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TNK-BP Appoints Muir, Baudrand To Senior Management Team

TNK-BP Appoints Muir, Baudrand To Senior Management Team

Τετ, 18 Μαρτίου 2009 - 19:21

British-Russian oil joint venture TNK-BP Ltd. said Wednesday it has appointed Jonathan Muir as chief financial officer and Didier Baudrand as executive vice president of its downstream division as well as executive director of the company.

Iraq Seeks Foreign Cos To Drill 30 Wells In South Oil Fields

Iraq Seeks Foreign Cos To Drill 30 Wells In South Oil Fields

Τετ, 18 Μαρτίου 2009 - 19:18

Iraq has issued a tender for foreign companies to drill 30 oil wells in three of the country's large oil fields in southern Missan governorate, the Iraqi oil ministry said on its Web site Wednesday.

Russias Sea Ports Throughput Up 5.2% In January

Russia's Sea Ports Throughput Up 5.2% In January

Τετ, 18 Μαρτίου 2009 - 19:10

Russia's sea ports handled in January and February a total of 71.58 million metric tons of cargo, an increase of 5.2% compared with the first two months of 2008, according to the figures released Wednesday by the national association of sea ports.

French Trade Secy, French Cos Eye Invest In Turkmenistan

French Trade Secy, French Cos Eye Invest In Turkmenistan

Τετ, 18 Μαρτίου 2009 - 19:06

Foreign investors are looking at possibilities in the gas-rich Central Asian state of Turkmenistan, which has been spared the economic crisis but still presents obstacles for foreign businesses.

Areva:30% Of Work On UK Reactors To Be Done In France

Areva:30% Of Work On UK Reactors To Be Done In France

Τρι, 17 Μαρτίου 2009 - 18:33

French nuclear power group Areva SA (CEI.FR) has said it will make 30% of the parts for use in planned new nuclear power plants in the U.K., allowing overseas companies to bid for the remaining 70% of the work, U.K. newspaper The Times reports on its Web site Tuesday.

E.ON Sets Guidance On EUR750M 4-Year Bond At Swaps +1.55

E.ON Sets Guidance On EUR750M 4-Year Bond At Swaps +1.55

Τρι, 17 Μαρτίου 2009 - 18:32

German power company E.ON AG (EOAN.XE) has tightened price guidance on its EUR750 million, four-year, benchmark bond, to 155 basis points over mid-swaps, one of the banks managing the deal said Tuesday.

British Energy Restarts 4 Reactors After 17-Mo Outage

British Energy Restarts 4 Reactors After 17-Mo Outage

Τρι, 17 Μαρτίου 2009 - 18:25

U.K. nuclear power generator British Energy Tuesday said it had restarted four nuclear reactors, two at Heysham Stage 1 and two at Hartlepool nuclear power stations, following a 17-month outage.

Terna Energy to invest 1.5 bln euros by 2012

Terna Energy to invest 1.5 bln euros by 2012

Τρι, 17 Μαρτίου 2009 - 14:54

reek renewable energy company Terna Energy plans to invest about 1.5 billion euros ($1.9 billion) in wind-power capacity by 2012, the chief executive of its parent company, GEK Terna group, said. Greece is struggling to cut its green power shortfalls in a bid to meet EU directives.