EnBW, Borusan Cooperate On Renewable Energy In Turkey Τρι, 3 Μαρτίου 2009 - 12:25 Energie Baden-Wuerttemberg AG (EBK.XE) has signed a memorandum of understanding with Turkey's Borusan Holdings AS (BRYAT.IS) to build wind parks and hydropower plants in Turkey, the Financial Times Deutschland reports.
Iberdrola, Inter Rao To Sign Energy Cooperation Deal Τρι, 3 Μαρτίου 2009 - 12:23 Spanish electricity company Iberdrola SA (IBE.MC) and Russia's Inter Rao EES OAO (IRAO.RS) Tuesday are slated to sign a cooperation deal, an Iberdrola press official said.
Gazprom 3Q Net Pft RUB131.7B; Below Expectations Τρι, 3 Μαρτίου 2009 - 12:21 OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, Tuesday unveiled a 16% rise in third-quarter net profit, helped by high European export prices, but below analysts' expectations.
CPC Resumes Oil Shipments From Tengiz Oil Field After Leak Τρι, 3 Μαρτίου 2009 - 12:14 The Caspian Pipeline Consortium has said it has fully resumed shipping oil from the giant Tengiz oil field in western Kazakhstan to the Black Sea port of Novorossiysk after a shutdown.
Iran Oil Min: OPEC Compliance 80%,Room To Cut More Τρι, 3 Μαρτίου 2009 - 12:12 Iran's Oil Minister said Monday compliance among the Organization of Petroleum Exporting Countries member nations to implement agreed cuts is at 80%, leaving room for up to 600,000 barrels a day to be taken out of the market.
Gazprom: Ukraine Promises To Pay Bill For Russian Gas On Time Τρι, 3 Μαρτίου 2009 - 12:10 Ukraine pledged to pay for Russian gas delivered in February in full and on time, a spokesman for Gazprom NEFT (SIBN.RS) said Monday.
Zapatero: Spain, Russia To Sign Wide-Reaching Energy Agreement Τρι, 3 Μαρτίου 2009 - 12:05 Russia and Spain will sign a broad energy cooperation agreement Tuesday, Spanish Prime Minister Jose Luis Rodriguez Zapatero said Monday on the first day of a visit by Russia's president.
International Economic Crisis to Delay Financing for Russia-Kazakhstan Natural Gas JV Παρ, 27 Φεβρουαρίου 2009 - 18:22 The international financial crisis is likely to delay a planned joint venture between Russia and Kazakhstan, according to Kazakhstan’s energy and mineral resources Minister Sauat Mynbayev. The 2007 agreement provided for the supply of natural gas from the Karachaganak field in Kazakhstan to Gazprom’s Orenburg processing plant.
Kazakhs May Return Electricity To Darkened Region Παρ, 27 Φεβρουαρίου 2009 - 16:33 Kazakhstan signaled its willingness Friday to resume sending electricity into a shared regional power grid, a day after its decision to halt supply triggered blackouts in neighboring Kyrgyzstan.
Caspian Pipeline Crude Exports Continue Despite Leak Παρ, 27 Φεβρουαρίου 2009 - 16:29 The Caspian Pipeline Consortium said in a statement Friday that exports through the pipeline remained unaffected despite a leak on the pipeline, which carries Kazakh crude oil to the Black Sea.
Medvedev: Russia Seeks Energy Cooperation With Norway Παρ, 27 Φεβρουαρίου 2009 - 16:28 Russia wants to cooperate on energy matters with Norway, a neighbor that has sought access to Russia's huge Arctic gas reserves, President Dmitry Medvedev was quoted as saying Friday.
Enel: Cap Hike Is Being Considered After Endesa Buy Παρ, 27 Φεβρουαρίου 2009 - 16:26 Shares in Italy's biggest utility by market value Enel SpA (ENEL.MI) Friday fell more than 7% after it said it is considering a capital increase to slash its massive debt pile.
MOL CFO Sees Stable Oper Costs, Solid Fincl Position Παρ, 27 Φεβρουαρίου 2009 - 16:25 Hungarian oil and gas company MOL Nyrt. (MOL.BU) will strictly monitor costs in 2009 in order to maintain its solid financial position, MOL Chief Financial Officer Jozsef Molnar said Friday.
Total Signs Offshore Deal With SOCAR In Azerbaijan Παρ, 27 Φεβρουαρίου 2009 - 16:23 Total (TOT) said Friday that it has signed an agreement with Azerbaijan's state-owned SOCAR.
EDP Renovaveis:Spain Forward Sales Mitigate Volatility Risks Παρ, 27 Φεβρουαρίου 2009 - 16:22 Portuguese renewable energy company EDP Renovaveis SA (EDPR.LB) said Friday it is trying to mitigate the risks of volatile energy prices in Spain by making forward sales.
Norway Energy Cos, SSE,RWE Link Up For UK Offshore Wind Bids Πεμ, 26 Φεβρουαρίου 2009 - 17:45 Norway's oil major StatoilHydro ASA (STO) and renewable energy generator Statkraft, U.K. utility Scottish and Southern Energy PLC (SSE.LN) and German utility RWE AG (RWE.XE) have formed a consortium to bid for U.K. offshore wind licenses, the companies said Thursday.