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Enel CFO Sees EUR1B From Spain Tariff Deficit In 2010

Enel CFO Sees EUR1B From Spain Tariff Deficit In 2010

Πεμ, 25 Νοεμβρίου 2010 - 19:09

Enel SpA (ENEL.MI) expects to receive about EUR1 billion as the first reimbursement installment from Spain's so-called tariff deficit program by the end of 2010, the company's Chief Financial Officer Luigi Ferraris said Thursday.

OMV Board Reaffirms CEO After Insider Trading Charges

OMV Board Reaffirms CEO After Insider Trading Charges

Πεμ, 25 Νοεμβρίου 2010 - 19:08

The supervisory board of Austrian oil and gas company OMV AG (OMV.VI) decided at a meeting Thursday to confirm the position of Chief Executive Wolfgang Ruttenstorfer, a step made necessary after he was charged with insider trading last week, the company said.

Iraq Hopes To Sign Akkas Gas Field Deal By Year-end

Iraq Hopes To Sign Akkas Gas Field Deal By Year-end

Πεμ, 25 Νοεμβρίου 2010 - 19:07

Iraq hopes to sign a delayed initial agreement for the Akkas gas field "by the end of this year" after clearing up some misunderstandings that led to the deal being postponed at the last minute earlier this month, a senior Iraqi oil official said Thursday.

Spain Puts A Little Energy Into Paying Off Power Tariff

Spain Puts A Little Energy Into Paying Off Power Tariff

Πεμ, 25 Νοεμβρίου 2010 - 19:07

Enel's Chief Executive Luigi Ferraris said Thursday that the Italian utility--owner of Spain's Endesa--expects to receive this year about EUR1 billion as the first reimbursement installment from Spain's so-called tariff deficit bond issue. To which one can only say--good luck with that.

First-Day «Energia B2B 2010» Cocktail Reception: Change of Venue

First-Day «Energia B2B 2010» Cocktail Reception: Change of Venue

Πεμ, 25 Νοεμβρίου 2010 - 13:13

IENE announces that, due to technical and organizing reasons, today's (Thursday, November 25) "Energia B2B 2010" Cocktail Reception will be held at the “Ethniki Asfalistiki” Conference Centre (103-105 Syggrou Ave., Athens) at 19:00-20:30, instead of the "Athenaeum Intercontinental" Hotel.

Spain To Cut Wind, Solar Power Subsidies In December

Spain To Cut Wind, Solar Power Subsidies In December

Τετ, 24 Νοεμβρίου 2010 - 16:05

Spain's government is seeking to press ahead with planned cuts in costly renewable energy subsidies in early December, as part of ongoing austerity moves, a spokesman for the country's Industry Ministry said Wednesday.

Greenhouse Gas Emissions Reach Record Levels In 09-WMO

Greenhouse Gas Emissions Reach Record Levels In '09-WMO

Τετ, 24 Νοεμβρίου 2010 - 16:05

Greenhouse gas emissions reached record levels in 2009, the United Nation's World Meteorological Organization said Wednesday, warning that global warming could set off even greater methane emissions from the Arctic.

German Govt: Merkel, Putin To Discuss Sale Of E.ONs Gazprom Stake

German Govt: Merkel, Putin To Discuss Sale Of E.ON's Gazprom Stake

Τετ, 24 Νοεμβρίου 2010 - 16:04

German Chancellor Angela Merkel and Russian Prime Minister Vladimir Putin will discuss the possibility of E.ON Ruhrgas selling its 3.5% stake in Gazprom, worth $4.5 billion, when they meet this week in Berlin, Merkel's spokesman said Wednesday.

Bulgaria Opens Way to Start LNG talks with Qatar

Bulgaria Opens Way to Start LNG talks with Qatar

Τετ, 24 Νοεμβρίου 2010 - 14:50

Bulgaria and Qatar have signed a confidentiality deal paving the way for talks on LNG deliveries from the Arab country, state gas company Bulgargaz said on Friday, as Sofia seeks to cut dependence on Russian gas.

Turkmenistan Says Can Supply up to 40 bcm a Year to Europe

Turkmenistan Says Can Supply up to 40 bcm a Year to Europe

Τετ, 24 Νοεμβρίου 2010 - 14:50

Turkmenistan has won support from its Caspian neighbours to lay a pipeline under the sea and become a major gas supplier to Europe, a senior official said on Friday, boosting plans for the EU-backed Nabucco project.