English Edition

OPEC Revises 09 World Oil Demand Dn 0.4M B/D

Παρ, 13 Μαρτίου 2009 - 16:24

LONDON (Dow Jones)--The Organization of Petroleum Exporting Countries Friday cut its global oil demand estimate for 2009, as it reiterated that the faltering world economy continues to erode demand for oil.

Putin: Russia Doesn't Want 'To Finish Off' Ukraine

Πεμ, 12 Μαρτίου 2009 - 18:25

MOSCOW (AFP)--Russian Prime Minister Vladimir Putin said Thursday that his government hadn't slapped gas fines on Ukraine as it didn't want to "finish off" a state on the verge of bankruptcy.

EU Imposes Duties On Biodiesel Imported From US

Πεμ, 12 Μαρτίου 2009 - 17:55

BRUSSELS (Dow Jones)--The European Union Thursday said it will place steep duties on biodiesel imported from the U.S. to offset a subsidy the U.S. government gives to its biodiesel refiners.

KazMunaiGas EP 4Q Net Income Down 58% To KZT22.74 Bln

Πεμ, 12 Μαρτίου 2009 - 17:52

ALMATY, Kazakhstan (Dow Jones)--London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Thursday its 2008 fourth- quarter net income fell 57.6% on year to 22.74 billion tenge ($151.1 million).

Venezuela Seeks OPEC Output Cut Amid Falling Oil Prices

Πεμ, 12 Μαρτίου 2009 - 17:50

CARACAS (AFP)--Venezuela will urge the Organization of Petroleum Exporting Countries to cut production to prop up sagging oil prices when the group meets Sunday in Vienna, the parliament's energy commission chief said Wednesday, echoing a call by Energy Minister Rafael Ramirez.

EDF-EN CEO: New French Rules Could Restrain Wind Pwr - Report

Πεμ, 12 Μαρτίου 2009 - 17:44

PARIS (Dow Jones)-- The chief executive of EDF Energies Nouvelles (EEN.FR), a renewable energy business half owned by Electricite de France SA (EDF.FR), tells Le Revenu magazine that planned regulatory and tax changes could hold back the development of wind power in France

Enel Doesn't Plan To Exit Renewables JV With Union Fenosa

Πεμ, 12 Μαρτίου 2009 - 17:37

ROME (Dow Jones)--Enel SpA (ENEL.MI), Italy's biggest utility, doesn't plan to exit the renewable energy joint venture it has with Union Fenosa SA (UNF.MC) as it is satisfied with the current partnership, said Chief Executive Fulvio Conti Thursday.

Iraqi Kurdish Region Pres Slams Baghdad Oil Ministry - Report

Πεμ, 12 Μαρτίου 2009 - 17:18

The president of Iraq's Kurdish Regional Government, Massoud Barzani, has slammed the central government's Oil Ministry over the dispute about the distribution of oil wealth, in an interview with the Financial Times published Thursday

Bulgarian Bulgargaz Offers 10% Lower Prices

Τετ, 11 Μαρτίου 2009 - 17:39

The Bulgarian gas supply company Bulgargaz has proposed the State Energy and Water Regulatory Commission to lower the natural gas prices by 10,53%. Bulgargaz demands a price of BGN 549,96 per 1000 m3 (no value added tax included), which is BGN 64.7 per 1000 m3 less, compared to the current price.

Iran's Supreme Leader Doubts Obama's Promise Of Change-Report

Τετ, 11 Μαρτίου 2009 - 17:35

LONDON (Dow Jones)--Iran's supreme leader, Ayatollah Khamenei, Wednesday downplayed U.S. President Barack Obama's pledge to bring about "change" in White House policies, Iran's state-run Press TV reports on its Web site

Total: Still In Talks With Iran Authorities Over South Pars

Τετ, 11 Μαρτίου 2009 - 17:35

French oil major Total SA (TOT) is still in talks with Iranian authorities about the company's possible participation in the development of the South Pars gas field, a Total spokesman said Wednesday

Iran: Total Will Have No Active Role in Development of South Pars project

Τετ, 11 Μαρτίου 2009 - 17:34

TEHRAN (AFP)--A top Iranian official said Wednesday that French energy group Total SA (TOT) would have no "active role" in developing a huge gas field in Iran and that a new partner had been found for the project.

Italy's F2i, Valiance Bid For Enel Network Assets - Newspaper

Τετ, 11 Μαρτίου 2009 - 17:33

Two groups have each offered about EUR1.3 billion for a 70% stake in Enel SpA's (ENEL.MI) gas distribution network, Il Sole-24 Ore reports Wednesday, without citing its sources. One bidding group is led by Italian infrastructure fund F2i, and the other is led by Assicurazioni Generali SpA's (G.MI) Valiance fund.