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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

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

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

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

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).

EdF Hasnt Ruled Out Lone Bid For British Energy

EdF Hasn't Ruled Out Lone Bid For British Energy

French state-controlled electricity group Electicite de France (1024251.FR), or EdF, hasn't ruled out launching a lone bid for British Energy Group PLC (BGY.LN), French daily Le Figaro reports Monday without specifying sources.

Abu Dhabi Dolphin Energy To Receive 5 Pipeline Bids May 7

Abu Dhabi Dolphin Energy To Receive 5 Pipeline Bids May 7

Abu Dhabi-based Dolphin Energy Ltd., said Monday it expects five companies to bid by May 7 for the contract to build the Taweelah-Fujairah natural gas pipeline that will feed a new power and desalination plant.

Belgian PM To Smooth Way For ENI Takeover Of Distrigas

Belgian PM To Smooth Way For ENI Takeover Of Distrigas

Belgium's new Prime Minister Yves Leterme will use a visit to French president Nicholas Sarkozy Monday to smoothe the final hurdles to a sale of Belgian gas distributor Distrigas to Italian oil and gas company Eni SpA (E), de Tijd reports.

Suez Applies For Bucharest Waste Contract

Suez Applies For Bucharest Waste Contract

Franco-Belgian utility Suez (SZEZY) responded last week to an invitation to tender to manage household waste from 240,000 citizens of Bucharest, Romania, French newspaper Le Figaro reports Monday without naming its sources.