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Constanta-Trieste Pipeline Deal To Sign March 27 - Mediafax

Romania, Serbia, Croatia and Italy will sign an agreement March 27 to build the Pan-European Oil Pipeline linking Constanta in Romania to Trieste in Italy, news agency Mediafax reported Monday.

Bosnian Serbs, EFT Ink EUR660M Power Plant Deal - AFP

The Bosnian Serb government signed a deal Monday with the Energy Financing Team for the London-based group to build a EUR660 million thermal power plant.

Greece Aims To Cut Greenhouse Gas Emissions 16.6% For 2008-12

Greece will cut its greenhouse gas emissions by 16.6% over the period 2008-2012, Environment Minister George Souflias said Monday.

Ethnic Strife Takes Toll On Oil-Rich Kirkuk

As Turkish troops pursue Kurdish rebels inside Iraq, an ethnic political dispute is heating up in this largely Kurdish town where the country's northern oil industry is based.

Solar Power Sector Looks Set to Shine Despite Financing Difficulties from Credit Crunch

Senate Panel To Review Use Of Oil Stockpile By DOE

A U.S. Senate panel this week will review how the government uses the Strategic Petroleum Reserve, a spokesman for the committee said Friday.

Suez May Pay Belgium EUR400M To Keep Nuclear Units Open-Paper

BRUSSELS (Dow Jones)--Suez (SZE.FR) may pay EUR400 million to the Belgian government to postpone the decommissioning of its nuclear plants in Belgium, newspaper L'Echo reported Monday, without citing sources.

Iraqi Oil Minister: No Need For OPEC To Take Action Now

The Organization of Petroleum Exporting Countries doesn't need to take any immediate action in the wake of crude oil prices reaching a record high of slightly above $100 a barrel, Iraqi Oil Minister Hussein al-Shahristani said Monday.

Gazprom Seeks Large Stake In Snam Rete Gas From Eni - Report

ROME (Dow Jones)--OAO Gazprom (GAZP.RS) wants to buy a "relevant" stake in Italy's Snam Rete Gas SpA (SRG.MI) as part of its accord with Eni SpA (E), daily Corriere della Sera reports Monday, without citing its source.

Outlook for Greece’s Economy is Becoming Increasingly Gloomy

The Greek economy outgrew its eurozone partners again in 2007 but it increasingly looks like it will face stronger headwinds than expected this year as world oil prices do not seem to be coming down significantly from record levels, although the credit crisis has started hurting economic activity in the USA and elsewhere.

Energy Watchdog Says Eni Still Dominates Italy Gas Mkt-Report

ROME (Dow Jones)--Energy company Eni SpA (E) still dominates Italy's natural gas market, Corriere della Sera reports Monday, citing an interview with the country's top energy regulator.

Russia's Medvedev Travels To Serbia To Sign Key Pipeline Deal

BELGRADE (AP)--The man expected to win Russia's upcoming presidential election visited Serbia on Monday to sign a multibillion-dollar pipeline agreement -a trip that underscored Moscow's close ties with Belgrade.

Turkey Delays Formal Announcement of First Nuclear Plant Tender

Turkey yesterday delayed the opening of a tender for the construction of the country’s first nuclear power plant. The Energy Ministry was waiting for a government audit agency to comment on the tender’s technical details before potential bidders could be invited, state-run media said. Officials said earlier that it was not clear how long the delay would be.