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Kashagan Consortium Proposes Output Delay To 2012-2013

Kashagan Consortium Proposes Output Delay To 2012-2013

Δευ, 12 Μαΐου 2008 - 02:59

The Eni SpA-led consortium (E) developing the giant Kashagan oil field in the Caspian Sea proposes to postpone the start of production to 2012-2013 from 2011, Kazakh Energy Minister Sauat Mynbayev was quoted by Interfax news agency as saying Monday.

Qatar Oil Min Sees No Need For OPEC Meet Before Sept

Qatar Oil Min Sees No Need For OPEC Meet Before Sept

Δευ, 12 Μαΐου 2008 - 02:58

Qatar's oil minister Abdullah bin Hamad al Attiyah told Dow Jones Monday that he doesn't see the need for the Organization of Petroleum Exporting Countries to meet before their next scheduled gathering in September in response to record high oil prices.

Serbias Cabinet Approves Russian Energy Deal

Serbia's Cabinet Approves Russian Energy Deal

Δευ, 12 Μαΐου 2008 - 02:56

Serbia's cabinet of ministers has approved a controversial energy deal, including the sale of its state oil monopoly Naftna Industrija Srbija, or NIS, to OAO Gazprom Neft (SIBN.RS), the oil arm of OAO Gazprom (GAZP.RS), the Interfax news agency reported Monday

Nuclear Power Talk Mushrooms

Nuclear Power Talk Mushrooms

Παρ, 9 Μαΐου 2008 - 04:32

A more positive note was sounded yesterday on introducing nuclear energy into the country as officials argued that a larger number of Greece's neighbors have shown interest in using the unpopular power source.

Minister Calls For Closer Look at Nuclear Power

Minister Calls For Closer Look at Nuclear Power

Παρ, 9 Μαΐου 2008 - 04:16

For a second time this week, a Greek government minister hinted the country ought to look more closely at the nuclear power industry, although he made it clear that it is not currently considered as an option in its energy mix.

Albania Hoping Good Harvest Will Limit Impact of Oil Prices

Albania Hoping Good Harvest Will Limit Impact of Oil Prices

Παρ, 9 Μαΐου 2008 - 04:05

A good Albanian harvest is helping to offset the impact of higher food and fuel prices, senior Albanian officials said yesterday, predicting inflation would fall back to its target and playing down rate hike prospects.

EdF May Face Legal Hurdle Over Areva For UK Nuclear

EdF May Face Legal Hurdle Over Areva For UK Nuclear

Παρ, 9 Μαΐου 2008 - 03:17

French utility Electricite de France (1024251.FR) could face a legal challenge over the technology it has selected to build new nuclear power stations in the U.K., The Times of London reported Friday.

Gas Natural 1Q Net Profit +10% On Gas Distribution

Gas Natural 1Q Net Profit +10% On Gas Distribution

Παρ, 9 Μαΐου 2008 - 03:15

Gas distributor Gas Natural SDG SA (GAS.MC) Friday said first-quarter net profit rose 10%, supported by strong growth in its main gas distribution and electricity generation businesses.

Serb Cabinet In Final Pre-Poll Showdown On EU, Russia

Serb Cabinet In Final Pre-Poll Showdown On EU, Russia

Παρ, 9 Μαΐου 2008 - 03:11

Serbia's outgoing coalition government, which collapsed over East-West ties, meets Friday to approve a Russian energy deal in a final showdown two days before crunch general elections.

Brazil President Says Brazil Wants To Join OPEC

Brazil President Says Brazil Wants To Join OPEC

Παρ, 9 Μαΐου 2008 - 03:08

Brazil wants to join the Organization of Petroleum Exporting Countries and work towards lower crude oil prices, Brazilian President Luiz Inacio Lula da Silva tells Spiegel magazine in an advance copy of this weekend's edition.

Sibir Energy 1Q Production Up 50% To 5.9 Mln Barrels

Sibir Energy 1Q Production Up 50% To 5.9 Mln Barrels

Πεμ, 8 Μαΐου 2008 - 02:55

London-listed Sibir Energy PLC (SBE.LN), an oil producer focused on Russia, said Thursday its first quarter crude output was up 50% to 5.9 million barrels, or 64,400 barrels a day, up from 43,300 barrels a day in the same period last year.