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China, Kazakhstan Pledge To Boost Border-Area Trade - Xinhua

Παρ, 31 Οκτωβρίου 2008 - 14:02

China and Kazakhstan on Friday issued a joint communiqué pledging to support economic and trade development in their border areas, and to boost their strategic partnership, the Xinhua news agency reported.

Lundin Petroleum Hits Oil At Langanskaya Well In Russia

Παρ, 31 Οκτωβρίου 2008 - 14:00

Swedish oil company Lundin Petroleum AB (LUPE.SK) said Friday its Laganskaya-1 exploration well in the Lagansky block in Russia's Caspian Sea had hit oil.

Italy PM, Gazprom CEO Discussed Gazprom Ties With Italian Cos

Παρ, 31 Οκτωβρίου 2008 - 13:58

Italian Prime Minister Silvio Berlusconi Thursday met with OAO Gazprom (GAZP.RS) Chief Exectuive Alexey Miller to discuss boosting relationships with Italian energy companies.

Germany E.ON: No Decision Yet On Possible Gas Price Cut Timing

Παρ, 31 Οκτωβρίου 2008 - 13:56

E.ON Ruhrgas AG hasn't decided yet on the timing of a possible reduction of gas prices, Bernhard Reutersberg, chief executive of E.ON Ruhrgas, a unit of E.ON AG (EOA.XE), said Thursday.

Libya Offers To Host Russian Military Base

Παρ, 31 Οκτωβρίου 2008 - 13:55

Libyan leader Moamer Kadhafi, who visits Moscow Friday for the first time since 1985, will offer to host a Russian naval base in his north African country, a Russian newspaper reported.

Group Of Western Oil Cos In Pact With Kazakhstan Govt

Παρ, 31 Οκτωβρίου 2008 - 13:53

A group of western oil companies signed an agreement with the government of Kazakhstan on Friday that resolves a long-running dispute over one of the world's largest oilfields in the Caspian Sea.

Nigeria Cuts Nov,Dec Oil Exports 5% In Line With OPEC

Παρ, 31 Οκτωβρίου 2008 - 13:51

Nigerian National Petroleum Corp. has contacted some of its crude oil buyers to inform them that it will be reducing export volumes by 5% in November and December, traders of West African crude based in London said Friday.

UK Govt Mulls Feed-In Tariff For Small Power Projects

Παρ, 31 Οκτωβρίου 2008 - 13:49

The U.K. government is keen to get an amendment into the energy bill going through parliament that would allow a subsidy called a feed-in tariff to be given to energy projects smaller than 3 megawatts in capacity, U.K. newspaper The Guardian reports Friday.

BP, Jordan Close To Risha Gas Field Devt Deal

Πεμ, 30 Οκτωβρίου 2008 - 22:54

U.K. oil major BP PLC (BP) could sign a preliminary deal with Jordan to explore and boost production from the Kingdom's Risha gas field near the border with Iraq, the country's energy minister said late Tuesday.

EDF's Nuclear Power Availability Could Slide In '08

Πεμ, 30 Οκτωβρίου 2008 - 22:53

The availability ratio of state-owned Electricite De France's (1024251.FR) nuclear power stations could fall to 79% in 2008 from 80.2% last year and 83.6% in 2006, Les Echos reported on its Web site, saying a series of technical incidents at nuclear plants is to blame.

French Budget Min Sees Gas Price Retreating

Πεμ, 30 Οκτωβρίου 2008 - 22:52

The price French consumers pay for gas is set to fall, reflecting the retreat in the price of oil in recent weeks, Budget Minister Eric Woerth said Thursday.

Iraq Fin Min Sees 2009 Budget Down $10-15 Bln

Πεμ, 30 Οκτωβρίου 2008 - 22:51

Iraqi Finance Minister Bayan Jabor said Thursday that he expects Iraq's 2009 budget to be reduced by between $10 billion and $15 billion because of the falling price of oil.

Gazprom Neft Might Cut 2009 Capital Investment By 20%-25%

Πεμ, 30 Οκτωβρίου 2008 - 22:50

OAO Gazprom Neft (SIBN.RS), the oil arm of Russian gas monopoly OAO Gazprom (GAZP.RS), might cut its 2009 capital investment by between 20% and 25%, a Gazprom Neft official said Wednesday.