concern Gazprom has already found buyers for half of the volumes of gas that will be supplied to Europe through the North European pipeline Nord Stream, Managing Director of the consortium of companies for the pipeline construction Matthias Warnig told the German economic magazine Euro in an interview.

Greece to Invite Eurostat Member to Serve on Statistics Agency

Τρι, 19 Ιανουαρίου 2010 - 17:20

Greece will invite a Eurostat official to serve on the government’s statistics agency, Greek Finance Minister George Papaconstantinou said.

IMF Program,Exchange Rate At Stake In Ukraine Election

Δευ, 18 Ιανουαρίου 2010 - 17:30

A victory by Yulia Tymoshenko is Ukraine's presidential elections would mean a faster resumption of the International Monetary Fund's austerity program, but whoever comes out ahead will be forced to stick to the plan because of the country's heavy debts and the steep economic contraction of 2009, analysts said.

Russia Seen Seeking Control Of Belarus Refineries

Δευ, 18 Ιανουαρίου 2010 - 17:30

Russia may end up gaining control of Belarussian refinery assets, as the outcome of an ongoing oil pricing dispute between the two countries, says Metropol, noting Belarus is unlikely to raise transit fees.

Shell-Petronas Grp Inks Accord For Iraq Majnoon Oil Field

Δευ, 18 Ιανουαρίου 2010 - 17:29

A consortium made up of Royal Dutch Shell PLC (RDSA) and Malaysia's Petronas finalized in Baghdad Sunday an agreement to develop southern Iraq's supergiant Majnoon oil field, having won the contract in the country's historic second oil-field auction held in December.

Iraq To Ink Seven Oil Field Deals This Month

Δευ, 18 Ιανουαρίου 2010 - 17:28

The Iraqi oil ministry will finalize by the end of this month seven deals for oil fields won in Iraq's second round of bidding held in December as all winning companies have agreed to new amendments, a senior oil ministry official said Sunday.

Polish Baltic Port To Export More Russian Oil At End Of Jan

Δευ, 18 Ιανουαρίου 2010 - 17:27

Naftoport, a Polish oil terminal on the Baltic Sea coast in Gdansk, will export more Russian oil at the end of January, the company's chief executive said Monday.

EU, Iraq Sign Energy Partnership Agreement

Δευ, 18 Ιανουαρίου 2010 - 17:25

Naftoport, a Polish oil terminal on the Baltic Sea coast in Gdansk, will export more Russian oil at the end of January, the company's chief executive said Monday.

Somali Pirates Release Greek Tanker

Δευ, 18 Ιανουαρίου 2010 - 12:43

NAIROBI, Kenya -- Somali pirates released a Greek supertanker and its crew of 28 on Monday after a rival pirate group attacked the pirates onboard in an unsuccessful attempt to steal the ransom, the spokesman for the European Union's antipiracy force said.