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IEA Makes Big Cut To Medium Term World Oil Demand

Δευ, 29 Ιουνίου 2009 - 19:12

The International Energy Agency Monday made a large, 3.7% downward revision to its medium-term forecast for total world oil demand compared with its previous estimate, suggesting the impact of recession and energy-efficiency efforts may help keep future crude price spikes in check.

Poland Signs LNG Supply Deal With Qatargas

Δευ, 29 Ιουνίου 2009 - 19:11

Polish gas monopoly PGNiG (PGN.WA) and QatarGas have signed a long-term liquefied natural gas, or LNG, supply deal, a key requirement for Poland to diversify its gas supply, the country's Treasury Ministry said Monday,

Russia, Angola Vow To Pursue OPEC Cooperation

Δευ, 29 Ιουνίου 2009 - 19:09

Russia has vowed to pursue cooperation with the Organization of Petroleum Exporting Countries, through the group's current presidency holder Angola, state media said late Friday.

Hellenic Petroleum Acquires BP’s Gas Stations in Greece

Παρ, 26 Ιουνίου 2009 - 21:35

Hellenic Petroleum agreed today to acquire BP’s Ground Fuels business activities in Greece. The deal excludes lubricants, aviation fuels and the solar business. The agreement, which is subject to the approval of the relevant authorities, includes BP’s nationwide network of 1,200 branded service stations and storage facilities of 170,000m3 as well as the commercial and industrial supply business

Gazprom Neft, Moscow Govt Agree On Tsibelman To Head Sibir

Παρ, 26 Ιουνίου 2009 - 20:48

Russian oil major OAO Gazprom Neft (SIBN.RS) said Friday it has agreed with the Moscow city government to make Igor Tsibelman chief executive of Sibir Energy PLC (SBE.LN), the troubled oil company in which they both own large stakes. A Gazprom Neft insider, Igor Tsibelman was first appointed chief executive last week, but the decision was reversed at the request of other shareholders.

Gazprom CEO Expects Gas Deal With Azerbaijan Next Week

Παρ, 26 Ιουνίου 2009 - 20:45

Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) expects to sign a new important gas deal with energy-rich Azerbaijan next week, Chief Executive Alexei Miller said Friday.

Gazprom CEO To Meet Naftogaz Fri; Certain Of June Payment

Παρ, 26 Ιουνίου 2009 - 20:43

The chief executive of Russian gas producer OAO Gazprom (GAZP.RS) will Friday meet his counterpart at Naftogaz, Ukraine's state gas company which has recently struggled to make monthly payments to Gazprom.

Ericsson CEO To Be BP Chairman

Παρ, 26 Ιουνίου 2009 - 20:42

BP PLC surprised the oil industry by appointing Carl-Henric Svanberg, chief executive of Telefon AB LM Ericsson, as its new chairman -- ending the protracted search for a successor to Peter Sutherland.

Gazprom: Energy Diversification Shouldn't Be "Fetish"

Παρ, 26 Ιουνίου 2009 - 20:41

The head of Russian gas giant OAO Gazprom (GAZP.RS) Friday warned European countries not to turn their ambition to diversify energy supply routes away from Russia into a "fetish."

RWE To Shut Dn Gundremmingen B Nuclear Plant For Maintenance

Παρ, 26 Ιουνίου 2009 - 20:39

German utility RWE AG (RWE.XE) Friday said it will shut down its 1.3- gigawatt nuclear reactor Gundremmingen B Sunday evening for planned annual maintenance works.

Enel's Rights Issue Fully Subscribed Friday

Παρ, 26 Ιουνίου 2009 - 20:38

Italian utility Enel (ENEL.MI) sold on auction the remaining 0.42% of its EUR7.98 billion rights issue, or EUR33 million, which wasn't taken up by its shareholders, said a person familiar with the matter.

The Threats and Opportunities in the Energy Markets, under the current Financial Crisis, at the Centre of the “3rd SE Europe Energy Dialogue”

Παρ, 26 Ιουνίου 2009 - 14:26

Last week (June 18-19), the “South East Europe Energy Dialogue” (SEEED) successfully convened in Thessaloniki for the third consecutive year. The International conference that was organized by the Institute of Energy for South East Europe (IENE) in cooperation with the World Energy Council (WEC), was held under the auspices and with the support of the Greek Ministries of Development and Foreign Affairs.