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Hungary Parliament To Vote In Spring On Nuclear Expansion

Τετ, 25 Φεβρουαρίου 2009 - 16:06

The Hungarian government plans to submit a proposal to parliament in the spring on a minimum two-fold capacity expansion of the country's only nuclear power plan Paksi Atomeromu Zrt., Energy and Transport Minister Csaba Molnar said Wednesday.

Lukoil Cuts Overseas Capex By 20% In 2009

Τρι, 24 Φεβρουαρίου 2009 - 13:13

Russian oil producer OAO Lukoil Holdings (LKOH.RS) plans to reduce capital investments by at least 20% this year, but says it won't affect production volumes, the Interfax news agency reported Tuesday citing Andrei Kuzyaev, head of the company's overseas operations.

BP: N Sea Oil, Gas Ops Unsustainable At Current Price, Cost

Τρι, 24 Φεβρουαρίου 2009 - 13:10

BP PLC's (BP) oil and gas production business in the U.K. North Sea is unsustainable at current low oil prices and high costs, a spokeswoman for the company said Tuesday.

Alstom: Not Interested In Buying Siemens' Stake In Areva NP

Τρι, 24 Φεβρουαρίου 2009 - 13:08

French power-station equipment and train maker Alstom SA (1022047.FR) isn't eyeing a stake in compatriot Areva's (CEI.FR) nuclear unit Areva NP, which is being sold by Siemens AG (SI), a spokesman for the company said Tuesday.

BP Azeri Consortium Jan Oil Output Up 9.8% On Mo At 2.9M Tons

Τρι, 24 Φεβρουαρίου 2009 - 13:07

The BP PLC (BP)-led consortium that operates Azerbaijan's Azeri-Chirag-Guneshli block in the Caspian Sea produced 2.9 million tons of oil in January, up 9.8% from December, Azerbaijan's state statistics agency said late Monday.

KazMunaiGas EP: Proved Plus Probable Reserves Up 0.5%

Τρι, 24 Φεβρουαρίου 2009 - 13:06

Kazakh London-listed oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Tuesday its proved plus probable reserves increased 0.5% to 241.2 million metric tons, or 1.78 billion barrels.

Petroneft Resources Raises Estimates Of Russian Reserves 16%

Τρι, 24 Φεβρουαρίου 2009 - 13:05

Oil and gas company Petroneft Resources PLC (P8ET.DB) Tuesday said it raised estimates of its reserves in Russia.

TNK-BP Again In Talks With Denis Morozov

Τρι, 24 Φεβρουαρίου 2009 - 13:04

Anglo-Russian oil joint venture TNK-BP Holding (TNBP.RS) has restarted talks with former Norilsk Nickel (GMKN.RS) Chief Executive Denis Morozov to become the new head of the company, the Vedomosti daily reports Tuesday citing sources close to Morozov.

Iraq's Maliki To Make First Russia Visit

Δευ, 23 Φεβρουαρίου 2009 - 14:31

Iraqi Prime Minister Nuri al-Maliki is to make his first visit to Moscow for talks with Russian counterpart Vladimir Putin, a foreign ministry official said on Sunday.

Iran OPEC Head:OPEC Could Cut If Oil Price Keeps Falling

Δευ, 23 Φεβρουαρίου 2009 - 14:29

Iran's governor to the Organization of Petroleum Exporting Countries said the organization could decide to cut oil output at its next meeting if crude prices continue to decline, the daily Hamshahri newspaper reports Monday.

NIOC Exec: Iran Kharg Island & Mahshahr Terminals Now Open

Δευ, 23 Φεβρουαρίου 2009 - 14:27

Iran's Bandar Mahshar and Kharg Island crude oil terminals on the Persian Gulf are now open and oil exports have resumed after being closed due to bad weather conditions, a senior Iranian oil official said Monday.

Sweden's Vattenfall To Buy Dutch Nuon In EUR10.3B Deal

Δευ, 23 Φεβρουαρίου 2009 - 14:24

Swedish state-owned electricity company Vattenfall AB said Monday it is buying Nuon N.V. in a deal valuing the Dutch generator at EUR10.3 billion.

OMV Sells Italian Filling Stations To Focus On Growth Mkts

Δευ, 23 Φεβρουαρίου 2009 - 14:16

Austrian oil and gas company OMV AG (OMV.VI) said Monday it will sell its entire Italian filling stations business, which comprises 96 filling stations all located in the Trivineto region and gathered in the wholly-owned unit OMV Italia S.r.L.

Suez Environnement, Intrakat In Greek Waste-To-Energy Pact

Δευ, 23 Φεβρουαρίου 2009 - 14:13

Suez Environnement (SEV.FR) and Intrakat SA, part of Intracom Holdings SA (INTRK.AT) have entered into a cooperation agreement to develop municipal solid waste management projects in Greece, the two companies said Monday.

Enel To Take 12.5% Stake In Second French EPR Reactor

Δευ, 23 Φεβρουαρίου 2009 - 14:11

After investing in France's first EPR nuclear power station project in 2007, Italian energy company Enel SpA (ENEL.MI) will also take a 12.5% stake in a second French EPR project as part of a broader Franco-Italian nuclear energy protocol to be signed on Tuesday, La Tribune reported Monday.

The Construction of a Ruse-Gyurgevo Gas Pipe Discussed

Παρ, 20 Φεβρουαρίου 2009 - 16:06

Bulgaria and Romania will start a joint pre-investment research for the construction of an inter-system link for the transfer of natural gas in the section Ruse-Giurgevo. The two sides will analyze the opportunity for using partial financing from the European funds for the construction of the link, the Bulgarian energy holding announces.