English Edition

Putin: Russia Has No Imperial Ambitions

Παρ, 12 Σεπτεμβρίου 2008 - 12:29

Russia has no imperial ambitions, Prime Minister Vladimir Putin was quoted as saying Thursday, amid worries in countries such as Ukraine after last month's conflict in Georgia.

RWE Already Sees A Lot Of Interest In Its Gas Network

Παρ, 12 Σεπτεμβρίου 2008 - 12:27

German utility company RWE AG (RWE.XE) has already seen a lot of interest in its gas network unit, board member Berthold Bonekamp said Thursday at an energy conference in Cologne.

Turkish Energy Minister To Visit Iran In October

Παρ, 12 Σεπτεμβρίου 2008 - 12:25

Turkish Energy Minister Hilmi Guler will visit Iran at the start of October, a senior Energy Ministry official said Thursday, the Ihlas News Agency, or IHA, reported.

Total CEO: Oil Below $100/Bbl Threatens Some Projects

Παρ, 12 Σεπτεμβρίου 2008 - 12:21

The price of oil has fallen to a level where some of the most expensive oil projects may no longer be commercially viable, U.K. newspaper the Financial Times reports Total SA (TOT) Chief Executive Christophe de Margerie as saying Friday.

Statoil Hydro Finds Gas In Norwegian Sea

Παρ, 12 Σεπτεμβρίου 2008 - 12:18

StatoilHydro Petroleum AS said Friday it is now concluding the drilling of wildcat well 6407/7-8.

Armenian Power

Πεμ, 11 Σεπτεμβρίου 2008 - 13:20

Armenia has signed a deal to supply electricity to Turkey, Energy Minister Armen Movsisian said yesterday, in the first tangible sign of a thaw in relations since an historic weekend visit by the Turkish president. Movsisian told reporters that the deal will see electricity from Armenian thermal power plants supplied to eastern Turkey from the beginning of 2009.

China Studying Third West-East Gas Pipeline

Πεμ, 11 Σεπτεμβρίου 2008 - 11:46

China might build a third west-east gas pipeline in a bid to meet strong demand along its economically vibrant eastern seaboard, state media reported Thursday.

Azerbaijan OKs Oil Shipments By Rail From Tengiz Field

Πεμ, 11 Σεπτεμβρίου 2008 - 11:44

The Chevron Corp. (CVX) joint venture TengizChevrOil operating the giant Tengiz oil field in Kazakhstan has agreed with Azerbaijan's state oil company Socar to ship oil by rail through Azerbaijan and Georgia, a source at Socar said.

Iran Seeks To Be Alternative Route For Caspian Oil

Πεμ, 11 Σεπτεμβρίου 2008 - 11:42

Iran is seeking to boost its role as a Central Asian oil hub after a competing route through Georgia suffered disruptions last month, a top Iranian oil official said Tuesday.

E.ON CEO: Higher Chance Of Nabucco Pipe Success If Iran Link

Πεμ, 11 Σεπτεμβρίου 2008 - 11:40

The proposed Nabucco natural gas pipeline would have a "higher" possibility of success if a link to hydrocarbon-rich Iran is included, E.ON's (EOAN.XE) Chief Executive Wulf Bernotat said Wednesday.

Iran Bandar Abbas Refinery Fully Operational After Earthquake

Πεμ, 11 Σεπτεμβρίου 2008 - 11:38

Iran's 320,000-barrel-a-day refinery in the southern port city of Bandar Abbas is fully operational after a 6.1 magnitude earthquake hit 35 miles outside of the city, the refinery's head of public relations said Wednesday.

Oil Finds By Galp, Petrobras Off Portugal Likely

Πεμ, 11 Σεπτεμβρίου 2008 - 11:37

A consortium of Portuguese oil firm Galp Energia SGPS (GALP.LB), Brazil's state-oil firm Petroleo Brasileiro SA (PBR) and Partex is likely to hit oil off the coast of Lisbon, the Diario Economico newspaper reports Thursday.

IEA Head: Hope Saudi Will Continue Current Output Levels

Πεμ, 11 Σεπτεμβρίου 2008 - 11:35

The International Energy Agency hopes Saudi Arabia will maintain its current oil output level, Executive Director Nobuo Tanaka said Thursday.