Energy Resources

TEHRAN, Dec. 28 (UPI) -- Iraqi oil officials and business leaders are in Iran for a weeklong dialogue on future cooperation as cross-country oil trade continues.

KIRKUK, Iraq, Dec. 28 (UPI) -- The official Kurdish OK to delay a vote on the future of oil-rich Kirkuk has given Iraq more time to deal with a powder keg of an issue.

HONG KONG, Dec. 28 (UPI) -- China National Offshore Oil Corp. Ltd. announced two of its oil fields in Bohai Bay have come onstream.

HOUSTON, Dec. 28 (UPI) -- Houston-based Noble Energy Inc. announced an agreement to sell its southern Argentine interests to Brazil's Petrobras.

SAN FRANCISCO, Dec. 28 (UPI) -- California-based Pacific Gas & Electric Corp. plans to acquire interest in the Ruby Pipeline.

BRASILIA, Brazil, Dec. 28 (UPI) -- Brazil's state-owned Petrobras announced a new daily production record of 2.238 million barrels of oil on Christmas Day.

ROSEVILLE, Calif., Dec. 28 (UPI) -- California-based Solar Power Inc. announced GE Money will provide solar financing services.

NEW DELHI, Dec. 28 (UPI) -- India's private XL Telecom says it plans to enter the power-generation segment in Spain and Portugal.

BAGHDAD, Dec. 28 (UPI) -- Iraq's Kurdish leaders, tired of arguments with Shiite Arab counterparts over issues such as oil deals and oil-rich Kirkuk, are forging a pact with Sunnis.

NEW DELHI, Dec. 28 (UPI) -- Reliance Industries Ltd. and Indian Oil Corp. Ltd. have decided to move slowly on city gas distribution.

WASHINGTON, Dec. 28 (UPI) -- Iraq's oil sector ends 2007 on a relative upbeat note, with production at levels not seen since before the war. But the year had more downs than ups, and sustaining success through next year is far from guaranteed.

WASHINGTON, Dec. 27 (UPI) -- A challenge has emerged from Uzbekistan to Transneft's "take it or leave it" policy, with potentially enormous implications for Gazprom's decade-and-a-half monopoly.

NEW DELHI, Dec. 27 (UPI) -- India's state-run OVL says it is planning to buy a 40-percent stake in an oil field in Venezuela.

NEW DELHI, Dec. 27 (UPI) -- An Indian trade body report says the country's energy sector requires $120 billion to $150 billion over the next five years.

RALEIGH, N.C., Dec. 27 (UPI) -- Raleigh, N.C.-based Progress Energy announced plans to sell some of its assets.