English Edition

Eni Seals GBP1.74B Takeover Of Burren Energy

Παρ, 11 Ιανουαρίου 2008 - 03:44

LONDON (Dow Jones)--Eni SpA (E), Italy's largest oil and gas company by volume, Friday claimed 77.42% of U.K. peer Burren Energy PLC (BUR.LN), drawing a line under its GBP1.74 billion takeover bid.

Higher Bids for Bulgarian Nuclear nit

Παρ, 11 Ιανουαρίου 2008 - 03:38

All five foreign bidders for a 49 percent stake in Bulgaria’s planned nuclear power plant of Belene submitted improved offers yesterday, state power utility NEK said.

PPC in JV for Plant in Elefsina

Παρ, 11 Ιανουαρίου 2008 - 03:35

The Public Power Corporation (PPC), Greece’s biggest electricity producer, and Halyvourgiki, a privately held steelmaker, plan to jointly build a power plant southwest of Athens.

Gazprom Eyeing Gas From Azerbaijan's Shah Deniz - Vedomosti

Παρ, 11 Ιανουαρίου 2008 - 02:49

Russian natural gas monopoly OAO Gazprom (GAZP.RS) is interested in buying gas from the Azerbaijan's Shah Deniz field in the Caspian Sea, the business daily Vedomosti reported Friday, citing an unnamed source at Gazprom and a member of the project's development consortium.

City Of Budapest Picks MVM To Buy Its Elmu Stake

Παρ, 11 Ιανουαρίου 2008 - 02:46

The city of Budapest picked state-owned Hungarian electricity wholesaler MVM Zrt. to buy its 10.5% stake in power distributor Elmu Zrt. (ELMU.BU), fellow bidder, German power giant RWE AG's (RWE.XE) spokesman Wolfgang Schley told Hungarian business daily Vilaggazdasag.

Renewables Indus Seen Untouched By Govt's Nuclear Pwr Push

Παρ, 11 Ιανουαρίου 2008 - 02:44

The U.K. government's widely anticipated decision Thursday to back a new generation of nuclear power plants is unlikely to derail investment in the country's burgeoning renewables sector as atomic projects will still have to compete on cost and return, industry officials said this week.

Gulf Keystone Petrol: Oil Field Development Plan Approved

Πεμ, 10 Ιανουαρίου 2008 - 06:48

Gulf Keystone Petroleum announced Thursday with SONATRACH the approval by ALNAFT (the Hydrocarbon National Agency), of the proposed Development Plan for the GKN and GKS oil fields (60% Working Interest, 30% Net Revenue Entitlement) located in North Algeria, South East Constantine basin, Block 126a.

Polish PGNiG In Advanced Talks With 3 Potential LNG Suppliers

Πεμ, 10 Ιανουαρίου 2008 - 06:41

Polish gas company Polskie Gornictwo Naftowe i Gazownictwo, or PGNiG (PGN.WA) is in advanced talks with three potential suppliers of liquified natural gas for the regasification terminal to be built by the end 2011, a company executive said Thursday.

Iran To Resume Gas Supply To Turkey Within Days

Πεμ, 10 Ιανουαρίου 2008 - 03:55

Iran will resume shipping natural gas to Turkey within days, Turkey's prime minister reportedly said Thursday.

British Energy Restarted 620MW Torness Nuclear Power Unit Wed

Πεμ, 10 Ιανουαρίου 2008 - 03:52

The U.K.'s largest nuclear power generator, British Energy Group PLC (BGY.LN), restarted one of its two reactors at the Torness nuclear power station Wednesday after having shut it down to repair a hydrogen leak.

RWE Agrees Pacts With WestLB For Potential Elmu Stake Buy

Πεμ, 10 Ιανουαρίου 2008 - 03:49

German utility RWE AG (RWE.XE) said it has entered options agreements with German bank WestLB AG over the acquisition of a stake in Hungarian power distributor Budapest Elektromos Muvek Nyrt. (ELMU.BU), or Elmu, equivalent in size to a stake in the firm that the city of Budapest plans to sell.