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Eni Signs Gazprom Deal To Boost South Stream Proj To 47BCM/Yr

Eni Signs Gazprom Deal To Boost South Stream Proj To 47BCM/Yr

Παρ, 15 Μαΐου 2009 - 19:19

Eni SpA (E), Italy's biggest energy company by market capitalization, said Friday it signed a new understanding agreement with OAO Gazprom (GAZP.RS) that will boost the project's annual natural gas capacity to 47 billion cubic meters from the original 31 billion.

E.ON Ruhrgas: To Invest EUR400M In Gas Pipeline Expansion

E.ON Ruhrgas: To Invest EUR400M In Gas Pipeline Expansion

Πεμ, 14 Μαΐου 2009 - 17:15

E.ON Ruhrgas AG, Germany's largest importer of natural gas, Thursday said it intends to invest EUR400 million for the creation of new gas pipelines and the expansion of existing capacities by 2012.

Gazprom Sells Stake In Moscow Power Generator

Gazprom Sells Stake In Moscow Power Generator

Πεμ, 14 Μαΐου 2009 - 17:12

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) has sold its 7.6% stake in Moscow Integrated Power Company, or MOEK (MOEK.RS), to MOEK's subsidiary MOEK-Finance LLC, the generator's deputy chief Oleg Gorelov said, Prime-Tass reports Thursday.

Gazprom, Eni To Sign South Stream Document Fri

Gazprom, Eni To Sign South Stream Document Fri

Πεμ, 14 Μαΐου 2009 - 16:12

Russian gas firm OAO Gazprom (GAZP.RS) will sign a deal Friday with Italy's Eni SpA (E) on the South Stream pipeline, a Gazprom spokesman said Thursday without giving details.

Eni Is Mulling Takeover Bid For Maurel Et Prom

Eni Is Mulling Takeover Bid For Maurel Et Prom

Πεμ, 14 Μαΐου 2009 - 16:09

Eni (E) SpA is considering making a takeover offer for French oil company Etablissements Maurel et Prom SA (5107.FR) in a deal worth at least EUR1.5 billion, Italian daily Il Sole 24 Ore reports Thursday, without citing its source.

IMF Wants Speedy Action on Deficits

IMF Wants Speedy Action on Deficits

Πεμ, 14 Μαΐου 2009 - 15:09

The International Monetary Fund sees Greece’s economy shrinking by around 1 percent this year to be followed by a number of years of weak growth if nothing is done to reduce its large budget shortfall and current account deficit.

Self-Service Gas Stations to Be Introduced

Self-Service Gas Stations to Be Introduced

Πεμ, 14 Μαΐου 2009 - 15:06

Self-service gas stations and automated petrol pumps offering fuel around the clock are likely to be introduced to the Greek market soon, after the Development Ministry announced they will be allowed to operate in the country.

Scotlands Biggest Nuclear Waste Store Approved

Scotland's Biggest Nuclear Waste Store Approved

Τετ, 13 Μαΐου 2009 - 17:09

Construction is expected to begin next year on the largest store and treatment plant in Scotland to deal with radioactive waste, the BBC reports on its Web site Wednesday.

BP: Awarded Two Oil, Gas Exploration Blocks In Egypt

BP: Awarded Two Oil, Gas Exploration Blocks In Egypt

Τετ, 13 Μαΐου 2009 - 17:08

BP PLC (BP) said Wednesday it has been awarded two blocks to explore for hydrocarbons offshore Egypt, a country which is already a significant producer and exporter of natural gas.

Economic Flaws Pose Russia Security Risk

Economic Flaws Pose Russia Security Risk

Τετ, 13 Μαΐου 2009 - 17:07

The Russian economy's dependence on natural resources exports and external markets poses a "strategic risk" to the security of the country, a new Kremlin security blueprint said Wednesday.

E.ON Confirms 2010 EBIT Outlook

E.ON Confirms 2010 EBIT Outlook

Τετ, 13 Μαΐου 2009 - 17:02

German utility E.ON AG (EOAN.XE) Wednesday confirmed its 2010 outlook for a 10% rise in adjusted earnings before interests and taxes, or EBIT, to around EUR11 billion.