English Edition

Edison CEO: Turkey Wants 8BCM/Yr Out Of 12BCM Azeri Gas

Παρ, 5 Δεκεμβρίου 2008 - 17:41

Chief Executive Umberto Quadrino of leading Italian energy company Edison SpA (EDN.MI) said Turkey is demanding a large chunk of the natural gas Azerbaijan is offering, but he remains confident a deal can be worked out.

Iraq Oil Min Gives Mixed Signals On Kurdish Contracts

Παρ, 5 Δεκεμβρίου 2008 - 17:40

Iraqi Oil Minister Hussein al-Shahrastani gave mixed signals about a possible detente over oil contracts between the central government and the semi-autonomous Kurdish region Friday.

Gazprom OKs Draft 2009 Investment Program, Budget, Cost Plan

Παρ, 5 Δεκεμβρίου 2008 - 17:39

Russian gas monopoly OAO Gazprom (GAZP.RS) Friday said it has approved a draft investment program, budget and cost reduction program for 2009.

EU Offers Closer Ties With Former-Soviet States

Πεμ, 4 Δεκεμβρίου 2008 - 12:25

The European Commission Wednesday proposed closer ties with Ukraine, Georgia and other ex-Soviet states, but denied it was seeking a "sphere of influence" in former Soviet countries.

Slovakian Energy Co SPP Signs 20-year Gas Deal With Gazprom

Πεμ, 4 Δεκεμβρίου 2008 - 12:23

The largest Slovak gas company Slovensky plynarensky priemysel, or SPP, said Wednesday it had signed contracts for natural gas supplies for 2009-2028 with giant Russian gas producer OAO Gazprom (GAZP.RS).

Ukraine's Gas Payments Hit By Hryvna Devaluation

Πεμ, 4 Δεκεμβρίου 2008 - 12:22

A sharp fall in Ukraine's currency has added $82 million to the country's bill for natural gas, imported from Russia, Ukraine's national gas company Naftogaz said Wednesday.

Putin: Russia Will Limit Gas To Nations That Hinder Transit

Πεμ, 4 Δεκεμβρίου 2008 - 12:20

Russian Prime Minister Vladimir Putin Thursday said Moscow would limit supplies of natural gas to nations that impede transit, but doesn't see problems in deliveries to Europe.

Cyprus Says Oil Row With Turkey Could Derail Peace Talks

Πεμ, 4 Δεκεμβρίου 2008 - 12:19

U.N.-led talks to reunify the Mediterranean island of Cyprus could be derailed by Turkey's obstruction of vessels searching for oil offshore, Cypriot President Demetris Christofias said in a letter made public on Wednesday.

Gazprom Plans Total 2009 Investment Of RUB920 Bln

Πεμ, 4 Δεκεμβρίου 2008 - 12:17

Russian gas monopoly OAO Gazprom (GAZP.RS) plans to invest a total of 920 billion rubles ($32.95 billion) in 2009, part of which may be provided by the state, Chief Executive Alexei Miller told reporters Wednesday.

Egypt Wants Gazprom To Join Natural Gas Projects

Πεμ, 4 Δεκεμβρίου 2008 - 12:16

Egyptian Natural Gas Holding Co. wants Russia's natural gas monopoly OAO Gazprom (GAZP.RS) to take part in projects to explore and develop natural gas deposits and produce liquefied natural gas in Egypt, Gazprom said Wednesday, Prime-Tass news agency reported.

Turkey Nuclear Plant Decision Due Dec 19/Dec 20

Τετ, 3 Δεκεμβρίου 2008 - 12:17

Turkish Energy Minister Hilmi Guler said Wednesday the country's Atomic Authority, or TAEK, will announce its decision on the tender to build the first-ever nuclear power station in the country Dec. 19 or Dec. 20, Ihlas News Agency reported.

ONGC Videsh Likely To Sign Iraq Oil Block Deal Soon

Τετ, 3 Δεκεμβρίου 2008 - 12:15

ONGC Videsh, the overseas unit of Oil & Natural Gas Corp. (500312.BY), is likely to sign an agreement for an oil block awarded to it by the former regime of Saddam Hussein in Iraq in the next two months, the Business Standard reported Wednesday, citing unnamed sources.

Eni:Force Majeure On 15,000-18,000B/D Nigeria Output

Τετ, 3 Δεκεμβρίου 2008 - 12:12

Italian oil major Eni SpA (E) has declared force majeure on 15,000 to 18,000 barrels a day of its share of Nigeria crude output, a spokesman for the company told Dow Jones Newswires Wednesday.