English Edition

Italy-Greece Set Up JV For 8Bln Cubic Mtr Pipeline

Πεμ, 12 Ιουνίου 2008 - 03:10

Italy and Greece have set up a joint venture for the construction of a gas pipeline between the two countries, with a transport capacity of 8 billion cubic meters a year, Greece's monopoly natural gas provider DEPA said Wednesday.

Eni CEO Says Kashagan Talks With Kazakh Govt Continue

Πεμ, 12 Ιουνίου 2008 - 03:07

Chief Executive Paolo Scaroni of Eni SpA (E), which leads the consortium developing Kashagan, said Tuesday that talks with the Kazakh government are continuing over the oil field, despite an accord reached five months ago to end a spat between the parties.

Areva, Kazakhstan Sign Strategic Agreement

Πεμ, 12 Ιουνίου 2008 - 03:04

French state-controlled nuclear power operator Areva signed a strategic agreement with the state of Kazakhstan.

Eni CEO Says Kashagan Talks With Kazakh Govt Continue

Τετ, 11 Ιουνίου 2008 - 03:40

Chief Executive Paolo Scaroni of Eni SpA (E), which leads the consortium developing Kashagan, said Tuesday that talks with the Kazakh government are continuing over the oil field, despite an accord reached five months ago to end a spat between the parties.

Caspian Gas Rush Hasn't Cut Prices -Gazprom CEO

Τετ, 11 Ιουνίου 2008 - 03:38

The rush by the likes of China, the European Union and the U.S. toward the Caspian region as an alternative supplier of gas to Russia is neither increasing security of supply for these countries nor lowering prices, the chief executive of Russian gas monopoly OAO Gazprom (GAZP.RS) said Tuesday.

Enel CEO Sees 2008 Results Topping 2007

Τετ, 11 Ιουνίου 2008 - 03:36

Enel SpA (ENEL.MI) expects to report 2008 results higher than the previous year, while second-quarter results are predicted to be better than expected, the Italian utility's chief executive Fulvio Conti said Wednesday.

Germany's Ver.di Union Strikes Wage Deal With E.ON

Τετ, 11 Ιουνίου 2008 - 03:35

German labor union ver.di said Wednesday it has struck an agreement over pay with energy company E.ON AG (EOA.XE).

TNK-BP Talks Between BP, Russian Hldrs Break Dn-Sources

Τετ, 11 Ιουνίου 2008 - 03:33

Talks between BP PLC (BP.LN) and its Russian partners in joint venture OAO TNK-BP (TNBP.RS) have broken down, people close to the discussions said Wednesday.

UK Energy Min, Saudi Oil Min To Meet Saturday In Riyadh

Τετ, 11 Ιουνίου 2008 - 03:31

U.K. Energy Minister Malcolm Wicks is to meet Saudi Oil Minister Ali Naimi Saturday in the Saudi capital Riyadh to discuss concerns over soaring oil prices, the Times of London reports Wednesday.

Enel, Acciona At Odds Over Endesa Renewables Assets

Τετ, 11 Ιουνίου 2008 - 03:28

Italian power utility Enel SpA (ENEL.MI) is at odds with Spanish infrastructure and energy company Acciona SA (ANA.MC) over what stake each will get in a new renewables company to be formed from assets of Spanish utility Endesa SA (ELE.MC), the Cinco Dias business daily said Wednesday.

GdF, Suez Release Official Merger Documents

Τετ, 11 Ιουνίου 2008 - 03:18

French state-controlled natural gas operator Gaz de France (1020848.FR) and French utility Suez (SZE.FR) Wednesday released official documents related to their merger, stating the merger would retroactively take effect from Jan.1.

Renewable Power Output Overtakes Nuclear In Spain In 2007

Τετ, 11 Ιουνίου 2008 - 03:17

Renewable energy accounted for 19.8% of Spain's electricity production last year, ahead of 17.8% coming from nuclear energy, the Industry Ministry said late Tuesday.

Caspian Energy: No Reservoir Rocks Found At Baktygaran

Τετ, 11 Ιουνίου 2008 - 03:15

Caspian Energy said Wednesday Aral Petroleum Capital, in which the company holds a 50% indirect interest, has not yet found reservoir quality rocks at Baktygaryn #703.