English Edition

Sinopec: Shengli Oilfield 2009 Crude Output 27.91 Million Tons

Πεμ, 31 Δεκεμβρίου 2009 - 11:16

China Petroleum & Chemical Corp. (SNP), or Sinopec Corp., produced a record 27.91 million metric tons of crude oil at its largest Shengli oilfield this year, the company's in-house newsletter said Thursday.

Sonangol Signs Initial Pacts For Two Iraq Oil Fields

Τετ, 30 Δεκεμβρίου 2009 - 15:05

Sociedade Nacional de Combustiveis de Angola, better known as Sonangol, signed Wednesday in Baghdad two initial deals to develop Qaiyarah and Najmah oil fields in northern Iraq, officials said.

Canada Approves PetroChina Investment In 2 Oil-Sands Projects

Τετ, 30 Δεκεμβρίου 2009 - 15:05

Canadian Industry Minister Tony Clement has approved PetroChina International Investment Co.'s application under the Investment Canada Act to acquire control of the MacKay and Dover oil-sands projects in Alberta, saying he's satisfied the investment is likely to be of net benefit to Canada.

Iran Urges Supporters To Take To The Streets Wednesday

Τετ, 30 Δεκεμβρίου 2009 - 15:04

The Iranian authorities urged supporters out onto the streets of major cities Wednesday in a show of force against the opposition which it accuses of being "pawns of the enemies."

Foreign Consortium Wins $10 Bln Turkmen Gas Contracts

Τετ, 30 Δεκεμβρίου 2009 - 15:04

A consortium of U.A.E.-based, Chinese and South Korean companies have won a tender worth a total of $10 billion to develop Turkmenistan's South Yolotan gas field, the state information agency reported late Tuesday.

Kazakhstan Top Global Uranium Producer In 2009

Τετ, 30 Δεκεμβρίου 2009 - 15:03

Kazakhstan surpassed Canada to become the world's leading uranium producer after raising production by 63% to 13,500 metric tons in 2009, state nuclear fuel company Kazatomprom said Wednesday.

China Issues First Batch Of Coal Export Quotas For 2010

Τετ, 30 Δεκεμβρίου 2009 - 15:02

China has issued its first batch of coal export quotas for 2010 at 25.5 million metric tons, Reuters reported Wednesday citing sources.

Tehran's Biggest Fear

Τρι, 29 Δεκεμβρίου 2009 - 15:50

The biggest threat to the ruling ayatollahs and generals in multi-ethnic Iran does not come from the embattled democratic opposition movement struggling to reform the Islamic Republic. It comes from increasingly aggressive separatist groups in Kurdish, Baluch, Azeri and Arab ethnic minority regions that collectively make up some 44 percent of Persian-dominated Iran’s population.

UAE Splits The Atom Club

Τρι, 29 Δεκεμβρίου 2009 - 14:46

It is hard to imagine a more politically sensitive new energy project than the Arab world's first nuclear power plants. But by awarding the $20.4 billion contract to a group of South Korean companies, the United Arab Emirates has shrugged off lobbying from Washington and Paris and gone for the cheapest and simplest industrial option.

Lukoil-Statoil Signs Initial Pact For Iraq Oil Field

Τρι, 29 Δεκεμβρίου 2009 - 14:45

Russia's Lukoil Holdings (LUKOY, LKOH.RS) and Norway's Statoil ASA (STO) Tuesday signed an initial deal to develop the Iraqi supergiant West Qurna Phase 2 oil field, 16 days after the closure of the country's second post-war licensing auction, Iraqi oil ministry officials said.

No More Risk Of Russia Oil Flow Disruption Via Ukraine

Τρι, 29 Δεκεμβρίου 2009 - 14:44

There is no further risk of disruption to Russian oil supplies to Europe after a row between Russia and Ukraine was resolved, the European Union said Tuesday.

Munich Re:Widening Climate-Related Losses Call For New Deal

Τρι, 29 Δεκεμβρίου 2009 - 14:43

Germany's Munich Re AG (MUV2.XE), one of the world's largest reinsurers, Tuesday said economic and insured losses caused by climate change will continue to widen in the future, calling for a near-term deal to ensure a substantial reduction in global greenhouse gas emissions.

Albanian Company Asks For Italy OK To Build 1,000MW Power Link

Τρι, 29 Δεκεμβρίου 2009 - 14:43

Albania's Biopower Green Energy Shpk Tuesday said it had asked the Italian government for permission to build an electricity line, with a capacity of 1000 megawatts, linking the two countries.