English Edition

Italy March Power Demand Down 7% On Year To 26.6 TWh

Παρ, 3 Απριλίου 2009 - 16:03

Terna SpA (TRN.MI), Italy's biggest power grid by capacity, said Friday the country's electricity demand for March fell 7% on the year to 26.6 terawatt-hours, as consumption slowed throughout the nation.

Gazprom CEO: May Cut 2009 Investment Plan

Παρ, 3 Απριλίου 2009 - 16:01

Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) may reduce its investment plan for 2009 due to lower demand, the Interfax news agency reported Friday, citing the company's Chief Executive Alexei Miller.

Areva Signs Pact To Supply MOX Fuel To Japanese Nuclear Plant

Παρ, 3 Απριλίου 2009 - 15:55

French nuclear group Areva SA (CEI.FR) said Friday it has signed a contract to supply MOX fuel assemblies for Japan's Ohma nuclear power plant, scheduled to be in operation in 2014.

Total's Tax Haven Accounts Known To French Authorities

Παρ, 3 Απριλίου 2009 - 15:54

The French tax authorities are fully aware of all the accounts that oil major Total SA (TOT) holds in tax havens Chief Executive Christophe de Margerie said in an interview posted Friday on the Web site of France Info radio.

Hungary Mkt Watchdog To Probe Surgut's MOL Buy

Παρ, 3 Απριλίου 2009 - 15:52

Hungary's capital market watchdog PSZAF has launched a probe into Russian firm OAO Surgutneftegaz (SNGS.RS) purchase of a stake in Hungarian oil and gas company MOL Nyrt. (MOL.BU), PSZAF Spokesman Istvan Binder told Dow Jones Newswires Friday.

Turkey's Enerjisa To Build 30 MW Wind Power Plant

Παρ, 3 Απριλίου 2009 - 15:50

Enerjisa, a partnership of Austrian utility Verbund AG (VER.VI) and Turkey's Haci Omer Sabanci Holding AS (SAHOL.IS), said Friday that it has agreed with Siemens AG to build a 30-megawatt wind power plant in the nortwest Turkish city of Canakkale, the Ihlas News Agency, or IHA, reported.

Portugal's EDP Expects To Invest EUR666M In 2 Hydro Plants

Παρ, 3 Απριλίου 2009 - 15:49

Energias de Portugal SA (EDP.LB), or EDP, expects to invest EUR666 million to build the Alvito and Fridao hydroelectric power plants in Portugal, Diario Economico says Friday.

Areva CEO:Investment Cuts If No Capital Hike

Πεμ, 2 Απριλίου 2009 - 17:24

Areva CEO: Investment Cuts If No Capital Hike- Report" published at 0952 GMT misstated the quality of assets in the third paragraph. The error was also contained in a story published at 0929 GMT.) (Adds further comments from Areva CEO.)

Poland To Transfer 08, 09 CO2 Rights To Cos In Days

Πεμ, 2 Απριλίου 2009 - 17:22

Poland will transfer carbon dioxide emission rights for 2008 and 2009 to companies participating in the European Union's Emissions Trading Scheme in days, a top government official said Thursday.

Total CEO:Iran South Pars Terms Not Attractive Enough

Πεμ, 2 Απριλίου 2009 - 17:20

The terms for investing in the South Pars liquefied natural gas project in Iran aren't currently attractive enough, Total SA (TOT) Chief Executive Christophe de Margerie told delegates at an oil conference Thursday.

OPEC Can Live With Around $50 Oil For Now

Πεμ, 2 Απριλίου 2009 - 17:18

Organization of Petroleum Exporting Countries Secretary General Abdalla Salem el-Badri said Thursday that the producer group can deal with current oil prices of around $50 a barrel, for now, despite the group's desire for even higher prices.

IEA Chief: More Downward Revisions Likely To Oil Demand

Πεμ, 2 Απριλίου 2009 - 17:16

The International Energy Agency Thursday warned that it's likely to make more downward revisions to its global oil demand projections after the International Monetary Fund and other international bodies recently cut their 2009 world economic growth forecasts.