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Gazprom Mulls Raising W Europe Gas Price 60% In 2008 - Report

Πεμ, 22 Νοεμβρίου 2007 - 06:08

Russian natural gas monopoly OAO Gazprom is considering raising gas prices for western European customers by up to 60% in 2008, German daily Die Welt reports Thursday, citing Gazprom Deputy Chief Executive Alexander Medvedev

Gazprom, Eni To Sign Pipeline Deal Thursday - Report

Πεμ, 22 Νοεμβρίου 2007 - 05:07

Russia's OAO Gazprom and Italy's Eni SPA will Thursday sign a deal on the South Stream gas pipeline linking their two countries, the Kommersant daily reported, citing unnamed sources.

Turkey Min:6th Nabucco Partner To Be Picked In Coming Wks-IHA

Πεμ, 22 Νοεμβρίου 2007 - 04:11

Turkish Energy Minister Hilmi Guler said late Wednesday that a sixth partner for the Nabucco Project will be selected within the next few weeks, the Ihlas News Agency, or IHA, has reported Wednesday.

UN Plots Chernobyl Zone Recovery

Πεμ, 22 Νοεμβρίου 2007 - 04:07

The UN has said the "emergency phase" is over in the areas affected by the Chernobyl nuclear plant disaster in Ukraine in 1986. A resolution has been adopted by the General Assembly in New York. It calls for continuing attention to "Chernobyl-related needs" but also urges a move to the "recovery phase".

UES To Sell 21% Stake In Mosenergo To Moscow Govt -Paper

Πεμ, 22 Νοεμβρίου 2007 - 03:56

Russian electricity monopoly RAO Unified Energy System of Russia has agreed to sell its 21.1% stake in Moscow generation company OAO Mosenergo to the city's government, business daily Kommersant reported Thursday, citing a UES spokeswoman

Lukoil Says It Held Talks With Iraqi Oil Officials In Syria

Πεμ, 22 Νοεμβρίου 2007 - 03:53

OAO Lukoil, Russia's largest privately controlled oil producer, said Thursday it had recently held talks with senior officials from the Iraqi Oil Ministry in the Syrian capital, Damascus

Eni CEO: Pricing Of Gas Supplies To Baltic LNG Deal Crucial

Πεμ, 22 Νοεμβρίου 2007 - 03:32

Eni SpA Chief Executive Paolo Scaroni said Thursday that the cost of natural gas supplies by OAO Gazprom to the Russian company's planned liquified natural gas Baltic sea project will be crucial to the deal.

Heat Waves, Floods are Here to Stay

Πεμ, 22 Νοεμβρίου 2007 - 03:28

Extreme weather phenomena such as the blistering temperatures of last summer and recent torrential rain will recur ever more frequently as global warming continues to adversely affect our environment, scientists told a conference in Athens yesterday.

Climate Change Hits Cyprus

Πεμ, 22 Νοεμβρίου 2007 - 03:22

A small pool of water at the bottom of Cyprus’s largest reservoir is shrinking by the day: Without rain, the main source of surface water for most of the island will dry up by the end of the year.

Total,Suez To Invest EUR45M To Expand Solar-Cell Venture

Τετ, 21 Νοεμβρίου 2007 - 06:42

French oil giant Total SA and energy, water and environmental services group Suez said Wednesday they plan to invest EUR45 million to boost output substantially at their Belgian solar cell manufacturing venture.

Iraq Oil Exports Near 2M B/D After Reopening North Pipe - AFP

Τετ, 21 Νοεμβρίου 2007 - 06:39

Iraq has boosted its oil exports to almost 2 million barrels a day after reopening a pipeline to Turkey and hopes to sharply raise output in 2008, a senior oil official said Wednesday.

Alstom, Orascom Secure $1.98B Contract In Algeria - Report

Τετ, 21 Νοεμβρίου 2007 - 03:57

A consortium led by French energy and transport firm Alstom SA and Egypt's Orascom Construction Industries have secured a $1.98 billion contract to build a power plant in Algeria, La Tribune reported Wednesday.

Greek PPC 9-Mo Net Pft -15.4% On Reduced Hydro Production

Τετ, 21 Νοεμβρίου 2007 - 03:55

Greece's Public Power Corp. SA Wednesday said nine-month net profit fell 15.4% as unusually dry weather cut hydro production, forcing the company to pay more for energy.