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Iran Talking With Repsol, Shell On Swapping Gas Projects

Πεμ, 29 Μαΐου 2008 - 04:32

Iran is negotiating with Repsol YPF SA (REP) and Royal Dutch Shell PLC (RDSA) to switch their gas exploration blocs with others due for later development, the oil minister was quoted Thursday as saying.

Total: 150 UK Lindsey Refinery Contractors Walked Out Tue

Πεμ, 29 Μαΐου 2008 - 04:31

Oil major Total SA (TOT) said Thursday that 150 contractors at its Lindsey oil refinery in the U.K. walked out Tuesday over an employment issue.

RWE To Shut Down Emsland Nuclear Plant For Maintenance May 31

Πεμ, 29 Μαΐου 2008 - 04:28

German utility RWE AG (RWE.XE) will shut down its nuclear power plant Emsland for planned maintenance works May 31, a spokesman for the company's power generation unit RWE Power said Thursday.

Nabucco-Consortium Ups Pipeline Costs 58% To EUR7.9B

Πεμ, 29 Μαΐου 2008 - 04:27

The price estimate of the planned Nabucco pipeline has been increased by 58% to EUR7.9 billion, due mainly to higher steel prices, Nabucco Gaspipeline International GmbH, the consortium representing the six partners behind the pipeline, said Thursday.

GdF, Hoegh LNG Partners For Offshore LNG Project In Italy

Πεμ, 29 Μαΐου 2008 - 04:25

Gaz de France (1020848.FR) said Thursday it has signed with Hoegh LNG AS a Joint Development Agreement related to the design, the construction supervision and the operation of a Floating Storage and Regasification Unit (FSRU-vessel).

Lukoil Exec In Talks With Iraq On West Qurna-2 Field

Πεμ, 29 Μαΐου 2008 - 04:24

The vice-president of Russia's oil firm OAO Lukoil (LKOH.RS) Andrey Kuzyaev met Iraqi President Jalal Talabani in Baghdad Wednesday for talks on reviving a deal to develop the West Qurna-2 oil field, one of Iraq's largest, according to a report posted on the president's Web site Thursday.

Iran Faces Power Cuts After Drought Slashes Hydro Output

Πεμ, 29 Μαΐου 2008 - 04:23

Iran is facing a summer of power cuts after a severe drought slashed output from its hydroelectric power plants, the energy minister warned Thursday.

OPEC's Qabazard Sees Oil Stk Build Up To 500K B/D Avg In '08

Πεμ, 29 Μαΐου 2008 - 04:21

Hasan Qabazard, head of research at the Organization of Petroleum Exporting Countries said Thursday that he expects to see oil stocks build up to between 400,000-500,000 barrels a day on average in 2008.

Turk Power Price Hike Report Refuted

Τετ, 28 Μαΐου 2008 - 06:34

Turkey’s Economy Minister Mehmet Simsek denied a report on Saturday that the government was thinking of raising electricity prices by 19 percent for households before July this year.

Elefsina Refinery’s Temporary Closure Postponed Until September

Τετ, 28 Μαΐου 2008 - 06:17

Hellenic Petroleum, Greece’s biggest oil company, has delayed the planned maintenance shutdown of its Elefsina refinery until September, a company spokesman said.

GdF CEO: French Gas Tariffs Hike Likely Before July

Τετ, 28 Μαΐου 2008 - 03:27

French state-controlled natural gas operator Gaz de France's (1020848.FR) Chief Executive Jean-Francois Cirelli said a gas regulated tariff hike in France is likely before July, due to the high oil crude prices, in an interview with French daily Le Parisien on Wednesday.

Iran's Larjani: Tehran Could Revise Cooperation With IAEA

Τετ, 28 Μαΐου 2008 - 03:26

New Iranian parliament speaker Ali Larijani on Wednesday warned Tehran could revise cooperation with the UN nuclear watchdog, after the body expressed concern about its contested atomic drive.

RWE May Give Up Part Of Gas Network As EU Concession

Τετ, 28 Μαΐου 2008 - 03:25

Utility RWE AG (RWE.XE) is ready to relinquish a large part of its gas network as a concession to end an antitrust case with the European Union, Handelsblatt reports Wednesday, citing sources.