English Edition

Serb Cabinet In Final Pre-Poll Showdown On EU, Russia

Παρ, 9 Μαΐου 2008 - 03:11

Serbia's outgoing coalition government, which collapsed over East-West ties, meets Friday to approve a Russian energy deal in a final showdown two days before crunch general elections.

Iberdrola, Centrica Discuss Joint British Energy Bid-Source

Παρ, 9 Μαΐου 2008 - 03:09

Centrica PLC (CNA.LN) and Iberdrola SA (IBE.MC) could still form a partnership to bid for British Energy PLC (BGY.LN), a person familiar with the matter told Dow Jones Newswires Friday.

Brazil President Says Brazil Wants To Join OPEC

Παρ, 9 Μαΐου 2008 - 03:08

Brazil wants to join the Organization of Petroleum Exporting Countries and work towards lower crude oil prices, Brazilian President Luiz Inacio Lula da Silva tells Spiegel magazine in an advance copy of this weekend's edition.

Gas Natural CEO: Co Not Looking At Acquisitions Now >GAS.MC

Παρ, 9 Μαΐου 2008 - 03:07

Gas Natural SDG SA (GAS.MC) is not looking at making any acquisitions in the energy sector, the company's Chief Executive Rafael Villaseca said Friday.

Sibir Energy 1Q Production Up 50% To 5.9 Mln Barrels

Πεμ, 8 Μαΐου 2008 - 02:55

London-listed Sibir Energy PLC (SBE.LN), an oil producer focused on Russia, said Thursday its first quarter crude output was up 50% to 5.9 million barrels, or 64,400 barrels a day, up from 43,300 barrels a day in the same period last year.

Iran To Offer Nuclear Deal But Won't Stop Enrichment

Πεμ, 8 Μαΐου 2008 - 02:54

Iran is to present the international community with a new package of proposals aimed at breaking the diplomatic deadlock over the country's nuclear program, The Guardian reports Thursday.

Gazprom Rewarded Eight Field Licenses Without Tender

Πεμ, 8 Μαΐου 2008 - 02:53

Russia's OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, has been rewarded eight licenses for fields on the Yamal Peninsula without tender, the RBC Daily said Thursday, citing an unnamed source in the company.

Dana Gas To Supply Gas To Iraqi Kurds In July

Πεμ, 8 Μαΐου 2008 - 02:52

Dana Gas (DANA.AD), the UAE-based oil and gas company, is expected to start supplying gas to Iraq's Kurdistan region from a field in northern Iraq in July, the company's executive chairman said in remarks posted by the Kurdistan Regional Government, or KRG, Web site Thursday.

Iranian Oil Min Nozari Predicts $200/Bbl Crude In Near Future

Πεμ, 8 Μαΐου 2008 - 02:50

Iran's oil minister has predicted the price of oil will rise to $200 a barrel in the near future, the official IRNA news agency reports.

Iberdrola Preparing Bid For British Energy

Πεμ, 8 Μαΐου 2008 - 02:49

Spanish utility Iberdrola SA (IBE.MC) was understood to be putting the final touches on a bid for British Energy Group PLC (BGY.LN), The Times of London reports Thursday citing a source.

Energias de Portugal Renewables Unit Valued At EUR9B

Πεμ, 8 Μαΐου 2008 - 02:48

EDP Renovaveis, the renewable energy unit of Portuguese utility Energias de Portugal SGPS SA (EDP.LB), has been valued at EUR9 billion by unnamed banks, daily Diario Economico reports Thursday without citing sources.

TNK-BP Gets GBP215 Mln Russian Tax Rebate

Πεμ, 8 Μαΐου 2008 - 02:47

BP PLC's (BP) Russian joint venture TNK-BP (TNBP.RS) has won a tax rebate of 9.7 billion roubles (GBP215 million) after overpaying value added tax two years ago, The Times of London reports Thursday.

RWE CEO Says Has No Knowledge Of Takeover Bid From EdF

Πεμ, 8 Μαΐου 2008 - 02:45

RWE AG (RWE.XE) doesn't have any knowledge of a possible takeover bid from French competitor Electricite de France (1024251.FR), Juergen Grossmann, chief executive of Germany's second-largest utility by market value, told reporters late Wednesday in Duesseldorf.