English Edition

Gazprom Neft Exec: May Increase 2009 Capex By $100M-$200M

Τετ, 9 Σεπτεμβρίου 2009 - 19:41

OAO Gazprom Neft (SIBN.RS) may increase capital spending this year by between $100 million and $200 million, the company's Chief Financial Officer Vadim Yakovlev said Wednesday.

Chavez Defends Venezuelan Nuclear Cooperation With Iran

Τετ, 9 Σεπτεμβρίου 2009 - 19:40

Venezuelan President Hugo Chavez defended in an interview Wednesday his decision to cooperate with Iran to develop nuclear energy in his country.

UAE Oil Min: Comfortable With Oil Market, Inventories Up

Τετ, 9 Σεπτεμβρίου 2009 - 19:39

United Arab Emirates oil minister Mohammad al-Hamli said Wednesday OPEC's quotas compliance could be better, but the UAE is comfortable with the oil market at present.

Polish PM:Poland,Russia To Simplify Pipeline Ownership Structure

Τρι, 8 Σεπτεμβρίου 2009 - 17:28

Poland and Russia want to simplify the ownership structure of Europol Gaz, Poland-based operator of the Yamal-Europe gas pipeline from Russia, Polish Prime Minister Donald Tusk said Tuesday.

Ukraine:Russia Gas Stance Puts European Supply At Risk

Τρι, 8 Σεπτεμβρίου 2009 - 17:27

Ukraine's government said Russia's refusal to amend its natural gas contracts is putting European supplies at risk, RIA Novosti reports on its Web site Tuesday.

Gazprom To Increase Investments In Far East By 49% Next Year

Τρι, 8 Σεπτεμβρίου 2009 - 17:25

Russian state-controlled gas firm OAO Gazprom (GAZP.RS) said Tuesday it will increase spending in eastern Russia by 49% next year to 100 billion rubles ($3.18 billion) next year from RUB67 billion this year.

Iraq May Delay Shell Gas Deal Until '10 -

Τρι, 8 Σεπτεμβρίου 2009 - 17:24

A multibillion dollar deal between Royal Dutch Shell PLC (RDSA) and the Iraqi government to jointly develop domestic gas infrastructure in Iraq's south could be delayed until after the country's elections in January, a senior Iraqi oil official said Tuesday.

Iran Oil Min: Oil Market Situation Improving

Τρι, 8 Σεπτεμβρίου 2009 - 17:22

Iran's oil minister said Tuesday that the oil market is improving but crude inventories are still high.

Italian Prosecutors Probe Eni On Bribery In Nigeria

Τρι, 8 Σεπτεμβρίου 2009 - 17:20

Italian prosecutors have launched an investigation into the country's energy company, Eni SpA (E), over alleged bribery in Nigeria and have requested the suspension of contracts between Eni and Nigerian National Petroleum Corporation, reports La Repubblica in its Tuesday Internet edition.

Ukraine:Russia Gas Stance Puts European Supply At Risk

Τρι, 8 Σεπτεμβρίου 2009 - 17:19

Ukraine's government said Russia's refusal to amend its natural gas contracts is putting European supplies at risk, RIA Novosti reports on its Web site Tuesday.

GDF Suez Signs MOU With Eletrobras, Eletronuclear

Δευ, 7 Σεπτεμβρίου 2009 - 18:45

French utility GDF Suez (GSZ.FR) has signed a cooperation agreement with Brazilian power companies Eletrobras (LIPR3.BR) and Eletronuclear to exchange information and develop Brazil's nuclear power sector, the French company said in a statement Monday.