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Russia's TMK Signs Supply Contract With Turkmengas >TRMKG.RS

Πεμ, 6 Νοεμβρίου 2008 - 15:22

Russian industrial pipe maker OAO TMK (TRMK.RS) said Thursday it has signed a pipe supply contract with Turkmenistan's state gas company Turkmengas.

Kazatomprom In JV To Build Chinese Nuclear Power Plants

Πεμ, 6 Νοεμβρίου 2008 - 15:20

Kazakhstan's state-owned nuclear fuel company, Kazatomprom, will form a joint venture with Chinese companies to build nuclear power plants in China, Kazatomprom's chief executive said Thursday.

EU Sees ITGI, Nabucco Gas Lines Strategic

Πεμ, 6 Νοεμβρίου 2008 - 15:18

The European Union doesn't have any preferences between two natural gas pipeline projects that will import gas from the Caspian in an effort to reduce Russia's stranglehold on E.U. energy supply, Edison SpA (EDN.MI) Chief Executive Umberto Quadrino said Wednesday

Russia, Italy To Sign Energy Deals During Berlusconi Visit

Πεμ, 6 Νοεμβρίου 2008 - 15:16

Russia and Italy were to sign energy deals Thursday during a one-day visit to Moscow by Italian Prime Minister Silvio Berlusconi, a Kremlin official said.

Italy Min Says Country To Have Nuclear Power By 2018

Πεμ, 6 Νοεμβρίου 2008 - 15:06

Italy will generate nuclear electricity by 2018 as the government aims to see around a quarter of the country's needs met by atomic power, writes daily La Stampa Thursday, citing Industry Minister Claudio Scajola.

Iraq-Turkey Oil Pipeline Shut Down After Explosion

Πεμ, 6 Νοεμβρίου 2008 - 15:04

An explosion in southeastern Turkey late Wednesday destroyed parts of a pipeline carrying oil from Kirkuk, Iraq, to the Turkish port of Ceyhun, Saudi Press Agency, or SPA, reports citing Turkish official news agency, Anadolu.

Abu Dhabi Official: Need Rules For Oil Consumers, Producers

Πεμ, 6 Νοεμβρίου 2008 - 15:02

An Abu Dhabi government official Thursday called for a set of "balanced business rules," by which both oil consuming nations and oil producing states can do business, to be introduced to stabilize the market.

OMV, Gazprom, VSE To Create Gas Exchange In Austria

Πεμ, 6 Νοεμβρίου 2008 - 15:01

Austrian oil and gas company OMV AG (OMV.VI) said Wednesday it has signed an agreement with three other parties for the joint further development of the Central European Gas Hub and the establishment of a Central European gas exchange in Austria.

GEA Group Gets EUR15M Contract From Uzbekistan

Τετ, 5 Νοεμβρίου 2008 - 13:02

German engineering group GEA Group AG (G1A.XE) said Wednesday it recently received an order to supply compression equipment for the operation of a natural gas pipeline in Uzbekistan.

Libya Gadhafi In Ukraine For Talks On Energy, Military Deals

Τετ, 5 Νοεμβρίου 2008 - 13:00

Libyan leader Moammar Gadhafi arrived in Ukraine Tuesday in a regional tour, focussed on energy and military cooperation, that has already seen him pitch tent in Russia and Belarus.

Kuwait Cutting Oil Output By About 100,000 B/D From Nov-Exec

Τετ, 5 Νοεμβρίου 2008 - 12:51

Kuwait is cutting its crude oil output by 100,000 barrels a day from this month as part of a pledge by the OPEC to ship 1.5 million barrels a day less globally, a senior executive said Wednesday.

Iran OPEC Chief: Econ To Be Priority For New US Govt

Τετ, 5 Νοεμβρίου 2008 - 12:48

Improved economic conditions in the U.S. will be positive for the energy market because it will boost crude oil demand and should be a priority for any new administration in Washington, Iran's Organization of Petroleum Exporting Countries Governor said.

Russia Deputy PM: Wants Better OPEC Ties But Not Quota

Τετ, 5 Νοεμβρίου 2008 - 12:45

Russia intends to cooperate with the Organization of Petroleum Exporting Countries, or OPEC, but will keep its own position on issues relating to oil production volumes, the Interfax news agency reported Wednesday citing the country's Deputy Prime Minister Igor Sechin.