English Edition

Gazprom CEO: Russia To Boost Gas Imports From Turkmenistan

Gazprom CEO: Russia To Boost Gas Imports From Turkmenistan

Russia is boosting its gas imports from Turkmenistan, the chief executive of gas giant OAO Gazprom (OGZPY) said Friday, amid growing competition with the West and China for access to the ex-Soviet country's gas.

Kazakhstan Pres Seeks Devt Help, May Cut Energy Output

Kazakhstan Pres Seeks Devt Help, May Cut Energy Output

Kazakhstan President Nursultan Nazarbayev said Sunday in an interview with Italian daily La Repubblica that the country is ready to cut its oil and gas output if other international countries don't help to further develop the country itself.

Russian Parliament OKs Tax Cut For Oil Producers

Russian Parliament OKs Tax Cut For Oil Producers

Russia's parliament Friday approved a tax cut which would save Russian oil majors billions of dollars as part of measures to boost production amid record prices, news agencies reported.

EUs Solana In Positive Iran Talks, Awaits Reply

EU's Solana In Positive Iran Talks, Awaits Reply

European Union foreign policy chief Javier Solana held "positive" talks Friday with Iran's nuclear negotiator and expects elements of Tehran's response to an international offer very soon, his spokeswoman said.

Iran Gas Pipeline To Turkey, Europe To Be Built Soon

Iran Gas Pipeline To Turkey, Europe To Be Built Soon

Construction of a 600-million euro pipeline supplying Iranian natural gas to Turkey and Europe will soon begin, Iran's English-language satellite channel Press TV reported Saturday, citing a senior oil official.

Irans NIOC Appoints New Execs For Intl,Invest Affairs

Iran's NIOC Appoints New Execs For Intl,Invest Affairs

National Iranian Oil Co. has appointed former executive director for international affairs Hojatollah Ghanimifard as the company's new deputy director for investment affairs, the Iranian oil ministry's official Shana news Web site reported Monday.

CEZ May Seek Environment Impact Study On Temelin Units

CEZ May Seek Environment Impact Study On Temelin Units

Czech prime minister Mirek Topolanek said state-run power company CEZ AS (BAACEZ.PR) may request an environmental impact assessment over the potential construction of two new nuclear reactor units at its Temelin power plant, Hospodarske Noviny reports Monday.

Gazprom To Explore And Develop 16 New Sites In 3 Yrs

Gazprom To Explore And Develop 16 New Sites In 3 Yrs

Russia's state controlled gas firm OAO Gazprom (GAZP.RS) is planning to explore and develop 16 mineral sites on the Karsk shelf, the Sea of Okhotsk and the Black Sea over the next three years, the RBC Daily reported Monday citing an unnamed source in the company.

Naftogaz Ukrainy, Gazprom In Talks Over Black Sea Shelf

Naftogaz Ukrainy, Gazprom In Talks Over Black Sea Shelf

Russian state gas monopoly OAO Gazprom (GAZP.RS) and its Ukrainian counterpart HAK Naftogaz Ukrainy are in negotiations to develop together the Black Sea shelf, the daily Kommersant reported citing an interview in Ukrainian media with Naftogaz's chief executive.

Russia Pres Medvedev Visits Energy-rich Azerbaijan

Russia Pres Medvedev Visits Energy-rich Azerbaijan

Russian President Dmitry Medvedev visited Baku Thursday for talks with his Azerbaijani counterpart Ilham Aliyev expected to focus on energy cooperation between the two oil-rich countries.

Russias Gazprom Forecasts Rise In European Gas Prices

Russia's Gazprom Forecasts Rise In European Gas Prices

The chief executive of Russia's state gas monopoly OAO Gazprom (GAZP.RS) forecast Thursday that gas prices for European consumers could rise to more than $500 per 1,000 cubic meters by the end of 2008.

Russias Gazprom Forecasts Oil At $250/Bbl Very Soon

Russia's Gazprom Forecasts Oil At $250/Bbl "Very Soon"

Russian energy giant OAO Gazprom (GAZP.RS) forecast on Thursday that the price of oil will "very soon" rise to 250 dollars a barrel, bringing higher gas prices for European customers.

Russian Oil Output To Remain Steady In Coming Years

Russian Oil Output To Remain Steady In Coming Years

The chief executive of Russian energy giant OAO Gazprom (GAZP.RS), Alexei Miller, said on Thursday that the country's oil production would remain unchanged in the next few years.

Hungarian PM: Central Asia Talks To Center On Nabucco Issues

Hungarian PM: Central Asia Talks To Center On Nabucco Issues

Hungarian Prime Minister Ferenc Gyurcsany's trip next week to central Asia will focus on seeking alternative natural gas supplies for Europe and the planned Nabucco pipeline in particular, the premier said Thursday.