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Gazprom Wants Independents' Gas Transport Tariff Hiked

Δευ, 27 Οκτωβρίου 2008 - 17:06

Russia's natural gas giant OAO Gazprom (GAZP.RS) has asked the Federal Tariff Service to raise the tariff for gas transportation services for independent gas producers by approximately 20%, the regulator said Friday, Prime-Tass news agency reported.

Gazprom Deputy Chmn Sees Record 08 Pft, No Fincl Woes

Δευ, 27 Οκτωβρίου 2008 - 17:04

Russia's natural gas giant OAO Gazprom (GAZP.RS) will post record profits in 2008 despite the global financial crisis, Deputy Chairman Alexander Medvedev said in an interview published Sunday in an Italian newspaper.

Edison Gets EUR240M Deal To Supply Italy State Offices In 09

Δευ, 27 Οκτωβρίου 2008 - 17:03

Edison SpA (EDN.MI), Italy's number-two power generator by capacity, said Monday it has gained a contract worth about EUR240 million to supply electricity to public sector buildings in 2009, winning the tender for the third year in a row.

Timan Oil & Gas: FY Pretax Losses GBP11.18M Vs -2-

Παρ, 24 Οκτωβρίου 2008 - 13:21

"The Ministry of Natural Resources has estimated that the Izberbash and Sulak blocks contain Russian C3 resources of approximately three billion barrels of crude oil. Initial reserves estimates for Sulak should be completed during 2009 following our review of relevant seismic data. No wells have been drilled on either licensed area to date.

Emerging Mkt Bonds Fall As Crisis Deepens

Παρ, 24 Οκτωβρίου 2008 - 13:19

Emerging market debt came under intense pressure again Thursday, while developing country stocks traded in the U.S. closed flat following a highly volatile session.

Norway Will Not Join Gas Troika

Παρ, 24 Οκτωβρίου 2008 - 13:17

Norway will not join Russia, Iran and Qatar in a forum of gas-exporting states that has raised fears of a new OPEC-style cartel, the Norwegian ambassador in Moscow said Thursday.

Bahrain To Press On With Iran Gas Deal

Παρ, 24 Οκτωβρίου 2008 - 13:13

Bahrain intends to push ahead with plans to buy gas from Iran, despite the concerns of the U.S., an important ally for the small Gulf kingdom, the Financial Times reports Thursday on its Web site, citing senior officials.

Nigerian Oil Min: No Consensus Yet On OPEC Production Cut

Παρ, 24 Οκτωβρίου 2008 - 13:12

OPEC ministers still haven't reached consensus on a production cut, Nigerian oil minister Odein Ajumogobia said Friday, as they gather for a hastily-convened emergency meeting in the Austrian capital.

EU Barroso: Fincl Mkt Strains To Persist For Some Time

Παρ, 24 Οκτωβρίου 2008 - 13:10

European Commission President Jose Manuel Barroso said Friday he expects the current crisis in financial markets to carry on for some time, threatening the outlook for the global economy.

Spain Probes Possible Fraud In Renewables Subsidies

Παρ, 24 Οκτωβρίου 2008 - 13:09

Spain's Industry Ministry and the National Energy Commission, or CNE, are investigating a possible large fraud related to renewable power subsidies, Expansion newspaper reports Friday.

OPEC Likely To Cut By 1 Mln B/D To Keep Oil Above $70 - Al Hayat

Παρ, 24 Οκτωβρίου 2008 - 12:57

OPEC is likely to cut oil production Friday by 1 million barrels a day in a bid to keep oil prices above $70 a barrel, Saudi-owned newspaper Al-Hayat reported Friday.

Kazmunaigas E&P 9-Mo Oil Production Up To 8.91M Tons >RDGZ.KZ

Πεμ, 23 Οκτωβρίου 2008 - 13:12

Kazakhstan's state oil and gas company JSC KazMunaiGas Exploration and Production (RDGZ.KZ) said Thursday it produced 8.91 million metric tons of crude oil in the first nine months of this year, a year-on-year rise of 8.0%.

Russia Warms to OPEC, but Doesn't Promise Cuts

Πεμ, 23 Οκτωβρίου 2008 - 13:11

With crude prices dropping, Russia, the world's No. 2 oil exporter, pledged to cooperate with the Organization of Petroleum Exporting Countries -- but stopped short of any promise to join the cartel in production cuts to support the market.