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Distrigas Shares Resume Trading Up 6.8% After Sale To Eni

Distrigas Shares Resume Trading Up 6.8% After Sale To Eni

Παρ, 30 Μαΐου 2008 - 03:19

Shares of Belgian gas supplier Distrigas SA (DIST.BT) rose 6.8% Friday when they resumed trade after a four-day suspension while Franco-Belgian utility Suez SA (SZE.FR) sold its 57.3% stake to Italy's energy giant Eni SpA (E).

Hungary Fin Min Sees Solution To EU Probe Into Lex MOL

Hungary Fin Min Sees Solution To EU Probe Into 'Lex MOL'

Παρ, 30 Μαΐου 2008 - 03:18

Hungarian Finance Minister Janos Veres said Friday that Hungary and the European Union will reach a "satisfying solution" to the E.U.'s probe into a Hungarian company takeover law that the E.U. said breached union regulations.

Gazprom, SUEK Halt Merger Talks

Gazprom, SUEK Halt Merger Talks

Πεμ, 29 Μαΐου 2008 - 04:38

Russian gas giant OAO Gazprom (GAZP.RS) has halted merger talks with the country's biggest coal producer, Siberian Coal Energy Co., or SUEK, the daily Vedomosti newspaper reported Thursday, citing two unnamed sources in Gazprom.

Gazprom: Ukraines Naftogaz Has No Outstanding Debt

Gazprom: Ukraine's Naftogaz Has No Outstanding Debt

Πεμ, 29 Μαΐου 2008 - 04:35

Russian state gas company OAO Gazprom (GAZP.RS) said Thursday that its Ukrainian counterpart HAK Naftogaz Ukrainy has repaid its debt in full and that the companies are currently working to reach a long-term agreement on gas supply.

Iran Talking With Repsol, Shell On Swapping Gas Projects

Iran Talking With Repsol, Shell On Swapping Gas Projects

Πεμ, 29 Μαΐου 2008 - 04:32

Iran is negotiating with Repsol YPF SA (REP) and Royal Dutch Shell PLC (RDSA) to switch their gas exploration blocs with others due for later development, the oil minister was quoted Thursday as saying.

Nabucco-Consortium Ups Pipeline Costs 58% To EUR7.9B

Nabucco-Consortium Ups Pipeline Costs 58% To EUR7.9B

Πεμ, 29 Μαΐου 2008 - 04:27

The price estimate of the planned Nabucco pipeline has been increased by 58% to EUR7.9 billion, due mainly to higher steel prices, Nabucco Gaspipeline International GmbH, the consortium representing the six partners behind the pipeline, said Thursday.

GdF, Hoegh LNG Partners For Offshore LNG Project In Italy

GdF, Hoegh LNG Partners For Offshore LNG Project In Italy

Πεμ, 29 Μαΐου 2008 - 04:25

Gaz de France (1020848.FR) said Thursday it has signed with Hoegh LNG AS a Joint Development Agreement related to the design, the construction supervision and the operation of a Floating Storage and Regasification Unit (FSRU-vessel).

Lukoil Exec In Talks With Iraq On West Qurna-2 Field

Lukoil Exec In Talks With Iraq On West Qurna-2 Field

Πεμ, 29 Μαΐου 2008 - 04:24

The vice-president of Russia's oil firm OAO Lukoil (LKOH.RS) Andrey Kuzyaev met Iraqi President Jalal Talabani in Baghdad Wednesday for talks on reviving a deal to develop the West Qurna-2 oil field, one of Iraq's largest, according to a report posted on the president's Web site Thursday.

OPECs Qabazard Sees Oil Stk Build Up To 500K B/D Avg In 08

OPEC's Qabazard Sees Oil Stk Build Up To 500K B/D Avg In '08

Πεμ, 29 Μαΐου 2008 - 04:21

Hasan Qabazard, head of research at the Organization of Petroleum Exporting Countries said Thursday that he expects to see oil stocks build up to between 400,000-500,000 barrels a day on average in 2008.