English Edition

EdF Asking Government For Power Tariff Rise

Παρ, 1 Αυγούστου 2008 - 12:12

French state-controlled power giant Electricite de France SA (1024251.FR) has asked the government to raise regulated power tariffs, Chief Executive Pierre Gadonneix said Friday.

Enel CEO: Sees 2008, 2009 Ebitda Above Expectations

Παρ, 1 Αυγούστου 2008 - 12:10

Enel SpA (ENEL.MI), Italy's biggest utility by revenue, expects 2008 and 2009 earnings before interest, taxes, depreciation and amortization, or Ebitda, to top expectations, Chief Executive Fulvio Conti said Friday, adding that the company's outlook is better than announced in March.

Greek Min Urges Faster Pace On Russian-Run Pipe Projs

Παρ, 1 Αυγούστου 2008 - 12:09

Greek Development Minister Christos Folias called Thursday for the Russian-controlled South Stream and Burgas-Alexandroupolis pipeline projects to be speeded up, Prime Tass reported.

Libya In Talks With Russia For Weapons, Nuclear Deal

Παρ, 1 Αυγούστου 2008 - 12:07

Libya is negotiating with Moscow to buy Russian weapons and for the construction of a nuclear power station, the countries' prime ministers said on Thursday.

StatoilHydro To Commit Against Further Investment In Iran

Παρ, 1 Αυγούστου 2008 - 12:05

Norwegian oil company StatoilHydro ASA (STO) is to become the latest western energy company to commit against investment in Iran, the Financial Times reports Friday.

Israel Expresses Concern At German-Iranian Gas Project

Παρ, 1 Αυγούστου 2008 - 12:03

Israel expressed concern on Thursday about a German company's contract to build three liquified natural gas plants in Iran amid sanctions aimed at halting Tehran's nuclear enrichment program.

Full Kashagan Accord With Kazakh Govt Reached June-Eni

Παρ, 1 Αυγούστου 2008 - 12:01

The consortium Eni SpA (E) leads in developing the giant Kashagan oil field reached "full settlement" over the project with the Kazakh government and will be finalized in a definite accord by October, Eni Chief Executive Paolo Scaroni said Thursday.

South Stream Gas Pipeline to cost $20 bln

Πεμ, 31 Ιουλίου 2008 - 13:52

Russia’s Energy Ministry has put the preliminary cost of the planned South Stream gas pipeline, a major new route to Southern Europe, at US$20 billion, a ministry spokeswoman said yesterday. The route, which will be jointly built by Russian gas export monopoly Gazprom and Italy’s ENI, is expected to take 30 billion cubic meters (bcm) of gas per year and rival the US and EU-backed Nabucco pipeline to Southern Europe.

Deripaska Nears Buy Of Russneft

Πεμ, 31 Ιουλίου 2008 - 11:46

Russia's tax authorities have dropped the idea of nationalizing the privately held oil producer Russneft, clearing the way for billionaire Oleg Deripaska's investment vehicle Basic Element Holding to buy the oil company, the Vedomosti daily said Thursday citing a tax official.

EdF Energies Nouvelles 1H Rev Soars To EUR309.6M

Πεμ, 31 Ιουλίου 2008 - 11:44

French renewable power company EdF Energies Nouvelles SA (EEN.FR) Thursday said first-half revenues more than doubled, driven by a surge at its development division.

Alstom: EUR200M Contract With China Guang Dong Nuclear Pwr Co

Πεμ, 31 Ιουλίου 2008 - 11:43

French energy engineering company Alstom SA (1022047.FR) Thursday said it had signed a contract worth over EUR200 million with China Guang Dong Nuclear Power Company for the engineering and procurement of the complete turbine island for the nuclear power plant to be built in Taishan, in the southwestern province of Guangdong.

E.ON: To Conduct Share Split, Switch To Registered Shrs Aug 4

Πεμ, 31 Ιουλίου 2008 - 11:40

E.ON AG (EOA.XE), the world's largest investor-owned utility by market value, Thursday said it will conduct a previously announced share split Aug. 4.

Russia Oil Firm Official Released By Libya -Lukoil

Πεμ, 31 Ιουλίου 2008 - 11:39

An official of Russia's second-largest oil producer OAO Lukoil (LKOH.RS) has been released by Libya eight months after he was detained in the North African country, a company spokesman said Thursday.