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Miller Pledges To Make Gazprom Neft Russia's No 1 Oil Co

Τετ, 9 Ιουλίου 2008 - 17:11

MOSCOW (Dow Jones)--Alexei Miller, the chief executive of Russia's state gas firm OAO Gazprom (GAZP.RS), Wednesday pledged to turn the company's oil subsidiary OAO Gazprom Neft (SIBN.RS) into the country's leading oil company and a large international player.

Iran To Drill 160 Oil Wells By March 2009 - Report

Τετ, 9 Ιουλίου 2008 - 17:08

TEHRAN (Dow Jones)-Iran says it will drill roughly 160 wells by next March, the oil ministry's official Shana Web site reported Wednesday.

Hungarian PM Gyurcsany Calls For Nabucco Pipe Summit

Τετ, 9 Ιουλίου 2008 - 17:06

BUDAPEST (Dow Jones)--Hungarian Prime Minister Ferenc Gyurcsany Tuesday called for a summit for countries involved in the Nabucco pipeline project and others who could potentially supply gas to Europe through the pipeline, state news agency MTI said.

GdF CEO Says Nabucco Pipeline In Europe's Interest

Τετ, 9 Ιουλίου 2008 - 17:04

PARIS (Dow Jones)--The chief executive of French state-controlled gas giant Gaz de France (1020848.FR) Tuesday said the proposed Nabucco gas pipeline would be in Europe's interest if it comes to fruition but that gas from Azerbaijan won't be enough to make it profitable.

Wildcatters Plunge Into North Iraq

Τετ, 9 Ιουλίου 2008 - 17:02

TAWKE, Iraq -- The Canadians are squeezing oil from sand. The Brazilians want to nurse it up through miles of seawater, sandstone and salt. But here in the far north of Iraq, oil is literally bubbling to the surface. Oil executives lament that the age of "easy oil" is over. It isn't over here

DJ Turkey Fin Min Sees Energy Imports Rising To $52B In '08 -IHA

Τετ, 9 Ιουλίου 2008 - 16:30

ISTANBUL (Dow Jones)--Turkish Finance Minister Kemal Unakitan said Wednesday that the country's energy imports will amount to $52 billion in 2008, compared with $34 billion in 2007, the Ihlas News Agency, or IHA, reported.

Kazakhstan Prefers Iran Route For Europe Oil Exports

Τρι, 8 Ιουλίου 2008 - 13:03

Kazakhstan said Monday it prefers Iran over Russia and Azerbaijan as an alternative crude oil transport route to Europe, Iran's semi-official Fars News Agency reported July 5, citing a Kazakh diplomat.

Azerbaijan Oil Output Up 8.7% In June On Mo; Exports Dn 4.5%

Τρι, 8 Ιουλίου 2008 - 13:01

Azerbaijan produced an average of 1,005,590 barrels of oil a day in June, up 8.7% on the previous month, the country's two producers said Monday.

Iran Boosts South Pars Natural Gas Production In 1Q

Τρι, 8 Ιουλίου 2008 - 12:58

Iran produced more than 10.3 billion cubic meters of natural gas from its giant South Pars gas field during the first three months of the Iranian year, the Iranian oil ministry's official Shana news Web site reported Monday.

Putin, Ahmadinejad Discuss Nuclear Plant Progress

Τρι, 8 Ιουλίου 2008 - 12:57

Russian Prime Minister Vladimir Putin and Iranian President Mahmoud Ahmadinejad on Monday discussed progress on a nuclear power plant Russia is building in Iran, a statement from Putin's office said.

Spain Wouldn't Object To Acciona, Enel Split Over Endesa

Τρι, 8 Ιουλίου 2008 - 12:55

Spain's government wouldn't object to Spanish utility Endesa SA's (ELE.MC) joint owners Acciona SA (ANA.MC) and Italy's Enel SpA (ENEL.MI) agreeing to split over disagreements about the company, Industry Minister Miguel Sebastian said Tuesday.

Iran Oil Min Calls For Change In IPI Pipeline Gas Price

Τρι, 8 Ιουλίου 2008 - 12:53

The price of Iranian gas to be exported through the Iran-Pakistan-India, or IPI, pipeline should be based on global market prices and the original agreements revised accordingly, Iran's oil minister said, the Iranian oil ministry's official Shana news Web site reported late Monday.