Greece's PPC Eyes New Joint Venture For 880MW Power Plant Τετ, 9 Ιανουαρίου 2008 - 07:55 ATHENS (Dow Jones)--State-controlled Greek electric company Public Power Corporation SA (PPC.AT) said Wednesday it aims to proceed with the construction of an 880 megawatt power in joint venture with a local steelmaker.
Bulgaria NEK Confirms 5 Bids For Belene Nuclear Plant Stake Τετ, 9 Ιανουαρίου 2008 - 07:53 PRAGUE (Dow Jones)--Bulgarian national power generator and grid operator NEK EAD confirmed Wednesday that it has received five non-binding bids to acquire a 49% stake in a nuclear power plant under construction near the northern city of Belene.
Gazprom Increases Gas Supplies To Turkey, Greece Τετ, 9 Ιανουαρίου 2008 - 07:51 LONDON (Dow Jones)--Russian gas monopoly OAO Gazprom (GAZP.RS) said Wednesday that it has increased gas supply to Turkey and Greece, in response to requests made at the end of December.
Russian Stabilization Fund RUB3.849 Trillion Jan 1 - Report Τετ, 9 Ιανουαρίου 2008 - 07:48 MOSCOW (Dow Jones)--The assets in Russia's Stabilization Fund rose to RUB3.849 trillion rubles ($157.50 billion) as of Jan. 1, up from RUB3.517 trillion the previous month, Interfax news agency reported Wednesday, citing a release from the Finance Ministry.
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.