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Russia Energy Min Sees 2009 Oil Output At 490 Mln Tons

Russia Energy Min Sees 2009 Oil Output At 490 Mln Tons

Russian Energy Minister Sergey Shmatko expects the country's oil and gas condensate output to total 490 million metric tons this year, or 9.84 million barrels a day, the Interfax news agency reported Thursday.

Russia Govt May Offer Mechel Support To Develop Field

Russia Govt May Offer Mechel Support To Develop Field

Russian miner OAO Mechel (MTL) may receive state support in the form of tax breaks and the purchase of its bonds by state banks, daily Vedomosti reports Thursday, citing a document from a government meeting.

Turkey Unable To Give More Water To Iraq,Syria

Turkey Unable To Give More Water To Iraq,Syria

Turkey can't give more water to Iraq and Syria, Energy Minister Taner Yildiz said Thursday, as officials from the three neighbors met in Ankara to discuss the sharing of the Tigris and Euphrates rivers.

New Iranian Nuclear Package Next Week

New Iranian Nuclear Package Next Week

Iran's top nuclear negotiator, Saeed Jalili, told AFP Thursday that Tehran will deliver its new package of proposals to world powers in the coming Iranian week, which starts Saturday.

Jordan PM Arrives In Iraq

Jordan PM Arrives In Iraq

Jordanian Prime Minister Nader al-Dahabi arrived in Baghdad Thursday where he was met by his Iraqi counterpart Nouri al-Maliki, an airport official told AFP.

Go-Ahead for Bulgaria Gorna Arda Hydro Project

Go-Ahead for Bulgaria Gorna Arda Hydro Project

Bulgaria's new government has sealed a letter of approval for the construction of the long-delayed hydropower project at Gorna Arda river, the energy and economy minister announced. The move is a requirement for the wrapping up of the sale of a 30.1% stake, owned by Turkey's CCG, part of the Ceylan conglomerate, to an Austrian consortium between energy firm EVN and construction company Alpine Bau

Gazprom May Invite Foreign Partners To New Sakhalin Projects

Gazprom May Invite Foreign Partners To New Sakhalin Projects

Russian gas firm OAO Gazprom (GAZP.RS) may invite foreign partners to develop the Sakhalin-3 and Sakhalin-4 projects in Russia's Far East, the company's Deputy Chief Executive Valery Golubev said Wednesday.

Russia August Oil Output 9.966M B/D, Up 0.6% On Month

Russia August Oil Output 9.966M B/D, Up 0.6% On Month

Russia produced an average of 9.966 million barrels a day of crude oil and gas condensate in August, up 0.6% from July, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.

Croatia Wants S Stream Gas Pipe Through Its Territory

Croatia Wants S Stream Gas Pipe Through Its Territory

Croatia has proposed to Russia that the massive South Stream gas pipeline to Europe also passes through its territory, Prime Minister Jadranka Kosor was quoted as saying Wednesday.

Rosneft May Increase 2009 Capex By $300 Mln To $500 Mln

Rosneft May Increase 2009 Capex By $300 Mln To $500 Mln

Russia's No. 1 oil producer OAO Rosneft (ROSN.RS) may increase 2009 capital spending by between $300 and $500 million, the company's Chief Financial Officer Peter O'Brien said Wednesday.

Bulgaria To Decide On Energy Projects By November

Bulgaria To Decide On Energy Projects By November

Bulgaria is currently reviewing its participation in several major Russia-backed energy projects and will decide by November whether to go ahead with them, premier Boyko Borisov said Wednesday.

EU Hasnt Received New Offer From Iran On Nuclear Talks

EU Hasn't Received New Offer From Iran On Nuclear Talks

The European Union hasn't received any new proposal from Iran regarding fresh talks with the world's top powers over its nuclear program, foreign policy chief Javier Solana said Wednesday.

Berlusconi to Visit Bulgaria in October at Borisovs Invitation

Berlusconi to Visit Bulgaria in October at Borisov's Invitation

Italy's Prime Minister, Silvio Berlusconi, is coming to Bulgaria for an official visit in October 2009. This became clear after he met with Bulgaria's Prime Minister, Boyko Borisov, in Gdansk, Poland, during the events dedicated to the remembering the 70th year since the start of World War II

Putin Wants from Borisov Quick Decisions on Russia-Bulgaria Energy Projects

Putin Wants from Borisov Quick Decisions on Russia-Bulgaria Energy Projects

Russia's Prime Minister, Vladimir Putin, has called upon his Bulgarian counterpart, Boyko Borisov, to make a decision on the realization of the joint energy projects as soon as possible. Putin and Borisov met Tuesday night in Poland's city of Gdansk after the remembrance ceremonies for the 70th year since the start of World War II. The main topic of the first meeting of the two black-belt Prime Ministers was the future of the three joint energy projects - the Burgas-Alexandroupolis oil pipeline, the South Stream gas transit pipeline, and the Belene Nuclear Power Plant

Clean Power From Africa

Clean Power From Africa

Along with other industrial companies, Siemens Energy is participating in the Desertec initiative to provide sustainable power to Europe, the Middle East and North Africa. A corresponding Memorandum of Understanding was signed today in Munich. Environmentally friendly power generated at solar thermal power plants in the Sahara and wind farms in North Africa is to be transported to the load centers where the power is needed. A technical and financial concept will be developed.