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Exxon Group Wins Iraq Oil Contract

Παρ, 6 Νοεμβρίου 2009 - 14:31

The Iraqi Oil Ministry has awarded an Exxon Mobil Corp. consortium the right to develop one of the world's largest oil fields, marking the first time an American-led group has been allowed into the Iraqi oil patch since the U.S.-led invasion began.

Lukoil Fined $225 Million In Russia Fuel

Πεμ, 5 Νοεμβρίου 2009 - 18:05

Russian non-state oil giant OAO Lukoil (LKOH.RS) was fined RUB6.55 billion ($225 million) Thursday by the Russian antitrust regulator for abusing its dominant position in the refined oil-products market.

Pipeline From Russia To Germany Passes Regulatory Hurdle

Πεμ, 5 Νοεμβρίου 2009 - 18:04

Nord Stream, a $15 billion pipeline that would pump natural gas from Russia to Germany bypassing Ukraine, cleared its last major regulatory hurdles Thursday when Sweden and Finland both gave the green light to a project that could redraw the energy map of Europe.

Sweden, Finland Okay Russia's Nord Stream Pipeline

Πεμ, 5 Νοεμβρίου 2009 - 18:03

Sweden and Finland agreed on Thursday to allow the Russia-led Nord Stream gas pipeline to Germany run through Swedish and Finnish economic zones in the Baltic Sea, their governments said.

Exxon, Shell Sign Initial Pact For Iraq West Qurna

Πεμ, 5 Νοεμβρίου 2009 - 18:01

A consortium led by U.S. oil major Exxon Mobil Corp. (XOM) and Royal Dutch Shell PLC (RDSA) Thursday signed an initial 20-year agreement with Iraq to develop the West Qurna-1 oil field, an Iraqi oil official said.

Forecast Gas Glut Could Challenge Russia's Grip

Πεμ, 5 Νοεμβρίου 2009 - 18:00

A draft of a report by the International Energy Agency says a global natural gas glut could lower prices, raising the prospect that Russia's grip over Europe's energy security will loosen, the Financial Times reported Wednesday.

Turkey Holds Final Tender Of 3 Pwr Grids Privatization Fri

Πεμ, 5 Νοεμβρίου 2009 - 17:58

Turkey's privatization agency OIB said Thursday it will hold a final tender for the privatization of three electricity distribution grids Friday, the Ihlas News Agency, or IHA, reported.

IENE’s 3rd Energy Week: A Topical Energy Summit with Top Speakers

Πεμ, 5 Νοεμβρίου 2009 - 17:45

Once again ΙΕΝΕ has invited several high level international experts, business leaders and senior government officials from Greece and abroad to participate in the events of its 3rd Energy Week to be organized in Athens from November 9th to November 12th. The speakers will cover an extended area of policy issues focusing on energy, Climate Change, environmental business opportunities and energy diplomacy

“Energy Business to Business” (B2B): A Platform for “Green Business” Opportunities

Πεμ, 5 Νοεμβρίου 2009 - 17:30

For the first time this year, the Institute of Energy for South-East Europe (IENE) organizes a one-day “Energy Business to Business” (B2B) Seminar, a communication platform between Greek businessmen and companies involved in “Green Business”. The Seminar takes place at the “Eugenides Foundation” on Thursday, November 12th 2009, as part of the “3rd Energy Week” (November 9th – November 12th)

Polish Govt To OK Gas Deal With Russia Within Weeks

Τετ, 4 Νοεμβρίου 2009 - 20:32

The Polish government will approve the agreement between Polish gas monopoly PGNiG (PGN.WA) and Russian gas major OAO Gazprom (GAZP.RS) at its next sitting with the signing expected within weeks, said Polish Economy Minister Waldemar Pawlak.

Gazprom Sees Rise In Gas Demand

Τετ, 4 Νοεμβρίου 2009 - 20:31

After a year in which Europe slashed its imports of Russian natural gas, OAO Gazprom says it sees signs of a turnaround, with European demand now exceeding precrisis levels.

Gazprom Neft Unit To Bid In Syria Oilfield Svc Tenders

Τετ, 4 Νοεμβρίου 2009 - 20:30

Gazpromneft-Nefteservis, an oilfield service unit of Russian oil company Gazprom Neft (SIBN.RS), plans to take part in tenders for oilfield services in Syria, according to a report in the Gazprom corporate magazine released Tuesday, Prime-Tass news agency reports.

Statoil CFO: Looking At New Partnerships In Iraq

Τετ, 4 Νοεμβρίου 2009 - 20:29

Statoil ASA (STO) is looking at potential partnerships with other companies in Iraq as it positions itself ready to take a share in the country's oil wealth, its chief financial officer said Wednesday.