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Environmental Alarm Sounded for Greece

Environmental Alarm Sounded for Greece

Τρι, 6 Μαΐου 2008 - 07:18

Public Works and Environment Minister Giorgos Souflias speaks at the Athens Summit on Climate Change and Energy Security, which began at the Athens Hilton Hotel yesterday and will run until tomorrow. Souflias has come under criticism from environmental groups and the media for not giving green issues enough attention.

OGK-5 2007 IFRS Net Profit RUB2.0 Bln OGKE.RS

OGK-5 2007 IFRS Net Profit RUB2.0 Bln >OGKE.RS

Τρι, 6 Μαΐου 2008 - 03:49

Russian wholesale electricity generator OAO OGK-5 (OGKE.RS), majority-owned by Italy's Enel SpA (ENEL.MI), Tuesday said its 2007 net profit rose to 2 billion rubles ($84.2 million).

EDF Board To Meet Over British Energy Wed Or Thurs

EDF Board To Meet Over British Energy Wed Or Thurs

Τρι, 6 Μαΐου 2008 - 03:47

The Board of French state-controlled electricity giant Electricite de France SA (1024251.FR) will hold an extraordinary meeting on Wednesday, May 7, or Thursday, May 8, to put a final touch to the company's offer for 35.2% of U.K.-based energy company British Energy Group Plc (BGY.LN), French business daily La Tribune reported Tuesday, citing unspecified sources.

EDP Renewables Unit 1Q Net Pft EUR30.5M; Maintains IPO Plans

EDP Renewables Unit 1Q Net Pft EUR30.5M; Maintains IPO Plans

Τρι, 6 Μαΐου 2008 - 03:46

EDP Renovaveis, the renewable energy unit of Portuguese utility EDP-Energias de Portugal (EDP.LB) Tuesday reported a first-quarter net profit of EUR30.5 million net profit against a pro forma EUR6.4 million a year ago, reflecting partly lower financial costs.

Iberdrola Eyes British Energy, No Decision Made

Iberdrola Eyes British Energy, No Decision Made

Τρι, 6 Μαΐου 2008 - 03:45

Spanish power utility Iberdrola SA (IBE.MC) is looking at possible deals in the United Kingdom including a move for British Energy PLC (BGY.LN), but it hasn't yet made any decision on the matter, a company spokesman said Tuesday.

OPECs Apr Oil Output Dn 0.49% On Mo At 31.97M B/D -DJ Survey

OPEC's Apr Oil Output Dn 0.49% On Mo At 31.97M B/D -DJ Survey

Τρι, 6 Μαΐου 2008 - 03:44

The Organization of Petroleum Exporting Countries pumped less crude oil in April, a survey by Dow Jones Newswires showed Tuesday, as Nigeria's production suffered from sabotage and strikes, pushing oil prices to just above $120 a barrel.

Gas Deal Terms Pending

Gas Deal Terms Pending

Δευ, 5 Μαΐου 2008 - 05:15

Russia and Greece took the first step toward the realization of the transit of natural gas via the South Stream pipeline from this country with the signing of an agreement in Moscow last week.

Costly Energy Hits GDP, Consumption

Costly Energy Hits GDP, Consumption

Δευ, 5 Μαΐου 2008 - 04:20

In the space of just one year, oil prices have jumped 60 percent in dollar terms and 35 percent in euro terms. In the past three years, the price of oil has tripled in dollars and doubled in euros.

Enel To Buy EUR150M Worth Of CERs From 5 Wuhan Iron Projs

Enel To Buy EUR150M Worth Of CERs From 5 Wuhan Iron Projs

Δευ, 5 Μαΐου 2008 - 03:36

Enel SpA (ENEL.MI), Italy's biggest power company by revenue, said Monday it will buy Certified Emissions Reductions with a market value of around EUR150 million from five energy efficiency projects in China from Wuhan Iron & Steel Co. (600005.SH).