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Italys Edison May Sell 25% Of Abu Qir Project To EDF

Italy's Edison May Sell 25% Of Abu Qir Project To EDF

Italian utility Edison SpA (EDN.MI) may sell a 25% stake in Egypt's Abu-Qir gas field project to Electricite de France SA (1024251.FR) in an attempt to prevent an enlargement of its debt, La Repubblica reported in its Wednesday Internet edition.

Gas Supply

Gas Supply

Turkey said yesterday Iran had given assurances it would not cut its gas exports this winter, after supplies to Turkey were disrupted last winter.

Iberdrola gets OK to buy remainder of Rokas

Iberdrola gets OK to buy remainder of Rokas

Iberdrola SA, the world’s largest wind-park operator, said it got Greek approval to buy the remainder of C. Rokas SA. The Hellenic Capital Market Commission approved the purchase on November 14, the Madrid-based company said in a statement posted yesterday on its website.

EDF Tightens Price Guidance On 4-Year Euro Benchmark Bond

EDF Tightens Price Guidance On 4-Year Euro Benchmark Bond

French state-controlled utility Electricite de France SA (1024251.FR) has tightened price guidance to 210 basis points over mid-swaps for its upcoming four-year, euro-denominated, benchmark bond, one of the banks managing the deal said Tuesday.

Austria, Turkmenistan To Strengthen Political, Economic Ties

Austria, Turkmenistan To Strengthen Political, Economic Ties

Austria and Turkmenistan agreed Monday to strengthen political and economic ties, especially in the energy sector, during an official visit to Austria by Turkmen President Gurbanguly Berdymukhamedov.

Turkey, Exxon To Sign Black Sea Oil Exploration Deal Wed

Turkey, Exxon To Sign Black Sea Oil Exploration Deal Wed

Turkish state oil company TPAO and U.S. company Exxon Mobil Corp. (XOM) will hold a signing ceremony Wednesday for the TPAO-ExxonMobil Partnership for oil exploration in the Black Sea, TPAO said Monday.

Turkish Prime Minister Vows To Work With Obama

Turkish Prime Minister Vows To Work With Obama

On the eve before the Group of 20 nations meet to come up with a global solution to the financial crisis, Turkish Prime Minister Recep Tayyid Erdogan pledged to work with President-elect Barack Obama to achieve peace and stem the world's economic woes.

Iran And Turkey Sign Deal To Transfer Gas To Europe

Iran And Turkey Sign Deal To Transfer Gas To Europe

Turkey and Iran signed a memorandum of understanding late Monday on the development of three phases of Iran's South Pars gas field and to transfer gas to Europe, Turkish Energy Minister Hilmi Guler said, the Ihlas News Agency, or IHA, reported Tuesday.

Russian Stocks Slide Further On Oil

Russian Stocks Slide Further On Oil

Russian stock indexes fell further Monday as oil prices dropped and equity markets around the world posted losses.

Gazprom Blames Georgia For Interrupted S Ossetia Gas Deliveries

Gazprom Blames Georgia For Interrupted S Ossetia Gas Deliveries

Russian state-controlled gas giant Gazprom (GAZP.RS) accused Georgia Monday of interrupting gas deliveries to South Ossetia and said the rebel Georgian region would be supplied directly from Russia next year.

Italy, Germany To Discuss Energy, Climate Package

Italy, Germany To Discuss Energy, Climate Package

Italian Prime Minister Silvio Berlusconi and German Chancellor Angela Merkel meeting at a bilateral summit in Trieste Tuesday will focus on energy policy and the European Union's greenhouse gas control package, Il Sole-24 Ore reports Tuesday.

OMV In Talks With Turkmenistan, Shell In Iraq For Nabucco

OMV In Talks With Turkmenistan, Shell In Iraq For Nabucco

OMV AG (OMV.VI) and its partners in the Nabucco gas pipeline are in talks with Turkmenistan and Royal Dutch Shell PLC's (RDSB.LN) Iraqi operation to secure gas supply, the company's executives said Friday.

EU Wants To Work With Obama On Iraq, Other Key Issues

EU Wants To Work With Obama On Iraq, Other Key Issues

The European Union plans to propose working with U.S. President-elect Barack Obama on key issues including Iraq and to pledge participation in foreign military operations, German media reported.

Iran Wants OPEC Cut Of 1.0-1.5 Mln B/D

Iran Wants OPEC Cut Of 1.0-1.5 Mln B/D

Iran, OPEC's No. 2 oil producer, favors a cut in crude production of 1.0 million to 1.5 million barrels a day when the oil cartel meets in Cairo later this month, state television reported Saturday.