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EU Wont Release 2007 CO2 Emissions Data Tuesday

EU Won't Release 2007 CO2 Emissions Data Tuesday

The European Commission said it won't be releasing any 2007 verified emissions data for installations covered under the E.U. Emissions Trading Scheme Tuesday, as previously expected.

Energias de Portugal Obtains EUR340 Mln Govt Dam Contract

Energias de Portugal Obtains EUR340 Mln Govt Dam Contract

The Portuguese government Tuesday gave utility Energias de Portugal SA (EDP.LB), or EdP, a contract to build and manage the Foz Tua hydroelectric dam in the north of the country, EdP said in a regulatory filing.

Gazprom To Produce 90 Billion Tons LNG In 2030

Gazprom To Produce 90 Billion Tons LNG In 2030

Russia's Gazprom (GAZP.RS), the world's largest producer of natural gas, intends to produce up to 90 million metric tons of liquefied natural gas, or LNG, by 2030, the Interfax news agency reported Tuesday, citing the company's deputy chairman Valery Golubev.

UAE Mubadala Buys 20% In Shell E&P Ventures In Algeria

UAE Mubadala Buys 20% In Shell E&P Ventures In Algeria

Mubadala Development Co., an Abu Dhabi government investment firm, Tuesday said it purchased a 20%-stake in Royal Dutch Shell PLC's (RDSA) Algerian exploration and production contracts as part of plans to expand its global energy investments portfolio.

EDF CEO: French Indus Power Tariffs Will Rise To Match Costs

EDF CEO: French Indus Power Tariffs Will Rise To Match Costs

French state-owned electricity operator Electricite de France (1024251.FR) expects below market power tariffs for industrial clients to rise to match the costs of investing in new capacity, Chairman and Chief Executive Pierre Gadonneix said Tuesday.

OPEC To Hold Informal April Meeting In Rome

OPEC To Hold Informal April Meeting In Rome

The Organization of Petroleum Exporting Countries will hold an informal meeting on the sidelines of an oil producer-consumer conference in Rome later this month to discuss whether current oil market developments warrant calling a special session to consider adjusting output, OPEC sources said Tuesday.

Shell Enters Rosneft, CNPC Refinery Project In China

Shell Enters Rosneft, CNPC Refinery Project In China

Royal Dutch Shell (RDSA.LN) will enter a joint venture between Russia's top oil producer OAO Rosneft (ROSN.RS) and China's state oil company China National Petroleum Corp., or CNPC, a Rosneft spokesman said Tuesday.

Chevron, Tatneft In Talks Over Bitumen Production

Chevron, Tatneft In Talks Over Bitumen Production

U.S. oil major Chevron (CVX) and OAO Tatneft (TATN.RS), Russia's sixth-largest oil producer by volume, are in talks on developing heavy-oil projects in Russia's Tatarstan region, the two companies said Tuesday.

New Balkan Nuclear Plants Could Supply Italy:Tremonti

New Balkan Nuclear Plants Could Supply Italy:Tremonti

New nuclear power plants across the Adriatic Sea could be available to supply energy-hungry Italy, according to politician Giulio Tremonti, quoted in daily Il Sole-24 Tuesday.

Power Cuts from May?

Power Cuts from May?

Electricity consumers can expect long power cuts from May in order to avert a blackout this summer, when temperatures will be higher and the resulting problems much greater.

UAE Aabar May Complete Pearl Energy Sale By End April

UAE Aabar May Complete Pearl Energy Sale By End April

Abu Dhabi-based Aabar Energy (AABAR.AD) hopes to conclude the sale of its Pearl Energy exploration and production unit for $833.3 million to Mubadala Development Co. by late April, a top executive said Monday.

E.ONs Kingsnorth In UK Govt CO2 Capture Competition

E.ON's Kingsnorth In UK Govt CO2 Capture Competition

E.ON UK, the U.K. arm of German utility E.ON AG (EOA.XE), said Monday its Kingsnorth coal-fired project will be one of the projects to apply for funding under the U.K. government's carbon capture and storage competition.

Gazprom Plans To Make Buyout Offer To TGK-1 Shareholders

Gazprom Plans To Make Buyout Offer To TGK-1 Shareholders

Russian gas monopoly OAO Gazprom (GAZP.RS) is planning to make a buyout offer to shareholders in regional power generator OAO TGK-1 (TGKA.RS), a spokeswoman for Gazprom subsidiary Mezhregiongaz said Monday.

Libyan Oil Output Seen At 2M B/D By 2010

Libyan Oil Output Seen At 2M B/D By 2010

Libya will produce 2 million barrels a day of oil by 2010, from the current 1.6 million-1.7 million barrels a day, a government official told Dow Jones Newswires.