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Chevron Puts 3Q Net Above 2Q On Stronger Refining Results>CVX

Παρ, 10 Οκτωβρίου 2008 - 13:13

Chevron Corp. (CVX) expects to report third-quarter earnings that exceeded the previous quarter's on significantly better results in its downstream refining and marketing operations.

BP Restarts Oil Output At 300,000B/D West Azeri Platform

Παρ, 10 Οκτωβρίου 2008 - 13:11

BP PLC (BP) Thursday night restarted oil production at the 300,000 barrel a day capacity West Azeri oil platform, on Azerbaijan's Azeri-Chirag-Gunashli field, a spokeswoman for the company said Friday. The Central Azeri platform on the same field, with capacity to pump 350,000 barrels of oil a day, remains shut down, she said.

Oil Demand Growth Heads To 15-Yr Low On Fincl Woes

Παρ, 10 Οκτωβρίου 2008 - 13:09

The International Energy Agency on Friday warned that global oil demand this year is on course to register its weakest growth in 15 years and is likely to log similarly anemic growth in 2009 as the world's financial woes eat away economic activity.

Cadogan To Start Production In 4Q, Invest $498M By 2010

Παρ, 10 Οκτωβρίου 2008 - 13:03

Cadogan Petroleum (CAD.LN), an independent oil and gas company with assets in Ukraine, expects to start commercial production of natural gas by the end of 2008, and to move to "substantial production" by mid-2009, Chief Executive Mark Tolley told Dow Jones Newswires Thursday.

Iran Oil Min: OPEC May Hold Mid-Nov Emergency Mtg

Παρ, 10 Οκτωβρίου 2008 - 12:42

Iran's oil minister said Thursday the Organization of Petroleum Exporting Countries may hold an emergency meeting in mid-November, the state IRNA news agency reported.

Kazakh KazMunaiGas EP Plans GDR, Share Buyback

Πεμ, 9 Οκτωβρίου 2008 - 14:56

London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Thursday it would buy back its common shares and global depository receipts traded on the Kazakhstan and London Stock Exchanges, respectively.

Sojitz, Uzbekistan In Pact On Possible Uranium JV

Πεμ, 9 Οκτωβρίου 2008 - 14:54

Sojitz Corp. (2768.TO) said Thursday it has signed an agreement with the Uzbekistan government on uranium exploration.

TNK-BP:To Invest In Ukraine's Refinery, Eyes Upstream Options

Πεμ, 9 Οκτωβρίου 2008 - 14:50

Despite the current financial crisis, Anglo-Russian oil joint venture TNK-BP (TNBP.RS) is still ready to modernize its refinery in Ukraine and is studying options to expand its upstream business in the country, Sergey Lisunov, the president of TNK-BP Commerce, TNK-BP's subsidiary in Ukraine told Dow Jones Newswires Wednesday.

Ukraine Opposition Supports Naftogaz Privatization

Πεμ, 9 Οκτωβρίου 2008 - 14:48

Ukraine's opposition supports partial privatization of the national natural gas company Naftogaz Ukrainy, a former energy minister said Wednesday.

Lithuania To Vote On Delaying EU-Agreed Nuclear Plant Shutdn

Πεμ, 9 Οκτωβρίου 2008 - 14:46

Lithuania's voters will Sunday have a chance to increase the pressure on the European Union to delay the shutdown of a Chernobyl-style nuclear plant which provides the bulk of the Baltic state's power.

Russia Denies Weapons Sales To Iran

Πεμ, 9 Οκτωβρίου 2008 - 14:44

Russia on Thursday denied reports it plans to sell S-300 surface-to-air missiles to Iran, a move that could complicate an attack on that country's nuclear infrastructure.

Moscow Stocks Continue Their Rebound, RTS Halted

Πεμ, 9 Οκτωβρίου 2008 - 14:42

Russian stocks rebounded sharply in Thursday's afternoon trading, with financial markets regulators causing confusion among traders by suspending and resuming trading at MICEX twice after a sharp surge in prices.

France Plans EUR400M For Low-Carbon Vehicle R&D

Πεμ, 9 Οκτωβρίου 2008 - 14:40

French President Nicolas Sarkozy Thursday said the government has earmarked EUR400 million in financing for research and development into low-carbon emission vehicles over the next four years.