English Edition

BTC Pipeline To Remain Shut For About 15 Days

Πεμ, 7 Αυγούστου 2008 - 11:57

The Baku-Tbilisi-Ceyhan, or BTC, oil pipeline will remain shut for about 15 days after an explosion sparked a fire in a section in eastern Turkey, an official told Anatolia news agency Thursday.

Iran Exposing Self To Sanctions

Πεμ, 7 Αυγούστου 2008 - 11:56

Iran has "made the choice to expose itself to new sanctions" by failing to clearly respond to proposals to resolve international concern over its nuclear ambitions, the French foreign ministry said Wednesday.

Russian Envoy Sees Potential For Nuclear Dialogue With Iran

Πεμ, 7 Αυγούστου 2008 - 11:54

Russia's U.N. ambassador, Vitaly Churkin, said Wednesday that despite Iran's ambiguous response to an offer of incentives to halt its uranium enrichment there was "potential" in the ongoing dialogue with Tehran.

EDF Plans To Build More Power Plants In Asia

Πεμ, 7 Αυγούστου 2008 - 11:53

French utility and nuclear power specialist Electricite de France SA (1024251.FR) plans to build more power plants in Asia, with main focus on China, Laos and Vietnam, a company executive said Thursday.

Iberdrola Eyes Sale Of Gas Natural-Fenosa Assets

Πεμ, 7 Αυγούστου 2008 - 11:51

Spanish utility Iberdrola SA (IBE.MC) is interested in the assets that may have to be sold by Gas Natural SDG SA (GAS.MC) following its takeover offer on Union Fenosa SA (UNF.MC), Spanish news agency Europa Press reported Wednesday, citing company sources.

OMV Pulls Hostile Bid For MOL

Πεμ, 7 Αυγούστου 2008 - 11:50

Austrian oil and gas company OMV AG withdrew its hostile $20 billion bid for Hungarian rival MOL Nyrt after objections from the European Commission, ending one of Europe's most rancorous takeover battles.

Azerbaijan's SOCAR Jan-July Oil Output Down 1.3% On Yr

Τετ, 6 Αυγούστου 2008 - 12:56

The oil output of the State Oil Company of Azerbaijan, or SOCAR, fell 1.3% on the year to 5.136 million metric tons in January-July, the company's press office said Tuesday, Prime-Tass news agency reported.

BP Confirms Baku-Ceyhan Pipe Shut Down But Exports Continue

Τετ, 6 Αυγούστου 2008 - 12:54

BP PLC (BP) said Wednesday that the Baku-Tbilisi-Ceyhan, or BTC, oil pipeline it operates was shut down after a fire in Turkey but that exports continued.

Pipeline Fire In Turkey Halts Oil Flow Through BTC

Τετ, 6 Αυγούστου 2008 - 12:51

Oil flow through the Baku-Tbilisi-Ceyhan pipeline was cut Wednesday after an explosion sparked a fire in a section in eastern Turkey, local officials told Anatolia news agency.

Iran Promises Response After Clarification

Τετ, 6 Αυγούστου 2008 - 12:49

Iran promised in a letter Tuesday to respond to an offer from six world powers related to Tehran's nuclear program after receiving some clarifications about the proposals, a European Union source said Tuesday.

IAEA Number Two To Visit Iran Thursday

Τετ, 6 Αυγούστου 2008 - 12:46

The U.N. atomic watchdog's deputy director general, Olli Heinonen, will visit Tehran Thursday to discuss Iran's suspect nuclear program, an International Atomic Energy Agency spokesman told AFP.

E.ON Ruhrgas Remains Optimistic About Gazprom Gas Field Talks

Τετ, 6 Αυγούστου 2008 - 12:44

E.ON Ruhrgas AG Tuesday said it is optimistic it can strike a deal with Russian natural gas monopoly OAO Gazprom (GAZP.RS) over an asset swap that would grant the German company access to one of the world's largest gas fields.

Gazprom, Belarus Settle Supply, Transit Issues For 08

Τετ, 6 Αυγούστου 2008 - 12:42

Russian natural gas giant OAO Gazprom (GAZP.RS) has settled all outstanding questions with Belarus' gas pipeline monopoly Beltransgaz regarding supplies of natural gas and transit to Europe for 2008, Gazprom said Tuesday in a statement.