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Belgian PM To Smooth Way For ENI Takeover Of Distrigas

Belgian PM To Smooth Way For ENI Takeover Of Distrigas

Belgium's new Prime Minister Yves Leterme will use a visit to French president Nicholas Sarkozy Monday to smoothe the final hurdles to a sale of Belgian gas distributor Distrigas to Italian oil and gas company Eni SpA (E), de Tijd reports.

Suez Applies For Bucharest Waste Contract

Suez Applies For Bucharest Waste Contract

Franco-Belgian utility Suez (SZEZY) responded last week to an invitation to tender to manage household waste from 240,000 citizens of Bucharest, Romania, French newspaper Le Figaro reports Monday without naming its sources.

Greece Forgot About Kyoto for a Full Year

Greece Forgot About Kyoto for a Full Year

Europe's technocrats and officials at Greece's Environment and Public Works Ministry may have been taken by surprise by the United Nations decision to expel Greece from the Kyoto Protocol's emissions trading system but it had actually been on the cards for months.

Bulgaria Seeks More Time for Emissions Plan

Bulgaria Seeks More Time for Emissions Plan

The Bulgarian government allocated carbon emission permits to industries for 2007 on Wednesday and will ask the European Commission to give it more time, to June 30, to comply with requirements, officials said.

Turkey Looking for Adviser to Sell Power Utility

Turkey Looking for Adviser to Sell Power Utility

Turkey’s sell-off agency has started seeking advisers for the privatization of major electricity generation company EUAS, a privatization official and sources familiar with the situation said yesterday.

Oil Price Hikes Dash Hope for Inflation Dip

Oil Price Hikes Dash Hope for Inflation Dip

Oil prices flirting with $120 a barrel and a busy Easter market dealt a blow to the government’s hopes for even a slight decline of inflation in April.

CEZ Considers Selling Pocerady Coal-Fired Power Plant

CEZ Considers Selling Pocerady Coal-Fired Power Plant

Czech power company CEZ AS (BAACEZ.PR) is considering selling its 1,200 megawatt lignite-fired power plant in Pocerady, northern Czech Republic, according to a report in Thursday's Mlada Fronta Dnes newspaper.

Iraq Talks With Oil Majors Ongoing; Deals In June

Iraq Talks With Oil Majors Ongoing; Deals In June

Talks between the Iraqi Oil Ministry and senior executives from the world's largest oil companies are progressing and deals to develop the country's prized oil fields are expected to be signed in June, people close to the ministry said Friday.

Iberdrola Files Complaint To EU Against France, EDF

Iberdrola Files Complaint To EU Against France, EDF

Iberdrola SA (IBE.MC) has submitted a formal complaint to the European Commission against France and Electricite de France SA (1024251.FR) concerning EDF's dominant condition in the nuclear power sector, Spanish news agency Europa Press reported Thursday, citing Iberdrola's document.

EU Pollution Warnings on Way

EU Pollution Warnings on Way

The European Union is expected to agree today to send Greece warning letters over its inability to comply with the Kyoto Protocol’s emissions trading system and the failure of more than 300 major Greek industries to meet stricter air pollution targets.

Greece, Russia Ιnk Deal on Gas Pipeline

Greece, Russia Ιnk Deal on Gas Pipeline

The Greek and Russian leaders signed a deal yesterday in Moscow on Greece’s participation in a gas pipeline deal that will help boost the country’s role as an energy hub in the region and feed its growing energy appetite.

Gazprom Neft CEO Dyukov Calls For Oil Tax Reduction

Gazprom Neft CEO Dyukov Calls For Oil Tax Reduction

OAO Gazprom Neft (SIBN.RS) Chief Executive Alexander Dyukov has called for tax breaks in the Russian oil sector to sustain production growth, the Interfax news agency reported Wednesday.

Iberdrola Tightens Price Guidance On Two-Part Bond

Iberdrola Tightens Price Guidance On Two-Part Bond

Spanish power company Iberdrola SA (IBDRY) has tightened price guidance on its planned two-part, euro-denominated benchmark bond issue, a person familiar with the situation said Wednesday.

Gazprom, VNG To Build Gas Storage Facility In Germany

Gazprom, VNG To Build Gas Storage Facility In Germany

Russia's OAO Gazprom (GAZP.RS), the world's largest gas producer, has agreed with Verbundnetz Gas AG, a German importer and supplier of natural gas to major consumers, to build and operate an underground gas storage facility in Germany's Saxony-Anhalt region, Gazprom said Wednesday.