English Edition

WSJE:Kazakhstan, Oil Co Consortium Mtg For Jan 11 Postponed

Τετ, 9 Ιανουαρίου 2008 - 07:46

What was supposed to be a decisive meeting scheduled for Friday to resolve the long-running dispute between the government of Kazakhstan and a consortium of foreign oil companies developing the massive Kashagan field has been postponed, according to people close to the negotiations.

German Power Regulator Sees Bottlenecks In Transmission Grids

Τετ, 9 Ιανουαρίου 2008 - 07:44

FRANKFURT (Dow Jones)--Germany's electricity grid regulator, the Bundesnetzagentur, Wednesday said delays in approval procedures for investment in power transmission networks could result in supply bottlenecks and rising power prices.

Aktor, Terna Pull out of Sofia Metro

Τετ, 9 Ιανουαρίου 2008 - 06:25

Aktor, a unit of Hellenic Technodomiki, and Terna have pulled out of a –185 million tender to build a section of the Sofia subway.

Euro Changeover Success in Cyprus

Τετ, 9 Ιανουαρίου 2008 - 06:19

The switch to the euro currency in Cyprus and Malta this year has so far been successful, European Union Monetary Affairs Commissioner Joaquin Almunia said yesterday.

Iranian Gas Flow Cut to Last

Τετ, 9 Ιανουαρίου 2008 - 06:14

Turkey expects a cut in its natural gas imports from Iran to last a long time while Russia, another key energy provider, is unable to allocate additional supplies, a senior Energy Ministry official said yesterday.

White House Warns Iran Over Hormuz Confrontation

Τετ, 9 Ιανουαρίου 2008 - 03:50

JERUSALEM (AFP)--The White House Wednesday warned Iran over a weekend confrontation between Iranian speedboats and U.S. warships in the Strait of Hormuz.

Kazakhstan Files Tax Claim Vs Kashagan Operator Agip

Τετ, 9 Ιανουαρίου 2008 - 03:46

ALMATY, Kazakhstan (Dow Jones)--The Kazakh government has filed a tax claim against Eni SpA-led (E) Agip KCO, the operator of the giant Kashagan oil field in the Caspian Sea, Deputy Finance Minister Daulet Yergozhin was quoted by Interfax news agency as saying Wednesday.

Italy's Edison To Sign Iran Hydrocarbon Exploration Deal Wed

Τετ, 9 Ιανουαρίου 2008 - 03:41

ROME (Dow Jones)--Edison SpA (EDN.MI) will sign Wednesday an offshore hydrocarbon exploration deal with Iran, said a spokesman for the Italian energy company.

Shell, Total Vie For Gas Field In Iraq

Τετ, 9 Ιανουαρίου 2008 - 03:37

LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB.LN) and Total SA (TOT) are vying to develop a huge gas field in what was Iraq's most violent province as a source for exports to Europe, The Times of London reports Wednesday, without citing sources

UK Cabinet Backs Building New Nuclear Power Stations -Reports

Τετ, 9 Ιανουαρίου 2008 - 03:15

LONDON (Dow Jones)--U.K. ministers gave their backing to government plans for a new generation of nuclear power stations at Tuesday's cabinet meeting, just two days ahead of Thursday's announcement on their plans, The Financial Times reports without citing sources

RWE: To Act In Concert With WestLB To Raise Stake In Elmu

Τετ, 9 Ιανουαρίου 2008 - 03:07

REW to increase its control over Hungarian power distributor

EU Officials Say Carbon Plan Will Hurt Key Industries -FT

Τετ, 9 Ιανουαρίου 2008 - 03:03

BRUSSELS (Dow Jones)--Plans to curb carbon emissions in the European Union likely will force some heavy industries to leave the bloc, the Financial Times reported Wednesday, citing documents from the European Commission.

Greek Importers Report Increased Car Sales for 2007

Τετ, 9 Ιανουαρίου 2008 - 01:17

Last year proved to be the best of the last three in the local car market, with sales rising by 4.5 percent from 2006. In absolute figures, sales in 2007 reached 279,794 units, up from 267,706 units in 2006. If December 2007 had not registered a 17 percent annual decline, then the total rise would have been even greater.