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Key Nabucco gas pipeline deal to be signed July 13 (AFP) E-mail
Friday, 03 July 2009 09:30

Turkey's Prime Minister Tayyip Erdogan, seen here on June 2009, delivers a speech at the 20th Crans Montana Forum in Brussels. Erdogan will host the signing ceremony for the intergovernmental deal on Europe's flagship Nabucco gas pipeline project in Ankara on July 13.(AFP/file/Dominique Faget)AFP - EU nations and Turkey said Friday they will sign a key intergovernmental agreement in Ankara on July 13 on Europe's flagship Nabucco gas pipeline project, but key issues still need to be resolved.



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Nabucco not at risk from Russia-Azerbaijan gas deal: Turkey (AFP) E-mail
Friday, 03 July 2009 09:10

Turkey's Foreign Minister Ahmet Davutoglu, seen here in June 2009, addresses a press conference in Berlin. Russian Gazprom's recent deal to buy natural gas from Azerbaijan will not endanger Europe's flagship pipeline project Nabucco, Davutoglu said.(AFP/File/John Macdougall)AFP - Russian Gazprom's recent deal to buy natural gas from Azerbaijan will not endanger Europe's flagship pipeline project Nabucco, Turkey's Foreign Minister Ahmet Davutoglu said here Friday.



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Nigeria, Algeria, Niger seal $10 bln gas pipeline deal (AFP) E-mail
Friday, 03 July 2009 06:48

A woman carries tapioca seeds next to a gas flare fire near Warri, 2007. Three African countries on Friday signed an accord to build a 10-billion-dollar trans-Saharan gas pipeline linking vast reserves in Nigeria to Europe.(AFP/File/Lionel Healing)AFP - Three African countries on Friday signed an accord to build a 10-billion-dollar trans-Saharan gas pipeline linking vast reserves in Nigeria to Europe.



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$10B deal would ship gas from Africa to Europe (AP) E-mail
Friday, 03 July 2009 05:19
AP - Nigeria's state oil company says that Nigeria, Algeria and Niger have signed an agreement to create a $10 billion trans-Saharan gas pipeline to ship gas to Europe.

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ODAC Newsletter - July 3 E-mail
Friday, 03 July 2009 02:09
pA weekly review from a UK perspective - The first round in the great Iraqi oil sale was an interesting affair if not a very conclusive one. In the live TV auction which took place on Tuesday, only one deal was reached as international oil companies refused to meet the terms demanded.../p pa href=http://www.energybulletin.net/node/49445read more/a/p

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Oil below $67 after bleak U.S. jobs data (Reuters) E-mail
Friday, 03 July 2009 01:54

A gas leak at a pipeline owned by EnCana in Canada's western British Columbia province was caused by a blast that police said Thursday is the fifth act of sabotage in the region since October 2008.(AFP/File)Reuters - Oil traded below $67 a barrel on Friday, after a fall of nearly 4 percent in the previous session, pressured by a stronger dollar and investor concern about the economic outlook and energy demand.



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Oil prices drop further (AFP) E-mail
Thursday, 02 July 2009 23:47

Oil prices fell further, but losses were less severe than a day earlier when traders had sold heavily on fresh worries about the weakness of the US economy.(AFP/File/Thomas Coex)AFP - Oil prices fell further on Friday, but losses were less severe than a day earlier when traders had sold heavily on fresh worries about the weakness of the US economy.



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Oil hovers above $66 after dismal jobs data (AP) E-mail
Thursday, 02 July 2009 17:53

A gas leak at a pipeline owned by EnCana in Canada's western British Columbia province was caused by a blast that police said Thursday is the fifth act of sabotage in the region since October 2008.(AFP/File)AP - Oil prices hovered above $66 a barrel Friday in Asia in light holiday trading volume a day after grim unemployment numbers from the U.S. and Europe sent crude prices tumbling.



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OPEC Sees Crude Price Best at $68 to $71/Barrel E-mail
Thursday, 02 July 2009 14:00
Angolan Oil Minister and OPEC president Jose Maria Botelho de Vasconcelos said Friday a crude oil price of $68 to $71 a barrel was the best price for a stable industry.

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Cirrus Secures Financing for M7-A, L8-D Projects Offshore Netherlands E-mail
Thursday, 02 July 2009 14:00
Cirrus signed an Amendment and Restatement Agreement relating to the Secured Revolving Borrowing Base Facility Agreement, the debt facility of which will fund the remaining development costs to bring both the M7-A and L8-D fields into production.

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Total, CNPC Mulling Bid for Two Venezuela Oil Blocks E-mail
Thursday, 02 July 2009 14:00
Total and CNPC plan to bid for two large oil blocks being auctioned in Venezuela instead of one the two companies had previously shown interest in acquiring.

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Seadrill Sells West Ceres Jackup to Middle East Drilling Co. E-mail
Thursday, 02 July 2009 14:00
Seadrill has exercised its right to repurchase the jackup drilling rig West Ceres, and has entered into a MOU to sell the rig to a reputable Middle East drilling company.

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Canadian Superior Receives Notice from BG International E-mail
Thursday, 02 July 2009 14:00
Canadian Superior has received from BGI a notice of election regarding BGI's right of first refusal in respect of the agreement of purchase and sale between Canadian Superior and Centrica Resources.

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EnerMech Named Sole Norwegian Agent for Liebherr's Offshore Crane Unit E-mail
Thursday, 02 July 2009 14:00
EnerMech AS has been appointed sole Norwegian agent for the global crane manufacturer Liebherr Group.

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Indonesia Conducts First Gas Delivery to South Korea E-mail
Thursday, 02 July 2009 14:00
Indonesia has carried out the first shipment of natural liquefied gas from the Tangguh block in Papua, easternmost of the country, to South Korea, Mines and Energy Minister Purnomo Yusgiantoro said Friday.

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Polish President Plays Down Azerbaijani-Russian Gas Deal E-mail
Thursday, 02 July 2009 14:00
President Lech Kaczynski, commenting on the Russian-Azerbaijani gas deal signed a few days ago, said that in view of small quantities involved it is of a symbolic nature.

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