English Edition

Gazprom CEO: Gas Rush To Turkmenistan "Defies Logic"

Τρι, 10 Ιουνίου 2008 - 05:25

The rush by the likes of China, the E.U. and the U.S. toward Turkmenistan as an alternative supplier of gas to Russia defies logic as the country may not be able to meet its contractual volumes, the chief executive of Russian gas monopoly OAO Gazprom (GAZP.RS), Alexei Miller, will say in a speech Tuesday.

Azerbaijan AIOC Jan-May Oil Output +12.8% On Yr

Δευ, 9 Ιουνίου 2008 - 03:03

The oil output of Azerbaijan International Operating Co. increased 12.8% on the year to 15.582 million metric tons in January-May, the Prime-Tass news agency reported Friday, citing a spokesperson for the company.

Kovykta Deal Differences Fuels TNK-BP Spat

Δευ, 9 Ιουνίου 2008 - 03:01

Differences over the finalization of the Kovykta gas field sale are tightly interwoven with a very public spat between the shareholders of Russo-British OAO TNK-BP (TNBP.RS), people familiar with the matter said Friday.

Russia, Turkmenistan May Have Gas Price Deal By July

Δευ, 9 Ιουνίου 2008 - 02:59

Russia and Turkmenistan could complete talks on a new price for next year's imports of Turkmen gas by July, the deputy chairman of the board of Russia's gas monopoly Gazprom said Saturday.

Areva Benefit Seen In EDF Buy Of British Energy

Δευ, 9 Ιουνίου 2008 - 02:57

An EDF (1024251.FR) acquisition of British Energy (BGY.LN) would bode well for Areva (CEI.FR) as the new owner will play a vital role in the new-build nuclear programme, notes Dexia.

E.ON Nuclear Plant Grohnde Returns Monday After Maintenance

Δευ, 9 Ιουνίου 2008 - 02:55

German utility E.ON AG's (EOA.XE) nuclear reactor Grohnde Monday resumed power generation following a planned annual maintenance outage, the environment ministry of the German state of Lower Saxony, where the facility is located, said Monday.

Rosneft 1Q Net Up Sevenfold On Higher Refining, Oil Prices

Δευ, 9 Ιουνίου 2008 - 02:52

Russia's biggest oil producer OAO Rosneft (ROSN.RS) Monday said net profit surged sevenfold in the first quarter of the year, driven by acquisitions, growth in refining volumes and high oil prices.

Worsening Oil Demand Gives OPEC Reason Not To Pump More

Δευ, 9 Ιουνίου 2008 - 02:49

Organization of Petroleum Exporting Countries officials, have been, as in past months, unflappable in the face of oil's meteoric rise Friday to a new peak of more than $139 a barrel, which came on renewed geopolitical tensions and U.S. dollar weakness.

Iraq To Boost 2H 08 Oil Exports 9.7% To 2.14M B/D-SOMO

Δευ, 9 Ιουνίου 2008 - 02:47

Iraq will increase crude oil sales by 9.7% to 2.14 million barrels a day for the second half of 2008, the head of the country's State Oil Marketing Organization said.

Enel CEO: Italy Needs Nuclear Power To Reduce Gas Hold

Δευ, 9 Ιουνίου 2008 - 02:45

It's necessary to reintroduce nuclear power in Italy to reduce its dependence on natural gas from countries such as Russia and Algeria, Enel SpA (ENEL.MI) Chief Executive Fulvio Conti said in an interview with daily la Repubblica Monday.

British Energy Board Seen Recommending EdF Bid

Δευ, 9 Ιουνίου 2008 - 02:44

The board of British Energy Group PLC (BGY.LN) is expected to recommend a GBP10 billion takeover bid by France's Electricite de France (1024251.FR) within two weeks, with an annoucement possible this week, The Observer newspaper reported Sunday.

Gazprom, SUEK Call Off Energy Asset Merger >GAZP.RS

Δευ, 9 Ιουνίου 2008 - 02:43

Russian gas giant OAO Gazprom (GAZP.RS) Monday said it has called off the merger of its electricity assets with the country's biggest coal producer, Siberian Coal Energy Co., or SUEK, confirming a recent media report.

Fury at N-plant Alert

Παρ, 6 Ιουνίου 2008 - 23:39

Slovenia was caught in a nuclear controversy yesterday after admitting that it wrongly told other countries that a water leak that forced it to shut down a nuclear reactor was only an exercise.