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Gazprom, Other Cos Eye Gas Natural Power Plants

Δευ, 9 Μαρτίου 2009 - 19:52

Gas Natural SDG (GAS.MC) has up to 10 companies interested in the acquisition of gas-fired power plants that the Spanish gas supplier is required to sell following its takeover of electricity company Union Fenosa SA (UNF.MC), Gas Natural Chairman Salvador Gabarro was quoted as saying in an interview published Sunday by local daily El Pais.

Sofia Steps Back from Plans to Reopen Kozloduy Nuclear Plant

Δευ, 9 Μαρτίου 2009 - 17:40

Bulgaria has backed down on plans to restart two Soviet-era nuclear reactors and will now focus on lobbying for more European Union compensation for the shut units, officials said yesterday. Parliament gave the Socialist-led government a mandate in January to seek permission from the EU to reopen the reactors to cover losses caused by cuts in Russian gas supplies during its contract dispute with Ukraine and the economic crisis.

CNPC In Talks To Buy Kazakhstan Oil Asset

Παρ, 6 Μαρτίου 2009 - 17:35

China National Petroleum Corp. is in talks to buy an oil asset in Kazakhstan and will build a pipeline to the Russian border for less than CNY10 billion, the South China Morning Post reported Friday, citing company President Jiang Jiemin.

EU Very Concerned About New Gas Crisis

Παρ, 6 Μαρτίου 2009 - 17:30

The European Union is "very concerned" about the risk of a new gas crisis after recent comments from Ukraine and Russian Premier Vladimir Putin, E.U. Commission chief Jose Manuel Barroso said Thursday.

Turkey's Tupras To Pay 2008 Div Of TRY1.9716/Shr

Παρ, 6 Μαρτίου 2009 - 17:27

Turkish oil refiner Turkiye Petrol Rafinerileri A.S. (TUPRS.IS), or Tupras, said Friday it will pay a net dividend of 1.9716 Turkish lira ($1.1031) for each TRY1 nominal share, the Ihlas News Agency, or IHA, reported.

Iran Finances Power Plants, Business Growth In Ecuador

Παρ, 6 Μαρτίου 2009 - 17:25

Iran will finance two power plants in Ecuador and extend a $40-million loan for business development, officials from both countries said Thursday, three months after the first visit by an Ecuadoran president to Tehran.

Russian Mar Oil Exports Via Ports Seen Up 8.1% On Yr

Παρ, 6 Μαρτίου 2009 - 17:22

Russian oil exports through ports are expected to increase 8.1% on the year to 10.824 million metric tons in March, according to the Energy Ministry's schedules for oil exports seen by Prime-Tass news agency Thursday.

Lukoil Proven Reserves 19.3 Bln BOE; Dn 5.1% On Year

Παρ, 6 Μαρτίου 2009 - 17:16

Russia's biggest independent oil producer, OAO Lukoil (LKOH.RS), Friday said its proved hydrocarbon reserves totaled 19.3 billion barrels of oil equivalent as of Jan. 1, down from 20.4 billion a year ago.

UK PM:Move To Low CO2 Econ Could Create 400,000 Jobs

Παρ, 6 Μαρτίου 2009 - 17:05

The U.K.'s transition to a low-carbon economy could create 400,000 new jobs in the U.K. over the next eight years and put the country at the heart of a booming $4 trillion global sector as countries move to cut carbon emissions, U.K. Prime Minister Gordon Brown said Friday.

KazMunaiGas revenues almost doubled in 2008

Παρ, 6 Μαρτίου 2009 - 16:39

The financial results of Kazakhstan’s JSC National Company “KazMunaiGas” for 2008 were announced on February 24, 2009. The company has achieved positive results despite the negative climate in the global oil markets. According to the data made available, the total volume of oil and gas condensate produced by KazMunaiGas surpassed 18 million tons - an 8.2% increase over 2007.

The CPC sharply increased its oil transit

Παρ, 6 Μαρτίου 2009 - 16:27

In February 2009, the Caspian Pipeline Consortium (CPC) considerably increased oil shipments by 21.4% in comparison with the corresponding accounting month of 2008, the CPC press service announced. The CPC transports crude oil from Tengiz - one of Kazakhstan's biggest oilfields - to the Russian port of Novorossiysk.

Putin:New Ukraine Gas Crisis If Debt Not Paid Sat

Πεμ, 5 Μαρτίου 2009 - 19:07

Russian Prime Minister Vladimir Putin warned Thursday that Moscow would again cut off gas supplies to Ukraine and possibly Europe if Kiev doesn't pay off its latest debts by the weekend.

Ukraine Says Pays Off Gas Debts To Russia

Πεμ, 5 Μαρτίου 2009 - 19:05

Ukraine's state-run gas company said Thursday it had paid all of its February gas bill to Moscow after Russia warned of once again cutting off supplies to the country.