English Edition

Iraqi PM Backs Balanced Oil Price

Παρ, 13 Ιουνίου 2008 - 05:02

Iraqi Prime Minister Nouri al-Maliki Friday called for a "balanced" oil price that was fair to both producers and consumers, calling for OPEC and international organizations to look into the reason behind current scorching prices.

Slovakia Cuts Price-Fixing Fine For MOL Subsidiary

Παρ, 13 Ιουνίου 2008 - 05:01

Slovakia's supreme court has reduced a price-fixing fine for refiner Slovnaft AS (SLN.BS) by nearly 500 million Slovak koruna to SKK838 million ($25.5 million), Hungarian business daily Napi Gazdasag said Friday.

Enel's French Unit Buys 120 MW Of Wind Power In France

Παρ, 13 Ιουνίου 2008 - 04:59

Enel SpA (ENEL.MI) Friday said it bought new farms in France to produce 120 megawatts of wind power, part of its strategy of increasing investments in renewable energy.

Suez Unit Makes GBP39.2M Offer For Econergy Intl

Παρ, 13 Ιουνίου 2008 - 04:58

Suez Energy South America, a unit of Suez SA, said Friday it has made an all cash offer for the share capital of Econergy International at 45 pence per Econergy share.

Gamesa Signs EUR6.3B Wind Turbine Contract With Iberdrola

Παρ, 13 Ιουνίου 2008 - 04:56

Spanish wind-turbine maker Gamesa SA (GAM.MC) Friday said it reached a deal to provide wind turbines worth EUR6.3 billion to Iberdrola Renovables SA (IBR.MC), the renewables unit of Spanish power utility Iberdrola SA (IBE.MC.)

Summit of the Heads of State of South East Europe Athens, June 13, 2008

Παρ, 13 Ιουνίου 2008 - 00:45

Summit of the Heads of State of South East

Gas Pipeline Deal Signed With Edison

Πεμ, 12 Ιουνίου 2008 - 05:44

Gas company DEPA has signed an agreement with Italy’s Edison for the construction of a 500-million-euro underwater pipeline linking the two countries in one of Greece’s largest energy projects.

Petrol, Food Prices Seen Staying High for 2 yrs

Πεμ, 12 Ιουνίου 2008 - 05:41

Petrol prices are likely to remain high for the next two years, experts said yesterday, though they stressed that the worst of the international market turmoil is likely to be fading into the past.

Turkey Cancels Tender for Energy Adviser

Πεμ, 12 Ιουνίου 2008 - 05:39

Turkey’s sell-off agency has canceled a tender to select an adviser for the privatization of a group of power stations belonging to the Electricity Production Corporation, also known as EUAS, banking sources said yesterday. The tender has been canceled as a result of the lack of a satisfactory number of bids.

Iran NIOC In Talks With Gazprom Neft On Oil Field Devt

Πεμ, 12 Ιουνίου 2008 - 03:35

A senior team of National Iranian Oil Company officials began talks with a delegation from Russia's Gazprom Neft (SIBN.RS), the Iranian state news agency IRNA reported Tuesday.

Iberdrola Withdraws From British Energy Bidding Process

Πεμ, 12 Ιουνίου 2008 - 03:32

Iberdrola SA (IBE.MC) is withdrawing from the bidding process for British Energy Group PLC (BGY.LN), a spokesman for the Spanish electricity company said Thursday, confirming an earlier report from Spanish news agency EFE.

RWE, Kompania Weglowa JV To Build Coal Power Plant In Poland

Πεμ, 12 Ιουνίου 2008 - 03:25

RWE, one of the leading energy companies in Europe, is planning to construct a large hard-coal power plant in Poland.

IEA: Saudi Mtg A Chance To Act Collectively To Reassure Mkt

Πεμ, 12 Ιουνίου 2008 - 03:19

The head of the International Energy Agency sees the June 22 talks in Jeddah, Saudi Arabia among oil producers and consumers as a chance to "act collectively to reassure the market about future demand and supply balances in order to change the perception of extended tightness."