Enel Green Unit EUR10.5B In IPO Premarketing Value Τρι, 5 Οκτωβρίου 2010 - 18:54 The renewables energy unit that Enel SpA (ENEL.MI) is planning to sell in coming weeks is valued at EUR10.5 billion in the pre-marketing phase, said a person familiar with the matter Tuesday.
Medvedev's Mediterranean Tour To Focus On Energy, Politics Τρι, 5 Οκτωβρίου 2010 - 18:54 Russian President Dmitry Medvedev Wednesday begins a three-day Mediterranean tour during which he will seek to forge closer economic and political ties with Algeria and European Union member Cyprus.
Norway 2010 Oil Output To Fall 5% To 2.2 Million B/D - Ministry Τρι, 5 Οκτωβρίου 2010 - 18:53 Norway's total oil production is expected to fall to 2.2 million barrels a day in 2010, down 5% from 2009, the country's Ministry of Petroleum and Energy said Tuesday.
Iberdrola, Enel May Dodge Cuts as Spain Plans Sale Τρι, 5 Οκτωβρίου 2010 - 16:26 The Spanish government’s plan to sell about 14 billion euros ($19 billion) of bonds to pay debt owed to the country’s biggest power companies may helpIberdrola SAandEnel SpAavoid credit-rating downgrades.
GDF Suez Exec Sees 2011 Global Natural Gas Supply Above Demand Δευ, 4 Οκτωβρίου 2010 - 18:37 Natural gas prices are likely to remain depressed next year because of a high level of supply compared with demand in the industry, GDF Suez executive vice president Jean Marie Dauger said Monday.
Petronas 1Q Net Profit Up 60%, But Expects Headwinds In 2H Δευ, 4 Οκτωβρίου 2010 - 18:37 Malaysian state oil corporation Petroliam Nasional Bhd. (PET.YY) said Monday that first-quarter net profit rose 60% from a year earlier on higher oil prices and cost-cutting measures, but warned of a sequentially weaker second half on concerns over a weak global economy.
GE Wins $700 Million Power Plant Supply Deal In Saudi Arabia Δευ, 4 Οκτωβρίου 2010 - 18:36 General Electric Co. (GE) said that Monday it signed agreements worth about $700 million to supply Saudi Arabia with equipment related to the construction of a gas-fired power plant.
Ecopetrol CEO: Sees Total Oil Production At 750,000 Bbl/D In 2011 Δευ, 4 Οκτωβρίου 2010 - 18:36 Ecopetrol SA (EC, ECOPETROL.BO), Colombia's state-owned oil company, plans to increase oil production to up to 750,000 barrels a day in 2011, Chief Executive Javier Gutierrez Pemberthy said Monday.
Eurobonds: BP Launches Two-Part Euro Deal After Success In US Δευ, 4 Οκτωβρίου 2010 - 18:36 BP PLC (BP) Monday launched its first euro-denominated bond since capping its leaking oil well in the Gulf of Mexico, as primary issuance picked up on a steady credit market environment.
Russia Oil Output May Go Higher After New Record In Sept Δευ, 4 Οκτωβρίου 2010 - 18:35 Russian oil output reached a new post-Soviet high in September, continuing to perform against expectations this year, and some analysts are now saying the world's biggest energy supplier could boost production further in the coming years.
Sinopec Group Pays Very High Premium for Brazil Oil Reserves Δευ, 4 Οκτωβρίου 2010 - 13:53 China Petrochemical Corp.is paying a 76 percent premium to take a stake in Repsol YPF SA’s Brazilian unit as the world’s biggest energy user switches its hunt for oil reserves to Latin America from Africa
Brussels Finalising EU Energy Infrastructure Plan Δευ, 4 Οκτωβρίου 2010 - 13:52 The European Commission is planning to introduce a fast-track procedure for permitting energy infrastructure projects of European interest, according to a draft proposal seen by EurActiv.
Kazakhstan To Boost Coal Exports To 32M Tons By 2014 -Minister Παρ, 1 Οκτωβρίου 2010 - 18:54 Kazakhstan plans to boost its annual coal exports to 32 million metric tons by 2014, Kazakh state news agency Kazinform reported Friday, citing Deputy Industry and New Technologies Minister Duisenbai Turganov.
Exxon, Gazprom Deadlock Over Sakhalin-1 Plans To Export Gas Παρ, 1 Οκτωβρίου 2010 - 18:54 Talks between U.S. oil giant Exxon Mobil Corp. (XOM) and Russia's state-controlled natural gas firm OAO Gazprom (GAZP.RS) have deadlocked over who should buy the gas that an Exxon-led consortium plans to develop off Russia's Pacific coast.
Enel Green Unit IPO Price Range Talks Start From Monday-Sources Παρ, 1 Οκτωβρίου 2010 - 18:54 Enel SpA (ENEL.MI) plans to start talks next week between its advisers and potential investors for the initial public offering share price range of its renewables energy unit, said two people familiar with the matter Friday.
Gazprom Moves Two Shtokman Drilling Rigs To Sakhalin-3 Παρ, 1 Οκτωβρίου 2010 - 18:53 Russian gas giant OAO Gazprom (GAZP.RS) is moving two $1 billion drilling rigs from the challenging Shtokman project in the Barents Sea to its Sakhalin-3 project in the Far East, four people familiar with the matter said.