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CEZ Submitted Bid To Renew Romanias Galati Power Plant

CEZ Submitted Bid To Renew Romania's Galati Power Plant

PRAGUE (Dow Jones)--Czech power company CEZ AS (BAACEZ.PR) Monday said it has bid in a tender to renew an existing 535 megawatt power plant in the Romanian town of Galati and potentially to build an additional new power plant in the country.

Angry Iran Warns Turkmenistan On Gas - AFP

Angry Iran Warns Turkmenistan On Gas - AFP

TEHRAN (AFP)--Iran angrily warned Turkmenistan to restore gas exports, amid criticism from lawmakers that the Iranian government was not doing enough to help people cut off from gas supplies in a severe winter, the press reported on Monday.

Kashagan Deal May Boost Eni Shares - Analysts

Kashagan Deal May Boost Eni Shares - Analysts

The agreement between the Eni SpA (E)-led consortium developing the Kashagan oil field and Kazakh authorities to end a dispute is seen as a positive catalyst for the Italian energy giant, analysts said Monday

Turkish News Agency: Iran Yet To Resume Gas Supply - AFP

Turkish News Agency: Iran Yet To Resume Gas Supply - AFP

TEHRAN (AFP)--Turkey has yet to receive fresh supplies of Iranian gas, which Turkish officials had hoped would be resumed Monday, as Iran confronts a bitter cold snap, the semiofficial Anatolie news agency reported.

In Iran Reversal, Bureaucrats Triumphed Over Cheney

In Iran Reversal, Bureaucrats Triumphed Over Cheney

As President Bush arrives in Saudi Arabia today, America's Arab and Israeli allies have been buzzing about the recent sea change in Washington's perception of Iran. The December report by the U.S.'s top spy office stating Iran had abandoned its effort to build nuclear weapons was one of the biggest U-turns in the recent history of U.S. intelligence

Oil-Field Pact Boosts Stake For Kazakhstan

Oil-Field Pact Boosts Stake For Kazakhstan

LONDON -- A long-running dispute over one of the world's biggest oil-development projects was finally resolved last night with an agreement to let the Kazakhstan state oil and gas company double its stake in the multi-billion-dollar venture.

Saudi State Bank Urges Govt To Alter Dollar Peg -FT

Saudi State Bank Urges Govt To Alter Dollar Peg -FT

The chief economist of Saudi Arabia's National Commercial Bank urged the government to consider altering the riyal's peg to the U.S. dollar, and to diversify its assets by setting up a sovereign fund to boost returns and reduce exposure to the U.S. currency, The Financial Times reported Sunday.

RWE in Nabucco?

RWE in Nabucco?

Germany's RWE might become the sixth partner in the Nabucco natural gas pipeline, which aims to transport Caspian basin gas to Central Europe, Turkish Energy Minister Hilmi Guler said.

Ankara Gas Distribution Co Sale; 23 Cos Interested -IHA

Ankara Gas Distribution Co Sale; 23 Cos Interested -IHA

ISTANBUL (Dow Jones)--Twenty-three foreign and domestic firms purchased bid specifications in the tender for the sale of Baskent Dogalgaz AS, which distributes gas in the capital Ankara, the company's general manager Veysel Karani Demir said Friday, the Ihlas News Agency, or IHA, reported.

Iranian Pres Vows To Restore Domestic Gas Supply - AFP

Iranian Pres Vows To Restore Domestic Gas Supply - AFP

TEHRAN (AFP)--Iranian President Mahmoud Ahmadinejad Friday made an unannounced visit to an Iranian province badly hit by gas cuts in the coldest weather in years, vowing to do all he could to restore supplies.

Kazakhstan Considers Ending PSA With Agip - Interfax

Kazakhstan Considers Ending PSA With Agip - Interfax

ASTANA, Kazakhstan (Dow Jones)--Kazakhstan's Energy and Natural Resources Ministry is examining the possibility of severing the North Caspian project production-sharing agreement with the international Agip KCO consortium, news agency Interfax reported Friday.

Eni Seals GBP1.74B Takeover Of Burren Energy

Eni Seals GBP1.74B Takeover Of Burren Energy

LONDON (Dow Jones)--Eni SpA (E), Italy's largest oil and gas company by volume, Friday claimed 77.42% of U.K. peer Burren Energy PLC (BUR.LN), drawing a line under its GBP1.74 billion takeover bid.