English Edition

Areva: Siemens Breached Contract With Rosatom Deal

Τετ, 4 Μαρτίου 2009 - 18:06

French nuclear group Areva SA (CEI.FR) Wednesday said industrial conglomerate Siemens AG (SI) breached a contract it held with Areva by signing a memorandum of understanding Tuesday with Russia's state nuclear firm Rosatom to create a joint venture for building nuclear power plants, an Areva spokeswoman told Dow Jones Newswires.

Russian Foreign Minister Urges US To Talk With Iran

Τρι, 3 Μαρτίου 2009 - 12:30

Russian Foreign Minister Sergei Lavrov has urged the U.S. to engage Iran in direct negotiations, the ITAR-Tass news agency reports.

CEZ CEO: Dividend Payout Of 50% To 60% Remains Valid

Τρι, 3 Μαρτίου 2009 - 12:27

Czech power company CEZ AS (BAACEZ.PR) is going to propose a dividend payout of between 50% and 60% of net profit excluding non-recurring item, the company's chairman said Tuesday.

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.