English Edition

GDF Not Interested EDF's UK Power Network

Δευ, 26 Οκτωβρίου 2009 - 20:41

French utility GDF Suez SA (GSZ.FR) isn't interested in buying the power network Electricite de France SA (EDF.FR) has put on sale in the U.K., Chief Executive Gerard Mestrallet told Le Figaro in an interview.

Nuclear Power

Δευ, 26 Οκτωβρίου 2009 - 17:02

RWE has changed its mind about Bulgaria’s Belene nuclear power plant project, Economy and Energy Minister Traicho Traikov said yesterday, indicating the German utility may walk out of the project. RWE was not immediately available for comment.

Red Tape Holds Back Green Energy Projects

Δευ, 26 Οκτωβρίου 2009 - 17:00

Greece, one of Europe’s most windy and sunny countries, risks missing its green energy targets and losing billions of euros in investment as a result of bureaucratic obstacles, a top industry player said yesterday. Greece’s new Socialist government has a target to produce one-fifth of the country’s energy from clean sources by 2020, said George Peristeris, chairman of the Association of Renewable Electricity Producers.

Lukoil Bond Plans To Test Demand For Russian Debt

Παρ, 23 Οκτωβρίου 2009 - 20:16

Russia's oil giant Lukoil's (LUKOY) likely intention to tap the international bond market could go a long way toward showing whether investor sentiment towards Russian debt has improved.

French Min Pessimistic On Iran Response To IAEA Proposal

Παρ, 23 Οκτωβρίου 2009 - 20:15

Signs that Iran would agree to an International Atomic Energy Agency-brokered deal on its nuclear program were "not positive," French Foreign Minister Bernard Kouchner said in Lebanon Friday.

Gazprom, GDF Suez Sign Staff Cooperation Pact

Παρ, 23 Οκτωβρίου 2009 - 20:14

Russian gas producer OAO Gazprom (GAZP.RS) said Friday it has agreed on a staff training program with French utility firm GDF Suez SA (GSZ.FR), as the two companies prepare for future joint projects.

Turkmenistan Completes China Pipeline Work

Παρ, 23 Οκτωβρίου 2009 - 20:13

Turkmenistan has completed construction on its part of a 7,000-kilometer (4,350-mile) natural gas pipeline from Turkmenistan to China, state media said Friday.

OMV CEO: Expects Oil Price Of $60 To $80 In Years Ahead

Παρ, 23 Οκτωβρίου 2009 - 20:12

Austrian oil and gas company OMV AG (OMV.VI) expects the average oil price to move within a band of $60 to $80 in the coming years, its chief executive said Friday.

EU: EDF Offers Commitments To Buy Majority Stake In SPE

Παρ, 23 Οκτωβρίου 2009 - 20:11

The European Commission Friday said French utility Electricite de France SA (EDF.FR) had offered commitments to gain regulatory clearance to buy a majority stake in Belgian energy company SPE.

Energy Plans

Παρ, 23 Οκτωβρίου 2009 - 15:38

Italy’s energy provider Petrolvilla plans to build a 100-million-euro hydropower cascade in Bulgaria and is also considering the construction of a 150-million-euro solar park, a company official said. It is also in talks with Italian utility Enel for joint participation in the planned hydro project along the Maritsa River in southern Bulgaria, Petrolvilla’s chief executive for Bulgaria, Plamen Dilkov, told Reuters.

A Strategic Alliance Between Hellenic Petroleum - Elpedison

Παρ, 23 Οκτωβρίου 2009 - 15:30

Hellenic Petroleum S.A. announces today, within the framework of the agreement to form a strategic alliance with Italy’s Edison SpA that was signed on 3 July 2008, the merger through absorption of Thisvi S.A. (which was 65%-owned by Elpedison B.V. and 35%-owned by Hellenic Energy & Development S.A. and Halcor S.A.) with Energiaki Thessalonikis S.A., which has been renamed to Elpedison Power Generation S.A. (was 100%-owned by Elpedison B.V.).