English Edition

Italy Min: Eni Ready To Take Part In Libya Road Proj

Σαβ, 17 Μαΐου 2008 - 04:02

Eni SpA (E) is ready to participate in the construction of a highway project in Libya aimed at settling a compensation dispute between the oil-rich country and Italy, daily Il Messaggero reports Friday, citing new Foreign Minister Franco Frattini.

Suez Says It Has Made No Offer For British Energy

Σαβ, 17 Μαΐου 2008 - 04:02

French utility Suez (SZE.FR) hasn't made an offer for a stake in British Energy Group PLC (BGY.LN), a company spokesman said Friday.

Total CEO: Jubail Refinery Project Cost To Exceed $10B

Σαβ, 17 Μαΐου 2008 - 04:01

French oil major Total SA (TOT) Chief Executive Christophe de Margerie said Friday said the 400,000 barrel a day refinery it intends to build jointly with Saudi Arabian Oil Co. at Jubail on Saudi Arabia's Persian Gulf coast will cost in excess of $10 billion to build.

Ceynak Submits Highest Bid For Turkey's Samsun Port

Σαβ, 17 Μαΐου 2008 - 04:01

Unlisted Turkish transportation company Ceynak Lojistik ve Ticaret AS Friday submitted the highest bid in a tender to gain operating rights for 36 years for the country's Black Sea port of Samsun, the Ihlas News Agency, or IHA, reported.

RTS Sets Bid Range For Shares In Grid Co MRSK Volga

Σαβ, 17 Μαΐου 2008 - 04:01

Bids for shares in newly consolidated Russian interregional grid company OAO MRSK Volga could be up to 50% above or below the U.S. dollar equivalent of 0.18 rubles ($0.008), the Russian Trading System, or RTS, stock exchange said Friday.

Italy's Industry Minister Calls Meeting With Oil Lobby

Σαβ, 17 Μαΐου 2008 - 04:00

Italy's new Industry Minister Claudio Scajola on Friday called an urgent meeting for 1600 GMT with representatives of Italy's Unione Petrolifera oil lobby, according to an Industry Ministry press release.

RWE Plans To Significantly Expand Its Water Business - Report

Σαβ, 17 Μαΐου 2008 - 04:00

German utility RWE AG (RWE.XE) wants to significantly expand its water operations, German newspaper Westdeutsche Allgemeine Zeitung reports in a prerelease Friday, citing Heinz-Werner Ufer, chief executive of RWE unit RWE Energy AG.

Saudi Arabia Hiked Oil Output 300,000 B/D May 10

Σαβ, 17 Μαΐου 2008 - 03:59

Saudi Arabia, under U.S. pressure to increase its oil output amid soaring energy prices, said Friday it had raised production by 300,000 barrels per day on May 10 and that increase was sufficient.

British Energy Receives Several Proposed Offers

Σαβ, 17 Μαΐου 2008 - 03:59

British Energy PLC said it received proposals from several parties wishing to make a full offer for the company, some of which were higher than the closing price of its shares Thursday.

Iran Says Increasing OPEC Oil Output Won't Alter Price Levels

Σαβ, 17 Μαΐου 2008 - 03:58

Iran said on Saturday that any oil output increase by the Organization of Petroleum Exporting Countries as requested by the U.S. wouldn't affect soaring prices.

South East Europe Energy Dialogue Attracts Strong International Interest

Παρ, 16 Μαΐου 2008 - 23:45

More than 80 speakers from 20 counties and 7 International Organizations are expected to participate in this year’s SE Europe Energy Dialogue alongside with many delegates from Greece and abroad. This year’s Dialogue meeting is convened by the Institute of Energy for South East Europe (IENE) following the success of the 1st Energy Dialogue, which was organised in Thessaloniki last year.

MOL CFO: External Environment To Stay Strong In 2008

Πεμ, 15 Μαΐου 2008 - 04:31

Hungarian oil and gas company MOL Nyrt.'s (MOL.BU) external operating environment is set to be strong in 2008 due to expected high oil prices and improving crack spreads, Chief Financial Officer Jozsef Molnar told Dow Jones Newswires Thursday.

EdF Looking Closely At E.ON Assets On Offer

Πεμ, 15 Μαΐου 2008 - 04:29

EdF SA (1024251.FR) is looking closely at assets to be divested by German peer E.ON (EONGY), French business newspaper La Tribune reports Thursday, without citing sources.