English Edition

Gazprom Neft Interested In Buying 49% Of MangistauMunaigas

Παρ, 18 Ιουλίου 2008 - 11:54

Russia's OAO Gazprom Neft (SIBN.RS), the oil arm of state-controlled gas giant OAO Gazprom (GAZP.RS), wants to buy a 49% stake in Kazakh oil producer AO MangistauMunaigas, the company said late Thursday.

KazMunaiGas EP 1H Crude Oil Production Up 19% On Year

Παρ, 18 Ιουλίου 2008 - 11:53

Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ), or KMG EP, Friday said it produced 238,000 barrels of crude oil a day in the first six months of the year, a 19% rise on the year-earlier period.

Iran Says US Involvement In Nuclear Talks Will Help

Παρ, 18 Ιουλίου 2008 - 11:51

Iran said on Thursday that it hoped weekend talks aimed at defusing the long-running standoff over its nuclear drive would produce "positive developments" and voiced satisfaction at U.S. involvement.

BP:Dudley To Remain TNK-BP CEO If Forced Out Of Russia

Παρ, 18 Ιουλίου 2008 - 11:49

Robert Dudley, chief executive of Anglo-Russian oil producer TNK-BP (TNBP.RS), will be forced to leave Russia Saturday if a decision isn't made to renew his visa, but he will remain the head of the company, a representative of BP PLC (BP) said Thursday.

Gazprom Plans Cutting Staff By 10% To Reduce Costs

Παρ, 18 Ιουλίου 2008 - 11:46

Russia's state-controlled gas firm OAO Gazprom (GAZP.RS) will start reducing its staff of almost half a million employees, the Kommersant daily reported Friday, citing unnamed industry sources.

CEZ Considers Building Nuclear Plant In Russia

Παρ, 18 Ιουλίου 2008 - 11:45

Czech power company CEZ AS (BAACEZ.PR) is considering bidding for one-third of Kaliningrad AES power company from RAO JES of Russia, a deal that would include the construction of new nuclear generation capacity in Russia, newspaper E15 reported Friday citing sources.

E.ON Looks For Growth In Italian Gas, Nuclear Sectors

Παρ, 18 Ιουλίου 2008 - 11:43

German utility E.On AG (EON) is looking to invest in the Italian energy market, particularly in the gas and nuclear sectors, E.ON Italia's chief executive Klaus Schafer told Corriere della Sera in an interview published in its Friday Internet edition.

ExxonMobil In Talks With Possible PNG LNG Buyers

Παρ, 18 Ιουλίου 2008 - 11:42

ExxonMobil Corp. (XOM) said Friday it has started marketing gas from its planned liquified natural gas project in Papua New Guinea to potential buyers.

Iran Feels Bite Of Sanctions, But Impact Is Unclear

Παρ, 18 Ιουλίου 2008 - 11:40

As Iran prepares to hold nuclear talks this weekend with Europe and the U.S., economic sanctions are crimping Tehran's oil industry -- but they haven't broken it.

EDF, E.ON, RWE, Gas Natural Invited To Buy Fenosa Stake

Παρ, 18 Ιουλίου 2008 - 11:38

At least four European energy groups - Electricite de France (1024251.FR), Germany's E.ON AG (EON), RWE AG (RWE.XE) and Spain's Gas Natural SDG SA (GAS.MC) - have been invited to buy the controlling stake in Union Fenosa SA (UNF.MC) held by Spanish construction company Actividades de Construccion y Servicios SA (ACS.MC), reports Cinco Dias in its Friday Internet edition, citing sources at these companies.

French Min Calls For Water Tests Near Reactors After Leak

Πεμ, 17 Ιουλίου 2008 - 12:38

France's ecology minister is calling for tests of the ground water near all of the country's 58 nuclear reactors after a uranium leak at a plant in the south polluted the local water supply.

Frere Doesn't Rule Out Hiking Suez Environnement Stake

Πεμ, 17 Ιουλίου 2008 - 12:35

Belgian businessman Albert Frere doesn't rule out increasing his stake in French utility Suez Environnement, which will be spun off after the merger of French state-controlled natural gas operator Gaz de France (1020848.FR) and French utility Suez (SZE.FR), Frere says in an advanced copy of an interview with French daily Le Monde.

Mitsui & Co, Uzbekistan Govt To Discuss Uranium Exploration

Πεμ, 17 Ιουλίου 2008 - 12:31

Mitsui & Co. (8031.TO) said Thursday it has been granted exclusive rights for 18 months to negotiate with the Uzbekistan government on possible joint exploration of uranium in the Central Asian country.