English Edition

Iran Sends Nuclear Protest To EU Foreign Policy Chief

Τρι, 7 Οκτωβρίου 2008 - 12:17

Iran's nuclear negotiator Said Jalili sent a protest to European Union foreign policy chief Javier Solana Monday over the West's attitude to his country's atomic programme, a senior Iranian official said.

Two TNK-BP Executives To Leave Co This Month

Τρι, 7 Οκτωβρίου 2008 - 12:15

Two executives at Anglo-Russian oil joint venture TNK-BP Holding (TNBP.RS) are leaving the company, a person close to the matter said Tuesday, as management changes in the country's third-largest oil producer continue.

Russia Wants More Ties With West Post-Georgia Conflict

Τρι, 7 Οκτωβρίου 2008 - 12:03

Russia will seek to mend fences with the West after the conflict in Georgia by brokering more foreign direct investment deals amid fears that the country faces a period of stag­flation, a ­senior adviser to President Dmitry Medvedev said Monday, The Financial Times reports Tuesday.

Rosneft To Sell Nov-Apr Fuel Oil To Totsa

Τρι, 7 Οκτωβρίου 2008 - 12:02

Russian energy major Rosneft (ROSN.RS) awarded a term supply tender to a trading unit of Total S.A. (TOT) for at least 480,000 metric tons of M100 fuel oil, traders said Tuesday.

Greece «Signs Pact» to Delay CO2 Plan

Δευ, 6 Οκτωβρίου 2008 - 15:04

A second Polish diplomat has confirmed the reported participation of Greece in an initiative being taken by a handful of relatively new European Union states aimed at stalling the EU’s plans for curbing global warming, Skai and Kathimerini have learned.

European Stocks Tumble On Growing Recession Concerns

Δευ, 6 Οκτωβρίου 2008 - 12:26

European stocks tumbled Monday amid heightened anxiety about the state of the global economy. "We now believe national recessions in the US and the UK will be deeper and longer than previously forecast," said Larry Hatheway, an economist at UBS in London. "For the first time, we also anticipate recession in the Eurozone."

Czech Govt Halts Sale Of CEZ Shrs Due To Mkt Turmoil

Δευ, 6 Οκτωβρίου 2008 - 12:20

The Czech government has halted its share sale in state-run power company CEZ AS (BAACEZ.PR) because of market turbulence and CEZ's currently lower share price, Finance Minister Miroslav Kalousek was quoted saying in the Hospodarske Noviny newspaper Monday.

MOL Acquires Around 20% Stake In Croatia INA Via Bid

Δευ, 6 Οκτωβρίου 2008 - 12:19

Hungarian oil and gas company MOL Nyrt. (MOL.BU) acquired about 20% of Croatian refiner INA d.d. (INA.ZG) via a public bid that ended Friday, Hungarian daily Nepszabadsag reports in its weekend edition, without citing sources.

German Cartel Office Stops Gas Price Probe Vs Six E.ON Units

Δευ, 6 Οκτωβρίου 2008 - 12:17

Germany's Federal Cartel Office Monday said it has stopped probing six units of utility E.ON AG (EOAN.XE) over inflated natural gas prices after the company made financial concessions.

Iraq Sep Oil Exports 1.644M B/D, -8.2% On Mo

Δευ, 6 Οκτωβρίου 2008 - 12:14

Iraq's crude oil exports in September slipped 8.2% to 1.644 million barrels a day from 1.780 million barrels a day in August, a senior Iraqi oil official said Monday.

Iran To Begin Gas Exports To Armenia By Oct 13

Δευ, 6 Οκτωβρίου 2008 - 12:13

Iran will begin gas exports to Armenia by October 13, the Oil Ministry's official Shana news Web site reported Monday, citing the director of engineering affairs for the National Iranian Gas Export Company (NIGEC).

Oil Under $100 Isn't Good For Investors, Producers: Iran Min

Δευ, 6 Οκτωβρίου 2008 - 12:11

Oil priced at less that $100 a barrel isn't acceptable for either producers or investors, Iranian Oil Minister Gholam Hossein Nozari said Saturday at an energy conference here.

KazMunaiGas To Develop N Block With ConocoPhillips, Mubadala

Δευ, 6 Οκτωβρίου 2008 - 12:00

Kazakh state oil and gas company KazMunaiGas, or KMG, said Sunday it has signed a memorandum of understanding with ConocoPhillips (COP) and Mubadala Development Company for joint exploration and production of the N Block, an offshore field in the Caspian Sea.