English Edition

Petroleum Devt Oman Discovers New Oil, Natural Gas Reserves

Δευ, 11 Φεβρουαρίου 2008 - 05:59

Petroleum Development Oman, the country's biggest crude oil producer, Monday said it had discovered new oil and natural gas reserves at different locations in the country.

Russia's TGK-7 Confirms Intention To Launch IPO

Δευ, 11 Φεβρουαρίου 2008 - 05:57

Russian electricity generator OAO TGK-7 (TGKG.RS) Monday said it would proceed with an initial public offering of up to 3.859 billion new shares, or 12.9% of its enlarged capital.

High stakes in strategic partnership of PPC with RWE fan controversy

Δευ, 11 Φεβρουαρίου 2008 - 03:35

Greece's Public Power Corporation (PPC) has found itself in the midst of business and political controversy many times over the years. However, the decision by its top management to join forces with Germany's utility giant RWE has stirred up a controversy unlike any other. This is to be expected: At stake is the future of Greece's electricity energy sector and billion of euros in investments and profits.

DJ Turkey To Be Urged To Give More Support To Nabucco Pipe

Δευ, 11 Φεβρουαρίου 2008 - 03:02

Turkey will this week be urged to give more support to the proposed Nabucco natural gas pipeline from Azerbaijan and the Caspian, the Financial Times said Monday.

Ukraine PM: Won't Pay Gazprom 2008 Prices For 07 Gas

Δευ, 11 Φεβρουαρίου 2008 - 03:00

Ukrainian Prime Minister Yulia Timoshenko Monday said state-run gas supplier Naftogaz Ukrainy owed Russian energy giant OAO Gazprom (GAZP.RS) $1.07 billion on Jan. 1 and won't pay 2008 prices for gas it received in November and December, Russian news agencies reported Monday.

PGNiG Signs Letter Of Intent For Iran Natural Gas Development

Δευ, 11 Φεβρουαρίου 2008 - 02:59

Poland's gas monopoly, Polskie Gornictwo Naftowe i Gazownictwo, or PGNiG, Monday said it has signed a letter of intent with Iranian Offshore Oil Company to develop Iranian natural gas fields.

UK-Belgium Gas Link To Change To UK Import Mode 1100 GMT Mon

Δευ, 11 Φεβρουαρίου 2008 - 02:57

The U.K.-Belgium natural gas pipeline will switch the direction of gas flow to import gas into the U.K. from continental Europe at 1100 GMT Monday, the pipeline operator's Web site said.

Fastest Deployed UK Nuclear Reactor Design To Be Picked-Paper

Δευ, 11 Φεβρουαρίου 2008 - 02:56

The speed with which new nuclear power plants can be built will be key to the decision on which atomic reactor designs are selected for use in the U.K., The Times of London reports Monday, citing the government.

CEZ Increases Number Of Planned Windmill Power Stations

Δευ, 11 Φεβρουαρίου 2008 - 02:53

Czech state-controlled power company CEZ AS (BAACEZ.PR) said Monday it intends to build a 48 megawatt windmill park in southeastern Czech Republic.

Bomb Explodes On Gas Pipeline Near Iraqi Town of Tikrit

Δευ, 11 Φεβρουαρίου 2008 - 02:51

A bomb exploded on a gas pipeline near Tikrit at dawn Monday, in northern Iraq, police said.

E.ON: Hungary Gas Supply Secure Despite Russia/Ukraine Spat

Παρ, 8 Φεβρουαρίου 2008 - 06:34

E.On Foldgaz Zrt., the Hungarian natural gas trading unit of Germany's E.ON AG (EON) said Friday that Russia's gas dispute with Ukraine won't affect Hungary's imports from Russia.

Iberdrola Asks Energy Regulator To Limit ACS Voting Rights

Παρ, 8 Φεβρουαρίου 2008 - 06:33

Iberdrola SA (IBE.MC) has asked the Spanish energy regulator CNE to limit the stake holding and voting rights of its top shareholder, Actividades de Construccion y Servicios SA (ACS.MC), after the latter held talks with Electricite de France SA (1024251.FR) about a potential joint bid for Iberdrola.

Iraqi President Welcomes Russian Decision To Write Off Debt

Παρ, 8 Φεβρουαρίου 2008 - 06:31

Iraqi President Jalal Talabani welcomed an expected Russian decision to write off 91% of Iraq's estimated $13 billion debt on Friday, saying it would be a "historic turning point" in relations between the two countries.