English Edition

Imperial Energy Announces Discovery At Kiev Eganskoye Field

Δευ, 2 Ιουνίου 2008 - 03:51

London-listed Imperial Energy Corp. PLC (IEC.LN) said Monday it has made its first oil discovery at the company's Kiev Eganskoye field in Western Siberia's Tomsk region.

GdF Makes Natural Gas Deposites Discovery In Egypt

Δευ, 2 Ιουνίου 2008 - 03:48

French utility Gaz de France (1020848.FR) said Monday it recently discovered natural gas deposits in the West El Burullus concession in Egypt for which it holds an exploration and production license.

Areva: Wins Portion Of Hanford Tank Operations In US

Δευ, 2 Ιουνίου 2008 - 03:46

French nuclear group Areva (CEI.FR) said Monday that the Department of Energy, or DOE, has awarded a contract to Washington River Protection Solutions LLC, or WPRS, of which AREVA Federal Services is the dedicated subcontractor, to manage the remediation of DOE's radioactive and hazardous underground waste tanks located at the Hanford, Washington, site.

Hungary Ups Natural Gas Prices 9.9% For Households

Δευ, 2 Ιουνίου 2008 - 03:45

The Hungarian government raised natural gas prices for residential users by an average 9.9% effective July 1, while industrial users will have to pay 7.7% more on average for gas, business daily Napi Gazdasag said Monday.

German Fin Min: Govt Shouldn't Intervene On High Oil Prices

Δευ, 2 Ιουνίου 2008 - 03:43

Politicians shouldn't intervene when oil prices are high, German Finance Minister Peer Steinbrueck said Monday.

Iraq May Oil Exports 2.11M B/D, New Post-war High

Δευ, 2 Ιουνίου 2008 - 03:41

Iraq exported in May 2.11 million barrels of oil a day, the highest export level since the March 2003 U.S.-led war in Iraq and an increase on the 1.90 million barrels a day exported in April, head of the State Oil Marketing Organization, or SOMO, said.

OMV Interested In Taking Stakes In Croatia's INA - Newspaper

Δευ, 2 Ιουνίου 2008 - 03:39

Austrian oil and gas company OMV AG (OMV.VI) is interested in buying a state-held stake of up to 19% in Croatian peer INA Industrija Nafte D.D., reports Austrian financial daily Wirtschaftsblatt Monday.

RWE Gas Grid Sale Positive For Company

Δευ, 2 Ιουνίου 2008 - 03:35

RWE's (RWE.XE) offer to the EU to sell its gas tranmission grid is positive, says LBBW analyst Bernhard Jeggle, noting the relatively small size of the business. Says the larger gas distribution grid isn't affected by the deal. Adds the sale would considerably lower risk of a hefty antitrust fine.

EU Sets New Antitrust Review Deadline For OMV/MOL Of Sep 18

Δευ, 2 Ιουνίου 2008 - 03:33

The European Commission Monday said it has restarted its antitrust investigation into Austrian energy company OMV AG's (OMV.VI) planned takeover of Hungary's MOL Nyrt (MOL.BU), with a new deadline of Sept. 18.

Gulf Can't Alone Alleviate Oil Mkt Pressures

Δευ, 2 Ιουνίου 2008 - 03:31

Arab Gulf oil producers "can't alone alleviate" the pressure on international oil markets but should open their oil sectors to foreign investment to help match crude supply and demand, U.S. Secretary of Treasury Henry Paulson said Monday.

Czech Opposition Party Seeks To Lower Excise Taxes On Fuels

Δευ, 2 Ιουνίου 2008 - 03:29

The opposition Czech Social Democrat party said Monday it is seeking to cut excise taxes on motor fuels and value added tax on natural gas.

IAEA Chief Urges Full Disclosure From Iran

Δευ, 2 Ιουνίου 2008 - 03:27

U.N. atomic watchdog chief Mohamed ElBaradei demanded "full disclosure" from Iran as his board of governors opened a meeting focused on Tehran's disputed nuclear program, a diplomat said.

Utility Hikes Fuel Inflation

Δευ, 2 Ιουνίου 2008 - 02:27

Ministers may be condemning business cartels considered partly responsible for high consumer prices – instead of effectively dealing with the phenomenon – but at the same time they are approving steep increases in public utility rates, which certainly stokes inflationary pressures.