English Edition

Repsol Chmn:Crisis Makes Latin Amer Oil Projs More Expensive

Τετ, 19 Νοεμβρίου 2008 - 12:31

The current financial crisis is likely to make oil and gas projects in Latin America more expensive, Antonio Brufau, chairman of Spanish oil company Repsol-YPF (REP) said Wednesday.

EU Mulls CO2 Emission Allowances Break For Eastern Europe

Τετ, 19 Νοεμβρίου 2008 - 12:29

Power stations in eastern Europe could receive millions of euros of free carbon emission allowances to overcome opposition to a European Union climate pact, The Financial Times reports on its Web site Wednesday.

Iran A Threat To UAE, Mideast Financial Systems

Τετ, 19 Νοεμβρίου 2008 - 12:27

Financial systems in the U.A.E. and Middle East are under the threat of being used by Iran to finance its nuclear and missile programs as well as fund terrorism, a U.S. official said Wednesday.

Italy's Edison May Sell 25% Of Abu Qir Project To EDF

Τετ, 19 Νοεμβρίου 2008 - 12:26

Italian utility Edison SpA (EDN.MI) may sell a 25% stake in Egypt's Abu-Qir gas field project to Electricite de France SA (1024251.FR) in an attempt to prevent an enlargement of its debt, La Repubblica reported in its Wednesday Internet edition.

Gas Supply

Τρι, 18 Νοεμβρίου 2008 - 17:37

Turkey said yesterday Iran had given assurances it would not cut its gas exports this winter, after supplies to Turkey were disrupted last winter.

Iberdrola gets OK to buy remainder of Rokas

Τρι, 18 Νοεμβρίου 2008 - 17:33

Iberdrola SA, the world’s largest wind-park operator, said it got Greek approval to buy the remainder of C. Rokas SA. The Hellenic Capital Market Commission approved the purchase on November 14, the Madrid-based company said in a statement posted yesterday on its website.

EDF Tightens Price Guidance On 4-Year Euro Benchmark Bond

Τρι, 18 Νοεμβρίου 2008 - 12:22

French state-controlled utility Electricite de France SA (1024251.FR) has tightened price guidance to 210 basis points over mid-swaps for its upcoming four-year, euro-denominated, benchmark bond, one of the banks managing the deal said Tuesday.

Austria, Turkmenistan To Strengthen Political, Economic Ties

Τρι, 18 Νοεμβρίου 2008 - 12:21

Austria and Turkmenistan agreed Monday to strengthen political and economic ties, especially in the energy sector, during an official visit to Austria by Turkmen President Gurbanguly Berdymukhamedov.

Turkey, Exxon To Sign Black Sea Oil Exploration Deal Wed

Τρι, 18 Νοεμβρίου 2008 - 12:20

Turkish state oil company TPAO and U.S. company Exxon Mobil Corp. (XOM) will hold a signing ceremony Wednesday for the TPAO-ExxonMobil Partnership for oil exploration in the Black Sea, TPAO said Monday.

Turkish Prime Minister Vows To Work With Obama

Τρι, 18 Νοεμβρίου 2008 - 12:17

On the eve before the Group of 20 nations meet to come up with a global solution to the financial crisis, Turkish Prime Minister Recep Tayyid Erdogan pledged to work with President-elect Barack Obama to achieve peace and stem the world's economic woes.

Iran And Turkey Sign Deal To Transfer Gas To Europe

Τρι, 18 Νοεμβρίου 2008 - 12:14

Turkey and Iran signed a memorandum of understanding late Monday on the development of three phases of Iran's South Pars gas field and to transfer gas to Europe, Turkish Energy Minister Hilmi Guler said, the Ihlas News Agency, or IHA, reported Tuesday.

Russian Stocks Slide Further On Oil

Τρι, 18 Νοεμβρίου 2008 - 12:13

Russian stock indexes fell further Monday as oil prices dropped and equity markets around the world posted losses.

Gazprom Blames Georgia For Interrupted S Ossetia Gas Deliveries

Τρι, 18 Νοεμβρίου 2008 - 12:11

Russian state-controlled gas giant Gazprom (GAZP.RS) accused Georgia Monday of interrupting gas deliveries to South Ossetia and said the rebel Georgian region would be supplied directly from Russia next year.