English Edition

Kazakh KazMunaiGas Gets Offshore Field E&P Contract

Δευ, 14 Ιουλίου 2008 - 12:26

Kazakh state oil and gas company KazMunaiGas, or KMG, has been awarded an exploration and production contract for the Mertviy Kultuk offshore oilfield in the Caspian Sea, the company said Monday.

Gazprom Ready For Iran Energy Deals

Δευ, 14 Ιουλίου 2008 - 12:23

Gazprom's (GZPFY) chief Sunday assured Iran that the Russian energy giant was ready to participate in major Iranian oil and gas projects, days after Total (TOT) dropped out of a multi-billion dollar gas deal.

Iran, Gazprom Sign MoU For Oil, Gas Cooperation

Δευ, 14 Ιουλίου 2008 - 12:22

The National Iranian Oil Co., or NIOC, and Russian energy giant Gazprom signed a memorandum of understanding to collaborate on the development of Iran's oil and natural gas fields, the oil ministry's Shana news agency reported late Sunday.

Iran Will Raise Oil Exports By Over 1M B/D By Mar '10

Δευ, 14 Ιουλίου 2008 - 12:20

Iran will raise crude oil exports by more than 1 million barrels a day by March 2010, Iran's English-language satellite channel Press TV reported Friday, citing the country's oil minister.

Iran Says Discovers Billion Barrel Oil Field

Δευ, 14 Ιουλίου 2008 - 12:18

Iran said Sunday that it has discovered a new oil field in the hydrocarbon-rich province of Khuzestan with more than one billion barrels of crude in place.

Karachaganak Petroleum Starts Paying Oil Export Duty

Δευ, 14 Ιουλίου 2008 - 12:16

Kazakh Deputy Finance Minister Daulet Yergozhin said Monday that Karachaganak Petroleum Operating started paying newly introduced export duty on crude oil as Tengizchevroil might be forced to pay the duty too, Interfax news agency reported.

Petrofac Confirms Algerian Contract To Build LNG Plant

Δευ, 14 Ιουλίου 2008 - 12:15

Oil and gas facilities services company Petrofac PLC (PFC.LN) Monday confirmed it had provisionally won a contract to build the Gassi Touil liquefied natural gas (LNG) plant in Algeria.

Italy PM Proposes Cap For Oil Prices Or Nuclear Invest

Δευ, 14 Ιουλίου 2008 - 12:07

Italy's Prime Minister Silvio Berlusconi said oil consuming countries should meet to fix a maximum price they are prepared to pay for oil or they would have to invest heavily in nuclear power, several Italian newspapers report Monday.

British Energy Prepares To Push French To Raise Bid

Δευ, 14 Ιουλίου 2008 - 12:05

Shareholders in British Energy Group PLC (BGY.LN) will meet in Scotland this week with the future of the nuclear generator hanging on a battle of wills between the board and Electricite de France SA (1024251.FR) over the French company's bid for British Energy, U.K. newspaper The Guardian reports Monday.

Red Tape Blocking Energy Investments

Δευ, 14 Ιουλίου 2008 - 11:43

Bureaucracy is putting the brake on investments worth 2.5 billion euros in the sector of renewable energy sources (RES), representatives of four leading Spanish companies said yesterday, as Greece trails its European peers in developing alternative power systems.