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Egypt Plans $7B Foreign Invest In Oil, Gas Exploration

Egypt Plans $7B Foreign Invest In Oil, Gas Exploration

Δευ, 4 Αυγούστου 2008 - 12:15

Egypt plans to implement a program for oil and gas exploration and development in fiscal year 2008-2009 with total foreign investments of $7 billion, Cairo-based Al Ahram daily reported Monday citing Abdul Aleem Taha, executive president of the Egyptian General Petroleum Authority.

Iberdrola Plans To Block ACS Foray In Company

Iberdrola Plans To Block ACS Foray In Company

Δευ, 4 Αυγούστου 2008 - 12:13

Iberdrola SA (IBE.MC) is planning to take the winding path of law to block Actividades de Construccion y Servicios SA's (ACS.MC) foray into the Spanish utility and prevent the construction company from raising its stake further in Iberdrola and accessing its board, reports Expansion in its Monday Internet edition.

Mytilineos, Glencore in $2 bln deal

Mytilineos, Glencore in $2 bln deal

Παρ, 1 Αυγούστου 2008 - 15:18

Shares in Greek metallurgy group Mytilineos jumped more than 2 percent yesterday after news it’s subsidiary had signed a 2 billion dollar deal to supply Switzerland’s Glencore with alumina for the next 10 years.

Areva To Supply Nuclear Fuel Assemblies For Taiwan Power

Areva To Supply Nuclear Fuel Assemblies For Taiwan Power

Παρ, 1 Αυγούστου 2008 - 12:16

French nuclear operator Areva (CEI.FR) Friday said it signed a contract with Taiwan Power Company (Taipower) to supply boiling water reactor fuel assemblies for units 1 and 2 of the Chinshan and Kuosheng nuclear power plants.

OPEC July Output Hits 2008 High On Saudi, Iraq

OPEC July Output Hits 2008 High On Saudi, Iraq

Παρ, 1 Αυγούστου 2008 - 12:14

OPEC production reached its highest level so far this year in July on increased barrels from Saudi Arabia and Iraq and a recovery in Nigerian output, a Dow Jones Newswires survey released Friday said.

EdF Asking Government For Power Tariff Rise

EdF Asking Government For Power Tariff Rise

Παρ, 1 Αυγούστου 2008 - 12:12

French state-controlled power giant Electricite de France SA (1024251.FR) has asked the government to raise regulated power tariffs, Chief Executive Pierre Gadonneix said Friday.

Enel CEO: Sees 2008, 2009 Ebitda Above Expectations

Enel CEO: Sees 2008, 2009 Ebitda Above Expectations

Παρ, 1 Αυγούστου 2008 - 12:10

Enel SpA (ENEL.MI), Italy's biggest utility by revenue, expects 2008 and 2009 earnings before interest, taxes, depreciation and amortization, or Ebitda, to top expectations, Chief Executive Fulvio Conti said Friday, adding that the company's outlook is better than announced in March.

Greek Min Urges Faster Pace On Russian-Run Pipe Projs

Greek Min Urges Faster Pace On Russian-Run Pipe Projs

Παρ, 1 Αυγούστου 2008 - 12:09

Greek Development Minister Christos Folias called Thursday for the Russian-controlled South Stream and Burgas-Alexandroupolis pipeline projects to be speeded up, Prime Tass reported.

Israel Expresses Concern At German-Iranian Gas Project

Israel Expresses Concern At German-Iranian Gas Project

Παρ, 1 Αυγούστου 2008 - 12:03

Israel expressed concern on Thursday about a German company's contract to build three liquified natural gas plants in Iran amid sanctions aimed at halting Tehran's nuclear enrichment program.

Full Kashagan Accord With Kazakh Govt Reached June-Eni

Full Kashagan Accord With Kazakh Govt Reached June-Eni

Παρ, 1 Αυγούστου 2008 - 12:01

The consortium Eni SpA (E) leads in developing the giant Kashagan oil field reached "full settlement" over the project with the Kazakh government and will be finalized in a definite accord by October, Eni Chief Executive Paolo Scaroni said Thursday.

South Stream Gas Pipeline to cost $20 bln

South Stream Gas Pipeline to cost $20 bln

Πεμ, 31 Ιουλίου 2008 - 13:52

Russia’s Energy Ministry has put the preliminary cost of the planned South Stream gas pipeline, a major new route to Southern Europe, at US$20 billion, a ministry spokeswoman said yesterday. The route, which will be jointly built by Russian gas export monopoly Gazprom and Italy’s ENI, is expected to take 30 billion cubic meters (bcm) of gas per year and rival the US and EU-backed Nabucco pipeline to Southern Europe.

Deripaska Nears Buy Of Russneft

Deripaska Nears Buy Of Russneft

Πεμ, 31 Ιουλίου 2008 - 11:46

Russia's tax authorities have dropped the idea of nationalizing the privately held oil producer Russneft, clearing the way for billionaire Oleg Deripaska's investment vehicle Basic Element Holding to buy the oil company, the Vedomosti daily said Thursday citing a tax official.

EdF Energies Nouvelles 1H Rev Soars To EUR309.6M

EdF Energies Nouvelles 1H Rev Soars To EUR309.6M

Πεμ, 31 Ιουλίου 2008 - 11:44

French renewable power company EdF Energies Nouvelles SA (EEN.FR) Thursday said first-half revenues more than doubled, driven by a surge at its development division.

Alstom: EUR200M Contract With China Guang Dong Nuclear Pwr Co

Alstom: EUR200M Contract With China Guang Dong Nuclear Pwr Co

Πεμ, 31 Ιουλίου 2008 - 11:43

French energy engineering company Alstom SA (1022047.FR) Thursday said it had signed a contract worth over EUR200 million with China Guang Dong Nuclear Power Company for the engineering and procurement of the complete turbine island for the nuclear power plant to be built in Taishan, in the southwestern province of Guangdong.