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Power Utility Seeks to Roll Over Fuel Costs

Παρ, 13 Ιουνίου 2008 - 05:58

The board of the Public Power Corporation (PPC) told shareholders yesterday changes are needed to the energy sector’s regulatory framework.

Indian Oil Exec: Iran Farsi Block Gas Devt May Cost $3B

Παρ, 13 Ιουνίου 2008 - 05:13

Indian Oil Corp. (530965.BY) has submitted the commerciality report for its gas find in Iran's Farsi block to the Iranian government last December, a senior company executive said Friday.

Serbian Deputy PM: Gazprom Deal To Be Ratified July

Παρ, 13 Ιουνίου 2008 - 05:11

Serbian Deputy Prime Minister Bozidar Djelic said he expects a pipeline agreement with Russia's state gas monopoly OAO Gazprom (GAZP.RS) will be ratified by the Serbian parliament by the end of July, Russia's daily Kommersant reports Friday.

BP Fears Selling TNK-BP's AAR Stk Lower Than Bought-Sources

Παρ, 13 Ιουνίου 2008 - 05:09

BP PLC (BP) doesn't want to buy the Russian shareholders' stock in TNK-BP Holding (TNBP.RS) and then have to resell it at a lower price to a Russian state concern, people familiar with the British company's thinking said this week.

Iberdrola Renovables To Spend EUR4.5M On Wave Power

Παρ, 13 Ιουνίου 2008 - 05:07

Renewable energy company Iberdrola Renovables SA (IBR.MC) and Spanish research company Tecnalia plan to invest EUR4.5 million in the development of wave energy, Iberdrola Renovables said in a release Friday.

No Deal Yet On DNO Iraqi Oil Export License

Παρ, 13 Ιουνίου 2008 - 05:06

Norwegian oil and natural gas company DNO International (DNO.OS) hasn't yet received an oil export license from the Iraqi government, though talks on the issue will soon be taken up when Iraq's Northern Kurds and Baghdad restart talks over the country's delayed hydrocarbons law, a senior Kurdish official said Friday.

German Environment Min Calls For Rebates By Power Companies

Παρ, 13 Ιουνίου 2008 - 05:04

German Environment Minister Sigmar Gabriel Friday urged energy producers to set reduced electricity and gas rates for low-income households that are being crushed by climbing prices.

Iraqi PM Backs Balanced Oil Price

Παρ, 13 Ιουνίου 2008 - 05:02

Iraqi Prime Minister Nouri al-Maliki Friday called for a "balanced" oil price that was fair to both producers and consumers, calling for OPEC and international organizations to look into the reason behind current scorching prices.

Slovakia Cuts Price-Fixing Fine For MOL Subsidiary

Παρ, 13 Ιουνίου 2008 - 05:01

Slovakia's supreme court has reduced a price-fixing fine for refiner Slovnaft AS (SLN.BS) by nearly 500 million Slovak koruna to SKK838 million ($25.5 million), Hungarian business daily Napi Gazdasag said Friday.

Enel's French Unit Buys 120 MW Of Wind Power In France

Παρ, 13 Ιουνίου 2008 - 04:59

Enel SpA (ENEL.MI) Friday said it bought new farms in France to produce 120 megawatts of wind power, part of its strategy of increasing investments in renewable energy.

Suez Unit Makes GBP39.2M Offer For Econergy Intl

Παρ, 13 Ιουνίου 2008 - 04:58

Suez Energy South America, a unit of Suez SA, said Friday it has made an all cash offer for the share capital of Econergy International at 45 pence per Econergy share.

Gamesa Signs EUR6.3B Wind Turbine Contract With Iberdrola

Παρ, 13 Ιουνίου 2008 - 04:56

Spanish wind-turbine maker Gamesa SA (GAM.MC) Friday said it reached a deal to provide wind turbines worth EUR6.3 billion to Iberdrola Renovables SA (IBR.MC), the renewables unit of Spanish power utility Iberdrola SA (IBE.MC.)

Summit of the Heads of State of South East Europe Athens, June 13, 2008

Παρ, 13 Ιουνίου 2008 - 00:45

Summit of the Heads of State of South East