English Edition

MOL CEO: Croatia Govt Deal In Reasonable Time

Πεμ, 16 Οκτωβρίου 2008 - 13:08

Hungarian oil and gas company MOL Nyrt. (MOL.BU) will close a deal with the Croatian government on the acquisition of a stake in refiner INA d.d (INA.ZG) within a reasonable time, MOL Chief Executive Gyorgy Mosonyi said Thursday.

EU's Solana Says Russia Talks Not To Resume Until Next Month

Πεμ, 16 Οκτωβρίου 2008 - 13:04

European Union foreign policy chief Javier Solana said Thursday that strategic partnership talks with Russia, frozen after the Georgia conflict, were unlikely to resume until next month.

Polish PGNiG Sees Gas Sales Topping 18 BCM By 2013

Πεμ, 16 Οκτωβρίου 2008 - 13:02

Polish gas company Polskie Gornictwo Haftowe i Gazownictwo, or PGNiG (PGN.WA), expects its natural gas sales will exceeed 18 billion cubic meters annually by 2013, daily newspaper Parkiet reports, citing company forecasts.

Titan Signs Green Deal for Poland

Τετ, 15 Οκτωβρίου 2008 - 15:35

Cement company Titan has signed an agreement with Poland’s Hatra Cement i Beton to install a recycling unit that turns the ash generated by power plants into building materials. Titan said its US-based subsidiary, Separation Technology (ST), had agreed with Hatra Cement, a subsidiary of Lafarge Cement, to install a unit that will recycle the power plant waste – called fly ash – produced by Polish chemicals group Ciech.

Gaffney:Yolotan To Have Up To 14,000 BCM Of Gas

Τετ, 15 Οκτωβρίου 2008 - 15:32

U.K. consultancy Gaffney, Cline & Associates Ltd. has found that South Yolotan-Osman natural gas field in Turkmenistan has between 4 trillion cubic meters and 14 trillion cubic meters of gas, the Turkmenistan government's Web site has said.

Electricity Shortage Threatens Central Asia's Growth

Τετ, 15 Οκτωβρίου 2008 - 15:29

Despite its vast reserves of oil and gas, Central Asia is facing a serious power shortage this winter and in 2009 as countries in the region fail to address rising demand for electricity.

Iranian Gas

Τετ, 15 Οκτωβρίου 2008 - 15:28

Iran’s future natural-gas exports are more likely to be sent east to Asia than west to Europe, an Iranian industry consultant said. “The natural route of gas exports from Iran is east,” said Bijan Khajehpour, chief executive officer of Atieh Bahar Consulting and managing director of Qeshm Energy Co.

Oct Crude Lifting Plan For BTC Pipeline Reissued

Τετ, 15 Οκτωβρίου 2008 - 15:26

The October crude oil loading program for the Baku-Tbilisi-Ceyhan pipeline has been reissued to market participants, traders of Mediterranean crude said Wednesday.

Azerbaijan's Aliyev Set For Re-election To Presidency

Τετ, 15 Οκτωβρίου 2008 - 15:23

Ex-Soviet satellite Azerbaijan began voting in a presidential election Wednesday with incumbent Ilham Aliyev all but certain to maintain his grip on power in the strategic oil-rich republic.

Industrial Output Narrows Again

Τετ, 15 Οκτωβρίου 2008 - 15:23

Greece’s industrial output narrowed for the fourth consecutive month, down 1.8 percent year-on-year in August, hurt by weaker manufacturing, the statistics service (NSS) said yesterday. In the year to August, Greece’s industrial output contracted 3.0 percent compared to the same period a year ago, NSS said.

Bahrain To Sign Wed Framework Pact To Import Iran Gas

Τετ, 15 Οκτωβρίου 2008 - 15:17

Bahrain is expected to sign Wednesday a framework agreement to import natural gas from Iran, Manama-based Al Waqt daily reports Wednesday.

GDF Suez Protests Belgian Govt Plan For Nuclear Operator Levy

Τετ, 15 Οκτωβρίου 2008 - 15:11

The GDF Suez SA (GSZ.FR) Group said Tuesday it has informed the Belgian Government that it emphatically protests the preliminary draft for a law which would require the nuclear operators to make a contribution of EUR250 million for the 2008 financial year.

UK Urges EU To Stick To Climate Change Agenda

Τετ, 15 Οκτωβρίου 2008 - 15:05

U.K. Prime Minister Gordon Brown urged European Union leaders Wednesday not to abandon their goals to combat climate change in the face of growing pressures from the global financial crisis.