English Edition

Enel Negotiates Stakes In Two EdF Power Plants

Τετ, 25 Ιουνίου 2008 - 02:01

Enel SpA (ENEL.MI) is negotiating taking minority stakes in two Electricite de France SA (1024251.FR) power plants in France, French daily La Tribune reports Wednesday, quoting Enel's head of international activities.

Russia Delays Higher Excise Duty On Gasoline To 2011

Τετ, 25 Ιουνίου 2008 - 01:59

Russia's government has delayed by at least two years a proposal to change the excise duty on gasoline, the Kommersant daily reported Wednesday.

E.On CEO Hopes To Close Gazprom Deal Within A Year

Τετ, 25 Ιουνίου 2008 - 01:58

Germany's energy company E.ON AG (EOA.XE) hopes a deal with Russia's state gas firm OAO Gazprom (GAZP.RS) over a swap of assets will be closed soon, the Vedomosti daily reported Wednesday citing the company's Chief Executive Bernhard Reutersberg.

BP Starts Drilling At Stage 2 Of Shah Deniz Field

Τρι, 24 Ιουνίου 2008 - 05:01

BP PLC (BP) has started drilling the fifth well at its Shah Deniz gas condensate development in the Azerbaijan sector of the Caspian Sea, the company said Monday.

Iran, India, Pakistan To Meet On Gas Pipeline Proj

Τρι, 24 Ιουνίου 2008 - 04:59

India, Pakistan and Iran will be meeting in Tehran in July for long-awaited talks on the Iran-Pakistan-India (IPI) gas pipeline project, Iran's English-language satellite channel Press TV reported Tuesday, citing a senior Indian oil official.

Iraq Accepts 6 More Firms To Bid For Oil Deals

Τρι, 24 Ιουνίου 2008 - 04:58

Iraq has accepted six state-owned oil firms to compete for future oil and gas contracts, bringing the number of companies eligible to 41, an Iraqi oil industry source said Tuesday.

E.ON Low-Cost Power, Gas Unit Has 800,000 Customers

Τρι, 24 Ιουνίου 2008 - 04:56

E.ON AG (EOA.XE) Tuesday said its low-cost power and gas sales business E Wie Einfach has gained around 50,000 customers in the past two months.

EU Commission Lists Objections To OMV Takeover Of MOL

Τρι, 24 Ιουνίου 2008 - 04:54

The European Commission has expressed serious concerns about the proposed takeover of Hungarian oil and gas company MOL Nyrt. (MOL.BU) by its Austrian peer OMV AG (OMV.VI), OMV said Tuesday.

Eni CEO Sees Impact Of Tax Hike At Less Than EUR500M

Τρι, 24 Ιουνίου 2008 - 04:52

The Italian government's new tax hitting energy companies will impact Eni SpA (E), Italy's biggest oil and natural gas company by revenue, by less than EUR500 million, said Chief Executive Paolo Sacroni Tuesday.

Iran, Russia To Hold Talks On Expanding Relations

Τρι, 24 Ιουνίου 2008 - 04:51

High-level Iranian and Russian officials will soon hold talks on expanding bilateral relations, the Iranian oil ministry's official Shana news Web site reported Monday.

OPEC Pres: Oil Prices Won't Fall Despite Group's Efforts

Τρι, 24 Ιουνίου 2008 - 04:48

Scorching oil prices will not fall despite the efforts of the Organization of Petroleum Exporting Countries, its president said Tuesday in the aftermath of the decision by Saudi Arabia, the group's de facto leader, to spur crude output higher.

Enel Looking At Nuclear Power In Albania In Long-term

Τρι, 24 Ιουνίου 2008 - 03:47

Enel SpA (ENEL.MI) Chief Executive Fulvio Conti Tuesday said the Italian utility was looking at boosting power production from Albania through coal and nuclear power plants.

Surgutneftegaz Hldr Asks About Gunvor Deal Via Court

Τρι, 24 Ιουνίου 2008 - 03:46

A minority shareholder of Russian oil producer OAO Surgutneftegaz (SNGS.RS), Alexei Navalnyi, has filed a lawsuit against the company asking it to disclose details of the deal with oil trader Gunvor, the newspaper Vedomosti reported Tuesday, citing the court's documents.