English Edition

Gazprom Safe Route To Russian Exposure

Τετ, 21 Μαΐου 2008 - 04:29

Gazprom (GAZP.RS) represents a relatively safe route to gain exposure to Russian energy companies, as much uncertainty surrounds the proposed tax cuts for the oil sector, says UralSib.

Kazakhstan Lowers 08 Oil Output Forecast To 67.6M Tons

Τετ, 21 Μαΐου 2008 - 04:26

The Kazakh government has lowered its forecast for oil and gas condensate production for this year to 67.6 million metric tons, or 1.35 million barrels a day, from 70 million tons, the economy minister said Wednesday, according to Kazakhstan Today news agency.

Kuwait Introduces Oil Deals Tied To Output Targets

Τετ, 21 Μαΐου 2008 - 04:22

State-owned Kuwait Petroleum Corp. is negotiating performance-related contracts with international oil companies as it seeks to boost oil and gas production, the Financial Times newspaper reports Wednesday.

Iran Agrees In Principle To EU Visit On Nuclear Offer-IRNA

Τετ, 21 Μαΐου 2008 - 04:19

Iran said Wednesday it has agreed in principle to a visit by European Union foreign policy chief Javier Solana to deliver a package being drawn up by world powers in a new bid to persuade Tehran to halt controversial nuclear work.

Gaz de France Summoned To Crt By Works Council Secretary

Τετ, 21 Μαΐου 2008 - 04:15

Gaz de France (1020848.FR), which is to merge with French peer Suez (SZE.FR), has been summoned to court by the secretary of its work council in an attempt to prevent the May 26 meeting of the council from taking place, a company spokesman said Wednesday.

EU Reaches Agreement To Open Partnership Talks With Russia

Τετ, 21 Μαΐου 2008 - 04:12

European Union governments Wednesday gave the green light for talks to open on a new partnership accord with Russia, the E.U.'s Slovenian presidency announced.

E.ON Workers Walk Out; Pwr Production Not Seen Hit

Τετ, 21 Μαΐου 2008 - 04:10

Workers at E.ON AG (EOA.XE) walked out for a one-day warning strike Wednesday over a pay dispute, but the company and union executives said the action isn't affecting power production.

Gas Natural Not Looking At Any Acquisitions

Τετ, 21 Μαΐου 2008 - 04:06

Spanish gas distributor Gas Natural SDG SA (GAS.MC) isn't looking to make any acquisitions at the moment, Chairman Salvador Gabarro said Wednesday.

Kosovo and Albania Explore Projects

Τρι, 20 Μαΐου 2008 - 23:19

Kosovo and Albania have begun exploring how best to bring their economies closer, focusing on energy projects, infrastructure and trade, officials said yesterday.

US Requests China To Join IEA To Curb Energy Prices

Τρι, 20 Μαΐου 2008 - 23:08

The U.S. has asked that China join the International Energy Agency, which was set up after the oil shocks of the 1970s to help developed countries manage emergency oil supplies.

Iran Fuels Mideast Nuclear Interest; Risk Of Arms Race

Τρι, 20 Μαΐου 2008 - 03:50

Iran's disputed nuclear program has sent a wave of interest in atomic energy across the Middle East, a think tank said Tuesday, warning that it risked setting the scene for a regional nuclear arms race.

Suez In Talks Over UK Nuclear Energy Sector >SZEZY

Τρι, 20 Μαΐου 2008 - 03:48

Suez SA said Tuesday that it continues to participate in discussions with interested parties regarding the future development of the nuclear energy sector in the U.K., including discussions relating to British Energy

Eni Offers Rome Gas Grid In Exchange For Distrigas Purchase

Τρι, 20 Μαΐου 2008 - 03:45

Eni SpA (E) has offered the Italian capital's gas grid in its bid to buy the majority stake in Distrigas SA (DIST.BT) that Suez SA (SZE.FR) is selling, Eni Chief Executive Paolo Scaroni said Tuesday.