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Serbia and Russia Clinch Power Deal

Serbia and Russia Clinch Power Deal

Serbian power monopoly EPS and Russia’s electricity trader Inter RAO yesterday signed a wide-ranging strategic partnership deal that could see them build together power plants and also join forces abroad.

Petrol Ofisi in Ceyhan

Petrol Ofisi in Ceyhan

Turkish fuel retailer Petrol Ofisi said yesterday it would push ahead with refinery plans in the Mediterranean oil hub of Ceyhan, despite uncertainty triggered by legal changes to the licensing process.

RosUkrEnergo To Continue Gas Supply To Ukraine In 08

RosUkrEnergo To Continue Gas Supply To Ukraine In '08

RosUkrEnergo, an intermediary half-owned by Russia's gas monopoly OAO Gazprom (GAZP.RS), will continue to supply Ukraine with gas in 2008, the newspaper Vedomosti reported Monday citing Ukrainian's official.

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals

Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields, an Iraqi oil ministry statement said Sunday.

Eni Made Best Offer For Suezs Distrigas Stake

Eni Made Best Offer For Suez's Distrigas Stake

Italy's largest oil and gas company Eni SpA (E) is the frontrunner to purchase Suez's (SZE.FR) stake in Belgian gas distributor Distrigas SA (DIST.BT), Belgian daily Le Soir reported in its weekend edition.

Istanbul Grid And Sea Transport Cos To Be Privatized

Istanbul Grid And Sea Transport Cos To Be Privatized

Istanbul's municipal gas distribution company IGDAS and sea transport company IDO will be privatized after local elections in March next year, Ihlas news agency, or IHA, reported Monday, citing Mayor Kadir Topbas in Turkish daily Sabah.

Leni Gas & Oil Invests In Hungarian Gas Assets

Leni Gas & Oil Invests In Hungarian Gas Assets

Leni Gas & Oil Monday announced the conditional investment of 7.27% interest in gas development assets in Hungary from Ascent Resources plc.

Algeria Min: First Calgary Should Keep Mngmt Through Devt

Algeria Min: First Calgary Should Keep Mngmt Through Devt

Algeria's oil minister on Saturday warned dissident shareholders of Canadian gas exploration company, First Calgary Petroleums Ltd. (FCP.T), against booting out the current management, saying it could cause disruptions to the development of the company's prime Algerian asset.

Sustainable Living in an Urban Environment

Sustainable Living in an Urban Environment

Prominent architects who are promoting sustainable solutions for buildings and towns around the world are meeting in Athens until Monday to exchange views on how to make a zero impact on the environment.

Locals Οppose Lignite Plants

Locals Οppose Lignite Plants

Residents of municipalities in central and northern Greece which have been slated for the construction of coal-fired electricity plants are protesting the plans which, they say, will pose an environmental and health risk.