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Judge May Halt Review Of Energy East Buy -Iberdrola Source

Judge May Halt Review Of Energy East Buy -Iberdrola Source

A New York judge will decide Monday or Tuesday on whether the regulatory review of the takeover of U.S. utility Energy East Corp. (EAS) by Spain's Iberdrola SA (IBE.MC) is temporarily halted, an Iberdrola source said Monday.

Russias TGK-7 Confirms Intention To Launch IPO

Russia's TGK-7 Confirms Intention To Launch IPO

Russian electricity generator OAO TGK-7 (TGKG.RS) Monday said it would proceed with an initial public offering of up to 3.859 billion new shares, or 12.9% of its enlarged capital.

High stakes in strategic partnership of PPC with RWE fan controversy

High stakes in strategic partnership of PPC with RWE fan controversy

Greece's Public Power Corporation (PPC) has found itself in the midst of business and political controversy many times over the years. However, the decision by its top management to join forces with Germany's utility giant RWE has stirred up a controversy unlike any other. This is to be expected: At stake is the future of Greece's electricity energy sector and billion of euros in investments and profits.

Ukraine PM: Wont Pay Gazprom 2008 Prices For 07 Gas

Ukraine PM: Won't Pay Gazprom 2008 Prices For 07 Gas

Ukrainian Prime Minister Yulia Timoshenko Monday said state-run gas supplier Naftogaz Ukrainy owed Russian energy giant OAO Gazprom (GAZP.RS) $1.07 billion on Jan. 1 and won't pay 2008 prices for gas it received in November and December, Russian news agencies reported Monday.

Fastest Deployed UK Nuclear Reactor Design To Be Picked-Paper

Fastest Deployed UK Nuclear Reactor Design To Be Picked-Paper

The speed with which new nuclear power plants can be built will be key to the decision on which atomic reactor designs are selected for use in the U.K., The Times of London reports Monday, citing the government.

Iberdrola Asks Energy Regulator To Limit ACS Voting Rights

Iberdrola Asks Energy Regulator To Limit ACS Voting Rights

Iberdrola SA (IBE.MC) has asked the Spanish energy regulator CNE to limit the stake holding and voting rights of its top shareholder, Actividades de Construccion y Servicios SA (ACS.MC), after the latter held talks with Electricite de France SA (1024251.FR) about a potential joint bid for Iberdrola.

Iraqi President Welcomes Russian Decision To Write Off Debt

Iraqi President Welcomes Russian Decision To Write Off Debt

Iraqi President Jalal Talabani welcomed an expected Russian decision to write off 91% of Iraq's estimated $13 billion debt on Friday, saying it would be a "historic turning point" in relations between the two countries.

Russia, Poland Differ On Nord Stream Construction

Russia, Poland Differ On Nord Stream Construction

Russia and Poland differ in their views on the Nord Stream gas pipeline construction project, Polish Prime Minister Donald Tusk said after talks with his Russian counterpart Viktor Zubkov Friday.

DJ EdF Says It Has Held Talks With ACS About Iberdrola

DJ EdF Says It Has Held Talks With ACS About Iberdrola

Electricite de France (1024251.FR) said Friday it has held talks with Spanish construction company Actividades de Construccion y Servicios SA (ACS.MC) about a possible bid for Spanish electricity company Iberdrola SA (IBE.MC).