Coal-Fired Plant Πεμ, 17 Απριλίου 2008 - 04:24 Three foreign and two Bulgarian companies have expressed interest in bidding in an open auction for a 630-megawatt coal-fired power plant in Bulgaria, the privatization agency said yesterday.
Bulgaria Power Exports Πεμ, 17 Απριλίου 2008 - 04:19 Bulgaria can regain its position as a leading power exporter in Southeastern Europe in 2010 thanks to new generating capacity, a senior official at the dominant state power utility NEK said yesterday.
Rusal To Sell 50% Of Ekibastuzskoye Coal Field To Samruk Πεμ, 17 Απριλίου 2008 - 04:09 Russia's United Co. Rusal, the world's largest aluminum producer, has agreed to sell a 50% stake in the Ekibastuzskoye coal field to the Kazakh state property management company Samruk Holding for $345 million, the company said Thursday.
Gazprom, Rosneft To Develop Russia's Arctic Shelf Πεμ, 17 Απριλίου 2008 - 04:08 Russian state-controlled energy companies OAO Rosneft (ROSN.RS) and OAO Gazprom (GAZP.RS) will obtain rights to develop oil and gas deposits on the Russian Arctic shelf, the Kommersant daily said Thursday, citing the country's natural resource minister Yury Trutnev.
Polish Regulator OKs 2% Electricity Price Hike As Of May Πεμ, 17 Απριλίου 2008 - 04:06 Polish energy market regulator URE has approved an average 2% increase in electricity prices for regional distributors as of May, URE Deputy President Marek Woszczyk told TVN CNBC television Thursday.
GdF Sees Suez Merger On Track; New Works Council Mtgs Set Πεμ, 17 Απριλίου 2008 - 04:05 French utility Gaz de France (1020848.FR), which plans to merge with peer Suez (SZE.FR), said Thursday that its calendar for concluding the tie-up in the first half of 2008 remains in place, and said it is hoping for a definitive opinion on the merger from workers' representatives May 15.
Belgian Govt Favors Eni As Suez' Distrigas Stake Buyer Πεμ, 17 Απριλίου 2008 - 04:03 Belgian Prime Minister Yves Leterme favors Eni SpA (E) as the buyer of utility Suez SA's (SZEZY) majority stake in Distrigas (DIST.BT) because it wants to expand the country's Zeebrugge natural gas hub, Italian daily MF reports Thursday, without citing its source.
Andritz Gets Portugese Hydropower Turbine Order Worth EUR40M Πεμ, 17 Απριλίου 2008 - 04:01 Austrian high-technology machinery maker Andritz AG (ANDR.VI) said Thursday it has received a EUR40 million order for the delivery and service of a Francis turbine set for a Portuguese hydropower station.
Romania Min: Utility Prices Won't Rise Until July - Mediafax Πεμ, 17 Απριλίου 2008 - 03:58 Romania doesn't plan to raise natural gas or electricity household bills until July 1 despite calls from Romanian gas distributors citing higher gas import costs, news agency Mediafax reported Romanian Finance and Economy Minister Varujan Vosganian as saying Thursday.
Iberdrola 1Q Net Almost Triples, Beats Views Πεμ, 17 Απριλίου 2008 - 03:56 Iberdrola SA (IBE.MC) said Thursday that its first-quarter net profit almost tripled from the year before, boosted by the acquisition last year of U.K. rival Scottish Power.
Greece's PPC Revises Strategy With RWE Following Opposition Πεμ, 17 Απριλίου 2008 - 03:54 Greece's dominant electric utility, Public Power Corporation SA (PPC.AT), is revising its strategy for joint activities with Germany's RWE AG (RWE.XE) after months of union opposition to an earlier deal.
Ukraine To Formally Join WTO On May 16 Πεμ, 17 Απριλίου 2008 - 03:52 Ukraine will officially join the World Trade Organization May 16, the Geneva-based trade body said Thursday
Case With Radioactive Material Found At Madrid School Πεμ, 17 Απριλίου 2008 - 03:50 Police said Thursday that an equipment case containing low-level radioactive material that was stolen from a car this week has been found in the doorway of a school in Madrid.
RWE: May Decide To Return Extra Cash To Shareholder After '10 Πεμ, 17 Απριλίου 2008 - 03:46 RWE AG (RWE.XE) Thursday said it may decide to return extra cash to shareholders through dividends and share buybacks after 2010 if its fails to fully realize its growth targets.
PPC Urged to End Delays with RWE Τετ, 16 Απριλίου 2008 - 06:26 The Greek state, a major shareholder in the Public Power Corporation (PPC), urged the company’s board yesterday to end months of speculation over a pending cooperation deal with Germany’s RWE which has been blocked by union protests.
Greece has Agreed to Join South Stream Pipeline, Says Minister Τετ, 16 Απριλίου 2008 - 06:19 Greece has agreed to join the Kremlin-backed South Stream gas pipeline project, further boosting energy ties with Russia, Development Minister Christos Folias said yesterday.