English Edition

Azerbaijan Can Offer 7 BCM/Year Gas For Nabucco

Παρ, 2 Οκτωβρίου 2009 - 19:00

Azerbaijan can supply around 7 billion cubic meters of natural gas to be transported through Nabucco, when and if the pipeline becomes operational, an official of the Azeri state oil company Socar told the Black Sea Energy and Economic Forum in Bucharest, news agency Mediafax reported.

Terna plans for Balkans, Asia, South America

Παρ, 2 Οκτωβρίου 2009 - 13:35

Terna Energy SA, a Greek alternative energy producer, plans to expand into markets in the Balkans, Asia and South America, according to a company presentation posted on the Athens Exchange’s website by GEK Terna, the Greek builder. GEK Terna plans to have a quarter of construction sales coming from outside Greece in the next three years, according to the presentation.

Iran, Powers To Talk Again Before End-Oct

Πεμ, 1 Οκτωβρίου 2009 - 18:32

Iran and world powers have agreed to hold another round of talks before the end of the month, state-owned Press TV and Al-Alam television channels reported on Thursday.

Gazprom, Shell JV Gets $1.4 Bln Credit Line

Πεμ, 1 Οκτωβρίου 2009 - 18:30

Sakhalin Energy, a joint venture between OAO Gazprom (GAZP.RS) with Royal Dutch Shell PLC (RDSA), has secured a $1.4 billion credit line to fund its Sakhalin-2 oil and gas offshore project in Russia's Far East, the company said Thursday.

Romania Receives Offer Of 7.3 BCM Of Gas Via Nabucco

Πεμ, 1 Οκτωβρίου 2009 - 18:28

Romania has been offered the option to receive 7.3 billion cubic meters of natural gas via the Nabucco project, amounting to nearly one quarter of the pipeline's planned annual capacity, news agency Mediafax reports officials of the Economy Ministry as saying Thursday.

Gazprom Launches North American Gas Trading Business

Πεμ, 1 Οκτωβρίου 2009 - 18:26

Russia's OAO Gazprom (GAZP.RS), the world's biggest producer of natural gas, said Thursday it has made its first entry into the U.S. market, trading and marketing natural gas.

Nabucco Gas Pipe To Tap Iraq, Azerbaijan As 1st Sources

Πεμ, 1 Οκτωβρίου 2009 - 18:25

The Nabucco pipeline aimed at pumping gas to Europe bypassing Russia will use Iraq and Azerbaijan as its first main sources, the head of the company running the project said Thursday.

Enel Cuts Interim Dividend To EUR0.10/Shr Vs EUR0.20 Yr Ago

Πεμ, 1 Οκτωβρίου 2009 - 18:23

Enel SpA (ENEL.MI) said Thursday it halved its interim dividend on the year, as the Italian utility implements a new policy aimed at reducing its towering debt pile.

Gazprom To Double Gas Export To Denmark Via Nord Stream Pipe

Πεμ, 1 Οκτωβρίου 2009 - 18:22

Russia's OAO Gazprom (GAZP.RS) has agreed to double shipments of natural gas to Denmark through the Nord Stream pipeline, the Russian company said Thursday.

Gas Price Hike

Πεμ, 1 Οκτωβρίου 2009 - 14:58

Bulgaria’s energy regulator decided yesterday to raise wholesale natural gas prices by 2.49 percent from October 1 to reflect higher alternative fuel prices on international markets. The State Commission for Energy and Water Regulation set gas prices at 374 levs ($278.7) per 1,000 cubic meters for the last quarter of the year from 365 levs now to reflect also a stronger US dollar.

Elinoil to Focus on Biofuels

Πεμ, 1 Οκτωβρίου 2009 - 14:56

Fuel company Elinoil stated yesterday that its greater participation in the biofuel industry is a strategic target for the company, via its Elin Biofuels subsidiary, founded three years ago. It added that the group is focusing on increasing its sales volume, which last year grew by 22.7 percent annually to reach 746.6 million euros.

Ukrainian, Russian Presidents To Meet In Moldova In October

Τετ, 30 Σεπτεμβρίου 2009 - 18:08

Ukrainian President Viktor Yushchenko said Wednesday he would meet with his Russian counterpart Dmitry Medvedev early next month, after the Kremlin had snubbed his earlier attempts for talks in the worst post-Soviet crisis in bilateral ties.

Egypt Targets EGP200B Oil,Gas Exports

Τετ, 30 Σεπτεμβρίου 2009 - 17:59

Egypt wants to more than double its oil and gas exports to 200 billion Egyptian pounds ($36.1 billion) annually over the next four years from about EGP95 billion now, the country's trade minister said Wednesday.