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News on Energy
US official says Iran should not issue threats

A senior U.S. official has dismissed Iran's threats against NATO missile defense installations in Turkey ahead of a visit by U.S. Vice President Joe Biden to the key U.S. ally and linchpin of NATO's southern flank.

  • Date: 24.12.2011  |  Published on EGF: 24.12.2011  |  Energy  |  from Yahoo! news
Nabucco’s chances to transport Azerbaijani gas are very high

Nabucco project is optimistic about the speedy decision by the consortium developing the Azerbaijani Shah Deniz gas condensate field on the pipeline selection, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said in his interview.

  • Date: 23.12.2011  |  Published on EGF: 23.12.2011  |  Energy  |  from today.az
Oil could hit a new record in 2012

Crude oil may rise for a fourth year to a record average price in 2012 as demand in emerging markets increases and the U.S. avoids a recession.

  • Date: 22.12.2011  |  Published on EGF: 22.12.2011  |  Energy  |  from latimes.com
Ukraine wants Russian gas at $250/tcm

Ukraine wants to pay its sole gas supplier Russia no more than $250 per thousand cubic metres, Ukrainian President Viktor Yanukovich said on Wednesday.

  • Date: 21.12.2011  |  Published on EGF: 21.12.2011  |  Energy  |  from uk.reuters.com
Saudi oil weakens Iran's hand in China

Saudi crude exports to China have surged, strengthening the Asian country's hand in a price dispute with Iran.
Last month's exports of Saudi crude to China rose by 32 per cent over the same period last year to 4.81 million barrels per day (bpd), almost half of the kingdom's current production, Chinese customs data released yesterday showed.

  • Date: 21.12.2011  |  Published on EGF: 21.12.2011  |  Energy  |  from thenational.ae
Kyrgyzgaz’s privatization by Gazprom discussed in Moscow

Kyrgyz President Almazbek Atambayev discussed the possibility of Kyrgyzgaz's privatization by Gazprom with the company's head Aleksey Miller in Moscow on Monday, RIA-Novosti reports.

  • Date: 20.12.2011  |  Published on EGF: 20.12.2011  |  Energy  |  from en.trend.az
US Needs China in Korea Crisis

Truth be told, the worst thing in the world that could happen – next to a nuclear war between Pakistan and India – would be a nuclear conflict in northeast Asia and the Korean peninsula. In both cases, millions, or tens of millions, could die. And it’s possible to envision a disoriented, paranoid North Korean leadership triggering a war with South Korea and its allies, with the ever-present danger that such a war could escalate if North Korea used its stockpile of nuclear bombs. In addition, the flow of countless refugees across the border into China would likely involve Beijing in the crisis instantly.

  • Date: 20.12.2011  |  Published on EGF: 20.12.2011  |  Energy  |  from thenation.com
Ukraine PM sees Russia gas deal in a few days

Ukraine will reach a compromise deal with Russia on gas supplies in a few days, Ukrainian Prime Minister Mykola Azarov said on Monday, contradicting previous statements by Moscow which expected no deal to be made this year.

  • Date: 19.12.2011  |  Published on EGF: 19.12.2011  |  Energy  |  from af.reuters.com
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