English Edition

Turkey's Sabanci To Pay $342.9M For Enerjisa's Cap Hike

Παρ, 23 Ιανουαρίου 2009 - 13:25

Turkish conglomerate Haci Omer Sabanci Holding (SAHOL.IS) will pay $342.9 million to increase the capital of Enerjisa Power Generation AS, the company said late Thursday, Ihlas news agency, or IHA, reported Friday.

Gazprom To Spend More On Energy Saving Technology

Παρ, 23 Ιανουαρίου 2009 - 13:23

Gazprom OAO (GAZP.RS) plans to spend more to develop energy-saving technology and improving its commercial processing of gas, the Itar-Tass news agency said Friday, citing Gazprom's news service.

Kazakhstan Ups Gas Transit Tariff For Gazprom 21.4%

Πεμ, 22 Ιανουαρίου 2009 - 13:46

Kazakhstan has increased the gas transit tariff for Russian natural gas monopoly OAO Gazprom (GAZP.RS) to $1.70 per 1,000 cubic meters of gas per 100 kilometers from $1.40 currently, Sauat Mynbayev, Kazakhstan's minister of energy and mineral resources, said Wednesday, news agency Prime-Tass reported.

Naftogaz Seeks 10 BCM Of Gas From Trader Rosukrenergo

Πεμ, 22 Ιανουαρίου 2009 - 13:45

Ukraine's state gas firm Naftogaz claims the ownership right to 10 billion cubic meters of stored natural gas belonging to trader Rosukrenergo as part of a deal to take on the company's debt, the Vedomosti daily says Thursday citing a source close to Ukraine's Prime Minister Yulia Tymoshenko.

EU Mulls EUR3.5B Spend To Reduce Russia Gas Dependence

Πεμ, 22 Ιανουαρίου 2009 - 13:43

The European Commission plans to invest EUR3.5 billion in a natural gas and power network to bypass dependence on the Russia-Ukraine gas pipeline, Handelsblatt reported Thursday, citing an internal document to be released next week.

Putin, Czech PM Discuss Gas Deal Betwen Russia And Ukraine

Πεμ, 22 Ιανουαρίου 2009 - 13:41

Russian Prime Minister Vladimir Putin discussed a natural gas agreement with Ukraine Wednesday with Czech Prime Mirek Topolanek, whose country holds the E.U. presidency, Russian news agencies reported.

Bulgaria Lifts Gas Rationing, Seeks To Diversify Sources

Πεμ, 22 Ιανουαρίου 2009 - 13:21

The Bulgarian government lifted all restrictions on gas supplies to companies and households on Tuesday after announcing the end of its gas crisis.

Eni,Nippon Oil,Repsol Compete For Iraq Oil Contract

Πεμ, 22 Ιανουαρίου 2009 - 12:42

International oil companies Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO) and Spain's Repsol YPF SA (REP) are competing for a contract to develop the Nassiriya oil field in southern Iraq, one of the world's vast oil fields, an authorized oil ministry spokesman said Thursday.

Gazprom Plans Two Large Gas Storage Sites In Germany

Πεμ, 22 Ιανουαρίου 2009 - 12:40

Russian gas company OAO Gazprom (GAZP.RS) plans to build two huge underground gas storage facilities in northeastern Germany, the DDP news agency reports Wednesday.

President Parvanov to Visit Asia

Τετ, 21 Ιανουαρίου 2009 - 18:35

According to the schedule provided by President Parvanov`s press service, he is leaving for Azerbaijan Wednesday, where on Thursday he is going to have meetings with top Azerbaijani officials over energy, economic, and trade cooperation. In March 2008, Bulgaria's President had a three-day visit to Azerbaijan.

First Quantities of Gas from Ukraine Arrive in Bulgaria

Τετ, 21 Ιανουαρίου 2009 - 18:32

Russian gas started running through Bulgaria's gas transit system, Economy and Energy Ministry announced. Bulgaria has demanded at least 8.6 mln cubic meters of gas per day. Currently, much larger quantities are being delivered. The received gas from Ukraine is only for Bulgaria's needs.

Gazprom Gets License To Develop Field In Algeria

Τετ, 21 Ιανουαρίου 2009 - 12:34

Russian gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it had received exploration and development rights to the El Assel field in Algeria.

Obama: Many Challenges Of Crisis Facing US `Will Be Met'

Τετ, 21 Ιανουαρίου 2009 - 12:33

With a call to unite to confront the greatest challenges facing the country in generations, Barack Obama was sworn in as the 44th president of the United States, the final step in a historic run from relative national obscurity fours years ago to become the first African-American to occupy the White House.