English Edition

Gas Summit To Kick Off In Sofia Despite Putin Boycott

Παρ, 24 Απριλίου 2009 - 13:12

Leaders from the E.U., the Balkans and gas supplier countries were set to meet Friday in Sofia, Bulgaria, for a two-day gas security summit overshadowed by a last-minute boycott by Russian Premier Vladimir Putin.

Gazprom Neft to Acquire Sibir Stake

Παρ, 24 Απριλίου 2009 - 13:10

Russia's state-controlled OAO Gazprom Neft swooped down on small Russian oil company Sibir Energy PLC Thursday, trumping a bid by rival TNK-BP Ltd. announced just a day earlier.

MOL AGM OKs Skipping Dividend To Retain 2008 Profit

Πεμ, 23 Απριλίου 2009 - 15:07

Shareholders of Hungarian oil and gas company MOL Nyrt. (MOL.BU) approved the board's proposal to retain profit realized in 2008 and not pay a dividend at Thursday's annual general meeting.

Slovak Power Plant Shut By Fire To Restart In May

Πεμ, 23 Απριλίου 2009 - 15:05

A unit at Slovakia's Vojany coal-fired power station that was shut down after a fire last week will resume operations by the end of May, power producer Slovenske Elektrarne said Thursday.

Eni,Nippon,Repsol Submit New Bids For Iraq Oil Field

Πεμ, 23 Απριλίου 2009 - 15:04

Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO), and Spain's Repsol YPF SA (REP) submitted new technical and commercial offers for Iraq's Nassiriyah oil field in southern Iraq, a senior Iraqi oil official said Thursday.

Iraq Sets June 29-30 Deadline For Oil Field Bids

Πεμ, 23 Απριλίου 2009 - 15:03

The Iraqi Oil Ministry will ask international oil companies to submit bids for developing eight oil and gas fields at the end of June, a senior Iraqi oil official said Thursday.

E.ON Offers New Seasonal Storage Product For 2009-2010

Πεμ, 23 Απριλίου 2009 - 15:02

German utility company E.ON (EOAN.XE) said Thursday that E.ON Gas Storage is launching a new product in response to strong customer demand for the seasonal capacities offered at Bierwang and Breitbrunn early this year.

Iraqi Seeks Agreement With Kuwait About Shared Oil

Πεμ, 23 Απριλίου 2009 - 15:01

Iraq wants an agreement with Kuwait over shared oil fields, Kuwait-based Al Watan daily reports Thursday, citing an official in the Iraqi oil ministry.

Ukraine President To Review Gas Accords With Russia

Πεμ, 23 Απριλίου 2009 - 14:59

Agreements reached in January to end the gas dispute between Kiev and Moscow should be reviewed as they disadvantage Ukraine, the country's president, Viktor Yushchenko, said Wednesday.

Putin To Boycott Gas Summit This Week

Τετ, 22 Απριλίου 2009 - 19:40

Russian premier Vladimir Putin won't attend a gas conference in Sofia this week because of differences over the South Stream gas pipeline project, Bulgaria's government said Wednesday.

TNK-BP To Spend $88M On Environmental Protection In 09

Τετ, 22 Απριλίου 2009 - 19:37

BP PLC's (BP.LN) Russian joint venture TNK-BP Holding (TNBP.RS) plans to spend more than 3 billion rubles ($88 million) on environmental protection in Russia this year, Russian news agency RIA Novosti reports Wednesday, citing the company's vice president for health, safety and environment.

Ukraine Gas To Europe Halved YoY In 1Q 2009

Τετ, 22 Απριλίου 2009 - 19:35

The volume of gas moved through Ukraine to Europe in January to March fell just over 50% on the year to 17.6 billion cubic meters, the country's fuel and energy ministry said, reports the RIA Novosti news service Wednesday.

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.