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Russias UES: Will Accept Offers To Buy TGK-10 Until Feb 25

Russia's UES: Will Accept Offers To Buy TGK-10 Until Feb 25

Former electricity monopoly RAO Unified energy system of Russia (EESR.RS) said Friday it has set a Feb. 25 deadline for offers to buy its 82% stake in Russian regional generation company OAO TGK-10 (TGKJ.RS).

Lukoil Buys SoyuzNefteGaz Vostok, Gets Uzbek Fields License

Lukoil Buys SoyuzNefteGaz Vostok, Gets Uzbek Fields License

Russian oil major OAO Lukoil (LKOH.RS) Friday said it had reached an agreement with ZAO MGNK SoyuzNefteGaz to buy a controlling interest in a group of companies including SoyuzNefteGaz Vostok Ltd.

Ethanol Use Could Add To Greenhouse Gas Eemissions

Ethanol Use Could Add To Greenhouse Gas Eemissions

The widespread use of ethanol from corn could result in nearly twice the greenhouse gas emissions as the gasoline it would replace because of expected land-use changes, researchers concluded Thursday. The study challenges the rush to biofuels as a response to global warming.

What Went Wrong at the Solar Village?

What Went Wrong at the Solar Village?

Savvas Diamantaras has lived in the Solar Village in Pefki, northern Athens, for 18 years and his two-story detached house is heated by a system in which the solar energy is trapped in a greenhouse and stored in walls of water on all south-facing ground-floor walls and about half the surface of south-facing walls on the first floor.

GdF: Still Interested In Pipeline Projects After Nabucco/RWE

GdF: Still Interested In Pipeline Projects After Nabucco/RWE

French gas company Gaz de France (1020848.FR) is interested in all pipeline projects it could potentially take part in, following a decision by the Nabucco gas pipeline consortium to take on RWE AG (RWE.XE) as its sixth partner, the company said Thursday.

Ankara Opposes GdF Participation in Pipeline Project

Ankara Opposes GdF Participation in Pipeline Project

Turkey opposes Gaz de France’s inclusion in the Nabucco gas pipeline project because of France’s stances on Armenian accusations of genocide and Ankara’s EU bid, a senior energy official said yesterday.

Gazprom Plans Sakhalin-1 Gas Supply Deal By May

Gazprom Plans Sakhalin-1 Gas Supply Deal By May

Russia's OAO Gazprom (GAZP.RS) plans to sign agreements on the purchase and sale of natural gas from the ExxonMobil-led (XOM) Sakhalin-1 energy project by May, the Interfax news agency reported Thursday.

Kazakh PM Orders Govt Co-Ownerhip Of Kazakhmys Power Plant

Kazakh PM Orders Govt Co-Ownerhip Of Kazakhmys Power Plant

Kazakh Prime Minister Karim Masimov Thursday told state holding company Samruk to hold talks with copper producer Kazakhmys PLC (KAZ.LN) to become a shareholder in a coal-fired power generator the company is buying from Arlington, Va.-based energy company AES Corp. (AES).

Govt Agrees To Restructure Rosnefts Yukos Debt

Govt Agrees To Restructure Rosneft's Yukos Debt

The Russian government agreed in January to restructure debts of state-owned oil company OAO Rosneft (ROSN.RS) relating to its purchase of a former OAO Yukos (YUKO.RS) asset, the Vedomosti business daily reported Thursday, citing unnamed sources.

Kazakh Oil, Gas Condensate Output To Rise To 70M Tons In 08

Kazakh Oil, Gas Condensate Output To Rise To 70M Tons In '08

Kazakhstan plans to produce 69 million to 70 million metric tons, or 1.4 million barrels a day, of oil and gas condensate in 2008, up from 67.5 million tons in 2007, the Kazakh energy and mineral resources minister said Thursday.