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Lukoil To Invest Up To $1B In Caspian Projects - Prime-Tass

Τετ, 12 Νοεμβρίου 2008 - 14:35

Russian oil major OAO Lukoil Holdings (LKOH.RS) is planning to invest $1 billion in oil and gas production in the northern part of the Caspian Sea, Prime-Tass reported Wednesday, quoting the company's chief executive.

Putin OKs Caspian Gas Pipe Accord For Ratification

Τρι, 11 Νοεμβρίου 2008 - 14:00

Russian Prime Minister Vladimir Putin has signed a ruling to submit an agreement on the construction of a natural gas pipeline along the Caspian Sea coast to the parliament for ratification, the government's press service said Monday, news agency Prime-Tass reported.

EU To Seek Energy Supply From Asia,Africa,Boost Links

Τρι, 11 Νοεμβρίου 2008 - 13:59

The European Union must diversify energy supply by focusing on Central Asian gas and African potential for renewable energy sources, while integrating gas and electricity grids into a European supergrid to spur energy security, according to a draft of a strategic energy review seen by Dow Jones Newswires.

Czech CEZ Hopes Crisis Will Stall EU Climate Package

Τρι, 11 Νοεμβρίου 2008 - 13:57

Central Europe's top power producer, Czech-based CEZ AS, is pinning hopes on the financial crisis to thwart the approval of the E.U.'s green package, saying it would hit hard at the region's coal-dependent industry.

EU Must Improve Energy Security

Τρι, 11 Νοεμβρίου 2008 - 13:55

The European Union must improve the security of its energy supplies with offshore wind turbines and gas pipelines to the Caspian region, according to a European Commission report.

Iraq Seeks 1.7 Million Tons Of Fuel In Raft Of Tenders

Τρι, 11 Νοεμβρίου 2008 - 13:54

Iraq has issued a raft of tenders seeking a total of 1.695 million tons of gasoline, gas oil, kerosene and liquefied petroleum gas, or LPG, for delivery from Jan. 1 to June 30, 2009.

Romanian Romgaz Expects Flat 09 Fincl Results

Τρι, 11 Νοεμβρίου 2008 - 13:52

Romanian natural gas producer Romgaz Medias expects its financial results, gas sales and production to be flat on year in 2009, on lower gas consumption with some industrial consumers, General Manager Francisc Toth said Tuesday, news agency Mediafax reported.

RWE Says Examining Reorganization Of German Energy Retail Ops

Τρι, 11 Νοεμβρίου 2008 - 13:51

RWE AG (RWE.XE), the country's largest power producer by generation capacity, said Tuesday it plans to reorganize its domestic energy retail operations to better cope with increased competition.

IENE's 2nd Energy Week Begins With Seminar on Energy & Foreign Policy

Τρι, 11 Νοεμβρίου 2008 - 12:38

The possible repercussions on energy developments in SE Europe, and particularly in Greece, of the increasingly strained antagonism between the USA and Russia over the control of the supply sources and transport routes of energy raw materials were at the centre of the questions raised and the exchange of opinions that dominated the one-day conference on «Energy and Foreign Policy» organized by ΙΕΝΕ and which marked the beginning of the deliberations of the 2nd Energy Week.

KNOC Inks Final Pact To Explore 2 Uzbekistan Oil-Gas Blocks

Δευ, 10 Νοεμβρίου 2008 - 16:03

State-run Korea National Oil Corp., or KNOC, signed a final contract with Uzbekneftegaz to explore two oil and gas blocks in Uzbekistan, said KNOC and the energy ministry Monday.

French, Polish Leaders To Meet On Eve Of EU-Russia Summit

Δευ, 10 Νοεμβρίου 2008 - 15:56

Polish Prime Minister Donald Tusk will hold talks with French President Nicolas Sarkozy in Paris next week on the eve of a European Union-Russia summit, the Polish government said Friday.

S Ossetians Take Control Of Disputed Georgia Village -Tbilisi

Δευ, 10 Νοεμβρίου 2008 - 15:54

Militiamen from rebel South Ossetia have taken control of the disputed Georgian village of Perevi, raising fears that hundreds of villagers will flee their homes, Georgian officials said Saturday.

Kadhafi Bids To Ease Russia-Ukraine Tensions

Δευ, 10 Νοεμβρίου 2008 - 15:52

Libyan leader Moammar Gadhafi has launched a mediation effort to try to improve relations between Russia and Ukraine following a landmark visit to the region, a Libyan source said Saturday.