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Azerbaijan To Maintain Oil, Gas Output Levels

Azerbaijan To Maintain Oil, Gas Output Levels

Energy-rich Azerbaijan expects no drop in its oil and gas production this year despite global economic woes, President Ilham Aliyev said Tuesday.

Iraq May Oil Exports 1.90M B/D, Up 4.39% On Month

Iraq May Oil Exports 1.90M B/D, Up 4.39% On Month

Iraq's crude oil exports rose to 1.90 million barrels a day in May, up 4.39% on April, the head of the State Oil Marketing Organization told Dow Jones Newswires Tuesday.

Kazakhstan Says To Review Asset Sales After Uranium Theft

Kazakhstan Says To Review Asset Sales After Uranium Theft

Kazakhstan will review all previous deals made by state-owned firms in the wake of a multibillion dollar scandal at the country's state nuclear fuel company, the state welfare fund said Tuesday.

Half Of Kazakhstans Uranium Stolen By Former Official

Half Of Kazakhstan's Uranium Stolen By Former Official

The recently imprisoned former head of Kazakhstan's state nuclear power agency stole the majority of the central Asian nation's uranium deposits, security officials said Monday.

Romanian Romgaz Signs JV Deal With Russias Gazprom

Romanian Romgaz Signs JV Deal With Russia's Gazprom

Romanian state-owned gas producer Romgaz Medias Monday signed the first agreement since 1989 with Russian natural gas monopoly OAO Gazprom (GAZP.RS), which includes the setting-up of a joint venture to store and sell natural gas, news agency Mediafax reports.

Iraqi Kurdish Oil Field Exports Start At 0.1M B/D

Iraqi Kurdish Oil Field Exports Start At 0.1M B/D

Iraqi President Jalal Talabani and President of the Kurdistan Regional Government Masoud Barzani Monday pressed the button allowing the export of 100,000 barrels a day from two large oil fields in the Kurdistan region to start, marking a breakthrough two years in the making.

Turkmenistan May Have 250B Tons Of Oil Equivalent

Turkmenistan May Have 250B Tons Of Oil Equivalent

Turkmenistan could have 200 billion-250 billion metric tons of oil equivalent, Russian news agency RIA Novosti reports on its Web site Friday, citing the head of the state geological institute, Turkmengeologia.

Libya To Reach 2% Stake Of Italys Enel

Libya To Reach 2% Stake Of Italy's Enel

The Libyan Investment Authority might reach 2% stake of Enel SpA acquiring shares through the utility's EUR8 billion rights issue announced on Friday, Italian daily La Repubblica reports Monday without citing its sources.

Gazprom Neft Plans Offshore Oil Projects 2016-20

Gazprom Neft Plans Offshore Oil Projects 2016-20

Russian oil company Gazprom Neft (SIBN.RS) plans to launch a number of offshore oil projects in 2016-2020, the company said in a report Friday, Prime-Tass news agency reports.

3rd SEEED to Focus on Security of Energy Supply and the Role of Balkans as Key Energy Transit Corridor

3rd SEEED to Focus on Security of Energy Supply and the Role of Balkans as Key Energy Transit Corridor

This year’s South East Europe Energy Dialogue (SEEED, is being organized by the Institute of Energy for South East Europe (IENE) for the third consecutive year. The 3rd SEEED, which is being held at the Hyatt Regency Hotel in Thessaloniki is an unrivalled forum bringing together senior government officials, corporate leaders, financiers, academics and energy experts from Southeast Europe and beyond who will discuss the key energy and environmental issues of the current geopolitical agenda.

Gazprom Oct-March Gas Output Dn 12% On Year

Gazprom Oct-March Gas Output Dn 12% On Year

The natural gas output of Russia's OAO Gazprom (GAZP.RS) fell 12% on the year to 261.5 billion cubic meters in the period from October 2008 through March, the company said in a statement late Thursday, the Prime-Tass news agency reported.

Iran Candidate Ready For Nuclear Talks With World Pwrs

Iran Candidate Ready For Nuclear Talks With World Pwrs

Presidential candidate Mir Hossein Mousavi, a former premier, said Friday that he is prepared to hold talks with the international 5-plus-1 group over Iran's nuclear drive if elected.

195 Turkmenistan Gas Wells Closed On Pipeline Blast

195 Turkmenistan Gas Wells Closed On Pipeline Blast

Turkmenistan has been forced to halt gas production at 195 wells following an accident along a stretch of pipeline leading to Russia, RIA-Novosti news agency reports Friday, citing a Turkmen expert.

Enel Sells Gas Grid, Sets EUR8B Rights Issue Details

Enel Sells Gas Grid, Sets EUR8B Rights Issue Details

Enel SpA (ENEL.MI) said Friday it agreed to sell a majority stake in the Italian natural gas distribution network, a day after detailing its almost EUR8 billion capital increase, as part of the measures aimed at managing its towering debt pile.

EUs Barroso To Raise Russia-Ukraine Gas Row At Summit

EU's Barroso To Raise Russia-Ukraine Gas Row At Summit

European Commission chief Jose Manuel Barroso vowed Friday to raise Russia's gas price conflict with Ukraine with European Union leaders at a summit next month to try to avert a new energy crisis.