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EDF To Await Commission's OK Before Centrica Talks

Τετ, 1 Οκτωβρίου 2008 - 14:01

French state-controlled power giant Electricite de France SA (1024251.FR) wants to wait for the European Commission's approval of its acquisition of British Energy PLC (BGY.LN), before it makes an agreement with British utility Centrica PLC (CNA.LN), French daily Les Echos said Wednesday.

Eni, Gazprom To Wrap Libyan Deal By Oct 15

Τετ, 1 Οκτωβρίου 2008 - 14:00

Italian oil and gas giant Eni SpA (E) will sell Russia's Gazprom OAO (GAZP.RS) half of its stake in Eni's Libyan oil field Elephant by mid-October, Il Sole-24 Ore reports Wednesday.

Gazprom Neft 2Q Net Rises 85% On Volumes, Prices

Τετ, 1 Οκτωβρίου 2008 - 13:59

OAO Gazprom Neft (SIBN.RS), the oil arm of Russian gas monopoly OAO Gazprom (GAZP.RS), Tuesday said its second-quarter net profit grew 85% in 2008, as it produced more oil and sold it at higher prices.

Iran May Limit IAEA's Access To Nuclear Sites

Τετ, 1 Οκτωβρίου 2008 - 13:58

Iran's parliament may limit the U.N. watchdog's inspections of the country's nuclear sites following a new U.N. resolution against Tehran over its atomic program, a senior Iranian lawmaker said Tuesday.

After Georgia War, Germany And Russia Get Back To Business

Τετ, 1 Οκτωβρίου 2008 - 13:56

Germany and Russia will on Thursday hold their first broad government consultations since the stress sparked by the Georgia crisis, with both sides hoping to get back to business as usual.

Victoria Oil & Gas Wins Kemerkol Damages, Injunction

Τετ, 1 Οκτωβρίου 2008 - 13:46

Victoria Oil & Gas, an AIM-quoted oil and gas exploration company, said Wednesday successful in gaining a judgement in default in the High Court of Justice in London against Olga Elefteriadi for breach of warranties under the sale and purchase agreement signed between her and the Company.

Darkness Εnvelops PPC Αfter Forecast

Τρι, 30 Σεπτεμβρίου 2008 - 15:52

The warning of a drop in profits from Greece's largest power company Public Power Company (PPC) sent its shares more than 20 percent lower on the Athens bourse yesterday, prompting unions to sue management for its «economic collapse.»

EU's Solana To Visit Georgia Tuesday

Τρι, 30 Σεπτεμβρίου 2008 - 12:38

European Union foreign policy chief Javier Solana will visit Georgia Tuesday ahead of the deployment of an E.U. mission to help stabilize the country, a Georgian official told AFP.

Eni To Sign Binding Document With Gazprom In Strategic Deal

Τρι, 30 Σεπτεμβρίου 2008 - 12:37

Eni SpA (E) Chief Executive Paolo Scaroni met in Moscow Monday with the chairman of Russia's Gazprom (GAZP.RS), Alexei Miller, making "further progress" in the strategic partnership agreement between the two energy giants, Eni said.

South Korea, Russia Reach Natural-Gas Deal

Τρι, 30 Σεπτεμβρίου 2008 - 12:35

South Korea has agreed to import natural gas from Russia for 30 years starting in 2015, part of a $102 billion bilateral gas and chemical deal.

E.ON Gas Grid GmbH Names Matthias Lenz Managing Director

Τρι, 30 Σεπτεμβρίου 2008 - 12:34

In late September, Matthias Lenz was appointed new Managing Director of E.ON Gas Grid GmbH, the company said Tuesday.

EVN, Enel, CEZ Place Bids For Albanian Pwr Distributor

Τρι, 30 Σεπτεμβρίου 2008 - 12:32

Austrian regional power supplier EVN AG (EVNV.VI) is about to place a binding bid for state-owned Albanian power distribution company OSSH, financial daily Wirtschaftsblatt reports Tuesday.

Egypt To Boost Baraka Oilfield Output To 2,000 B/D

Τρι, 30 Σεπτεμβρίου 2008 - 12:31

Egypt has begun implementing a plan to boost the output of Al Baraka oilfield in Upper Egypt to 2,000 barrels a day, Cairo-based Al Ahram daily reports Tuesday.