English Edition

OPEC's President Says No Meeting Before September

Τρι, 27 Μαΐου 2008 - 03:36

The Organization of Petroleum Exporting Countries won't meet before its next scheduled gathering in September despite surging oil prices, the group's president Chakib Khelil was quoted as saying by the Libyan National Oil Corp.'s Web site Tuesday.

Kazakhstan Pres To Visit Tokyo For Nuclear Talks

Τρι, 27 Μαΐου 2008 - 03:35

Kazakhstan President Nursultan Nazarbayev plans to visit Tokyo as early as late June, with negotiations for an agreement on nuclear cooperation with Japan possibly on the agenda, officials from Japan's Ministry of Foreign Affairs said Tuesday.

Centrica Aims To Snatch Control Of Belgian Energy Firm

Τρι, 27 Μαΐου 2008 - 03:33

Centrica PLC (CNA.LN) plans to disrupt a deal between French state-owned companies Gaz de France (020848.FR) and Electricite de France SA (1024251.FR) in order to win control of Belgium's second-largest gas and electricity supplier SPE, The Guardian reports Tuesday.

ENI CEO: Oil Market Well Supplied, No Shortage Seen

Τρι, 27 Μαΐου 2008 - 03:31

The global oil market is well supplied and no shortage of crude is forecast in the short term, Italian energy company Eni SpA's (E) Chief Executive Paolo Scaroni said in an interview with French business daily Les Echos Tuesday.

102 German Utilities To Raise Gas Prices Up To 17%

Τρι, 27 Μαΐου 2008 - 03:29

One-hundred-and-two German utilities will raise natural gas prices by up to 17% as of June 1 and July 1, German newspaper Bild reports Tuesday.

Gazprom, Rosneft Sign Pact On Arctic Shelf Deposits

Τρι, 27 Μαΐου 2008 - 03:28

Russian gas monopoly OAO Gazprom (GAZP.RS) and oil major OAO Rosneft (ROSN.RS) have signed an agreement on sharing Arctic and Far eastern offshore hydrocarbon fields, Interfax news agency reported Tuesday.

Russia Minister: Rise Of Domestic Gas Prices Delayed

Τρι, 27 Μαΐου 2008 - 03:27

Russia intends to delay until 2014-15 plans to raise domestic gas prices to export levels -- three years later than the original deadline of 2011, the Interfax news agency said Tuesday, citing the country's Deputy Economy Minister Andrei Klepach.

France's Sarkozy To Ask EU To Curb Taxes On Fuel

Τρι, 27 Μαΐου 2008 - 03:26

President Nicolas Sarkozy said Tuesday that he'll ask France's European Union partners to curb value-added tax on fuel to counterbalance further hikes in oil prices.

TNK-BP's CEO May Leave Due To Ownership Clash

Τρι, 27 Μαΐου 2008 - 03:24

Robert Dudley, chief executive of BP PLC's (BP) Russian joint venture TNK-BP (TNBP.RS), may soon be replaced by Viktor Vekselberg, one of three Russian shareholders, the Kommersant daily says Tuesday, citing a source close to TNK-BP.

Polish Tsy Min Mulls Raising Capital Of Gas Company PGNiG

Τρι, 27 Μαΐου 2008 - 03:23

The Polish Treasury Ministry is considering boosting the share capital of natural gas monopoly Polskie Gornictwo Naftowe i Gazownictwo, PGNiG, (PGN.WA) to enable it to transfer up to 15% of company shares to its employees, while keeping no less than a 75% stake.

BP, Exxon Submit Iraq Deal Plans; Signing Seen Next

Τρι, 27 Μαΐου 2008 - 03:22

After several months of negotiations and pressure from the Iraqi government, BP PLC (BP) and Exxon Mobil Corp. (XOM) have finally submitted proposals to the Iraqi oil ministry on technical services contracts to boost production at Iraq's prized oil fields, sources close to the Iraqi ministry said Tuesday.

E.ON Ruhrgas To Up Wholesale Gas Prices By 2-Digit-Percentage

Τρι, 27 Μαΐου 2008 - 03:20

E.ON Ruhrgas AG, Germany's largest importer of natural gas, Tuesday reiterated that it will further raise its wholesale gas prices in light of rising crude oil prices.

Ecotec Exhibition and International Study Event

Δευ, 26 Μαΐου 2008 - 22:39

The First International Ecotec Environment Technologies Exhibition opens today at the Expo Athens exhibition center at Anthousa, along with the First International Ecoforum. More than 150 Greek and foreign firms will be displaying products, applications and new ideas, including renewable energy sources, waste management, recycling and energy-saving techniques.