English Edition

Russian Ministry Sees 2009 Oil Output Down 1.1% On Yr

Πεμ, 19 Μαρτίου 2009 - 19:34

Oil output in Russia could decrease 1.1% on the year to 482 million metric tons in 2009, the Economic Development Ministry said in a forecast for 2009 obtained by Prime-Tass news agency Wednesday.

Eni CEO Sees Decision On Iraq Nasiriyah Proj In Weeks

Πεμ, 19 Μαρτίου 2009 - 19:33

Eni SpA's (E) Chief Executive Paolo Scaroni Thursday said that he expects Iraq's government to make a decision on which company will be awarded the contract to develop the Nasiriyah oil field in southern Iraq "in a couple of weeks."

Greece Leads Earth Hour Race

Πεμ, 19 Μαρτίου 2009 - 11:56

Greece had yesterday overtaken countless other countries taking part in next Saturday’s Earth Hour, a worldwide initiative aimed at getting people to switch off their lights for one hour, with 18,000 individuals and businesses signing onto the energy-saving scheme, the highest rate of per capita participation to date.

TNK-BP Appoints Muir, Baudrand To Senior Management Team

Τετ, 18 Μαρτίου 2009 - 19:21

British-Russian oil joint venture TNK-BP Ltd. said Wednesday it has appointed Jonathan Muir as chief financial officer and Didier Baudrand as executive vice president of its downstream division as well as executive director of the company.

Iran Oil Min: $40/Bbl Oil Not Enough To Develop Oil Fields

Τετ, 18 Μαρτίου 2009 - 19:19

Iranian oil minister Gholam Hossein Nozari Wednesday said that $40 a barrel oil isn't a high enough price to develop oil fields.

Iraq Seeks Foreign Cos To Drill 30 Wells In South Oil Fields

Τετ, 18 Μαρτίου 2009 - 19:18

Iraq has issued a tender for foreign companies to drill 30 oil wells in three of the country's large oil fields in southern Missan governorate, the Iraqi oil ministry said on its Web site Wednesday.

Iraq May Reach 6M B/D Output Earlier Than Planned

Τετ, 18 Μαρτίου 2009 - 19:16

Iraqi oil minister Hussein al-Shahristani Wednesday said his country may reach six million barrels of oil a day in output earlier than planned.

Turkey's Ak Enerji '08 Net Pft TRY88.9M Vs TRY39.5M Loss Yr-Ago

Τετ, 18 Μαρτίου 2009 - 19:14

Turkish energy company Ak Enerji (AKENR.IS) swung to a net profit in 2008 on the back of increased sales, the Ihlas News Agency, or IHA, reported Wednesday.

Russia's Sea Ports Throughput Up 5.2% In January

Τετ, 18 Μαρτίου 2009 - 19:10

Russia's sea ports handled in January and February a total of 71.58 million metric tons of cargo, an increase of 5.2% compared with the first two months of 2008, according to the figures released Wednesday by the national association of sea ports.

Polls Close In Azerbaijani Vote On Lifting Pres Term Limit

Τετ, 18 Μαρτίου 2009 - 19:08

Polls closed Wednesday in Azerbaijan's referendum on lifting a two-term limit on holding the presidency, a move likely to reinforce President Ilham Aliyev's grip on power.

French Trade Secy, French Cos Eye Invest In Turkmenistan

Τετ, 18 Μαρτίου 2009 - 19:06

Foreign investors are looking at possibilities in the gas-rich Central Asian state of Turkmenistan, which has been spared the economic crisis but still presents obstacles for foreign businesses.

French Min: Natural Gas Tariffs To Drop By 10% On April 1

Τρι, 17 Μαρτίου 2009 - 18:35

State-regulated natural gas tariffs in France, levied by GDF Suez SA (GSZ.FR), are to fall by 10% from April 1, Energy and Ecology Minister Jean-Louis Borloo said Tuesday.

Areva:30% Of Work On UK Reactors To Be Done In France

Τρι, 17 Μαρτίου 2009 - 18:33

French nuclear power group Areva SA (CEI.FR) has said it will make 30% of the parts for use in planned new nuclear power plants in the U.K., allowing overseas companies to bid for the remaining 70% of the work, U.K. newspaper The Times reports on its Web site Tuesday.