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Gazprom Neft Buys Italian Lubricants Plant From Chevron

Τετ, 22 Απριλίου 2009 - 19:34

Gazprom Neft (SIBN.RS), the oil arm of Russian gas firm OAO Gazprom (GAZP.RS), has bought a lubricants plant in Italy from U.S. oil major Chevron Corp. (CVX), the company said Wednesday without mentioning the purchase price.

Pakistan To Hold Gas Pipeline Talks In Turkmenistan

Τετ, 22 Απριλίου 2009 - 19:33

The Pakistan prime minister's adviser on petroleum, Asim Hussain, will hold talks on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline at an energy conference in Turkmenistan this week, the Dawn newspaper reported Tuesday, citing sources in the petroleum ministry.

KazMunaiGaz Joins Kuwait Fin's Caspian Sea Energy Proj

Τετ, 22 Απριλίου 2009 - 19:29

Kazakhstan's national oil and gas company, KazMunaiGaz, plans to have a strategic presence in the Energy Center project on the Caspian Sea that was set up by Kuwait Finance House, Kuwait-based Al Rai daily reports Wednesday.

Iran Says Ready For Constructive Nuclear Dialogue

Τετ, 22 Απριλίου 2009 - 19:26

Iran is ready for "constructive dialogue" with world powers on its nuclear drive, local news agencies Wednesday quoted chief nuclear negotiator Said Jalili as saying.

WSJ: Vestas to Ramp Up Wind-Turbine Output in China

Τρι, 21 Απριλίου 2009 - 19:46

Eager to capture China's growing wind-energy market, Danish wind-turbine maker Vestas Wind Systems A/S (VWDRY) is ramping up production and has just opened a new facility in Inner Mongolia to build a turbine with bigger blades tailored for local conditions.

Iran OPEC Head: Higher OECD Stocks May Warrant OPEC Cut

Τρι, 21 Απριλίου 2009 - 19:40

Iran's OPEC governor said Tuesday the crude oil market is oversupplied and may warrant an output cut at the group's next meeting in May, adding that oil prices above $50 a barrel would be needed to encourage future investment in the energy sector.

India Govt OKs ONGC Investment In Kazak Oil Fields - Source

Τρι, 21 Απριλίου 2009 - 19:36

An India government panel Tuesday approved a plan by state-run Oil & Natural Gas Corp. Ltd. (500312.BY) to acquire a 25% stake in Satpayev oil block in Kazakhstan, a person familiar with the matter said.

China, Russia Ink Pact On Oil Supply, Pipeline, Loan – Xinhua

Τρι, 21 Απριλίου 2009 - 19:27

China and Russia Tuesday finalized an oil cooperation agreement including the construction of an oil pipeline, crude trading and a loan, the official Xinhua News Agency said. Chinese Vice Premier Wang Qishan and the visiting Russian deputy prime minister, Igor Sechin, signed the agreement in Beijing, the report added.

Gazprom: Talking To GDF To Enter Nord Stream Project

Τρι, 21 Απριλίου 2009 - 19:25

The shareholders of the Nord Stream pipeline project, which will transport natural gas from Russia to western Europe via the Baltic Sea, are in talks with GDF Suez SA (GSZ.FR) over the French company entering the consortium. A spokesman for Russian natural gas monopoly OAO Gazprom (GAZP.RS), which leads the consortium with a 51% stake, Tuesday said talks are underway with GDF, without further elaborating.

Turkey's POAS To Appeal 1-Year Public Tender Suspension – IHA

Τρι, 21 Απριλίου 2009 - 19:18

Turkish fuel and oil products retailer Petrol Ofisi AS (PTOFS.IS), or POAS, said Tuesday it will appeal the energy minister's decision to suspend the company from participating in public tenders for a year, Ihlas news agency, or IHA, reported.

BP Produced More Than 4M B/D Of Oil, Gas In 1Q

Πεμ, 16 Απριλίου 2009 - 16:44

BP PLC (BP) has posted its biggest year-on-year increase in hydrocarbon output for almost four years to produce a little over 4 million barrels equivalent of oil and gas a day in the first quarter of 2009, its chief executive, Tony Hayward, said Thursday.