English Edition

RWE Says It's Still Keen on Cooperation with Greek Peer

Τρι, 20 Νοεμβρίου 2007 - 03:34

German utility RWE said yesterday it was keen on a cooperation deal with the biggest Greek power utility, Public Power Corporation (PPC), a day after a government official in Athens cast doubts on the deal.

Dollar Spat Shows Political Divide As Saudi OPEC Summit Ends

Δευ, 19 Νοεμβρίου 2007 - 04:32

The Organization of Petroleum Exporting Countries wrapped up a historical third summit Sunday one member stronger and invigorated by record oil prices, but overshadowed by differences over the weakening dollar that has revealed a growing political divide in the 13-nation group.

Russia Oil Output to Rise Modestly Over Next Few Years

Δευ, 19 Νοεμβρίου 2007 - 04:19

Russian oil output will grow only modestly over the next few years, and the government is considering new tax breaks to stimulate investment and boost production, The Wall Street Journal reported on Friday

Floods In Greece Force Village Evacuations

Δευ, 19 Νοεμβρίου 2007 - 03:56

Authorities declared an emergency in parts of northeastern Greece on Sunday after torrential rain caused flooding near Greece's border with Turkey and forced the evacuation of several villages.

Gazprom, CNPC Agree On Gas Supply Pricing Mechanism - Xinhua

Δευ, 19 Νοεμβρίου 2007 - 03:50

Russian gas giant OAO Gazprom and China National Petroleum Corp. have reached consensus on the pricing mechanism for natural gas supplies to China, but haven't agreed on specific prices, Xinhua said Sunday, citing a senior Gazprom official.

Ukraine Min:Odessa Refinery To Restart Ops Jan-Mar '08-Agency

Δευ, 19 Νοεμβρίου 2007 - 03:46

Ukraine's Odessa Refinery is expected to restart operations in January-March 2008, the Prime-Tass news agency reported Ukraine's economy minister, Anatoly Kinakh, as telling reporters Friday.

Libya Oil Head: OPEC Oil Mins To Discuss Dlr At Dec 5 Meeting

Δευ, 19 Νοεμβρίου 2007 - 03:43

Libya's oil policy head Shokri Ghanem said Sunday that OPEC leaders had agreed on its final communique and it doesn't mention the impact of the weak dollar on the group's revenues, as expected.

UK's Star Energy Eyes Possible Bid From Gazprom -Paper

Δευ, 19 Νοεμβρίου 2007 - 03:42

U.K. gas storage developer Star Energy Group PLC has had talks with OAO Gazprom over the Russian company mounting a rival bid to Petronas' takeover offer for Star last week, U.K. newspaper the Mail on Sunday reports.

Greek-Turkish Inauguration of Pipeline

Δευ, 19 Νοεμβρίου 2007 - 03:12

Greece and Turkey yesterday inaugurated a new pipeline transporting natural gas from the Caspian Sea region to the rest of Europe in a move expected to help diversify energy supplies and improve ties between the two rivals. Greek Prime Minister Costas Karamanlis and his Turkish counterpart Recep Tayyip Erdogan shook hands at a symbolic meeting on a bridge over the River Evros, which separates the two countries.

Russia, Bulgaria and Greece Sign Key Gas Pipeline Protocol

Δευ, 19 Νοεμβρίου 2007 - 03:11

Russia, Bulgaria and Greece last week signed a key protocol which will open the way for the realization of the long-delayed oil pipeline that will connect the Black Sea with the Aegean, Development Minister Christos Folias announced in an interview with Kathimerini yesterday.

Iranian Pres: IAEA Report Relatively Realistic - AFP

Παρ, 16 Νοεμβρίου 2007 - 03:32

Iranian President Mahmoud Ahmadinejad gave a warm welcome Friday to a key report on his country's nuclear program by the U.N. watchdog and criticized Western governments for basing their policies on the "wrong information."

Israel Slams IAEA For 'Failing To Expose' Iran Ambitions-AFP

Παρ, 16 Νοεμβρίου 2007 - 03:30

Israel slammed the U.N. nuclear watchdog Friday for failing to expose what it said was Iran's drive to acquire an atomic bomb in a key report on the latter's nuclear program. The International Atomic Energy Agency's report Thursday said Iran has made some progress in revealing the extent of its nuclear program, but that it is still defying U.N. demands to suspend its controversial uranium enrichment.

Greek-Turkish Gas Connection on Stream

Παρ, 16 Νοεμβρίου 2007 - 03:23

Greece and Turkey are getting closer both metaphorically and literally as their first joint large scale energy project gets under way next Sunday when the two countries’ prime ministers will shake hands on the bridge over the Evros river, in Thrace, and inaugurate the Greek-Turkish gas interconnector.

US President Bush To Veto Anti-OPEC Legislation - Official

Παρ, 16 Νοεμβρίου 2007 - 03:16

U.S. President George Bush would still veto legislation allowing U.S. institutions to sue the Organization of Petroleum Exporting Countries for what some lawmakers claim are its actions in pushing up oil prices, the U.S. energy attache in Saudi Arabia said Friday.

Spain Opposed To Higher Suez Stake In Gas Natural - Newspaper

Παρ, 16 Νοεμβρίου 2007 - 03:13

Spain's government would probably seek to stop France's Suez SA from increasing its stake in Spain's Gas Natural SDG SA, Expansion reports, citing comments made by industry minister Joan Clos.

OPEC Worry On Weak Dlr May Be In Summit Communique -Sources

Παρ, 16 Νοεμβρίου 2007 - 03:07

Concern by some members of OPEC over the impact of the weak dollar could find its way into the final communique to be issued by the oil producer group's leaders Sunday, sources said Friday, though only if there is consensus.