Austria's Verbund Acquires 13 Hydro Plants From E.ON Τρι, 9 Ιουνίου 2009 - 13:25 Verbund AG (VER.VI), Austria's leading electricity company, said Monday it would acquire a total of 13 hydro power plants along the river Inn from German utility E.ON AG (EOAN.XE).
Ukraine Pres: Russia Monopolizing Nuclear Fuel Mkt Παρ, 5 Ιουνίου 2009 - 18:42 Ukrainian President Viktor Yushchenko Friday accused Russia of trying to monopolize the international nuclear fuel market, the RIA Novosti news agency reports.
Russia Backs Long-term Oil Contracts, Trade In More Blends Παρ, 5 Ιουνίου 2009 - 18:40 Russia is backing a system of long-term oil deliveries and thinks the world should expand the range of oil blends traded on exchanges, Deputy Prime Minister Igor Sechin said Friday.
IEA's Tanaka: Oil Price To Rise In Long Term Παρ, 5 Ιουνίου 2009 - 18:39 The price of crude oil is bound to rise "higher and higher" in the long term, as supply tightens and demand grows, Nobuo Tanaka, executive director of the International Energy Agency, said Friday.
E.ON Signs Agreement With Gazprom For Siberian Gas Field Παρ, 5 Ιουνίου 2009 - 18:37 German utility company E.ON AG (EOAN.XE) said Friday that it has finalized an agreement with OAO Gazprom (GAZP.RS) to participate in the Yuzhno Russkoye gas field in Siberia.
Rosneft CEO Says Second Quarter Outlook Optimistic Παρ, 5 Ιουνίου 2009 - 18:35 Chief Executive of Russian oil firm OAO Rosneft (ROSN.RS), Sergey Bogdanchikov, said Friday it is optimistic about the second quarter and that there is no reason to change the company's financial outlook for 2009.
Russia In Talks To Resume Turkmenistan Gas Acqns Παρ, 5 Ιουνίου 2009 - 18:34 Russia is currently in talks to resume its gas purchases from Turkmenistan, Russian Deputy Prime Minister Igor Sechin said Friday.
Libya's Gadhafi To Visit Italy June 10-12 As Econ Ties Grow Παρ, 5 Ιουνίου 2009 - 18:32 Libyan leader Moammar Gadhafi will meet Italian Prime Minister Silvio Berlusconi at the start of an Italy visit June 10-12 as economic ties between the countries continue to improve.
MOL: Russia's Surgut Started Court Case Against The Company Πεμ, 4 Ιουνίου 2009 - 19:28 Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Thursday that Russia's OAO Surgutneftegas (SNGS.RS) initiated judicial supervision against MOL before the Metropolitan Court of Registration because of MOL's refusal to register Surgut's share purchase in the company's register.
Gazprom CEO: May Cooperate With Shell On Yamal LNG Project Πεμ, 4 Ιουνίου 2009 - 19:14 Russian gas giant OAO Gazprom (GAZP.RS) is considering inviting Royal Dutch Shell PLC (RDSA) to participate in liquified natural gas projects on the Arctic Yamal Peninsula, Gazprom's Chief Executive Alexei Miller said Thursday.
Lukoil: No Plans To Borrow More Money Πεμ, 4 Ιουνίου 2009 - 18:59 Russia's largest independent oil producer Lukoil Holdings (LKOH.RS) isn't planning to borrow more money on international markets unless there are interesting assets to buy, the company's Chief Executive Vagit Alekperov said Thursday.
EU To Send Mission To Moscow,Kiev Over Gas Dispute Πεμ, 4 Ιουνίου 2009 - 18:58 The European Commission announced Thursday it would send a senior fact-finding mission to Moscow and Kiev to shed light on their gas payment dispute, after a previous row disrupted European supplies.
Iraq Targeting 1.95M B/D Oil Exports In 2H 09 Πεμ, 4 Ιουνίου 2009 - 18:55 Iraq is aiming to export between 1.88 million and 1.95 million barrels a day of Basra light crude and Kirkuk crude oil in the second half of 2009, the head of the country's State Oil Marketing Organization told Dow Jones Newswires in an interview late Tuesday.
Italy Regulators Say Eni Should Reduce Gas Storage Capacity Πεμ, 4 Ιουνίου 2009 - 18:51 Italy's energy regulator and the antitrust body said Wednesday Eni SpA (E) should reduce its natural gas storage capacity to promote competition and help strengthen the country's energy security.
EGL: Good Result in an Extraordinary Εconomic Climate Πεμ, 4 Ιουνίου 2009 - 18:40 The EGL Group increased its gross margin to CHF 437.0 million (+27%) in the first half of 2008/09 despite tough market conditions. Net profit fell marginally to CHF 123.1 million (-2%). The company made significant progress in all three strategic business areas.
Portugal's Galp Reports Potiguar Oil Find To Brazil's ANP Τετ, 3 Ιουνίου 2009 - 16:05 The Brazilian unit of Portugal's Galp Energia SA (GALP.LB) said late Tuesday it found traces of oil while prospecting in the Potiguar Basin, according to Brazil's National Petroleum Agency.