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Spanish Fishermen Join European Protests Over Fuel Prices

Παρ, 30 Μαΐου 2008 - 03:23

Spanish fishermen will give out 20 metric tons of fish for free at a demonstration kicking off an indefinite strike as part of European protests over soaring fuel prices.

World Bank Chief Calls For Reduced Biofuel Subsidies

Παρ, 30 Μαΐου 2008 - 03:22

World Bank President Robert Zoellick called on the U.S. and the European Union to ease subsidies on some biofuels as one of a series of urgent steps to tackle a global food crisis.

Turcas To Invest $3 Bln In Petkim Over 5 Yrs

Παρ, 30 Μαΐου 2008 - 03:21

Turkish fuel distributor and energy firm Turcas Petrol AS (TRCAS.IS) Chairman Erdal Aksoy said Friday the company will invest $3 billion over the next five years in Turkish petrochemical firm Petkim Petrokimya Holding AS (PETKM.IS), in which it has bought a majority stake, Ihlas news agency, or IHA, reported.

Distrigas Shares Resume Trading Up 6.8% After Sale To Eni

Παρ, 30 Μαΐου 2008 - 03:19

Shares of Belgian gas supplier Distrigas SA (DIST.BT) rose 6.8% Friday when they resumed trade after a four-day suspension while Franco-Belgian utility Suez SA (SZE.FR) sold its 57.3% stake to Italy's energy giant Eni SpA (E).

Hungary Fin Min Sees Solution To EU Probe Into 'Lex MOL'

Παρ, 30 Μαΐου 2008 - 03:18

Hungarian Finance Minister Janos Veres said Friday that Hungary and the European Union will reach a "satisfying solution" to the E.U.'s probe into a Hungarian company takeover law that the E.U. said breached union regulations.

Bulgarian Truckers Rally, Seeking Fuel Tax Rebate

Πεμ, 29 Μαΐου 2008 - 07:30

Hundreds of Bulgarian truck drivers protested across the country yesterday to press for fuel tax rebates and government help over rising prices.

More Gas, Coal, Renewables and Energy Savings Blueprint Sees Problems in 2010-2015

Πεμ, 29 Μαΐου 2008 - 07:19

Greece’s electricity production blueprint up to 2020 places increased emphasis on renewable sources (RES) and energy savings but also foresees a greater use of coal.

Gazprom, SUEK Halt Merger Talks

Πεμ, 29 Μαΐου 2008 - 04:38

Russian gas giant OAO Gazprom (GAZP.RS) has halted merger talks with the country's biggest coal producer, Siberian Coal Energy Co., or SUEK, the daily Vedomosti newspaper reported Thursday, citing two unnamed sources in Gazprom.

British Energy Restarts Sizewell B Nuclear Power Station Wed

Πεμ, 29 Μαΐου 2008 - 04:36

British Energy PLC (BGY.LN) restarted both units at its Sizewell B nuclear power station on Wednesday evening, according to data provided by the U.K. power grid operator National Grid PLC (NGG).

Gazprom: Ukraine's Naftogaz Has No Outstanding Debt

Πεμ, 29 Μαΐου 2008 - 04:35

Russian state gas company OAO Gazprom (GAZP.RS) said Thursday that its Ukrainian counterpart HAK Naftogaz Ukrainy has repaid its debt in full and that the companies are currently working to reach a long-term agreement on gas supply.

UAE OPEC Governor: UAE Ready To Supply More Crude On Demand

Πεμ, 29 Μαΐου 2008 - 04:34

The United Arab Emirates, the fourth-largest oil producer in the Organization of Petroleum Exporting Countries, will be ready to pump more crude if demand increases, an official said Thursday.

Iran Talking With Repsol, Shell On Swapping Gas Projects

Πεμ, 29 Μαΐου 2008 - 04:32

Iran is negotiating with Repsol YPF SA (REP) and Royal Dutch Shell PLC (RDSA) to switch their gas exploration blocs with others due for later development, the oil minister was quoted Thursday as saying.

Total: 150 UK Lindsey Refinery Contractors Walked Out Tue

Πεμ, 29 Μαΐου 2008 - 04:31

Oil major Total SA (TOT) said Thursday that 150 contractors at its Lindsey oil refinery in the U.K. walked out Tuesday over an employment issue.

RWE To Shut Down Emsland Nuclear Plant For Maintenance May 31

Πεμ, 29 Μαΐου 2008 - 04:28

German utility RWE AG (RWE.XE) will shut down its nuclear power plant Emsland for planned maintenance works May 31, a spokesman for the company's power generation unit RWE Power said Thursday.

Nabucco-Consortium Ups Pipeline Costs 58% To EUR7.9B

Πεμ, 29 Μαΐου 2008 - 04:27

The price estimate of the planned Nabucco pipeline has been increased by 58% to EUR7.9 billion, due mainly to higher steel prices, Nabucco Gaspipeline International GmbH, the consortium representing the six partners behind the pipeline, said Thursday.

GdF, Hoegh LNG Partners For Offshore LNG Project In Italy

Πεμ, 29 Μαΐου 2008 - 04:25

Gaz de France (1020848.FR) said Thursday it has signed with Hoegh LNG AS a Joint Development Agreement related to the design, the construction supervision and the operation of a Floating Storage and Regasification Unit (FSRU-vessel).