English Edition

Turkey Confirms Nabucco Pipeline Deal To Be Signed July 13

Παρ, 3 Ιουλίου 2009 - 18:05

Turkish officials confirmed Friday that a key intergovernmental agreement on the European Union's Nabucco gas pipeline will be signed July 13 in Ankara.

Nigeria, Niger, Algeria Sign Pipeline Agreement

Παρ, 3 Ιουλίου 2009 - 18:02

Nigeria, Niger and Algeria Friday signed an agreement to build a pipeline to take Nigerian gas across the Sahara to the Mediterranean, the BBC reports on its Web site.

Kashagan Costs To Be Significantly Cut - KazMunaiGas

Παρ, 3 Ιουλίου 2009 - 18:01

The consortium of international oil majors developing the Kashagan oil field in the Caspian Sea have decided to cut costs significantly, Kazakh state oil and gas company KazMunaiGas said Thursday.

Iraq Invites Cos To Roadshow On 2nd Round Oil Deals

Παρ, 3 Ιουλίου 2009 - 18:00

The Iraqi oil ministry is holding a meeting in August to brief international oil companies on Iraq's second licensing round to award long-term contracts to develop some of the country's untapped oil and gas fields, a senior ministry official said Friday.

Nuclear Waste Fuels Serb Fears

Παρ, 3 Ιουλίου 2009 - 15:06

Serbia plans to ship thousands of kilos of spent nuclear fuel to Russia as it seeks to avert security threats and decommission a research reactor, a government official said yesterday. The Vinca Nuclear Institute, 17 kilometers (11 miles) southeast of Belgrade, will ship 2.5 tons of spent fuel rods and 13 kilograms of highly enriched uranium via Russia’s state-run Rosatom corporation, Deputy Science Minister Miroslav Veskovic said

Repsol Says It Received Proposals For YPF Stake

Πεμ, 2 Ιουλίου 2009 - 17:04

Spanish oil company Repsol YPF SA (REP) has received proposals for a stake in its Argentine unit YPF, but no firm offers, the Spanish oil firm said Thursday.

Finnish Authority Approves Baltic Gas Pipeline

Πεμ, 2 Ιουλίου 2009 - 17:02

The planned Nord Stream gas pipeline moved a step forward Thursday after a Finnish environment agency approved the project but told its backers to provide more information on potential environmental damage.

EU Govts Urged To Fill Gas Storage Facilities Ahead Of Winter

Πεμ, 2 Ιουλίου 2009 - 17:01

European Union natural gas experts Thursday urged the bloc's 27 national governments to fill up their storage facilities ahead of winter to protect themselves against another disruption to gas supplies shipped from Russia through Ukraine.

Obama, Medvedev To Highlight Nuclear Talks

Πεμ, 2 Ιουλίου 2009 - 17:00

Russia and the U.S. will affirm their commitment to renegotiate a nuclear disarmament treaty when U.S. President Barack Obama visits Moscow next week, Russia's foreign minister said Thursday.

Russia Offers Turkey Role In South Stream Gas Pipe

Πεμ, 2 Ιουλίου 2009 - 16:58

Russia has invited Turkey to take part in its South Stream gas pipeline, in what could be another blow to the European Union-backed rival project Nabucco, the Interfax news agency reported late Wednesday citing First Deputy Prime Minister Igor Sechin.

Merkel Wants Sustainable Fiscal Policy Post Crisis

Πεμ, 2 Ιουλίου 2009 - 16:57

Germany is to insist that new financial rules are implemented to prevent the financial crisis from being repeated, Chancellor Angela Merkel said Thursday, adding that governments must aim for exit strategies from their fiscal policies.

Russia 1H 2009 Oil Output -0.1%; Natural Gas Plummets 20.8%

Πεμ, 2 Ιουλίου 2009 - 16:56

Russia produced 242.594 million metric tons of oil and gas condensate in the first six months of 2009, or 9.77 million barrels a day - down 0.1% from the same period last year, the Interfax news agency reported Thursday, citing Ministry of Industry and Energy statistics.

Ukraine's PM Pledges To Pay Russia For Gas In Full, On Time

Τετ, 1 Ιουλίου 2009 - 19:12

Ukrainian Prime Minister Yulia Timoshenko said Wednesday her country will pay Russia for natural gas deliveries in full and on time.