English Edition

Nabucco Pipeline Highly Unlikely - Metropol

Τρι, 29 Ιουλίου 2008 - 12:47

The agreement between Gazprom (GAZP.RS) and Turkmenistan to construct the Pri-Caspian gas pipeline, with a 30 billion cubic meter throughput a year, makes realization of the EU-backed Nabucco pipeline unlikely, says Metropol.

Ahmadinejad: If US Has New Approach, Iran Would Respond

Τρι, 29 Ιουλίου 2008 - 12:45

Iranian President Mahmoud Ahmadinejad said in an interview aired on U.S. television Monday that if the United States adopted a genuinely new approach to his country, Tehran would respond in a positive way.

Dana Gas, Crescent In JV To Develop Kurdistan Gas City

Τρι, 29 Ιουλίου 2008 - 12:42

Gas Cities LLC, a joint venture between the United Arab Emirates's Crescent Petroleum and its subsidiary Dana Gas, has been officially awarded a 461-million square foot site by the Kurdistan Regional Government, or KRG, to develop the Kurdistan Gas City, a project that is expected to attract over $40 billion in foreign direct investment.

CEZ To Lift Residential Power Prices In 09 By 10%

Τρι, 29 Ιουλίου 2008 - 12:40

Czech-based power company CEZ AS (BAACEZ.PR) will lift prices for its Czech residential customers by no more than 10% next year, and by 15% for commercial customers, the company's Chairman Martin Roman said in a local newspaper Tuesday.

TNK-BP Chief Operating Officer Tim Summers Gets New Visa

Τρι, 29 Ιουλίου 2008 - 12:38

Tim Summers, the chief operating officer of troubled Anglo-Russian oil company TNK-BP, has received his new visa, Russia's Federal Migration Service said Tuesday.

RWE,PGNiG In Talks On JV To Build Generator In Poland

Τρι, 29 Ιουλίου 2008 - 12:35

German power group RWE AG (RWE.XE) is in preliminary talks with Polish state-controlled gas monopoly Polskie Gornictwo Naftowe i Gazownictwo (PGN.WA) to build two, 400 megawatt gas-fired power units in Poland, the daily Parkiet reports Tuesday, citing unidentified sources.

Gazprom To Expand Capacity Of Turkmen Pre-Caspian Pipeline

Δευ, 28 Ιουλίου 2008 - 13:36

Russia's OAO Gazprom (GAZP.RS) said Friday it has signed an agreement with Turkmenistan, which includes increasing the country's gas pipeline network and a new pricing formula for the import of Turkmen gas.

Bulgarian Parliament Ratifies South Stream Gas Pipeline Deal

Δευ, 28 Ιουλίου 2008 - 13:35

Bulgaria's parliament ratified Friday a deal with Russia to build the South Stream gas pipeline to carry Russian gas to Europe, the parliament announced.

Iran 1Q NGLs Exports From S Pars Phases Above 18M Bbl

Δευ, 28 Ιουλίου 2008 - 13:33

Iran's exports of Natural Gas Liquids (NGL) from phases 1-5 of the South Pars natural gas field exceeded 18 million barrels during the first quarter of the Iranian year, the English-language satellite channel Press TV reported Saturday.

Iran Working On Plan To Limit Gasoline Imports

Δευ, 28 Ιουλίου 2008 - 13:32

Iran will soon introduce an energy plan aiming at lowering the rate of gasoline imports to the country, the country's oil ministry web site, Shana, reported Monday.

TNK-BP Operations Chief Tim Summers To Get New Visa Tue

Δευ, 28 Ιουλίου 2008 - 13:30

Russia's migration service is ready to extend TNK-BP (TNBP.RS) Chief Operation Officer Tim Summers' visa, the service said Monday.

Saipem Gets LNG Contract In Algeria Worth About EUR2.8 Bln

Δευ, 28 Ιουλίου 2008 - 13:29

Saipem SpA (SPM.MI), Italy's biggest oil services company by market value, said Monday it has received a new contract worth about EUR2.8 billion for an onshore liquefied natural gas project in Algeria.

Lukoil Pays $500 Million For Turkish Retailer Akpet

Δευ, 28 Ιουλίου 2008 - 13:22

Russia's largest independent oil producer OAO Lukoil (LKOH.RS) said Monday it paid $500 million for a 100% stake in Turkey's sixth-largest retail operator Akpet as the company continues its expansion into European downstream assets.

EdF May Take Centrica Wind Asset Stake To Fund BE Buy

Δευ, 28 Ιουλίου 2008 - 13:20

French utility Electricite de France (1024251.FR) may take a stake in Centrica PLC's (CNA.LN) wind farms and other assets as part of its GBP11 billion-plus bid to purchase nuclear power generator British Energy PLC (BGY.LN), The Daily Telegraph reports Monday, citing a source.

RWE Sees Gundremmingen B Nuclear Plant Back Online Jul 27-29

Δευ, 28 Ιουλίου 2008 - 13:19

The restart of German utility RWE's nuclear power plant Gundremmingen Block B is delayed to between July 27 and July 29 following a planned annual maintenance outage, the company's Web site said Monday.

Suez Environnement Buys Water Activities From US Earth Tech

Δευ, 28 Ιουλίου 2008 - 13:17

French utility Suez Environnement (SEV.FR) Monday said it acquired several water activities from Tyco International Ltd.'s (TYC) Earth Tech unit in the U.S., but didn't disclose financial details of the transaction.