English Edition

Rosneft 3Q GAAP Net Pft Up 80% On Prices, Refining Volumes

Δευ, 1 Δεκεμβρίου 2008 - 17:14

Russia's biggest oil producer OAO Rosneft (ROSN.RS) Monday said third-quarter net profit rose 80% on the year, helped by high crude prices and an increase in refining volumes.

BP:In Talks To Sell CPC Oil Pipe Stake To Lukoil, KazMunaiGas

Παρ, 28 Νοεμβρίου 2008 - 17:56

A BP PLC (BP) spokesman said Friday the company is in talks to sell its stake in the Caspian Pipeline Consortium to Russian oil company Lukoil Holdings (LKOH.RS) or state-owned Kazakh energy company KazMunaiGas.

Iraq Govt, Kurdistan Agree To Turkey Oil Exports

Παρ, 28 Νοεμβρίου 2008 - 17:54

Iraq has settled a disagreement with Kurdistan on exporting Kurdish oil to Turkey, Reuters reported Thursday, citing an Iraqi oil ministry spokesman.

Iran Oil Min: OPEC May Decide Oil Output Cut In December

Παρ, 28 Νοεμβρίου 2008 - 17:53

OPEC will assess oil-market conditions when it meets Saturday in Cairo, but the group may delay a final decision on whether to further reduce oil output until it meets again next month in Algeria, Iranian oil minister Gholam Hossein Nozari said Friday.

Enel Weighs Sale Of Natural-Gas Grid Stake

Παρ, 28 Νοεμβρίου 2008 - 17:52

Italy's biggest utility by revenue, will soon try to sell a controlling stake in its Italian natural-gas grid, a person familiar with the matter said.

Vattenfall Europe Doesn't Plan To Up German Retail Pwr Prices

Παρ, 28 Νοεμβρίου 2008 - 17:51

German utility Vattenfall Europe AG Friday said it doesn't plan to raise retail power prices at the beginning of 2009 despite increased power generation costs.

Lukoil Get EUR400M Loan For Stake In Italy's ISAB Refinery

Παρ, 28 Νοεμβρίου 2008 - 17:50

Russia's biggest independent oil producer OAO Lukoil (LKOH.RS) said Friday it has obtained a EUR400 million loan to finance its 49% stake in Italy's ISAB refinery.

Germany Says Well On Track To Meet Kyoto Emissions Goals

Παρ, 28 Νοεμβρίου 2008 - 17:49

The German government released data for 2007 greenhouse gas emissions Friday that it said showed it was well on track to meet its international climate change commitments under the Kyoto Protocol.

Obama To Decide On Iran Diplomatic Outpost In Iran

Πεμ, 27 Νοεμβρίου 2008 - 18:03

US Secretary of State Condoleezza Rice said Wednesday she would leave the decision on whether to open a US interests section in Tehran to president-elect Barack Obama.

No Output Decision Seen Sat In Cairo-OPEC Delegate

Πεμ, 27 Νοεμβρίου 2008 - 18:01

Members of the Organization of Petroleum Exporting Countries are expected to leave the organization's output unchanged when they meet in Cairo Saturday, an OPEC delegate said Thursday.

Gazprom Sees Siberia,Far East Reserves +7,000 BCM

Πεμ, 27 Νοεμβρίου 2008 - 18:00

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) plans to increase its natural gas reserves in Eastern Siberia and the Russian Far East by up to 7 trillion cubic meters before 2030, the company said in a statement Wednesday.

Gazprom, PdVSA To Jointly Study Block At Orinoco Oil Basin

Πεμ, 27 Νοεμβρίου 2008 - 17:59

Russian gas monopoly Gazprom OAO (GAZP.RS) said Thursday it would study the Ayacucho-3 block of Venezuela's Orinoco oil basin together with Petroleos de Venezuela SA.

Petrobras, BG, Repsol Make Large Find At Guara

Πεμ, 27 Νοεμβρίου 2008 - 17:58

The Guara find in Brazil's Santos Basin by state-run oil firm Petroleo Brasileiro SA (PBR), BG Group PLC (BG.LN) and Repsol YPF SA (REP) represents a massive discovery, a person familiar with the situation said Thursday.