English Edition

Iran Oil Min Warns OMV To Hurry Up On Nabucco Deal

Δευ, 15 Σεπτεμβρίου 2008 - 18:12

Iranian Oil Minister Gholam Hossein Nozari warns Austrian-based energy company OMV AG (OMV.VI) not to delay signing contracts on the Nabucco gas pipeline project in an interview published in Friday's edition of Austrian daily Wiener Zeitung.

Additional Pipeline Projects No Danger To Nabucco

Δευ, 15 Σεπτεμβρίου 2008 - 18:11

Alternative projects pose no threat to the European Union's flagship Nabucco gas pipeline, European Commission President Jose Manuel Barroso said in Budapest Monday.

Russia's Medvedev: No Changes In Russian Economic Policy

Δευ, 15 Σεπτεμβρίου 2008 - 18:10

Russian President Dmitry Medvedev Monday said there is no need to change the country's economic policy and called for more domestic capital to be invested in Russian financial markets.

Iran Oil Min: Higher Dollar Behind Fall In Crude Price

Δευ, 15 Σεπτεμβρίου 2008 - 18:08

Iran's Oil Minister Gholam Hossein Nozari said Sunday crude oil prices are dropping due to the strengthening of the U.S. dollar, the oil ministry's official Shana Web site reported.

Iran Has Not Suspended Uranium Enrichment

Δευ, 15 Σεπτεμβρίου 2008 - 18:07

Iran is continuing to defy U.N. demands it suspend uranium enrichment, the U.N. atomic watchdog said Monday

Enel: Gazprom Has Indicated Power Plant It Wants A Stake

Δευ, 15 Σεπτεμβρίου 2008 - 18:06

Chief Executive Fulvio Conti of Enel SpA (ENEL.MI) said Saturday OAO Gazprom (GAZP.RS) has "indicated" the power plant in Italy it wants a minority stake in, as part of the Russian energy company's plans to enter the Mediterranean country.

British Energy Bd To Meet On "Potential" New EdF Offer-Source

Δευ, 15 Σεπτεμβρίου 2008 - 18:05

U.K.-based nuclear operator British Energy PLC's (BGY.LN) board is going to meet soon to study a "potential" sweetened takeover offer from French state-controlled electricity giant Electricite de France (1024251.FR), a source familiar with the matter told Dow Jones Newswires Monday.

Albania seeks to become major wind energy producer

Δευ, 15 Σεπτεμβρίου 2008 - 15:58

In the first initiative of its kind, an Albanian wind park will produce energy for export to Italy. Several similar projects are in the works. Albania is building its first wind park and plans to export energy to Italy under a new initiative. Two companies -- Italy's Moncada Costruzioni and Enpower Albania -- are behind the project, which could provide a capacity of 500MW.

Power Deals

Παρ, 12 Σεπτεμβρίου 2008 - 15:08

Petrol dd, Slovenia’s largest energy company, may look to buy further fuel retail assets following OAO Gazprom’s planned entry into the Balkan oil market, according to Chief Executive Officer Marko Kryzanowski. “Gazprom is a giant that affects every market it enters,” Kryzanowski said in an interview in the Slovenian capital of Ljubljana.

FTSEurofirst 300 Index Reshuffle Drops PPC

Παρ, 12 Σεπτεμβρίου 2008 - 15:04

Food retailer Colruyt, insurer AMB Generali, Spain’s Criteria CaixaCorp and miner ENRC are to be added to the FTSEurofirst 300 index after the latest quarterly review. Index compiler FTSE Group said in a statement yesterday that Neste Oil of Finland, Spanish real estate firm Sacyr Vallehermoso, Austria’s Immoeast and Public Power Corporation of Greece will all be removed from the FTSEurofirst 300 index.

IAEA Concerned Over Iran's Missing Uranium

Παρ, 12 Σεπτεμβρίου 2008 - 12:31

International Atomic Energy Agency officials responsible for monitoring Iran's nuclear program have discovered that enough enriched uranium, which if processed to weapons grade level could be used to make up to six atom bombs, has disappeared from the main production facility at Isfahan, U.K. newspaper The Telegraph reports Friday.

Kazakhstan Nearly Doubles Oil Export Duty To $203.8/Ton

Παρ, 12 Σεπτεμβρίου 2008 - 12:31

The Kazakh government will nearly double the export duty on crude oil to $203.8 per metric ton from $109.91 in October, a government decree published Thursday said.

Putin: Russia Has No Imperial Ambitions

Παρ, 12 Σεπτεμβρίου 2008 - 12:29

Russia has no imperial ambitions, Prime Minister Vladimir Putin was quoted as saying Thursday, amid worries in countries such as Ukraine after last month's conflict in Georgia.