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E.ON Receives 6 Non-Binding Offers For Italy Gas Grid

E.ON Receives 6 Non-Binding Offers For Italy Gas Grid

E.ON AG (EOAN.XE) has received six non-binding offers for its Italian natural gas transmission network, which is valued at EUR500 million to EUR600 million, reports Italian daily la Repubblica Thursday, without citing its sources.

Ukraine Has Flexibility On IMF Loan; Could Be Used For

Ukraine Has Flexibility On IMF Loan; Could Be Used For

A key International Monetary Fund staffer Wednesday suggested that Ukraine has the flexibility to use the third $3.3 billion tranche of its IMF loan to pay Russia for natural gas supplies.

Cuba, Russia Sign Deal On Zarubezhnefts Gulf Oil Ops

Cuba, Russia Sign Deal On Zarubezhneft's Gulf Oil Ops

Russia and Cuba signed a preliminary agreement on Russian oil company Zarubezhneft's operations in Cuba's exclusive economic zone in the Gulf of Mexico, RIA-Novosti news agency reports Wednesday.

Iran, Malaysias Petronas In Caspian Development Talks

Iran, Malaysia's Petronas In Caspian Development Talks

A senior Iranian oil official said Iran will start exploration activities in block 6 of the Caspian Sea in one month and is in talks with Malaysia's Petroliam Nasional Berhad, or Petronas, to contract seismic operations in the Caspian, the oil ministry's official Shana news Web site reports Monday.

Energy-saving program for older homes

Energy-saving program for older homes

About 20,000 to 30,000 older buildings could be set for an energy upgrade via the new measures announced yesterday by Development Minister Costis Hatzidakis (left). The ‘Saving at Home’ program concerns buildings whose permits were issued before July 1979 and will fund total work of 1 billion euros using some 400 million euros in state subsidies, and benefiting some 100,000 households, or 400,000 people, in Greece.

Montenegro gives PPC a deadline

Montenegro gives PPC a deadline

Montenegro has given Greece’s Public Power Corporation (PPC) a July 29 deadline to drop all the conditions attached to its 127-million-euro bid for the power monopoly Elektroprivreda Crne Gore (EPCG), or lose the tender despite making the most attractive bid, a senior source said yesterday.

Iran Plans To Build 400 More CNG Stations

Iran Plans To Build 400 More CNG Stations

Iran's oil minister said the country plans to build an additional 400 compressed natural gas, or CNG, stations by next March in an effort to reduce gasoline consumption, the Iran Daily newspaper reports Monday.

Russia Deputy PM In Nicaragua For Trade, Energy Talks

Russia Deputy PM In Nicaragua For Trade, Energy Talks

Russian Deputy Prime Minister Igor Sechin continues his Latin American tour Tuesday with his third visit to Nicaragua in the past 12 months, Russian news agency RIA Novosti reports on its Web site Tuesday.

Iran, Malaysias Petronas In Caspian Development Talks

Iran, Malaysia's Petronas In Caspian Development Talks

A senior Iranian oil official said Iran will start exploration activities in block 6 of the Caspian Sea in one month and is in talks with Malaysia's Petroliam Nasional Berhad, or Petronas, to contract seismic operations in the Caspian, the oil ministry's official Shana news Web site reports Monday.

Iran Oil Min: Price Of Turkmen Gas Imports Halved

Iran Oil Min: Price Of Turkmen Gas Imports Halved

Iran's oil minister said Sunday the price for Iran's gas imports from Turkmenistan was reduced by half in the Islamic republic's recent gas negotiations with the Central Asian country, the oil ministry's official Shana news web site reports Sunday.