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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.

E.ON Repeats To Focus On Organic Growth In Coming Years

E.ON Repeats To Focus On Organic Growth In Coming Years

E.ON AG (EOA.XE), the world's largest investor owned utility by market value, Wednesday said it wants to focus on organic growth in coming years after going on a spending spree throughout Europe in 2007.

DJ RWE CEO: Co Wont Engage In Nuclear Power Bidding Battles

DJ RWE CEO: Co Won't Engage In Nuclear Power Bidding Battles

RWE AG's (RWE.XE) Chief Executive Juergen Grossmann Tuesday reiterated the German utility's interest in expanding its nuclear power business abroad, but said the company won't get involved in bidding battles.

Sibir Energy: Crude Output From Salym Field Now 120,000 B/D

Sibir Energy: Crude Output From Salym Field Now 120,000 B/D

London-listed Sibir Energy PLC (SBE.LN), an oil producer focused on Russia, Wednesday said production at its Salym field, which it operates on a fifty-fifty basis with Royal Dutch Shell PLC (RDSA), has exceeded 120,000 barrels a day.

Whats PPCs Longterm Coal?

What's PPC's Longterm Coal?

The Public Power Corporation (PPC) can expect to pay up to 2.2 billion euros a year for carbon emission licences under the EU's revised Emissions Trading Scheme unless it shifts away from its dependence on lignite and other coal-based fuels, according to a former president of the Regulatory Authority for Energy.

Energy on Russian Αgenda

Energy on Russian Αgenda

Growing energy ties binding Greece and Russia are expected to top the agenda of talks between Prime Minister Costas Karamanlis and Russian President Vladimir Putin next week when the Greek leader visits Moscow. Tuesday’s visit will also be among Putin’s last meetings as president as he prepares to hand over his position to Dmitry Medvedev on May 7.

IENE’s 2nd SE Europe Energy Dialogue Attracts Stong International Interest

IENE’s 2nd SE Europe Energy Dialogue Attracts Stong International Interest

More then 80 speakers from 20 countries and 7 International Organizations are expected to participate in this year’s SE Europe Energy Dialogue alongside with hundreds of delegates from Greece and aboard. This year’s Dialogue international meeting is convened by the Institute of Energy for South East Europe (IENE) following the success of the 1st Energy Dialogue which was organized in Thessaloniki in June 2007.

Medvedev To Make First Trips To Kazakhstan, China

Medvedev To Make First Trips To Kazakhstan, China

Russian president-elect Dmitry Medvedev said Tuesday he will travel to China and ex-Soviet Kazakhstan on his first foreign trip following his May 7 inauguration.