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EU To Meet Ukraine, Russia About Gas Supplies On Monday

Τετ, 24 Ιουνίου 2009 - 15:26

The European Commission, the executive arm of the European Union, will Monday hold talks with Ukraine and Russia at a high technical level to assure the reliability of its gas supplies, a spokesman for the commission said Wednesday.

Russia's Medvedev To Seal Gas, Nuclear Pacts In Nigeria

Τετ, 24 Ιουνίου 2009 - 15:24

Russian President Dmitry Medvedev arrives in Nigeria Wednesday to sign gas and nuclear energy pacts, becoming the first Kremlin leader to visit Africa's most populous and energy-rich nation.

Total And Novatek Seek Russian Govt OK On Gas Deal

Τετ, 24 Ιουνίου 2009 - 15:22

The Chief Executives of Total S.A. (TOT) and Novatek (NVATY) will meet Russian Prime Minister Vladimir Putin on Wednesday to seek his approval for a landmark gas exploration deal in Russia, the Financial Times reported on its Web site, citing a spokesman for Putin.

Gazprom Deputy CEO Says No Need To Review Ukraine Gas Contract

Τετ, 24 Ιουνίου 2009 - 15:21

Russian gas export monopoly OAO Gazprom (GAZP.RS) sees no reason to change the terms of its contract with Ukraine signed in January, the company's Deputy Chief Executive Alexander Medvedev said Wednesday.

Gazprom: Avg 09 Europe Gas Price Above $280/1000 Cubic Meters

Τετ, 24 Ιουνίου 2009 - 15:19

Russian gas firm OAO Gazprom (GAZP.RS) expects the average European export price this year to be above $280 for 1,000 cubic meters, the company's deputy chief executive, Alexander Medvedev, said Wednesday.

Saipem Gets $600M New Contracts In Kazakstan, Congo, Algeria

Τετ, 24 Ιουνίου 2009 - 15:18

Italian oil-services company Saipem SpA (SPM.MI) Wednesday said it won drilling contracts worth around $600 million for six onshore rigs in Kazakhstan, Congo and Algeria.

EU Hopes To Sign Nabucco Transit Deal With Turkey In July

Τρι, 23 Ιουνίου 2009 - 19:07

A deal allowing the transit of natural gas to the European Union through Turkey via the proposed Nabucco pipeline should be signed in July, E.U. Energy Commissioner Andris Piebalgs said Tuesday.

Russian Energy Ministry: Gazprom Considers Halving '09 Invest

Τρι, 23 Ιουνίου 2009 - 19:06

Russian gas giant OAO Gazprom (GAZP.RS) is considering halving its investment for 2009, Interfax news agency reports Tuesday, citing documents from the country's Energy Ministry.

Medvedev Seeks To Boost Mideast Clout In Egypt

Τρι, 23 Ιουνίου 2009 - 19:04

Russia's President Dmitry Medvedev was heading to Egypt on Tuesday to sign a strategic cooperation pact with Cairo, and speak to the Arab League, as Russia seeks to boost its diplomatic clout in the Middle East.

Lukoil Eying Further Downstream Expansion In Europe

Τρι, 23 Ιουνίου 2009 - 19:03

Russia's OAO Lukoil Holdings (LKOH.RS), which last week agreed to buy a stake in a Dutch refinery, continues to study the possibility of further expansion in Europe, a member of Lukoil's management committee said Tuesday.

Russia May Cancel Export Duty On East Siberia In 09

Τρι, 23 Ιουνίου 2009 - 19:01

Russia's government may cancel all export duties on oil produced in East Siberian fields as early as this year, the Interfax news agency reported Tuesday citing the country's Deputy Energy Minister Sergey Kudryashov.

Russian Economy Contracts 11% In May YoY

Τρι, 23 Ιουνίου 2009 - 18:58

The Russian economy contracted by 11% in May, compared with the same month last year, news agencies quoted the country's economic development ministry as saying Tuesday, in the latest blow to hopes of a swift recovery in the country.

EBRD Aims to Participate in Nabucco gas finance

Τρι, 23 Ιουνίου 2009 - 11:49

The European Bank for Reconstruction and Development (EBRD) plans to be a “senior participant” in the financing of the Nabucco gas pipeline, part of the London-based bank’s investments to boost energy security in Europe