Slavneft Board Recommends Dividend Of RUB0.28/Shr Δευ, 26 Μαΐου 2008 - 02:58 Russian oil company OAO Slavneft (SLAV.RS) said Monday its board has recommended paying a dividend only for the first nine months of 2007 totaling 1,331 million rubles ($56.4 million), or 0.28 rubles per ordinary share.
Suez Environnement Is Top CAC-40 Candidate Δευ, 26 Μαΐου 2008 - 02:57 Suez Environnement is a top candidate to replace Suez (SZEZY) in France's benchmark CAC-40 index, says Exane BNP Paribas. Says other leading contenders are Hermes (5229.FR) and Technip (13170.FR).
US-Russian Contest Over Gas in Thessaloniki Παρ, 23 Μαΐου 2008 - 07:30 Russian and American diplomats measured swords at the 2nd International Meeting for Energy Dialogue in Thessaloniki this week. Greece’s gas links with Russia were at the epicentre.
Suez Ends British Energy Offer Talks >SZE.FR Παρ, 23 Μαΐου 2008 - 05:43 Suez said Friday that in its discussions regarding the future development of the nuclear energy sector in the U.K., those relating to a potential offer for British Energy have now ceased.
French Budget Min: Strong Euro Helps Offset Oil Price Hikes Παρ, 23 Μαΐου 2008 - 05:42 French Budget Minister Eric Woerth Friday said the strength of the euro has helped to offset a large part of the impact of oil price hikes on the French economy.
RWE And Scottish & Southern Discuss British Energy Bid Παρ, 23 Μαΐου 2008 - 05:39 Scottish and Southern Energy PLC (SSE.LN) is in talks with Germany's RWE AG (RWE.XE) about mounting a joint bid for British Energy PLC (BGY.LN), U.K. newspaper The Daily Telegraph reported Friday, citing sources close to the situation.
Lignite Miner Czech Coal Says Readying A Cut In Production Παρ, 23 Μαΐου 2008 - 05:38 Czech Coal AS, the privately-held lignite miner, said late Thursday it may cut production as early as this year, and halt production permanently in 2020 at its key CSA mine, due to Czech mining limits regulations.
Czech And Slovakia To Unite Electricity Markets As Of 2009 Παρ, 23 Μαΐου 2008 - 05:36 The Czech Republic and Slovakia will combine their electricity markets into one single market as of 2009 to reduce cross-border hurdles and fees while improving power distribution at times of peak usage, the Czech ministry of industry said Friday.
German Environmental Ministry: No Decision Yet On EnBW Plant Παρ, 23 Μαΐου 2008 - 05:35 German Environment Minister Sigmar Gabriel has not yet made a final decision about a request from utility EnBW Energie Baden-Wuerttemberg AG's (EBK.XE) to transfer power generating capacity from the Neckarwestheim 2 nuclear reactor to Neckarwestheim 1, a ministry spokesman said Friday.
RWE, Iberdrola,Centrica Talks On British Energy Stall -Source Παρ, 23 Μαΐου 2008 - 05:32 Talks between RWE AG (RWE.XE), Centrica PLC (CNA.LN) and Iberdrola SA (IBE.MC) over mounting joint bids for British Energy PLC (BGY.LN) aren't moving forward, a person familiar with the matter told Dow Jones Newswires Friday.
France's EdF Plans Two-Part 6-Yr, 12-Yr Euro Benchmark Bond Παρ, 23 Μαΐου 2008 - 05:31 Electricite de France (1024251.FR) has hired BNP Paribas, HSBC, Royal Bank of Scotland and Societe Generale as joint-lead managers of its two-part euro-denominated bond issue, one of the lead managers said Friday.
Enel CEO: Looking To Name More Executives At Endesa Παρ, 23 Μαΐου 2008 - 05:29 Italian utility Enel SpA's (ENEL.MI) Chief Executive Fulvio Conti said late Thursday that he would like to name one or two more senior executives at Spanish utility Endesa SA (ELE.MC).
Air Berlin Doesn't Plan To Cut Routes Due To Oil Prices Παρ, 23 Μαΐου 2008 - 05:27 German discount airline Air Berlin PLC (AB1.XE) said Friday it doesn't plan to cancel routes due to higher fuel costs.
Gazprom To Explore 4 Blocks Off Vietnam With State Energy Co Παρ, 23 Μαΐου 2008 - 05:25 Russia's OAO Gazprom (GAZP.RS), the world's biggest producer of natural gas, said Friday it has signed a deal with Vietnam's state energy company Petrovietnam to explore and develop four new offshore blocks on the Vietnamese shelf.
EU's CO2 Emissions Up 0.68% In 2007 From 2006 Παρ, 23 Μαΐου 2008 - 05:23 Industries under the European Union's Emissions Trading Scheme, or ETS, emitted 0.68% more carbon dioxide last year than in 2006, the European Commission said Friday.
Russia's UES Sells 21.3% In Bashkirenergo For RUB11 Bln Παρ, 23 Μαΐου 2008 - 05:22 Former monopoly RAO Unified Energy System of Russia (EESR.RS), or UES, Friday said it has sold its 21.3% stake in Tatarstan-based utility OAO Bashkirenergo (BEGY.RS) for 11 billion rubles ($446.1 million).