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Suez Acquires 5% Of Areva's New Uranium Enrichment Plant

Τρι, 3 Ιουνίου 2008 - 03:01

French utility Suez (SZE.FR) and French nuclear group Areva (CEI.FR) said Tuesday they have signed an agreement giving SUEZ 5% ownership interest in the company that holds the Georges Besse II uranium enrichment plant.

TNK-BP: Operations Continue With Maximum Efficiency

Τρι, 3 Ιουνίου 2008 - 03:00

The current discussions between shareholders at Russo-British oil joint venture TNK-BP (TNBP.RS) haven't had impact on operations, the company said late Monday.

Russia's UES: Germany's RWE, Syntez Pay In Full For TGK-2

Δευ, 2 Ιουνίου 2008 - 03:55

Former monopoly RAO Unified Energy System of Russia (EESR.RS), or UES, on Monday said Germany's RWE AG (RWEOY) and petrochemical company Syntez Group paid in full for the implied government stake in OAO TGK-2 (TGKB.RS), which they jointly bought in March.

Iran To Invest $120B To Become Top Global LNG Producer-

Δευ, 2 Ιουνίου 2008 - 03:53

Iran has no problems securing investments to the tune of $120 billion to become the world's top exporter of liquefied natural gas within the next 12 years, Iran's English-language satellite channel Press TV reported Sunday, citing a senior oil official.

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.