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Russias Putin Lands In China For Trade, Political Talks

Russia's Putin Lands In China For Trade, Political Talks

Russian Prime Minister Vladimir Putin landed in Beijing late Monday for a three-day visit to China during which the nations are to sign a raft of trade agreements and tighten political ties.

TNK-BP Considers Upstream Projects In Iraq

TNK-BP Considers Upstream Projects In Iraq

Anglo-Russian oil joint venture TNK-BP Holding (TNBP.RS) is considering the possibility of developing hydrocarbon resources in Iraq, the company said Monday.

EDF: Russia Uranium Work Conforms To Rules; Not Sending Waste

EDF: Russia Uranium Work Conforms To Rules; Not Sending Waste

French utility Electricite de France SA (EDF.FR) Monday said arrangements under which some fuel material from its nuclear plants ends up in Russia conform to International rules and that the material isn't waste.

Gazprom Sees 2009 Output At 450B-490B Cubic Meters

Gazprom Sees 2009 Output At 450B-490B Cubic Meters

Russian gas producer OAO Gazprom (GAZP.RS) plans to produce between 450 billion and 490 billion cubic meters of natural gas this year, the Interfax news agency said Monday, citing the company's Deputy Chief Executive Alexander Ananenkov.

Azerbaijan Jan-Sep Oil Exports Via BTC +4.9% On Yr

Azerbaijan Jan-Sep Oil Exports Via BTC +4.9% On Yr

Azerbaijan increased oil exports through the Baku-Tbilisi-Ceyhan pipeline 4.9% on the year to 27.292 million metric tons in January-September, the State Oil Company of Azerbaijan, or SOCAR, said Monday, according to the Prime-Tass news agency.

BTC Pipeline Scheduled To Pump 24.6 Million Bbl In Nov

BTC Pipeline Scheduled To Pump 24.6 Million Bbl In Nov

The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump 24.6 million barrels of crude oil in November, down 1.8 million barrels from the volumes planned for delivery in October, according to a crude oil trader who received the loading program.

Bulgaria, Romania to Build 2 Hydropower Plants with EU Funds

Bulgaria, Romania to Build 2 Hydropower Plants with EU Funds

Bulgaria and Romania are going to build two water-power plants, for which they are quickly trying to secure EU money. This was announced Sunday by Tudor Serban, Secretary of the Romanian Economy Ministry, as cited by newsin.ro.

Iran Hopes To Supply Over 50% Of EU-Backed Pipelines Gas

Iran Hopes To Supply Over 50% Of EU-Backed Pipeline's Gas

The Iranian government wants to supply more than 50% of the natural gas to be shipped to Europe through the European Union-backed Nabucco pipeline, Iran's Deputy Oil Minister Azizollah Ramezani said Friday.

Gazprom Exec Sees Bolivia Gas JV In 2-3 Months

Gazprom Exec Sees Bolivia Gas JV In 2-3 Months

Russia and Bolivia could establish a natural gas joint venture in the next two to three months, RIA Novosti reports Friday, citing an OAO Gazprom (GAZP.RS) executive.

Turkish Govt, RES To Build EUR750M Wind Power Projects

Turkish Govt, RES To Build EUR750M Wind Power Projects

Turkey's Investment Support and Promotion Agency and U.K.-listed wind power investor and development Renewable Energy Systems Holdings Ltd., or RES, plan to build wind power generation projects with a capacity of 500 megawatts in Turkey, the Ihlas News Agency, or IHA, reports.

BP, CNPC Win Iraq Oil

BP, CNPC Win Iraq Oil

British oil major BP PLC and China National Petroleum Corp., or CNPC, signed an initial agreement with Iraq to develop Rumaila, Iraq's largest producing oil field, paving the way for a final deal calling for investment estimated at as much as $15 billion, an Iraq ministry spokesman said.

Russia’s 1-Billion-Dollar Loan to Serbia Seen as Expanding its Regional Influence

Russia’s 1-Billion-Dollar Loan to Serbia Seen as Expanding its Regional Influence

Russia will grant Serbia a $1 billion (680-million-euro) loan to cover the Balkan country’s budget deficit and invest in infrastructure, officials said yesterday, in a deal that could extend Russia’s influence in the region. The deal is expected to be signed during a visit to Serbia by Russian President Dmitry Medvedev on October 20.

Positive Indications Emerge on Oil Reserves in Aegean

Positive Indications Emerge on Oil Reserves in Aegean

Aegean Energy, the country’s only operator of oil and gas production, may launch several new drilling operations in the northern Aegean Sea in coming months after exploration revealed signs of more undersea hydrocarbon reserves, it said yesterday.

Bahrain, Occidental Petroleum Agree To Boost Oil, Gas Output

Bahrain, Occidental Petroleum Agree To Boost Oil, Gas Output

The kingdom of Bahrain said Thursday it will set up a company to increase oil and gas production in collaboration with U.S. firm Occidental Petroleum Corp. (OXY) and Abu Dhabi's Mubadala Development Co.