English Edition

Iran Oil Min: Oil Market Not In Need Of Extra Crude

Τετ, 25 Ιουνίου 2008 - 02:21

Iran's Oil Minister Gholam Hossein Nozari said Tuesday oil prices moving up despite Saudi Arabia's announcement Sunday to boost output by 200,000 barrels a day indicate that the crude market is well supplied.

Croatia's INA Begins Oil Exploration In Iran

Τετ, 25 Ιουνίου 2008 - 02:18

Croatia's state oil and natural gas company, INA, has begun oil exploration activities in Iran, Iran's English-language satellite channel Press TV reported.

Romanian Govt To Hold 51% In Cernavoda Nuclear Power JV

Τετ, 25 Ιουνίου 2008 - 02:16

Romania's government said late Tuesday it is increasing its equity stake to 51% from the earlier planned 20% in a joint venture being established with six companies to build two additional reactor units at the country's sole nuclear power plant in Cernavoda.

British Energy's 550MW Dungeness B22 Reactor Offline Tue

Τετ, 25 Ιουνίου 2008 - 02:15

British Energy PLC's (BGY.LN) 550 megawatt Dungeness B22 nuclear reactor went offline Tuesday, according to data from a Web site operated by U.K. gas and electricity network operator National Grid PLC (NGG).

Enel, Acciona Tension Over Endesa Renewables Ops

Τετ, 25 Ιουνίου 2008 - 02:13

Italian utility Enel SpA (ENEL.MI) and Spanish infrastructure company Acciona SA (ANA.MC) are again in disagreement over Endesa SA (ELE.MC), this time over the company's renewable operations, El Pais reports Wednesday.

Russian Reformist Chubais Slates EU Stance On Gazprom

Τετ, 25 Ιουνίου 2008 - 02:11

The European Union is trying to limit OAO Gazprom's (GAZP.RS) access to its natural gas markets due to misguided fears, Russian reformist Anatoly Chubais tells Wednesday's Financial Times.

Enel Negotiates Stakes In Two EdF Power Plants

Τετ, 25 Ιουνίου 2008 - 02:01

Enel SpA (ENEL.MI) is negotiating taking minority stakes in two Electricite de France SA (1024251.FR) power plants in France, French daily La Tribune reports Wednesday, quoting Enel's head of international activities.

Russia Delays Higher Excise Duty On Gasoline To 2011

Τετ, 25 Ιουνίου 2008 - 01:59

Russia's government has delayed by at least two years a proposal to change the excise duty on gasoline, the Kommersant daily reported Wednesday.

E.On CEO Hopes To Close Gazprom Deal Within A Year

Τετ, 25 Ιουνίου 2008 - 01:58

Germany's energy company E.ON AG (EOA.XE) hopes a deal with Russia's state gas firm OAO Gazprom (GAZP.RS) over a swap of assets will be closed soon, the Vedomosti daily reported Wednesday citing the company's Chief Executive Bernhard Reutersberg.

BP Starts Drilling At Stage 2 Of Shah Deniz Field

Τρι, 24 Ιουνίου 2008 - 05:01

BP PLC (BP) has started drilling the fifth well at its Shah Deniz gas condensate development in the Azerbaijan sector of the Caspian Sea, the company said Monday.

Iran, India, Pakistan To Meet On Gas Pipeline Proj

Τρι, 24 Ιουνίου 2008 - 04:59

India, Pakistan and Iran will be meeting in Tehran in July for long-awaited talks on the Iran-Pakistan-India (IPI) gas pipeline project, Iran's English-language satellite channel Press TV reported Tuesday, citing a senior Indian oil official.

Iraq Accepts 6 More Firms To Bid For Oil Deals

Τρι, 24 Ιουνίου 2008 - 04:58

Iraq has accepted six state-owned oil firms to compete for future oil and gas contracts, bringing the number of companies eligible to 41, an Iraqi oil industry source said Tuesday.

E.ON Low-Cost Power, Gas Unit Has 800,000 Customers

Τρι, 24 Ιουνίου 2008 - 04:56

E.ON AG (EOA.XE) Tuesday said its low-cost power and gas sales business E Wie Einfach has gained around 50,000 customers in the past two months.