English Edition

EDF, E.ON, RWE, Gas Natural Invited To Buy Fenosa Stake

Παρ, 18 Ιουλίου 2008 - 11:38

At least four European energy groups - Electricite de France (1024251.FR), Germany's E.ON AG (EON), RWE AG (RWE.XE) and Spain's Gas Natural SDG SA (GAS.MC) - have been invited to buy the controlling stake in Union Fenosa SA (UNF.MC) held by Spanish construction company Actividades de Construccion y Servicios SA (ACS.MC), reports Cinco Dias in its Friday Internet edition, citing sources at these companies.

French Min Calls For Water Tests Near Reactors After Leak

Πεμ, 17 Ιουλίου 2008 - 12:38

France's ecology minister is calling for tests of the ground water near all of the country's 58 nuclear reactors after a uranium leak at a plant in the south polluted the local water supply.

Frere Doesn't Rule Out Hiking Suez Environnement Stake

Πεμ, 17 Ιουλίου 2008 - 12:35

Belgian businessman Albert Frere doesn't rule out increasing his stake in French utility Suez Environnement, which will be spun off after the merger of French state-controlled natural gas operator Gaz de France (1020848.FR) and French utility Suez (SZE.FR), Frere says in an advanced copy of an interview with French daily Le Monde.

Mitsui & Co, Uzbekistan Govt To Discuss Uranium Exploration

Πεμ, 17 Ιουλίου 2008 - 12:31

Mitsui & Co. (8031.TO) said Thursday it has been granted exclusive rights for 18 months to negotiate with the Uzbekistan government on possible joint exploration of uranium in the Central Asian country.

Iranian Foreign Minister Mottaki To Visit Turkey Friday

Πεμ, 17 Ιουλίου 2008 - 12:26

Iranian Foreign Minister Manouchehr Mottaki will hold talks with Turkish officials here Friday, Turkish Foreign Minister Ali Babacan said, as international tensions run high over the Islamic state's nuclear program.

Gazprom Accuses Belarus Of Underpaying For Gas Deliveries

Πεμ, 17 Ιουλίου 2008 - 12:25

Russian gas giant OAO Gazprom (GAZP.RS) on Wednesday accused Belarus of not paying the agreed price for gas deliveries and threatened to go to court if Minsk continued to ignore its commitments, the company said in a statement.

EU Crt: Spain's Law On Purchase Of Energy Cos Broke EU Law

Πεμ, 17 Ιουλίου 2008 - 12:23

A European court ruled Thursday that a Spanish law requiring regulatory approval for the purchase of shares in energy companies goes against European Union law.

ENI Produces First Oil From Woolybutt South

Πεμ, 17 Ιουλίου 2008 - 12:21

ENI SpA (ENI.MI) said Thursday oil production has begun from the Woolybutt South project off the coast of Western Australia, a joint venture with ExxonMobil Corp.(XOM) and Tap Oil Ltd. (TAP.AU). ENI Australia Managing Director Eros Agostinelli said first oil had been produced Wednesday and, together with existing production from Woolybutt North, would boost the field's output.

Siberian Court Extends Detention Of Yukos Associate

Πεμ, 17 Ιουλίου 2008 - 12:19

A Siberian court decided on Thursday to extend to November 2 the pre-trial detention for an associate of Mikhail Khodorkovsky, the jailed former head of oil giant Yukos, Russian news agencies reported.

US To Unveil Plans To Open Diplomatic Outpost In Iran

Πεμ, 17 Ιουλίου 2008 - 12:16

The United States will announce in the next month plans to establish a diplomatic presence in Iran for the first time in 30 years, London's Guardian newspaper said Thursday.

OECD Criticizes Ethanol And Producers Hit Back

Πεμ, 17 Ιουλίου 2008 - 12:15

The battle over biofuels heated up Wednesday as a Paris-based intergovernmental group criticized crop-based fuels for driving up food prices and ethanol supporters counterpunched.

Oil Supplies

Τετ, 16 Ιουλίου 2008 - 14:26

Oil firm Tatneft, one of the two key suppliers of Russian crude to the Czech Republic, said yesterday it had reduced deliveries because it had rerouted volumes to Turkey due to better prices.

Enelco Signs Contract to Build Gas-Fired Station

Τετ, 16 Ιουλίου 2008 - 14:22

Enel SpA’s Enelco division, the Greek unit of Italy’s largest utility, signed a contract to build a gas-fired power station in Greece, the first of three planned by grid operator DESMIE.

Gazprom Ups Investments To Boost Output

Τετ, 16 Ιουλίου 2008 - 13:17

Russian gas monopoly OAO Gazprom (GAZP.RS) Tuesday raised its 2008 capital spending plans to a new record level, as it gears up to bring key new fields online.

Gazprom Neft Denies Fuel Collusion Allegations

Τετ, 16 Ιουλίου 2008 - 13:15

Russian oil major Gazprom Neft (SIBN.RS) denied Tuesday the Federal Antimonopoly Service's allegation it had colluded with other oil companies to set excessively high jet and diesel fuel prices, the Prime-Tass news agency reported.

Iran Natl Oil Co: Total Hasn't Withdrawn From Country

Τετ, 16 Ιουλίου 2008 - 13:14

French energy giant Total SA (TOT) hasn't withdrawn from Iran, the Oil Ministry's Shana news agency reported Tuesday, citing a senior National Iranian Oil Co. executive.