English Edition

Turkish coal power plant bill sent to PM

Τετ, 13 Φεβρουαρίου 2008 - 03:20

Turkey’s Energy Ministry has sent a draft law on the privatization of coal-fired power stations to the prime minister’s office, the minister said yesterday, announcing a key stage in the sale process.

Russian, Ukrainian Leaders Meet Tue; Gas Talks Continue

Τρι, 12 Φεβρουαρίου 2008 - 03:31

Russian President Vladimir Putin was to meet Ukrainian counterpart Viktor Yushchenko Tuesday, the Kremlin said, amid crunch talks on averting a cut in Russian gas supplies to the neighboring state.

E.ON Ruhrgas To Sell 33 GWh Of Natural Gas In Auction May 7

Τρι, 12 Φεβρουαρίου 2008 - 03:29

E.ON Ruhrgas AG, a unit of German utility E.ON AG (EOA.XE), Tuesday said it will auction around 33 gigawatt-hours of long-term gas supply contracts May 7.

Turkey Gets EUR205M Electricity Proj Loan From World Bank

Τρι, 12 Φεβρουαρίου 2008 - 03:28

The World Bank said Tuesday it has signed and agreement with Turkey's state-run electricity distribution company TEDAS on a EUR205 million electricity distribution rehabilitation project loan, the Ihlas News Agency, or IHA, reported.

RWE Unit To Offer Energy-Related Fincl Services

Τρι, 12 Φεβρουαρίου 2008 - 03:27

Industrial enterprises seeking to hedge their energy procurement by financial products and/or derivatives can now draw on RWE AG for the respective services, the company said Tuesday.

Iraqi Min: Russian Cos Welcome But Won't Have Preference

Τρι, 12 Φεβρουαρίου 2008 - 03:25

Iraq's foreign minister said Tuesday Russian companies seeking to do business in his country won't be given advantage over companies from other countries.

Iberdrola Renovables In EUR300M Deal To Buy Wind Projects

Τρι, 12 Φεβρουαρίου 2008 - 03:24

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Tuesday said it has agreed to buy about 50 windpower projects in Romania, with a combined capacity of 1,600 megawatt, for between EUR200 million and EUR300 million.

Russia Iraq Deal Could Open Door For Lukoil -MDM

Τρι, 12 Φεβρουαρίου 2008 - 03:22

Russia's decision to forgive nearly all the money owed by Iraq could boost Lukoil's (LKOH.RS) efforts in that country, MDM Bank says. "The debt write-off will certainly help diplomatic relations and indirectly promote Lukoil's attractiveness among Iraqi authorities

Imperial Energy: Snezhnoye Oil Now Flowing To Transneft Pipe

Τρι, 12 Φεβρουαρίου 2008 - 03:20

London-listed Imperial Energy PLC (IEC.LN) Tuesday said the first oil from its Snezhnoye field, Block 77, in Tomsk, Western Siberia, is now flowing direct into the national oil transportation system.

Stores Agree to Bin Plastic Bags

Τρι, 12 Φεβρουαρίου 2008 - 02:53

Athens Mayor Nikitas Kaklamanis and the country’s top nine supermarket chains yesterday signed an agreement to phase out the use of plastic bags and introduce environmentally friendly ones, joining a growing trend in Europe.

Bulgarian Energy Firm Boost

Τρι, 12 Φεβρουαρίου 2008 - 02:50

Bulgaria will consolidate the biggest state-owned energy companies into a holding company to strengthen its position on the European market, Prime Minister Sergei Stanishev said on Sunday.

Balkan Economies at Risk from International Turmoil

Τρι, 12 Φεβρουαρίου 2008 - 02:11

The economies of Southeastern Europe may be hurt by slowing global growth and financial turmoil, according to 10 central bank governors.

Bulgaria To Consolidate 5 State Energy Cos Into 1 Holding Co

Δευ, 11 Φεβρουαρίου 2008 - 06:03

European Union newcomer Bulgaria plans to consolidate five state-owned energy companies into a single holding company, in an effort to make its energy sector more competitive in the European market, the government said Monday.