English Edition

Turkey Asks Kuwait To Help Build Refinery

Τετ, 2 Απριλίου 2008 - 03:07

Turkey has asked Kuwait to participate in building a new oil refinery in Turkey, Kuwaiti Minister of Electricity and Water and Acting Minister of Oil Mohammad Al-Olaim said Wednesday, the Ihlas News Agency, or IHA, reported.

Iraq South Oil Exports At 1.44M B/D Since Tuesday

Τετ, 2 Απριλίου 2008 - 03:06

Crude oil exports from Iraq's key southern Basra terminal have increased to 1.44 million barrels a day since Tuesday afternoon from only 768,000 barrels a day for two days, a shipping agent told Dow Jones Newswires Wednesday.

Russia March Oil Output 9.805M B/D, Up 0.1% On Month

Τετ, 2 Απριλίου 2008 - 03:05

Russia produced an average of 9.805 million barrels a day of crude oil and condensate in March, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.

Romania's Petrom in Power Plant Deal with GE, MΕΤΚΑ

Τρι, 1 Απριλίου 2008 - 07:21

Romania's largest oil and gas firm Petrom SNPP.BX signed a deal with a consortium made of General Electric Co. and Greece's Metka to build a power plant by September 2011, the company said.

EU Won't Release 2007 CO2 Emissions Data Tuesday

Τρι, 1 Απριλίου 2008 - 07:03

The European Commission said it won't be releasing any 2007 verified emissions data for installations covered under the E.U. Emissions Trading Scheme Tuesday, as previously expected.

Energias de Portugal Obtains EUR340 Mln Govt Dam Contract

Τρι, 1 Απριλίου 2008 - 07:01

The Portuguese government Tuesday gave utility Energias de Portugal SA (EDP.LB), or EdP, a contract to build and manage the Foz Tua hydroelectric dam in the north of the country, EdP said in a regulatory filing.

Gazprom To Produce 90 Billion Tons LNG In 2030

Τρι, 1 Απριλίου 2008 - 06:59

Russia's Gazprom (GAZP.RS), the world's largest producer of natural gas, intends to produce up to 90 million metric tons of liquefied natural gas, or LNG, by 2030, the Interfax news agency reported Tuesday, citing the company's deputy chairman Valery Golubev.

UAE Mubadala Buys 20% In Shell E&P Ventures In Algeria

Τρι, 1 Απριλίου 2008 - 06:58

Mubadala Development Co., an Abu Dhabi government investment firm, Tuesday said it purchased a 20%-stake in Royal Dutch Shell PLC's (RDSA) Algerian exploration and production contracts as part of plans to expand its global energy investments portfolio.

EDF CEO: French Indus Power Tariffs Will Rise To Match Costs

Τρι, 1 Απριλίου 2008 - 06:57

French state-owned electricity operator Electricite de France (1024251.FR) expects below market power tariffs for industrial clients to rise to match the costs of investing in new capacity, Chairman and Chief Executive Pierre Gadonneix said Tuesday.

OPEC To Hold Informal April Meeting In Rome

Τρι, 1 Απριλίου 2008 - 06:56

The Organization of Petroleum Exporting Countries will hold an informal meeting on the sidelines of an oil producer-consumer conference in Rome later this month to discuss whether current oil market developments warrant calling a special session to consider adjusting output, OPEC sources said Tuesday.

EnBW, Labor Union Agree On 4.35% Wage Hike After Strikes

Τρι, 1 Απριλίου 2008 - 06:55

Utility Energie Baden-Wuerttemberg AG (EBK.XE) said Tuesday it has reached an agreement with workers over higher wages in the southern German state of Baden Wuerttemberg.

Shell Enters Rosneft, CNPC Refinery Project In China

Τρι, 1 Απριλίου 2008 - 06:53

Royal Dutch Shell (RDSA.LN) will enter a joint venture between Russia's top oil producer OAO Rosneft (ROSN.RS) and China's state oil company China National Petroleum Corp., or CNPC, a Rosneft spokesman said Tuesday.

Chevron, Tatneft In Talks Over Bitumen Production

Τρι, 1 Απριλίου 2008 - 06:52

U.S. oil major Chevron (CVX) and OAO Tatneft (TATN.RS), Russia's sixth-largest oil producer by volume, are in talks on developing heavy-oil projects in Russia's Tatarstan region, the two companies said Tuesday.