English Edition

Mossad: Iran Will Have Nuclear Weapon In Three Years

Τρι, 5 Φεβρουαρίου 2008 - 06:39

Israel's Mossad spy agency estimates Iran will develop a nuclear weapon within three years and continue to provide rockets to regional armed groups, a newspaper reported Tuesday.

Turkish Straits Closed To Tanker Traffic Due To Fog

Τρι, 5 Φεβρουαρίου 2008 - 03:14

Turkey's Bosporus and Dardanelles straits are both closed to tanker traffic due poor visibility caused by dense fog, Turkish maritime officials said Tuesday, the Ihlas News Agency, or IHA, reported.

StatoilHydro Awards NOK445M Gjoa Platform Contract

Τρι, 5 Φεβρουαρίου 2008 - 03:12

StatoilHydro said Tuesday that on behalf of the Gjoa licence and the future operator, Gaz de France, it has awarded the main operations support contract for the Gjoa platform in the North Sea to IKM Gruppen.

Kazakhmys To Buy Coal Mine, Kazakh's Largest Pwr Plant

Τρι, 5 Φεβρουαρίου 2008 - 03:11

Kazakh copper producer Kazakhmys PLC (KAZ.LN) said Tuesday that it had signed an agreement with AES Corp. (AES) to acquire for up to $1.5 billion the largest power plant in the country, along with a coal mine that feeds it.

EdF To Clarify Intentions Over Iberdrola Within Days

Τρι, 5 Φεβρουαρίου 2008 - 03:09

French utility group Electricite de France (1024251.FR)has been asked by the Spanish market regulator to clarify its intentions regarding a possible bid for Spanish power firm Iberdrola SA (IBE.MC) in the coming days, business daily Les Echos reports Tuesday.

Emerald Energy Gets Approval For Khurbet East Field

Τρι, 5 Φεβρουαρίου 2008 - 03:08

Emerald Energy said Tuesday the Syrian Ministry of Oil and Mineral Resources and the Syrian Petroleum Company have granted approval for commercial development of the Khurbet East Field.

GDF Role in Nabucco

Τρι, 5 Φεβρουαρίου 2008 - 02:41

Gaz de France, the owner of Europe’s largest natural-gas network, will be “associated” with the Nabucco pipeline project, Romanian President Traian Basescu said, according to an adviser to French President Nicolas Sarkozy who was traveling with him.

PPC Denies CEO Intends to Resign

Τρι, 5 Φεβρουαρίου 2008 - 02:37

The Public Power Corporation (PPC) yesterday denied rumors that CEO Panayiotis Athanassopoulos intended to resign.

Albania to Sell Oil Firm ARMO as Part of Privatization Drive

Τρι, 5 Φεβρουαρίου 2008 - 02:35

Albania said yesterday it will invite a tender next week to start the sale of state-owned oil company ARMO, a refiner which also sells motor oil and products through a small network of gas stations.

DJ KazMunaiGas Raises '08 Natural Gas Transit Fee For Gazprom

Δευ, 4 Φεβρουαρίου 2008 - 06:41

ALMATY, Kazakhstan (Dow Jones)--Kazakh state oil and gas company KazMunaiGas said Monday it has raised a 2008 natural gas transit fee for Russian gas monopoly OAO Gazprom (GAZP.RS) to $1.4 a 1,000 cubic meters for every 100 kilometers from $1.1.

UPDATE: Ankara Co Baskent Dogalgaz Sale Now March 14 -IHA

Δευ, 4 Φεβρουαρίου 2008 - 06:38

ANKARA (Dow Jones)--A tender to sell Baskent Dogalgaz AS, which distributes gas in the Turkish capital Ankara, was delayed to March 14 due strong interest, company officials said Monday, according to the Ihlas News Agency.

DJ Romania: Gaz De France To Join Nabucco Proj As Associate-AFP

Δευ, 4 Φεβρουαρίου 2008 - 06:35

BUCHAREST (AFP)--Gaz de France (1020848.FR) will join the European Union's gas pipeline project Nabucco as an "associate," Romanian President Traian Basescu said Monday.

Romania's Privatization Body Plans Pwr Cos Listing -Mediafax

Δευ, 4 Φεβρουαρίου 2008 - 01:26

BUCHAREST (Dow Jones)--Romania's privatization agency plans to list minority stakes in six state-run power plants and suppliers on the Bucharest Stock Exchange in a few months, news agency Mediafax reported the agency's head Teodor Atanasiu as saying.