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E.ON Sets Guidance On EUR750M 4-Year Bond At Swaps +1.55

E.ON Sets Guidance On EUR750M 4-Year Bond At Swaps +1.55

German power company E.ON AG (EOAN.XE) has tightened price guidance on its EUR750 million, four-year, benchmark bond, to 155 basis points over mid-swaps, one of the banks managing the deal said Tuesday.

British Energy Restarts 4 Reactors After 17-Mo Outage

British Energy Restarts 4 Reactors After 17-Mo Outage

U.K. nuclear power generator British Energy Tuesday said it had restarted four nuclear reactors, two at Heysham Stage 1 and two at Hartlepool nuclear power stations, following a 17-month outage.

Terna Energy to invest 1.5 bln euros by 2012

Terna Energy to invest 1.5 bln euros by 2012

reek renewable energy company Terna Energy plans to invest about 1.5 billion euros ($1.9 billion) in wind-power capacity by 2012, the chief executive of its parent company, GEK Terna group, said. Greece is struggling to cut its green power shortfalls in a bid to meet EU directives.

Iran, Russia Sign Agreement On Gas Deliveries

Iran, Russia Sign Agreement On Gas Deliveries

Iran and Russia have signed an agreement allowing OAO Gazprom (GAZP.RS) to deliver gas to northern Iran in return for facilitating the delivery of Iranian gas from the south of the country to Persian Gulf countries, the Fars News Agency reports.

Iran To Double Gas Production By 2025

Iran To Double Gas Production By 2025

Iran's oil minister Ghozam Hossein Nozari said Monday the country planned to double its gas production to 400 billion cubic meters a year by 2025.

Finland Needs At Most One More Nuclear Reactor By 2020

Finland Needs At Most One More Nuclear Reactor By 2020

Finland, which is currently building its fifth nuclear reactor, needs at most to build one more reactor in the next decade, Finland's economy minister told a Finnish newspaper Monday.

Edison Ready To Offer ITGI Gas To Bulgaria

Edison Ready To Offer ITGI Gas To Bulgaria

Edison SpA (EDN.MI) is ready to send some Caspian natural gas to Bulgaria through the Italy-Turkey-Greece Interconnector, or ITGI, helping reduce Eastern Europe's dependence on Russian energy, Chief Executive Umberto Quadrino said Friday.

G20: Turkey Fin Min: Real Risk Of Global Depression

G20: Turkey Fin Min: Real Risk Of Global Depression

Turkey's finance minister said Friday the country needs a strong program of support from the International Monetary Fund to handle the global economic downturn, which he said could turn into a worldwide depression.

Kogas Seeks To Join Sakhalin-Vladivostok Pipeline Proj

Kogas Seeks To Join Sakhalin-Vladivostok Pipeline Proj

Korea Gas Corp. (036460.SE) is seeking to participate in a project to build a 2,000-kilometer natural gas pipeline connecting Sakhalin and Vladivostok, an official at Kogas said Monday.

Climate change at heart of water conference in Istanbul

Climate change at heart of water conference in Istanbul

Climate change, the global economic meltdown and the role of big water companies are on the agenda for thousands of delegates at a conference starting today and running to March 22 in Turkey, focused on the world’s water resources.

OIL DATA: IEA Cuts Demand, But Supply Risks Rise

OIL DATA: IEA Cuts Demand, But Supply Risks Rise

LONDON (Dow Jones)--The International Energy Agency trimmed 270,000 barrels a day from its 2009 world oil consumption forecast Friday but warned that tightening oil supply dynamics could result in a swift drop in industrialized countries' oil stockpiles.