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Gas Natural Not Looking At Any Acquisitions

Gas Natural Not Looking At Any Acquisitions

Spanish gas distributor Gas Natural SDG SA (GAS.MC) isn't looking to make any acquisitions at the moment, Chairman Salvador Gabarro said Wednesday.

Kosovo and Albania Explore Projects

Kosovo and Albania Explore Projects

Kosovo and Albania have begun exploring how best to bring their economies closer, focusing on energy projects, infrastructure and trade, officials said yesterday.

US Requests China To Join IEA To Curb Energy Prices

US Requests China To Join IEA To Curb Energy Prices

The U.S. has asked that China join the International Energy Agency, which was set up after the oil shocks of the 1970s to help developed countries manage emergency oil supplies.

Iran Fuels Mideast Nuclear Interest; Risk Of Arms Race

Iran Fuels Mideast Nuclear Interest; Risk Of Arms Race

Iran's disputed nuclear program has sent a wave of interest in atomic energy across the Middle East, a think tank said Tuesday, warning that it risked setting the scene for a regional nuclear arms race.

Suez In Talks Over UK Nuclear Energy Sector SZEZY

Suez In Talks Over UK Nuclear Energy Sector >SZEZY

Suez SA said Tuesday that it continues to participate in discussions with interested parties regarding the future development of the nuclear energy sector in the U.K., including discussions relating to British Energy

Eni Offers Rome Gas Grid In Exchange For Distrigas Purchase

Eni Offers Rome Gas Grid In Exchange For Distrigas Purchase

Eni SpA (E) has offered the Italian capital's gas grid in its bid to buy the majority stake in Distrigas SA (DIST.BT) that Suez SA (SZE.FR) is selling, Eni Chief Executive Paolo Scaroni said Tuesday.

E.ON Looks At Kent Sites For UK Nuclear Power Stations

E.ON Looks At Kent Sites For UK Nuclear Power Stations

E.ON AG (EONGY), the German utility, is considering nominating its own brownfield sites at the Isle of Grain and Kingsnorth power plants in Kent, the U.K. as possible locations for new nuclear power stations before a deadline for applications this autumn set by the government, The Times of London reports Tuesday.

Kazakh Ban On Oil Pdt Exports To Last Until September

Kazakh Ban On Oil Pdt Exports To Last Until September

Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said Tuesday the government's ban on the export of oil products will last until Sept. 1, Interfax news agency reports.

Energy Ιnvestments Νeed Αcceleration

Energy Ιnvestments Νeed Αcceleration

Greece’s power consumption in 2006 represented 0.37 percent of the world’s total, but is expected to drop to 0.25 percent by 2030, according to a study by Alpha Bank.

Fuel Strike Raises Issues of Cartels, Competitiveness

Fuel Strike Raises Issues of Cartels, Competitiveness

The government’s handling of the recent fuel distributors’ strike provoked an angry response from the leadership of the Hellenic Federation of Enterprises (SEV) and the General Confederation of Greek Labor (GSEE), during yesterday’s meeting of the National Competitiveness Council.

EU Clears Solvay JV With Gazproms Sibur To Build Vinyl Plant

EU Clears Solvay JV With Gazprom's Sibur To Build Vinyl Plant

The European Commission Monday cleared Belgian chemical company Solvay SA (SOLB.BT) to create a joint venture with Russian energy giant Gazprom's (GAZP.RS) Sibur petrochemicals unit, to build a vinyl plant in Russia.

E.ON Faces Warning Strike Wednesday Over Pay

E.ON Faces Warning Strike Wednesday Over Pay

German energy utility E.ON AG (EOA.XE) faces a strike Wednesday by unions seeking an 8.5% wage boost, according to Die Welt's Web site on Sunday.

Coal Bull Run Seen Driven By Fierce Asian Demand

Coal Bull Run Seen Driven By Fierce Asian Demand

Fierce demand growth for coal in emerging Asian economies will continue driving the fuel's price to new long-term record highs, says Gerard McCloskey, head of coal information provider McCloskey Group Ltd.

OMV Set To Take Legal Action Over MOL Bid Defense

OMV Set To Take Legal Action Over MOL Bid Defense

Austrian oil and gas company OMV AG (OMV.VI) is expected to take legal action against its Hungarian rival MOL Nyrt. (MOL.BU) on Monday to dispute the validity of votes cast by shareholders who voted in favor of MOL's current management at an annual meeting last month, the Financial Times newspaper reported.

Iran Appoints New OPEC Governor

Iran Appoints New OPEC Governor

Iran, the number two exporter in the Organization of Petroleum Exporting Countries, said it has appointed a new OPEC governor.