English Edition

Ukraine Secures Framework Deal On Russian Gas Prices

Πεμ, 24 Ιουλίου 2008 - 11:41

Ukrainian Prime Minister Yulia Tymoshenko said Wednesday she had reached a framework agreement with Russian gas giant OAO Gazprom (GAZP.RS) on the politically sensitive issue of boosting the price of gas deliveries.

IAEA Head, Iran Nuclear Chief To Meet Thursday

Πεμ, 24 Ιουλίου 2008 - 11:39

The head of the International Atomic Energy Agency and the chief of Iran's nuclear program plan to meet Thursday in Vienna, the IAEA said Wednesday.

Venezuela, Belarus To Double Joint 20,000 B/D Ouput

Πεμ, 24 Ιουλίου 2008 - 11:38

Venezuela's President Hugo Chavez said that Petroleos de Venezuela, or PdVSA, and Belarus' Belorusneft plan to double their joint production which now stands at 20,000 barrels of crude a day.

Germany's Steiner To Build EUR100 Mln LNG Plants In Iran

Πεμ, 24 Ιουλίου 2008 - 11:36

A German company has made a 100 million euro ($156.9 million) deal to build three liquefied natural gas plants in Iran, the state news agency IRNA reported Wednesday.

Suez Environnement 1H Rev EUR6.0B, Up 4.4% On Year

Πεμ, 24 Ιουλίου 2008 - 11:35

French utility Suez Environnement (SEV.FR) Thursday said first-half 2008 revenue rose 4.4% and confirmed its profitability guidance.

Iberdrola 1H Net Pft EUR1.96B Vs Pft EUR1.1B

Πεμ, 24 Ιουλίου 2008 - 11:31

Spanish electricity company Iberdrola SA (IBE.MC) Thursday said its net profit rose 78% in the first half, boosted by power generation and healthy electricity pool prices.

Edf: Another Leak At Nuclear Plant In France

Πεμ, 24 Ιουλίου 2008 - 11:30

Seventy staff at Tricastin nuclear plant in southern France have been "slightly contaminated" by a low dose of radiation that escaped from a pipe, power firm Electricite de France SA, or EdF, (1024251.FR) said, The BBC reports on its Web site Thursday.

E.ON Signs Asset Swap Agreement With Statkraft Worth EUR4.5B

Πεμ, 24 Ιουλίου 2008 - 11:28

German utility E.ON AG said Thursday it finalized its agreement with Statkraft which sees the company take full ownership of E.ON Sverige, thereby strengthening its position in the Nordic market.

Russian Shr Hlders In TNK-BP May Seek Damages From CEO

Πεμ, 24 Ιουλίου 2008 - 11:27

Russian shareholders in TNK-BP (TNBP.RS) may seek hundreds of millions of U.K. pounds sterling in damage from the company's Chief Executive Robert Dudley, who they accuse of breaching his duties, the Daily Telegraph said Thursday citing a letter sent from the Russian shareholders to Dudley.

Turkey and Russia plan to boost ties

Τετ, 23 Ιουλίου 2008 - 16:40

Turkey wants to boost cooperation with its top gas supplier Russia, ending a frosty period marked by differences over the Nabucco pipeline to Europe, an official and analysts said. Turkey gets most of its gas – 68 percent of 2008 demand of 38 billion cubic meters (bcm) – from Russia’s Gazprom under three long-term deals.

Iraq oil

Τετ, 23 Ιουλίου 2008 - 16:36

Turkey allowed Iraq to restart around a fifth of its oil exports yesterday after halting the flow for a day pending the payment of a $100 million debt. Iraq pumps around 430,000 barrels per day (bpd) of its nearly 2 million bpd of oil exports through its northern pipeline to Turkey's Mediterranean port of Ceyhan.

UAE pipeline

Τετ, 23 Ιουλίου 2008 - 16:34

Russia’s Stroytransgaz has won a $418 million contract to build a gas pipeline across the United Arab Emirates, the UAE’s Dolphin Energy said in a statement yesterday. Stroytransgaz beat Italy’s oilfield services company Saipem and Greece’s Consolidated Contractors International Company to the contract.

BP To Withdraw Remaining Secondees From Russia's TNK-BP

Τετ, 23 Ιουλίου 2008 - 11:48

BP PLC (BP.LN) Tuesday said it would "reluctantly" withdraw the last of its technical specialists currently seconded to its Russia joint venture TNK-BP so they can work on other projects around the world.