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ELECTRA Deutschland Signs Up To Trade CO2

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

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

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

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

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

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

IEA Assures On Emergency Stks As Prices Spike On Fire

IEA Assures On Emergency Stks As Prices Spike On Fire

Πεμ, 29 Νοεμβρίου 2007 - 08:04

LONDON (Dow Jones)--The International Energy Agency said Thursday that there are enough oil stockpiles available to ease a rising risk of a major supply shutdown, an assurance that coincided with a large shutdown of oil flows from Canada to the U.S. in the wake of a fatal fire that sent oil prices higher.

Edison Welcomes EUs Carbon Cap Plan

Edison Welcomes EU's Carbon Cap Plan

Πεμ, 29 Νοεμβρίου 2007 - 08:04

ROME (Dow Jones)--Edison SpA, one of Italy's biggest power and natural gas companies, doesn't see the European Union's carbon dioxide emissions cap for the 2008-2012 period hitting its profits, Chief Executive Umberto Quadrino said Thursday.

Turk N-plant Project to Start in February

Turk N-plant Project to Start in February

Πεμ, 29 Νοεμβρίου 2007 - 03:34

Turkish authorities are expected to invite bids for the construction of the country’s first nuclear power plant in February, Energy Minister Hilmi Guler said yesterday.

Power Price Hikes Set to Hurt Medium-Use Consumers Most

Power Price Hikes Set to Hurt Medium-Use Consumers Most

Πεμ, 29 Νοεμβρίου 2007 - 03:29

Development Minister Christos Folias is expected to signature tomorrow the decision regarding the electricity rate rises, based on the proposal submitted to him yesterday by the Regulatory Authority for Energy (RAE).

Turkey To Invite Bids For Nuclear Plant In April

Turkey To Invite Bids For Nuclear Plant In April

Πεμ, 29 Νοεμβρίου 2007 - 01:18

ISTANBUL (Dow Jones)--Turkish Energy Minister Hilmi Guler said Wednesday the government plans to invite bids for a tender to construct the country's first nuclear power plant in April 2008, the Ihlas News Agency, or IHA, reported.

As Oil Hits Records, All Eyes On OPEC December Meeting

As Oil Hits Records, All Eyes On OPEC December Meeting

Τετ, 28 Νοεμβρίου 2007 - 09:01

NEW YORK (Dow Jones)--With only its third heads of state summit out of the way, all eyes are on the Dec. 5 OPEC output policy meeting as oil prices again hit record highs Tuesday. Heads of state from the Organization of Petroleum Exporting Countries ruled out making any changes to oil output at the weekend summit - only the third in its 47-year history.

OPEC Price Hawks May Gain Ally In Ecuadors Return

OPEC Price Hawks May Gain Ally In Ecuador's Return

Τετ, 28 Νοεμβρίου 2007 - 08:55

Ecuador, OPEC's tiniest oil producer when it left the cartel in 1992, says it has been welcomed back. Carrying a fat check to cover $5 million in back dues, and its sliding oil output of around 500,000 barrels a day, Ecuador says it wants a seat at the Nov. 17 OPEC heads of state summit in Riyadh, Saudi Arabia.

Saudi Oil Min:OPEC Needs To Look At Data Then Decide On Policy

Saudi Oil Min:OPEC Needs To Look At Data Then Decide On Policy

Τετ, 28 Νοεμβρίου 2007 - 02:36

Saudi Arabia Minister of Petroleum Ali Naimi said Wednesday that the Organization of Petroleum Exporting Countries needs to look at data on the global oil market to decide whether it needs to increase output further.

Hungary MOL Declines To Comment On Rumored Premier Oil Buy

Hungary MOL Declines To Comment On Rumored Premier Oil Buy

Τετ, 28 Νοεμβρίου 2007 - 02:35

Hungarian oil and gas company MOL Nyrt. declined to comment Wednesday on market speculation and media reports that the company is eyeing U.K-listed Premier Oil as a potential acquisition target.