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EU Energy Invest Plan Is Inadequate For Italy Projs

Παρ, 30 Ιανουαρίου 2009 - 17:02

The Italian government is unsatisfied of the amount set aside by the European Commission in its proposed spending on energy projects in the Mediterranean country, Industry Minister Claudio Scajola said Thursday, threatening not to vote for its approval.

Sweden Refuses To Fast-track Baltic Gas Pipeline

Παρ, 30 Ιανουαρίου 2009 - 16:51

Sweden won't be hurried into giving its blessing to a Russian-German natural gas pipeline project under the Baltic Sea until environmental concerns have been fully addressed, a minister said Friday.

GDF Suez Deputy CEO:Co Will Apply To Handle A 3rd EPR

Παρ, 30 Ιανουαρίου 2009 - 16:48

French power and utility company GDF Suez (GZS.FR) will apply to handle a potential third European pressurized reactor, or EPR, in France, Deputy Chief Executive Jean-Francois Cirelli said Friday in an interview with French television channel France 24.

Iran Min:Tehran Would Be Cooperative If US Amend Policy

Παρ, 30 Ιανουαρίου 2009 - 16:45

Iran's foreign minister said Thursday that Tehran would be "cooperative" in response to changes in U.S. policy, following the revelation that U.S. President Barack Obama's team is drafting a landmark letter to the Islamic Republic aimed at thawing a three-decade freeze in relations, the Guardian reports Friday.

Gazprombank Buys Back $82M Of Outstanding Debt

Παρ, 30 Ιανουαρίου 2009 - 16:40

Russia's Gazprombank, the banking arm of gas monopoly OAO Gazprom (GAZP.RS), has bought-back $82 million of its outstanding debt at a discount to face value, deal manager Credit Suisse said Friday.

Iberdrola Secures EUR83M Deal For Sub-stations In Venezuela

Παρ, 30 Ιανουαρίου 2009 - 16:38

Electricity company Iberdrola SA (IBE.MC) said Friday it has secured an EUR83 million contract to build three electric power substations for Venezuela's state-run company Corpoelec.

Cuba, Russia Presidents To Meet Ahead Of Trade

Πεμ, 29 Ιανουαρίου 2009 - 17:29

Cuban President Raul Castro was to meet his Russian counterpart Dmitry Medvedev Thursday in a bid to revive Soviet-era ties as he paid the first visit to Moscow by a Cuban leader since the Cold War.

Iraq Refuses US Co Blackwater New Operating License

Πεμ, 29 Ιανουαρίου 2009 - 17:21

Iraq will not renew the operating license of U.S. security firm Blackwater Worldwide because of a 2007 incident involving its guards in which civilians were killed in Baghdad, an official said Thursday.

West-To-East Fuel Oil Flow To Slow In February From January

Πεμ, 29 Ιανουαρίου 2009 - 17:18

Asia will receive around 600,000 metric tons less fuel oil from the West in February than in January as supply has tightened in Europe.

Azerbaijan Oil Fund Hits $11.2 Bln In 2008 On High Prices

Πεμ, 29 Ιανουαρίου 2009 - 17:15

Assets in Azerbaijan's state oil fund rose more than fourfold in 2008 to 9 billion manat($11.2 billion) on the back of high oil prices, the fund's director, Shahmar Movsumov said Wednesday.

Kazakh Kazmunaigas EP 2008 Crude Output Up 12.4% On Year

Πεμ, 29 Ιανουαρίου 2009 - 17:09

London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Thursday it produced 11.954 million metric tons, or 239,800 barrels a day, of crude oil in 2008.

EU To Launch Eastern Partnership At May Summit

Πεμ, 29 Ιανουαρίου 2009 - 17:07

European leaders will launch their "Eastern Partnership" to boost ties with six ex-Soviet republics at a Prague summit in May, a Czech European Union presidency source said Thursday.

EU Summit on Nabucco Gas Pipeline Begins in Budapest

Τετ, 28 Ιανουαρίου 2009 - 18:42

"The Nabucco gas pipeline is a very important project and the Czech Republic will do its best in its completion," Czech Prime Minister Mirek Topolanek whose country is currently holding EU presidency. According to him, not only Eastern-European countries but also EU as a whole is convinced in the necessity of Nabucco.