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Iraq Cuts May Basra Crude OSP To US, Europe, Asia

Iraq Cuts May Basra Crude OSP To US, Europe, Asia

Τετ, 16 Απριλίου 2008 - 04:27

Iraq's State Oil Marketing Organization has cut the May official selling prices of its Basra Light crude destined for the U.S. by $1.75 a barrel and for Europe by $1 a barrel, an Iraqi oil official said Wednesday.

Eni Started Output From Pakistans Badhra Gas Field

Eni Started Output From Pakistan's Badhra Gas Field

Τρι, 15 Απριλίου 2008 - 04:35

Italy's Eni SpA (E) said Tuesday it has started production from its Badhra gas field, located in the Sindh province of Pakistan, approximately 250 kilometers northeast of Karachi.

OMV, DNO Among Cos In Yemen Oil Production Sharing Pacts

OMV, DNO Among Cos In Yemen Oil Production Sharing Pacts

Τρι, 15 Απριλίου 2008 - 04:33

OMV AG (OMV.VI), DNO ASA (DNO.OS) and 11 other companies on April 14 signed production sharing agreements to develop seven oil and gas blocks in Yemen, the Yemeni oil ministry said Monday.

Frances Legrand Buys Turkeys Estap

France's Legrand Buys Turkey's Estap

Τρι, 15 Απριλίου 2008 - 04:31

Legrand SA of France (1030781.FR) acquired Estap, a Turkish company that makes VDI enclosures and cabinets, the French company said Tuesday.

Russian Oil Slump Stirs Supply Jitters

Russian Oil Slump Stirs Supply Jitters

Τρι, 15 Απριλίου 2008 - 04:30

Russian oil production, for years a vital source of new supplies for world markets, is showing signs of a slump, adding to uncertainties that have helped push oil prices to record highs.

Iberdrola:Would Study M&A Approaches, No GasNat Talks

Iberdrola:Would Study M&A Approaches, No GasNat Talks

Τρι, 15 Απριλίου 2008 - 04:28

Iberdrola SA (IBE.MC) is open to study any possible merger-and-acquisition approaches but it hasn't held any formal talks with Spanish natural gas distributor Gas Natural SDG SA (GAS.MC), Chairman Ignacio Galan said Tuesday.

Gazprom Unlikely To Seek Short Term Gas Deals

Gazprom Unlikely To Seek Short Term Gas Deals

Τρι, 15 Απριλίου 2008 - 04:26

Gazprom (GAZP.RS) is unlikely to seek shorter-term gas supply contracts in the future, Deutsche Bank says after Algeria pledges to do just that.

Serb-Russian Power Tie-In?

Serb-Russian Power Tie-In?

Τρι, 15 Απριλίου 2008 - 03:27

Serbia’s electricity monopoly is considering building new power plants jointly with Russia’s Inter RAO, sources told Reuters on Friday, in a deal that would give the Russians partial control of Serbia’s electricity market.

Power Shortage Likely in Summer

Power Shortage Likely in Summer

Τρι, 15 Απριλίου 2008 - 03:20

Greece is likely to experience energy shortages until 2010 due to power demand exceeding supply, according to a report seen by Kathimerini.

Serbia and Russia Clinch Power Deal

Serbia and Russia Clinch Power Deal

Τρι, 15 Απριλίου 2008 - 03:10

Serbian power monopoly EPS and Russia’s electricity trader Inter RAO yesterday signed a wide-ranging strategic partnership deal that could see them build together power plants and also join forces abroad.

Petrol Ofisi in Ceyhan

Petrol Ofisi in Ceyhan

Τρι, 15 Απριλίου 2008 - 02:58

Turkish fuel retailer Petrol Ofisi said yesterday it would push ahead with refinery plans in the Mediterranean oil hub of Ceyhan, despite uncertainty triggered by legal changes to the licensing process.

RosUkrEnergo To Continue Gas Supply To Ukraine In 08

RosUkrEnergo To Continue Gas Supply To Ukraine In '08

Δευ, 14 Απριλίου 2008 - 04:32

RosUkrEnergo, an intermediary half-owned by Russia's gas monopoly OAO Gazprom (GAZP.RS), will continue to supply Ukraine with gas in 2008, the newspaper Vedomosti reported Monday citing Ukrainian's official.

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals

Δευ, 14 Απριλίου 2008 - 04:31

Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields, an Iraqi oil ministry statement said Sunday.