English Edition

Terna Energy Expansion

Πεμ, 3 Ιουλίου 2008 - 05:44

The investment program of listed company Terna Energy is now in full swing, its annual general meeting heard yesterday, while it also approved the distribution of dividends to the tune of 0.055 euros per share.

Eni, Petrobras Deepen Energy, Biofuel Links

Πεμ, 3 Ιουλίου 2008 - 05:32

Italian oil and natural gas company Eni SpA (E) Wednesday said it agreed to expand energy ties with Brazil's Petroleos Brasileiro SA (PBR), reinforcing a relationship at a time when U.S. and European oil companies are struggling to get access to oil reserves globally.

Turkey Aims To Meet Half Of Its Oil Needs By 2015

Πεμ, 3 Ιουλίου 2008 - 05:28

Prime Minister Recep Tayyip Erdogan said Wednesday that Turkey may be able to meet half of its oil needs by 2015 by developing exploration and production activities in the Black Sea and other fields, the Ihlas News Agency, or IHA, reported.

IEA Head:Russia Should Cut Oil Taxes,Save Energy

Πεμ, 3 Ιουλίου 2008 - 05:12

Russia, which faces flagging oil output, should cut its oil taxes to encourage companies to invest in new projects, the head of the energy watchdog for oil consuming nations said Wednesday.

KazMunaiGas CFO: Working With Government On Tax Issue

Πεμ, 3 Ιουλίου 2008 - 05:10

The chief financial officer of London-listed KazMunaiGas Exploration Production (RDGZ.KZ) said the company is cooperating with the Kazakhstan government on tax code revisions, which have prompted it to postpone takeover plans amid contractual uncertainty.

Iran Gas Head: $28B Of LNG Projects In Pipeline

Πεμ, 3 Ιουλίου 2008 - 05:08

Iran has $28 billion worth of liquefied natural gas projects in the pipeline, the head of the country's natural gas company said Wednesday.

Transgaz Plans To Invest EUR12M-14M To Finish Gas Pipe

Πεμ, 3 Ιουλίου 2008 - 05:07

Romanian state-owned gas pipeline operator Transgaz Medias plans to invest between EUR12 million and EUR14 million to finalize the Romanian segment of Arad-Szeged natural gas pipeline, news agency Mediafax reported Wednesday.

GDF Signs Strategic Partnership With Bulgaria's Bulgargas

Πεμ, 3 Ιουλίου 2008 - 05:03

French state-controlled natural gas operator Gaz de France (1020848.FR) said Thursday it signed a strategic partnership with Bulgaria's Bulgargas over the security of natural gas supply and the development of the gas market in south-east Europe.

Saudi Oil Min: Output To Reach 9.7M B/D In July

Πεμ, 3 Ιουλίου 2008 - 05:00

Saudi Arabia's Oil Minister Ali Naimi reiterated Thursday the kingdom's oil production will reach 9.7 million barrels a day in July.

MOL Says OMV Launched Litigation Against The Company

Πεμ, 3 Ιουλίου 2008 - 03:44

Hungarian oil and gas company MOL Magyar Olaj- es Gazipari Nyrt. (MOL.BU) said Thursday that OMV Clearing und Treasury GmbH, a subsidiary of Austrian oil and gas company OMV AG (OMV.VI) initiated a litigation against MOL in order to make void all resolutions made at MOL's annual general meeting held April 23, 2008.

Recommendations by French solar professionals to launch the national market

Τετ, 2 Ιουλίου 2008 - 23:35

On the occasion of the symposium “Towards the development of the photovoltaic sector in France” organised by EPIA, the European Photovoltaic Industry Association, together with the French actors of the sector in Aix les Bains (Savoie, France), professionals propose concrete solutions to allow France to really launch its market, in a similar way to its neighbouring countries of Germany or Spain.

Iran, Turkey Near Deal On South Pars Phases 22,23,24

Τετ, 2 Ιουλίου 2008 - 02:26

Iran and Turkey will soon finalize an agreement to develop phases 22, 23 and 24 of Iran's South Pars natural gas field, Iran's English-language satellite channel Press TV reported Wednesday, citing a senior oil executive.

Turkish PM: Nabucco Pipe Accords To Be Signed In Few Mos

Τετ, 2 Ιουλίου 2008 - 02:24

Turkish Prime Minister Recep Tayyip Erdogan said Tuesday his government will sign intergovernmental and transit country accords for the Nabucco natural gas pipeline project within a few months, the Ihlas News Agency, or IHA, reports.