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IEA:$100 Oil Big Reminder For Consumers To Boost Efficiencies

Πεμ, 3 Ιανουαρίου 2008 - 04:33

LONDON (Dow Jones)--The International Energy Agency said Thursday that $100-a-barrel oil provides a big reminder for consuming nations to improve efficient use of energy resources and to step up investments in new oil supplies and alternative energy resources.

Greek GDP growth seen at 4 pct in 08

Παρ, 28 Δεκεμβρίου 2007 - 06:47

Greece yesterday unveiled an updated EU stability and growth plan for 2007-2010, projecting economic growth at 4.0 percent next year, and envisaging the elimination of public deficits by the end of the period through a 2.3 percent increase in revenues and a 0.3 percent fall in expenses.

Turk energy hikes worry

Παρ, 28 Δεκεμβρίου 2007 - 06:44

Turkey’s central bank said yesterday planned hikes in electricity and natural gas prices led the bank to take a cautious stance on monetary policy.

GdF To Raise Tariffs For Businesses By 10%

Παρ, 28 Δεκεμβρίου 2007 - 05:57

PARIS (Dow Jones)--The French government will allow French gas giant Gaz de France (1020848.FR) to raise regulated gas tariffs for French business customers by 10% starting Jan. 1, 2008, the French financial daily Les Echos reports in its Friday edition without citing sources

Italy's Eni Raises Its U.S. Profile

Παρ, 28 Δεκεμβρίου 2007 - 05:53

Italian oil titan Eni SpA, which has benefited from its ability to invest and expand in countries off-limits to American rivals, this year sharply raised its exposure on the home turf of Chevron Corp. and Exxon Mobil Corp.

EdF Exits Mexico Through $1.4 Billion Asset Sale

Παρ, 28 Δεκεμβρίου 2007 - 05:20

PARIS (Dow Jones)--French state-controlled electricity group Electricite de France (1024251.FR), or EdF, Friday said it has finalized its exit from Mexico through the sale of its assets to Spanish group Gas Natural SDG SA (GAS.MC) for $1.4 billion.

StatoilHydro Launches Pazflor Development In Angola

Παρ, 28 Δεκεμβρίου 2007 - 05:14

StatoilHydro said Friday that Pazflor, the third hub in Angola block 17 is ready for development. After Girassol and Dalia and the subsea tie-back Rosa, the launch of Pazflor represents a major new stage in the development of Block 17. StatoilHydro has a 23.33% interest in the block.

Russia Denies Plans To Deliver S-300 Missiles To Iran

Παρ, 28 Δεκεμβρίου 2007 - 05:05

Iran Receives 2nd Russian Fuel Shipment For Nuclear Pwr Plant

Παρ, 28 Δεκεμβρίου 2007 - 04:55

Iran received the second shipment of nuclear fuel from Russia on Friday for a power plant being constructed in the southern Iranian town of Bushehr, the official news agency IRNA reported.

Edison CEO Says Europe Needs To Raise Nuclear Capacity

Παρ, 28 Δεκεμβρίου 2007 - 04:54

Europe needs to increase its nuclear power capacity substantially to relieve its overdependence on gas, the chief executive of Edison, Umberto Quadrino has warned, The Financial Times reports Friday

Portugal's CGD Raises Stake In EDP To 5.24% Vs 4.9%

Παρ, 28 Δεκεμβρίου 2007 - 04:53

Portuguese state-controlled bank Caixa Geral de Depositos SA raised on Dec. 19 its total stake in the country's energy firm Energias de Portugal SA (EDP.LB) to 5.24%, or nearly 191.6 million shares, EDP said in a regulatory filing Thursday.

Energoinvest in Libyan deal

Παρ, 28 Δεκεμβρίου 2007 - 00:27

Bosnia’s largest engineering group Energoinvest has clinched a new $52 million deal with Libya to build power transmission lines and a transformer station, General Manager Dzemail Vlahovljak said yesterday.

PPC dismisses union claims on cooperation with RWE

Παρ, 28 Δεκεμβρίου 2007 - 00:24

The Public Power Corporation (PPC) has decided to toughen its stance toward its employee union (GENOP), making it clear it will not give in as far as the company’s cooperation with German firm Rheinisch-Westfalisches Elektrizitatswerk (RWE) is concerned.