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Russian PM Putin Rules Out 2012 Vote Competition With Medvedev

Παρ, 11 Σεπτεμβρίου 2009 - 18:59

Russian Prime Minister Vladimir Putin on Friday ruled out competing against his hand-picked Kremlin successor, President Dmitry Medvedev, in Russia's 2012 presidential elections.

French Government: Iran Has Not Answered Nuclear Questions

Παρ, 11 Σεπτεμβρίου 2009 - 18:57

Iran has not responded to requests for talks on its nuclear program, France said Friday in a statement calling for Tehran to attend a multilateral meeting before the U.N. General Assembly.

OPEC Steps Back,Waits For Econ Recovery To Rebalance Oil Mkt

Πεμ, 10 Σεπτεμβρίου 2009 - 19:27

OPEC is making the same risky bet as many investors that oil prices can avoid being dragged down by weak demand and excess supplies for a few more months.

Iraq Asked Nippon For Revised Nassiriyah Oil Bid

Πεμ, 10 Σεπτεμβρίου 2009 - 19:24

Iraq has asked Japan’s Nippon Oil Corp. (5001.TO) to submit a revised offer to develop the Nassiriyah oil field in southern Iraq, a step seen as the last before signing an $8 billion to $10 billion contract.

IEA Oil Demand Forecast Rises On Stronger Recovery

Πεμ, 10 Σεπτεμβρίου 2009 - 19:22

The International Energy Agency Thursday revised up its forecast for world oil demand for the third consecutive month, citing stronger-than-expected economic growth in developing Asian economies and North America.

Iran Insists No Suspension Of Uranium Enrichment

Πεμ, 10 Σεπτεμβρίου 2009 - 19:20

Iran's proposal to world powers aimed at resolving the standoff over its atomic program talks of global nuclear disarmament, a top Iranian official was quoted Thursday as saying, while insisting there will be no suspension of uranium enrichment.

OPEC Secy Genl: Russia's Turn To Come To OPEC

Πεμ, 10 Σεπτεμβρίου 2009 - 19:19

OPEC's secretary general said Thursday it's Russia's turn to come visit him in Vienna, and that he wasn't encouraged by Russia's lack of a cut in oil production.

Russia, Venezuela Sign Deal To Develop Orinoco Belt

Πεμ, 10 Σεπτεμβρίου 2009 - 19:18

Russia and Venezuela Thursday signed a memorandum of understanding on establishing a joint venture to develop oil in the South American country's Orinoco oil belt, the Ria Novosti news agency reported.

EU Opens Talks On Turkey's Accession To Energy Community

Πεμ, 10 Σεπτεμβρίου 2009 - 19:17

The European Commission said Thursday it has opened negotiations with Turkey on the country's accession to a multilateral agreement that would align its rules on energy with those of the European Union.

IEA Raises 2009, 2010 Oil Demand Forecasts on Growth in China

Πεμ, 10 Σεπτεμβρίου 2009 - 12:37

The International Energy Agency raised its global oil demand estimate for next year for a second consecutive month, citing growth in Chinese consumption and stronger-than-expected oil use in the U.S. World oil consumption is likely to average 85.7 million barrels a day next year, 450,000 barrels a day more than previously estimated, the adviser to 28 nations said today in its monthly report.

Russian Energy Firms Feel Welcome In Iraq

Τετ, 9 Σεπτεμβρίου 2009 - 19:45

Russia said Wednesday it felt wanted in Iraq, after its highest-level visit to the country since the 2003 U.S.-led invasion yielded agreements on natural gas pipelines and power.

Venezuela Pres Chavez Wants Union With Ally Belarus

Τετ, 9 Σεπτεμβρίου 2009 - 19:44

Venezuelan President Hugo Chavez Wednesday boasted of his country's good ties with fellow U.S. foe Belarus, even suggesting the two countries could become part of a Soviet-style union.

EBRD Approves Loan To Lukoil To Modernize Power Station

Τετ, 9 Σεπτεμβρίου 2009 - 19:42

The European Bank for Reconstruction and Development's board of governors has approved a loan to Russia's largest private oil producer OAO Lukoil (LKOH.RS), an EBRD spokesman said Wednesday.