English Edition

Enel, Acciona At Odds Over Endesa Renewables Assets

Τετ, 11 Ιουνίου 2008 - 03:28

Italian power utility Enel SpA (ENEL.MI) is at odds with Spanish infrastructure and energy company Acciona SA (ANA.MC) over what stake each will get in a new renewables company to be formed from assets of Spanish utility Endesa SA (ELE.MC), the Cinco Dias business daily said Wednesday.

GdF, Suez Release Official Merger Documents

Τετ, 11 Ιουνίου 2008 - 03:18

French state-controlled natural gas operator Gaz de France (1020848.FR) and French utility Suez (SZE.FR) Wednesday released official documents related to their merger, stating the merger would retroactively take effect from Jan.1.

Renewable Power Output Overtakes Nuclear In Spain In 2007

Τετ, 11 Ιουνίου 2008 - 03:17

Renewable energy accounted for 19.8% of Spain's electricity production last year, ahead of 17.8% coming from nuclear energy, the Industry Ministry said late Tuesday.

Caspian Energy: No Reservoir Rocks Found At Baktygaran

Τετ, 11 Ιουνίου 2008 - 03:15

Caspian Energy said Wednesday Aral Petroleum Capital, in which the company holds a 50% indirect interest, has not yet found reservoir quality rocks at Baktygaryn #703.

E.ON Could OK Power Network Sale To Foreign Buyer

Τετ, 11 Ιουνίου 2008 - 03:14

German utility E.ON AG (EONGY) could be open to a foreign buyer for its power network, according to Boersen-Zeitung on Wednesday, citing Chief Financial Officer Marcus Schenck.

Gazprom Wants To Be France's Base Energy Operator

Τρι, 10 Ιουνίου 2008 - 05:42

Russian gas monopoly OAO Gazprom (GAZP.RS) wants to become "the base energy operator in France, Gazprom Chief Executive Alexei Miller said in an interview published Tuesday in French daily Le Figaro.

Eni Starts Production From Alaska's Oooguruk Oil Field

Τρι, 10 Ιουνίου 2008 - 05:40

Italy's Eni SpA (E) said Tuesday that it has started production from the Oooguruk offshore oil field, located in the North Slope of Alaska, some 250 kilometers southeast of Barrow.

Gazprom To Mull TNK-BP Stake Buy After Conflict Resolved

Τρι, 10 Ιουνίου 2008 - 05:39

Russian natural gas monopoly OAO Gazprom (GAZP.RS) Deputy Chief Executive Alexander Medvedev said Tuesday the company will look at entering the capital of oil venture OAO TNK-BP (TNBP.RS) once a corporate governance conflict there is resolved.

Gazprom Exec: Ready To Be Partners In Alaska Pipeline

Τρι, 10 Ιουνίου 2008 - 05:38

Russian natural gas giant OAO Gazprom (GAZP.RS) is still prepared to look at a partnership with ConocoPhilips (COP) and BP PLC (BP) to join a massive gas pipeline project in Alaska, a senior company executive said Tuesday.

Slovenian Nuclear Plant Online After Last Week's Water Leak

Τρι, 10 Ιουνίου 2008 - 05:36

Officials said Tuesday Slovenia's nuclear power plant is back online again after a faulty valve blamed for a water leak was replaced.

Czech Ctrl Bk: Strong Koruna Limits Oil Price Impact On Econ

Τρι, 10 Ιουνίου 2008 - 05:34

Record oil prices pose no a major risk to the Czech Republic's economic stability, the head of the Czech central bank's financial stability research division said Tuesday.

Iberdrola Names Nick Horler As New CEO Of Scottish Power

Τρι, 10 Ιουνίου 2008 - 05:33

Iberdrola SA (IBE.MC) has named Nick Horler as new chief executive of its subsidiary Scottish Power, Iberdrola Chief Executive Ignacio Galan is quoted as saying in a statement Tuesday.

Kuwait Oil Min Backs Call For Consumer-Producer Mtg

Τρι, 10 Ιουνίου 2008 - 05:32

Organization of Petroleum Exporting Countries member Kuwait supports the call from Saudi Arabia for a meeting between consumer and producer nations, Reuters news agency reported Tuesday.