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To Enter Exclusive Talks To Build 3 Albanian Power Plants

To Enter Exclusive Talks To Build 3 Albanian Power Plants

Austrian regional utility company EVN AG (EVNV.VI) said Friday it has been selected as the best bidder in a public tender for the construction of three hydro power plants in Albania.

Edison is New PPC Suitor

Edison is New PPC Suitor

Edison Hellas became the fourth bidder for cooperation with the Public Power Corporation (PPC), updating the proposal parent company Edison had submitted three years ago.

PPC Board to Meet on RWE and Halyvourgiki Proposals

PPC Board to Meet on RWE and Halyvourgiki Proposals

Electricity utility Public Power Corporation (PPC) will discuss a cooperation deal with Germany’s RWE AG at a board meeting next week, but hasn’t yet decided on a proposal by Spanish Endesa’s Greek unit, a PPC official said yesterday

Metka and GE JV Preferred Bidder for Romania Plant

Metka and GE JV Preferred Bidder for Romania Plant

Greek construction company Metka and its joint venture partner General Electric made the lowest bid to build a power station in Romania, the Greek company said yesterday.

Report: Iran, Russia Pushing For Gas OPEC -AFP

Report: Iran, Russia Pushing For 'Gas OPEC' -AFP

A group of gas-exporting states led by Iran and Russia is moving towards creating a formal body similar to the Organization of the Petroleum Exporting Nations, a Russian daily said on Thursday.

Iran Receives 6th Shipment Of Russian Nuclear Fuel -Report

Iran Receives 6th Shipment Of Russian Nuclear Fuel -Report

Iran received a sixth shipment of nuclear fuel Thursday from Russia, destined for a power plant being constructed in the southern port of Bushehr, the official IRNA news agency reported.

Kuwait Aref Energy Buys Stakes In 2 US Cos For $75M - Report

Kuwait Aref Energy Buys Stakes In 2 US Cos For $75M - Report

Kuwait's Aref Energy Holding has acquired stakes in the two U.S.-based energy companies, Synfuels and GeoGas for a combined value of $75 million, Kuwait-based daily al Watan reported Thursday.

TNK-BP Now Values Kovykta Stake At $1 Billion - Vedomosti

TNK-BP Now Values Kovykta Stake At $1 Billion - Vedomosti

Russo-U.K. oil venture OAO TNK-BP (TNBP.RS) now values its 62.8% stake in Rusia Petroleum, the operator of the Kovykta gas field, at $1 billion, the Vedomosti business daily cited TNK-BP part-owner Viktor Vekselberg as saying Thursday.

RWE Eyes Acquisitions, New Capacity In Poland - Newspaper

RWE Eyes Acquisitions, New Capacity In Poland - Newspaper

RWE AG (RWE.XE) is interested in the privatization of the Polish power industry, Rzeczpospolita daily reports Thursday, citing Chief Executive of the company's Polish subsidiary RWE Stoen.

Foreign Min: Iran Ready To Export Gas To Europe - Agency

Foreign Min: Iran Ready To Export Gas To Europe - Agency

Iran is ready to export gas to Europe through the Nabucco gas pipeline, the country's foreign minister, Manouchehr Mottaki, was reported as saying by the Iranian Students News Agency or ISNA.

UK Min:Severn Barrage Critical To UK Renewable Targets-Report

UK Min:Severn Barrage Critical To UK Renewable Targets-Report

The GBP15 billion Severn tidal barrage could play a critical role in helping the U.K. to meet a European-set target for a sevenfold increase in its energy from renewable sources, the Financial Times reports Thursday, citing U.K. Minister for Business John Hutton.

Iraq Resumes Kirkuk Oil Exports Via Turkey - Agent

Iraq Resumes Kirkuk Oil Exports Via Turkey - Agent

Iraq has resumed exports of Kirkuk crude oil via Turkish Ceyhan port late Wednesday night after a suspension of more than two weeks, a shipping agent at the terminal said Thursday.

E.ON Ruhrgas CEO: Rising Costs Arent Threatening Nord Stream

E.ON Ruhrgas CEO: Rising Costs Aren't Threatening Nord Stream

E.ON Ruhrgas AG, the natural gas arm of E.ON AG (EONGY) doesn't expect the rising costs of the Nord Stream gas pipeline to pose a threat to the project, which will connect Russia with western Europe.

DJ Polish PKE To Put On Line New 460 MW Power Station In Q1 2009

DJ Polish PKE To Put On Line New 460 MW Power Station In Q1 2009

Poland's second largest power group, Poludniowy Koncern Energetyczny, or PKE, will put on line a new coal and biomass-fired 460-megawatt power station in Bedzin in the first quarter of 2009, PKE said Wednesday.