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Iran To Begin Drilling Operations In Caspian Sea

Τετ, 27 Φεβρουαρίου 2008 - 03:05

Iran has started first crude oil drilling operations in the Caspian Sea, the oil ministry's official Shana Web site reported Tuesday.

Ukraine's Energy Min, Russian Gas Debt To Be Paid In Full Wed

Τετ, 27 Φεβρουαρίου 2008 - 03:04

Ukraine's energy minister said his country may fully pay off its debt for Russian natural gas supplies before the end of Wednesday.

Gaz de France 2007 Net Pft EUR2.5B Vs EUR2.3B

Τετ, 27 Φεβρουαρίου 2008 - 03:02

French utility Gaz de France (1020848.FR) Wednesday said full-year net profit rose 7.6%, helped by colder weather in the last quarter of 2007 and gains from the purchase and sale of energy.

Vestas 4Q Net Rises 80% On Higher Prices, Output

Τετ, 27 Φεβρουαρίου 2008 - 03:00

Vestas Wind Systems A/S (VWS.KO) Wednesday reported an 80% rise in fourth-quarter net profit, reflecting improved prices and conditions and better in-house processes and production, but said supply bottlenecks and poor quality components continued to dent results.

Gazprom Threatens 25% Delivery Cut To Ukraine From March 3

Τρι, 26 Φεβρουαρίου 2008 - 07:47

Russian gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it will cut gas deliveries to Ukraine by 25% unless the country pays for outstanding gas deliveries.

RWE Says CEO Grossmann Bought Shares In Company Worth EUR2M

Τρι, 26 Φεβρουαρίου 2008 - 07:46

German utility RWE AG (RWE.XE) said Tuesday its Chief Executive Juergen Grossmann bought shares in the company worth around EUR2 million.

RheinEnergie Interested In E.ON's Thuega,But No Talks

Τρι, 26 Φεβρουαρίου 2008 - 07:42

Cologne-based utility RheinEnergie AG would be interested in E.ON AG's (EONGY) public utility Thuega, should E.ON decide to sell, RheinEnergie Chief Executive Martin Schmitz said Tuesday.

IAEA Asks 18 Experts To Assess Agency's Future

Τρι, 26 Φεβρουαρίου 2008 - 07:41

The International Atomic Energy Agency, or IAEA, said Tuesday it had asked a group of 18 top experts to assess the future challenges facing the U.N. atomic watchdog as more countries pursue nuclear technology.

Slovak Enel-Owned Utility Wins Nuclear Plant Legal Wrangle

Τρι, 26 Φεβρουαρίου 2008 - 07:40

Bratislava--Slovenske Elektrarne AS, a Slovak power utility majority-owned by ENEL S.p.A. (ENEL.MI), has successfully ended a long-lasting international court dispute aimed at the shutting down of units 1 and 2 of the nuclear power plant in Mochovce.

Bulgaria may construct gas pipeline to Greece

Τρι, 26 Φεβρουαρίου 2008 - 04:35

Bulgaria may build an 80-kilometer (50-mile) natural gas pipeline between its southern city of Haskovo and Komotini in northern Greece. The link would be joined to an existing pipeline between Turkey and Greece and carry natural gas from Iran or Azerbaijan to Bulgaria’s southern regions along the Greek border, Bulgaria’s Economy and Energy Minister Petar Dimitrov said in Sofia yesterday.

Serbia Seals Gas Seal with Russia

Τρι, 26 Φεβρουαρίου 2008 - 04:29

Russia signed a gas pipeline deal with Serbia yesterday that underscores Moscow’s increasingly closer ties with Belgrade. The plan clears the way for the construction of the South Stream pipeline through Serbia en route to Western Europe.

Libya Oil Head: OPEC Output Seen Steady On Oil Price

Τρι, 26 Φεβρουαρίου 2008 - 03:28

Libya's top oil official Shokri Ghanem said Tuesday he believed the Organization of Petroleum Exporting Countries will keep its formal production target unchanged when it meets next week as long as crude prices stay well above $90 a barrel.

Turkmenistan To Boost Gas Production Almost 13% In 2008

Τρι, 26 Φεβρουαρίου 2008 - 03:26

Turkmenistan will boost gas production by almost 13% this year to 81.5 billion cubic meters as Russia, China and Europe seek a larger share of its exports, the president said late on Monday.