English Edition

Iraq: 9 Companies Qualified For Second Oil Bidding Round

Τετ, 1 Απριλίου 2009 - 13:35

Iraq has selected nine companies, mostly state-owned concerns from emerging markets, to compete in a second oil bidding round, the country's Oil Ministry said.

Slovenia Shuts Down Sole Nuclear Plant For Maintenance

Τετ, 1 Απριλίου 2009 - 13:33

Slovenia shut down Wednesday its sole nuclear power plant for 30 days of regular maintenance work, nearly a year after an incident there triggered a Europe-wide alert, authorities said.

Russia Gas To Balkans Halted By Moldova Pipe Blast

Τετ, 1 Απριλίου 2009 - 13:32

An explosion on a pipeline running through Moldova has halted deliveries of Russian natural gas to the Balkans, a gas transit company in the country's Transdniestr region told AFP.

OMV Says Will Adjust Growth Strategy On World Econ Devts

Τετ, 1 Απριλίου 2009 - 13:30

OMV AG (OMV.VI), Austria's largest oil company, will scale back its "aggressive" growth strategy of recent years amid changing world economic conditions but continue to seek opportunities in the Middle East, a senior company official said Wednesday.

KazMunaiGas E&P Board Recommends Paying KZT656/Shr Dividend

Τετ, 1 Απριλίου 2009 - 13:28

London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Wednesday its board of directors recommended a dividend of 656 tenge per share ($4.34) for 2008.

EU Aims To Open Energy Markets

Τετ, 1 Απριλίου 2009 - 13:16

A bid by the European Union to increase competition in its energy markets largely failed, but officials are pursuing a similar goal by using the EU's antitrust powers.

Sakhalin Energy:No Plans To Expand Sakhalin-2 For Now

Τετ, 1 Απριλίου 2009 - 13:13

Sakhalin Energy has no plans to enlarge its Sakhalin-2 liquefied natural gas venture in Russia's Far East for now, the company's Chief Executive said Tuesday, dashing the hopes of some Russian officials that the project could be expanded.

Bulgaria : Natural Gas Price to Be Reduced by 11.18% as of April 1

Τρι, 31 Μαρτίου 2009 - 17:36

The price of natural gas will be reduced by 11.18 per cent as of April 1, the State Energy and Water Regulatory Commission (SEWRC) said Monday. As of April 1 the price of natural gas will be 545.97 leva/1000 cubic m (VAT excluded) or 68.69 leva less than the price currently offered by Bulgargaz (614.66 leva/1000 cubic m, VAT excluded).

Moscow Warns On Low Oil Prices

Τρι, 31 Μαρτίου 2009 - 16:50

To many in the West, Russia's oil wealth is an addiction that has warped its economy. Russian energy czar Igor Sechin considers that envious nonsense.

Iran, Syria Got Indirect US Nuclear Aid

Τρι, 31 Μαρτίου 2009 - 16:27

Four countries designated by the U.S. as terrorism sponsors, including Iran and Syria, received $55 million from a U.S.-supported program promoting the peaceful use of nuclear energy, according to a report by Congress's investigative arm.

EU OKs Mytilineos, Motor Oil Hellas To Buy Corinthos Power

Τρι, 31 Μαρτίου 2009 - 16:24

The European Commission Tuesday cleared Greek metals and engineering group Mytilineos Holdings SA (MYTIL.AT) and Motor Oil Hellas Corinth Refineries SA (MOH.AT) to jointly run electricity start-up Corinthos Power SA.

Hungarian Govt: Nothing To Do With Surgut's MOL Stake Buy

Τρι, 31 Μαρτίου 2009 - 16:22

The Hungarian government said late Monday it had nothing to do with Russian firm OAO Surgutneftegaz (SNGS.RS) gaining a stake in Hungarian oil and gas company MOL Nyrt. (MOL.BU).

Gazprom Sees 2009 Non-CIS Exports At 140B Cubic Meters

Τρι, 31 Μαρτίου 2009 - 16:20

Russian gas export monopoly OAO Gazprom (GAZP.RS) expects to export 140 billion cubic meters of natural gas to countries outside the former Soviet Union in 2009, the Interfax news agency reported Tuesday citing the company's Deputy Chief Executive Alexander Medvedev.