OPEC Powerless To Influence Global Turmoil Πεμ, 31 Ιανουαρίου 2008 - 04:18 OPEC has done what it can to help the global economy and is powerless to influence the turmoil in global financial markets, the group's president said Thursday, putting the possibility of a recession in the U.S. at 40%.
BP Announces Major Gas Discovery Offshore Egypt's Nile Πεμ, 31 Ιανουαρίου 2008 - 04:17 BP PLC said Thursday it made a large natural gas discovery offshore Egypt in the Nile Delta, the third deep gas discovery in the area.
E.ON UK Says No Current Plans To Raise Gas, Pwr Prices Πεμ, 31 Ιανουαρίου 2008 - 04:15 E.ON U.K., a subsidiary of Germany's E.ON AG (EOA.XE), said Thursday it has no current plans to raise its retail gas and electricity prices.
France's Areva Submits Bid To Build 2 EPRs To South Africa Πεμ, 31 Ιανουαρίου 2008 - 04:13 Areva (CEI.FR), the French nuclear giant, Thursday said it has submitted a bid to the Republic of South Africa to build two third generation nuclear reactors, or EPRs.
Terna CEO: 07 Div To Top 4% Growth On Yr; No Special Div Πεμ, 31 Ιανουαρίου 2008 - 04:10 Terna SpA (TRN.MI), Italy's biggest power grid company by capacity, plans to boost its 2007 dividend by more than 4% from the previous year, said Chief Executive Flavio Cattaneo Thursday.
Iraq's Turkmen Of Kirkuk Appeal For Govt Protection Πεμ, 31 Ιανουαρίου 2008 - 04:00 Turkmen of Kirkuk, Iraq's northern oil hub which is riven with ethnic tension, called Thursday for the government to protect them and indirectly threatened to create their own militia.
Czech Pres Calls EU Climate Measures "Tragic Mistake" Πεμ, 31 Ιανουαρίου 2008 - 03:59 Right-wing Czech President Vaclav Klaus slammed the European Union's sweeping new measures to fight climate change as a "tragic mistake" in an interview with a German newspaper on Thursday.
Nabucco Consortium:Still Need Formal Approvals Of 6th Partner Τετ, 30 Ιανουαρίου 2008 - 07:43 VIENNA (Dow Jones)--The consortium behind the planned Nabucco pipeline Wednesday said the choice of the sixth company to join the consortium still needs to be signed off by some of the current partner companies.
Motor Oil hires Technip to Βuild Νew Refinery Τετ, 30 Ιανουαρίου 2008 - 07:14 Motor Oil, Greece’s second-largest refiner, hired Technip Italy, a unit of Paris-based Technip, to build a second crude oil distillation processor at its Aghioi Theodoroi refinery.
OPEC Advisory Ctee Won't Meet Ahead Of Ministers Meeting Fri Τετ, 30 Ιανουαρίου 2008 - 04:22 An OPEC advisory committee won't meet ahead of the gathering of ministers from the Organization of Petroleum Exporting Countries Friday, underscoring expectations that the group will hold production steady at its first meeting of the year.
Nabucco Consortium:Still Need Formal Approvals Of 6th Partner Τετ, 30 Ιανουαρίου 2008 - 04:21 The consortium behind the planned Nabucco pipeline Wednesday said the choice of the sixth company to join the consortium still needs to be signed off by some of the current partner companies.
Russia's UES To Sell 48% In OGK-1 Τετ, 30 Ιανουαρίου 2008 - 04:20 Former electricity monopoly RAO Unified Energy System of Russia, or UES, said Wednesday it plans to sell a 48% stake in wholesale generation company OAO OGK-1 (OGKA.RS).
: Turkey: RWE 6th Nabucco Gas Pipe Proj Partner Τετ, 30 Ιανουαρίου 2008 - 04:19 Turkish Energy Minister Hilmi Guler said late Tuesday that German utility RWE AG (RWE.XE) has been chosen as the sixth partner in the Nabucco natural gas pipeline project, planned to carry Caspian gas to Central Europe through Turkey and the Balkans.
EU Fines E.ON EUR38M For Tampering With Antitrust Evidence Τετ, 30 Ιανουαρίου 2008 - 04:17 The European Commission Wednesday fined German energy giant E.ON AG (EON) EUR38 million for tampering with an antitrust investigation into the company's business practices.
Iranian Pres Urges West To Help Build Nuclear Power Plants Τετ, 30 Ιανουαρίου 2008 - 04:16 President Mahmoud Ahmadinejad Wednesday urged the Western powers to help build nuclear power plants in his country saying it will be too late if they do not decide to do so immediately, state television reported.