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Lukoil To Take Over TGK-8 By Year-End - Vedomosti

Lukoil To Take Over TGK-8 By Year-End - Vedomosti

Russian oil producer OAO Lukoil Holdings (LKOH.RS) will take control of utility OAO TGK-8 (TGKH.RS) by the end of the year, the Vedomosti business daily Friday cited Chief Executive Vagit Alexperov as saying.

Aker Kvaerner Signs Framework Agreement With Shell

Aker Kvaerner Signs Framework Agreement With Shell

Aker Kvaerner has signed a five-year partnership agreement with Shell covering the provision, installation, commissioning and life-of-field support of subsea control systems in the North Sea.

CEZ Supervisory Bd Member Sees Higher Power Prices - Report

CEZ Supervisory Bd Member Sees Higher Power Prices - Report

A state-appointed member of the non-executive supervisory board of state-controlled Czech power company CEZ AS (BAACEZ.PR) said Czech electricity prices will grow roughly at an annual rate of 10% over the next three to six years, a local newspaper published Frida

Iran Nuclear Envoy Says US Rhetoric Is Election Ploy -AFP

Iran Nuclear Envoy Says US Rhetoric Is Election Ploy -AFP

Iran's chief nuclear negotiator Saeed Jalili on Friday criticized a U.S. drive to impose sanctions over its atomic program, saying Washington's tough talking was little more than an election ploy.

New-Generation Plastic Bags that Self-Destruct

New-Generation Plastic Bags that Self-Destruct

A leaf that falls from a tree takes just one year to be absorbed into the soil, but a plastic bag survives for a century. Plastic bags in landfill sites make it difficult for organic refuse to biodegrade. For example, food scraps discarded in a closed plastic bag take 30-70 years to break down.

Laconia Power Plant Plan Opposed

Laconia Power Plant Plan Opposed

An application by a private firm for a permit to build an electricity plant in a protected Natura 2000 area on the southeastern tip of the Peloponnese has mobilized local residents concerned that construction of the 448-megawatt plant at Asproudia will mean the end of their livelihoods and way of life.

Russia-Bulgaria Gas Deal Seen in Doubt as Putin Starts Visit

Russia-Bulgaria Gas Deal Seen in Doubt as Putin Starts Visit

President Vladimir Putin will seek Bulgarian assent to an ambitious scheme securing Russian expansion of gas deliveries into Southern Europe when he visits Sofia on possibly his last foreign visit before stepping down.

EU rap for Athens Over Emissions

EU rap for Athens Over Emissions

European Environment Commissioner Stavros Dimas yesterday issued a stern rebuke against the government for allegedly inadequately monitoring its carbon dioxide (CO2) emissions, saying that Greece could sabotage efforts by other European Union states to curb global warming.

Albania Suffers Power Cuts from Overload

Albania Suffers Power Cuts from Overload

Albania suffered an “almost total” power cut yesterday as excess electricity imports from Serbia and Montenegro overloaded local circuits, a Greek official said.

Bulgaria, Russia Not Ready To Sign South Stream Deal - AFP

Bulgaria, Russia Not Ready To Sign South Stream Deal - AFP

SOFIA (AFP)--Bulgaria and Russia are discussing a pipeline to carry Russian gas to Europe, but no agreement will be signed this week during a visit here of Russian President Vladimir Putin, Bulgarian Foreign Minister Ivaylo Kalfin said Thursday.

Iraq Official: No Cooperation With Oil Cos Over Kurdish Deals

Iraq Official: No Cooperation With Oil Cos Over Kurdish Deals

BAGHDAD (AP)--The Iraqi Oil Ministry has decided to stop cooperating with international oil companies participating in production-sharing contracts with the Kurdish regional administration in northern Iraq, an official said Thursday.

Kazakhstan $5B Worse Off From New Kashagan Deal -Pressure Grp

Kazakhstan $5B Worse Off From New Kashagan Deal -Pressure Grp

ROME (Dow Jones)--The government of Kazakhstan will lose $5 billion from the agreement settling a dispute with top western oil companies over the Kashagan oil field, according to a study to be published Friday by a pressure group.