Russia's Pres Says New EU-Russia Pact To Be Long-Term Παρ, 27 Ιουνίου 2008 - 05:23 Russian President Dmitry Medvedev said Friday that the new wide-ranging agreement between Russia and the European Union should be a long-term one.
Gazprom Ups 2008 Gas Output Target To 563 Bln Cubic Meters Παρ, 27 Ιουνίου 2008 - 05:20 Russia's state gas firm OAO Gazprom (GAZP.RS) has increased its natural gas production forecast for 2008 by 2 billion cubic meters of natural gas to 563 billion cubic meters, or 2.6% more than last year, the company's Chief Executive Alexei Miller said Friday.
OGK-2 Expects 2007 IFRS Results To Show RUB266 Mln Loss Παρ, 27 Ιουνίου 2008 - 05:18 Russian wholesale generator OAO OGK-2 (OGKB.RS) Friday said it expects its 2007 results, calculated under International Financial Reporting Standards, to show a loss of 266 million rubles ($11.3 million).
Gazprom CEO Says Company Still Undervalued Παρ, 27 Ιουνίου 2008 - 05:17 Russia's state-controlled gas company OAO Gazprom (GAZP.RS) is still undervalued despite its market capitalization surge in recent years, the company's Chief Executive Alexei Miller said Friday.
Czech CEZ Completes Temelin Expansion Environ Report Παρ, 27 Ιουνίου 2008 - 05:15 State-run Czech power company CEZ AS (BAACEZ.PR) has completed an environmental impact assessment for the expansion of its Temelin nuclear power plant, newspaper Hospodarske Noviny reports Friday, citing sources close to the government.
Gazprom Expects 2008 Export Revenue Up 43% To $64B Παρ, 27 Ιουνίου 2008 - 05:14 Russia's state gas company OAO Gazprom (GAZP.RS) expects its 2008 export revenue to reach $64 billion, up 43% from last year, the Prime-Tass news agency reported Friday, citing the company's Chief Executive Alexei Miller.
Bulgarian Parliament to Ratify South Stream in July Πεμ, 26 Ιουνίου 2008 - 07:40 SOFIA, Bulgaria (AFP)--The Bulgarian government has asked parliament to ratify the South Stream gas pipeline deal with Russia in a vote likely to take place within the next month, the government information service said Thursday.
Radiation Checks Πεμ, 26 Ιουνίου 2008 - 05:06 Transport Minister Costis Hatzidakis (far right) presented to journalists yesterday a draft bill introducing a national electromagnetic monitoring system that is scheduled to be up and running by 2010.
Moderate Growth for Renewable Energy Πεμ, 26 Ιουνίου 2008 - 05:06 The development of renewable energy sources (RES) remains limited in Greece, a National Bank of Greece report suggested yesterday, although its share in domestic electricity production has been growing steadily since 1999.
Tax Cuts Could Boost Lukoil Investment $1.8B In '09 -Interfax Πεμ, 26 Ιουνίου 2008 - 04:25 MOSCOW (Dow Jones)--Russia's OAO Lukoil (LKOH.RS) could boost investments next year by $1.5 billion-$1.8 billion, if new tax breaks are introduced in the country's oil industry, the Interfax news agency said Thursday, citing the company's Chief Executive Vagit Alekperov.
Saipem Gets Onshore LatAm,Ukraine Contracts Worth About $1.1B Πεμ, 26 Ιουνίου 2008 - 04:23 ROME (Dow Jones)--Italy's Saipem SpA (SPM.MI) said Thursday it has received new onshore contracts in South America and Ukraine with a total value of about $1.1 billion.
GOP's McCain Calls For Energy Independence By 2025 Πεμ, 26 Ιουνίου 2008 - 03:25 WASHINGTON (AFP)--Republican White House hopeful John McCain called Wednesday for the U.S. to achieve energy independence by 2025.
US Sens Press Bush Admin To Dissuade Iraq On Oil Contracts Πεμ, 26 Ιουνίου 2008 - 03:19 WASHINGTON (Dow Jones)--Several Democratic senators on Tuesday pressed the Bush administration to dissuade the Iraqi government from awarding oil field service contracts to Western oil firms until the country's government passes a national oil law.
Saudi Arabia Foils Oil Field Attack, Arrests 701 Πεμ, 26 Ιουνίου 2008 - 03:16 DUBAI (Dow Jones)--Saudi Arabia, the world's largest crude exporter, has foiled a large-scale attack on oil installations in Yanbu on the Red Sea and in the Eastern Province, the official Saudi Press Agency reported Wednesday.
Russian Partners Say BP, Kremlin Plotted A Takeover Πεμ, 26 Ιουνίου 2008 - 03:12 LONDON -- BP PLC planned to conspire with the Kremlin to squeeze its billonaire Russian partners out of their joint venture, TNK-BP Ltd., a representative of the partners' consortium claimed Wednesday
Lukoil Hopes To Buy Turgai Stake From CNPC By End Of 2008 Τετ, 25 Ιουνίου 2008 - 02:23 Russia's largest independent oil producer OAO Lukoil (LKOH.RS) won't face Kazakh government opposition to a deal to buy full control of Turgai Petroleum and hopes to close a deal by the end of the year, a Lukoil spokesman said Tuesday.