English Edition

Darkness Εnvelops PPC Αfter Forecast

Τρι, 30 Σεπτεμβρίου 2008 - 15:52

The warning of a drop in profits from Greece's largest power company Public Power Company (PPC) sent its shares more than 20 percent lower on the Athens bourse yesterday, prompting unions to sue management for its «economic collapse.»

EU's Solana To Visit Georgia Tuesday

Τρι, 30 Σεπτεμβρίου 2008 - 12:38

European Union foreign policy chief Javier Solana will visit Georgia Tuesday ahead of the deployment of an E.U. mission to help stabilize the country, a Georgian official told AFP.

Eni To Sign Binding Document With Gazprom In Strategic Deal

Τρι, 30 Σεπτεμβρίου 2008 - 12:37

Eni SpA (E) Chief Executive Paolo Scaroni met in Moscow Monday with the chairman of Russia's Gazprom (GAZP.RS), Alexei Miller, making "further progress" in the strategic partnership agreement between the two energy giants, Eni said.

South Korea, Russia Reach Natural-Gas Deal

Τρι, 30 Σεπτεμβρίου 2008 - 12:35

South Korea has agreed to import natural gas from Russia for 30 years starting in 2015, part of a $102 billion bilateral gas and chemical deal.

E.ON Gas Grid GmbH Names Matthias Lenz Managing Director

Τρι, 30 Σεπτεμβρίου 2008 - 12:34

In late September, Matthias Lenz was appointed new Managing Director of E.ON Gas Grid GmbH, the company said Tuesday.

EVN, Enel, CEZ Place Bids For Albanian Pwr Distributor

Τρι, 30 Σεπτεμβρίου 2008 - 12:32

Austrian regional power supplier EVN AG (EVNV.VI) is about to place a binding bid for state-owned Albanian power distribution company OSSH, financial daily Wirtschaftsblatt reports Tuesday.

Egypt To Boost Baraka Oilfield Output To 2,000 B/D

Τρι, 30 Σεπτεμβρίου 2008 - 12:31

Egypt has begun implementing a plan to boost the output of Al Baraka oilfield in Upper Egypt to 2,000 barrels a day, Cairo-based Al Ahram daily reports Tuesday.

Sibir 1H Net Pft Surges To $233.7M On Higher Production

Τρι, 30 Σεπτεμβρίου 2008 - 12:29

London-listed Russian oil producer Sibir Energy PLC (SBE.LN) Tuesday said its first-half net profit more than doubled to $233.7 million compared with the same period a year earlier, due to increased production.

BP-backed David Peattie Replaces James Dupree On TNK

Δευ, 29 Σεπτεμβρίου 2008 - 15:57

Russian oil venture TNK-BP Ltd., half-owned by BP PLC (BP.LN), Monday said David Peattie had replaced James Dupree on its board.

Ukraine Owes Russia For 14 Bcm Of Gas

Δευ, 29 Σεπτεμβρίου 2008 - 15:55

Ukraine hasn't paid for 14 billion cubic meters of Russian natural gas that is currently being kept in its storage facilities, Bogdan Sokolovsky, the Ukrainian president's representative for foreign affairs and energy security, said at a news conference Friday, news agency Prime-Tass reported.

Iran Min: Less Oil Investment To Lower Supply Security

Δευ, 29 Σεπτεμβρίου 2008 - 15:53

Iran's oil minister said Saturday that the falling value of the dollar has contributed to instability in the oil market, and rising production costs could reduce investment in the oil sector and undermine energy supply security, the semi-official Fars News Agency reported Saturday.

Oil Production In Western Iran Reaches 164,000 B/D

Δευ, 29 Σεπτεμβρίου 2008 - 15:52

Oil production in western Iran has reached 164,000 barrels a day since the beginning of the Iranian new year, the Oil Ministry's official Shana news Web site reported Saturday, citing the managing director of the West Oil and Gas Exploitation Co.

Top Iran Official: Iran May Abandon Nuclear Talks

Δευ, 29 Σεπτεμβρίου 2008 - 15:51

The recent U.N. Security Council resolution against Iran may cause Tehran to reconsider negotiations over its nuclear program, Press TV, Iran's government-controlled international news network, reports on its Web site Monday.