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TNK-BP Unit Must Build Link To Gazprom Network - Vedomosti

TNK-BP Unit Must Build Link To Gazprom Network - Vedomosti

Rospan, the gas-producing subsidiary of Russian-U.K. energy venture OAO TNK-BP (TNBP.RS), must construct a link to OAO Gazprom's (GAZP.RS) network in order to ship bigger volumes, the Vedomosti business daily reported Tuesday, citing a TNK-BP spokesman.

Chevron: Tengiz Oil Expansion Starts Up With 90,000 B/D

Chevron: Tengiz Oil Expansion Starts Up With 90,000 B/D

U.S. oil major Chevron Corp. (CVX) said Tuesday its $6 billion expansion project in Kazakhstan is pumping 90,000 barrels a day and is expected to hit full capacity later this year.

EU Offers Serbs Cooperation Pact

EU Offers Serbs Cooperation Pact

The European Union, eager to encourage pro-European Serbians voting in a presidential election runoff, invited Serbia yesterday to sign an interim political accord on February 7, days after Sunday’s decisive poll.

Coca-Cola Hellenic to Build Power Plants, Cut Emissions

Coca-Cola Hellenic to Build Power Plants, Cut Emissions

Coca-Cola Hellenic Bottling Company, the world’s second-biggest bottler of Coke beverages, will have new power plants built at a cost of –225 million ($331 million) as the European Union tightens rules to cut greenhouse emissions by a fifth over the next 12 years.

Sabanci to Pick Nuclear Partner Soon

Sabanci to Pick Nuclear Partner Soon

Turkey’s Sabanci Holding will choose by mid-March from up to six European and Asian companies to partner its bid in a Turkish nuclear power plant tender, the head of Sabanci’s energy group said yesterday.

Iran Receives Final Load Of Russian Uranium For Nuclear Plant

Iran Receives Final Load Of Russian Uranium For Nuclear Plant

Iran received the final shipment of uranium fuel from Russia on Monday for its first nuclear plant, state media reported, a key step toward the launch of the reactor's operations expected later this year.

France,Germany To Unveil Alternative To EU Energy Measures-FT

France,Germany To Unveil Alternative To EU Energy Measures-FT

France and Germany will unveil this week a third alternative to the European Commission's energy unbundling measures that would prevent the forced breakup of their power companies, The Financial Times reports.

StatoilHydro: North Sea Fields Back To Normal After Storms

StatoilHydro: North Sea Fields Back To Normal After Storms

A range of StatoilHydro's ASA (STO) Norwegian North Sea fields were back in action Monday after partial de-manning and a production outage imposed ahead of stormy weather over the weekend.

ENKA And KEPCO To Cooperate On Nuclear Plant In Turkey - IHA

ENKA And KEPCO To Cooperate On Nuclear Plant In Turkey - IHA

Turkish construction firm ENKA Insaat (ENKAI.IS) said Monday it has signed a preliminary agreement with Korea Electric Power Corp. (KEP) to cooperate on a nuclear energy project in Turkey, Ihlas news agency, or IHA, reported.

Edison, DEPA Set up JV for ITGI Pipeline

Edison, DEPA Set up JV for ITGI Pipeline

Italian energy group Edison and Greek natural gas firm DEPA will set up a joint venture to develop a new pipeline to bring 8 billion cubic meters of gas from Azerbaijan to Italy, Edison said yesterday.

Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq has suspended crude oil exports to South Korea because Korean companies haven't yet abandoned a deal signed with the Kurdistan regional government to explore disputed oil fields, a senior Iraqi oil official said Monday.

Rosneft, Gazprom Neft Choose Tomsknefts Executives-Vedomosti

Rosneft, Gazprom Neft Choose Tomskneft's Executives-Vedomosti

Vladimir Paltsev will remain the chief executive of Russian Tomskneft, a subsidiary of the state-controlled oil major Rosneft (ROSN.RS), jointly owned with the energy giant Gazprom's (GAZP.RS) oil unit Gazprom Neft (SIBN.RS), the daily Vedomosti reported Monday, citing unnamed sources close to Tomskneft.

Russia Wins Pipeline War in Serbia Pact

Russia Wins Pipeline War in Serbia Pact

Russia won the right yesterday to route a major gas supply route to Europe through its ally Serbia, a move analysts described as marking a Kremlin victory in a “pipeline war” with the European Union.