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Lignite Miner Czech Coal Says Readying A Cut In Production

Lignite Miner Czech Coal Says Readying A Cut In Production

Czech Coal AS, the privately-held lignite miner, said late Thursday it may cut production as early as this year, and halt production permanently in 2020 at its key CSA mine, due to Czech mining limits regulations.

Czech And Slovakia To Unite Electricity Markets As Of 2009

Czech And Slovakia To Unite Electricity Markets As Of 2009

The Czech Republic and Slovakia will combine their electricity markets into one single market as of 2009 to reduce cross-border hurdles and fees while improving power distribution at times of peak usage, the Czech ministry of industry said Friday.

German Environmental Ministry: No Decision Yet On EnBW Plant

German Environmental Ministry: No Decision Yet On EnBW Plant

German Environment Minister Sigmar Gabriel has not yet made a final decision about a request from utility EnBW Energie Baden-Wuerttemberg AG's (EBK.XE) to transfer power generating capacity from the Neckarwestheim 2 nuclear reactor to Neckarwestheim 1, a ministry spokesman said Friday.

RWE, Iberdrola,Centrica Talks On British Energy Stall -Source

RWE, Iberdrola,Centrica Talks On British Energy Stall -Source

Talks between RWE AG (RWE.XE), Centrica PLC (CNA.LN) and Iberdrola SA (IBE.MC) over mounting joint bids for British Energy PLC (BGY.LN) aren't moving forward, a person familiar with the matter told Dow Jones Newswires Friday.

Frances EdF Plans Two-Part 6-Yr, 12-Yr Euro Benchmark Bond

France's EdF Plans Two-Part 6-Yr, 12-Yr Euro Benchmark Bond

Electricite de France (1024251.FR) has hired BNP Paribas, HSBC, Royal Bank of Scotland and Societe Generale as joint-lead managers of its two-part euro-denominated bond issue, one of the lead managers said Friday.

Enel CEO: Looking To Name More Executives At Endesa

Enel CEO: Looking To Name More Executives At Endesa

Italian utility Enel SpA's (ENEL.MI) Chief Executive Fulvio Conti said late Thursday that he would like to name one or two more senior executives at Spanish utility Endesa SA (ELE.MC).

Gazprom To Explore 4 Blocks Off Vietnam With State Energy Co

Gazprom To Explore 4 Blocks Off Vietnam With State Energy Co

Russia's OAO Gazprom (GAZP.RS), the world's biggest producer of natural gas, said Friday it has signed a deal with Vietnam's state energy company Petrovietnam to explore and develop four new offshore blocks on the Vietnamese shelf.

EUs CO2 Emissions Up 0.68% In 2007 From 2006

EU's CO2 Emissions Up 0.68% In 2007 From 2006

Industries under the European Union's Emissions Trading Scheme, or ETS, emitted 0.68% more carbon dioxide last year than in 2006, the European Commission said Friday.

Russias UES Sells 21.3% In Bashkirenergo For RUB11 Bln

Russia's UES Sells 21.3% In Bashkirenergo For RUB11 Bln

Former monopoly RAO Unified Energy System of Russia (EESR.RS), or UES, Friday said it has sold its 21.3% stake in Tatarstan-based utility OAO Bashkirenergo (BEGY.RS) for 11 billion rubles ($446.1 million).

German Govt Plans No Measures To Dampen Rise In Energy Costs

German Govt Plans No Measures To Dampen Rise In Energy Costs

The German government currently plans no measures to help dampen the surge in energy prices, government spokesman Ulrich Wilhelm said Friday, adding the strong euro has helped slow the rise in fuel prices.

The US-Russian Gas Argument

The US-Russian Gas Argument

The rivalry between the US and Russia over European energy supplies continued in Thessaloniki yesterday, centering on the issue of diversification in energy sources and supply and its impact on sufficiency.

Greek Scientists Asked to Share in Nobel Prize

Greek Scientists Asked to Share in Nobel Prize

Christos Zerefos, president of the National Observatory in Athens, and his colleague, Professor Alcibiades Bais of Thessaloniki University, are the first two Greeks to be awarded the Nobel Peace Prize, even if they share it with dozens of other scientists.

Italy Govt To Reintroduce Nuclear Power By 2013

Italy Govt To Reintroduce Nuclear Power By 2013

Italy's center-right government of Prime Minister Silvio Berlusconi will reintroduce nuclear power in the country to reduce energy costs for companies and households, Industry Ministry Claudio Scajola said Thursday.

CEZ Owners Approve New Stock Buyback, CZK40/Share Dividend

CEZ Owners Approve New Stock Buyback, CZK40/Share Dividend

Shareholders of Czech power company CEZ AS (BAACEZ.PR) approved canceling the shares the company bought in a stock buyback program and also approved the utility launching another share buyback program, CEZ spokeswoman Eva Novakova said Thursday.