English Edition

French Fin Min: Govt To Sell EdF Stake "As Soon As Possible"

Παρ, 30 Νοεμβρίου 2007 - 03:02

The French government intends to sell part of its stake in majority state-owned utility Electricite de France"as soon as possible," French finance minister Christine Lagarde told reporters Friday.

Greek Development Ministry To Announce PPC Tariff Rise-Report

Παρ, 30 Νοεμβρίου 2007 - 03:00

The Greek Ministry of Development is expected to announce Friday electricity tariff hikes, which were requested by the country's dominant electricity company, Public Power Corporation SA, financial daily newspaper Naftemporiki reports.

Petrom Romania Petrobrazi Refinery Ended Maintenance Nov 11

Παρ, 30 Νοεμβρίου 2007 - 02:56

Romanian oil company Petrom completed full maintenance at its Petrobrazi refinery on Nov. 11, the company said Friday.

OMV:Final Nabucco Pipeline Proj Decision Early '08-Report-AFP

Παρ, 30 Νοεμβρίου 2007 - 02:54

A final decision on whether the European Union's flagship Nabucco gas pipeline can go ahead has been put back until early next year, the Austrian partner in the consortium, OMV AG, according to the WirtschaftsBlatt daily.

South Stream expected to be high on agenda during PM’s Moscow visit

Παρ, 30 Νοεμβρίου 2007 - 01:21

With Greek Prime Minister Costas Karamanlis scheduled to visit Moscow in mid-December, Greece and Russia are expected to focus on the latest energy pipeline linking the countries, the South Stream pipeline project, according to a leading expert in the sector.

Sell-Off In Crude Price Muddies OPEC Options

Πεμ, 29 Νοεμβρίου 2007 - 08:32

NEW YORK (Dow Jones)--The likelihood of $100-a-barrel oil is off the boil - at least for the near term. Crude oil futures prices on the New York Mercantile Exchange, which traded to a record intraday high of $99.29 a barrel just a week ago, slumped to as low as $90.33 on Wednesday.

CEZ Extends Deadline For Talks With MOL On JV

Πεμ, 29 Νοεμβρίου 2007 - 08:27

PRAGUE (Dow Jones)--Czech power company CEZ AS Thursday said that ongoing talks with Hungarian gas and oil company MOL NYRT over creating a joint venture need more time and may not be concluded until some time next year.

ELECTRA Deutschland Signs Up To Trade CO2

Πεμ, 29 Νοεμβρίου 2007 - 08:25

LONDON (Dow Jones)--ELECTRA Deutschland, the German power producing subsidiary of Polish energy company PGE Group, has signed up to trade carbon credits on the European Climate Exchange, the exchange said in a statement Thursday.

Suez Works Council Gives Favorable Opinion On GdF-Suez Merger

Πεμ, 29 Νοεμβρίου 2007 - 08:22

PARIS (Dow Jones)--The works council of Franco-Belgian utility Suez Thursday said it was in favor of the company's merger with state-controlled gas firm Gaz de France, but against the spinoff of Suez's environment operations

IEA Tanaka: Will Use Emergency Stks If Enbridge Woe Warrants

Πεμ, 29 Νοεμβρίου 2007 - 08:16

PARIS (Dow Jones)--The International Energy Agency's Executive Director Nobuo Tanaka said Thursday that it was monitoring events at shut-down Canadian pipelines that feed 1.5 million barrels a day of crude oil to the U.S.

Iraqi Parliament Debates Controversial Kurdistan Oil Deals

Πεμ, 29 Νοεμβρίου 2007 - 08:13

BAGHDAD (AP)--The Kurdish regional government's oil deals with foreign companies drew sharp criticism Thursday in the Iraqi parliament, with some lawmakers saying the contracts set a dangerous precedent for the future of Iraq's vast oil industry.

Hungarian PM Reiterated Stance Against MOL Takeover

Πεμ, 29 Νοεμβρίου 2007 - 08:11

BUDAPEST (Dow Jones)--Hungarian Prime Minister Ferenc Gyurcsany reiterated Wednesday his government's stance that it will protect from hostile takeover companies judged to be of strategic importance, the prime minister's office said.

Gazprom, BP Delay Signing Kovykta Deal

Πεμ, 29 Νοεμβρίου 2007 - 08:09

MOSCOW (Dow Jones)--Russia's natural gas monopoly OAO Gazprom (GAZPR.RS) and BP PLC (BP) will delay signing of Kovykta deal, the news agency Interfax reported Thursday, quoting a Gazprom representative