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Algeria Min: First Calgary Should Keep Mngmt Through Devt

Algeria Min: First Calgary Should Keep Mngmt Through Devt

Algeria's oil minister on Saturday warned dissident shareholders of Canadian gas exploration company, First Calgary Petroleums Ltd. (FCP.T), against booting out the current management, saying it could cause disruptions to the development of the company's prime Algerian asset.

Sustainable Living in an Urban Environment

Sustainable Living in an Urban Environment

Prominent architects who are promoting sustainable solutions for buildings and towns around the world are meeting in Athens until Monday to exchange views on how to make a zero impact on the environment.

Locals Οppose Lignite Plants

Locals Οppose Lignite Plants

Residents of municipalities in central and northern Greece which have been slated for the construction of coal-fired electricity plants are protesting the plans which, they say, will pose an environmental and health risk.

Russia, Mongolia To Cooperate In Uranium Sector

Russia, Mongolia To Cooperate In Uranium Sector

Russia and Mongolia signed on Friday an agreement on cooperation in the uranium sector, as Moscow pushes to develop nuclear power in the neighboring state, Russian news agencies reported.

Portugal Govt About To Launch New 200-MW Wind Tender

Portugal Govt About To Launch New 200-MW Wind Tender

The Portuguese government is about to launch a new phase of its wind energy tender, the national news agency reported Friday, citing Prime Minister Jose Socrates speaking in parliament.

Suez To Unveil Distrigas Winner Before GdF Merger

Suez To Unveil Distrigas Winner Before GdF Merger

Franco-Belgian utility Suez's (SZE.FR) Chairman and Chief Executive Gerard Mestrallet said Friday the company expects to unveil the winner of a three-company shortlist to buy its stake in Belgium's Distrigas (DIST.BT) ahead of the extraordinary general assembly it will hold to rubber stamp its planned merger with Gaz de France (1020848.FR).

La Caixa Denies Report Its Eyeing Iberdrola Stake IBE.MC

La Caixa Denies Report It's Eyeing Iberdrola Stake >IBE.MC

Spanish lender La Caixa Friday denied a press report that it's willing to buy the 12% stake held in Iberdrola SA (IBE.MC) by Actividades de Construccion y Servicios SA (ACS.MC), or ACS, as a measure to pave the way for a multibillion deal in Spain's utility sector.

Global Refinery Runs Seen At 73.7M B/D For 2Q - IEA

Global Refinery Runs Seen At 73.7M B/D For 2Q - IEA

Falling demand and rising refinery maintenance are expected to trim global refinery output in the second quarter, The International Energy Agency forecast Friday.

Kazmunaigas EP Board: 2007 Dividend Payment At $0.78 Per GDR

Kazmunaigas EP Board: 2007 Dividend Payment At $0.78 Per GDR

Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ), a unit of Kazmunaigas, said Friday its board of directors has recommended a dividend for 2007 of 563 tenge per share, approximately $0.78 per global depository receipt.

RWE Bid For British Energy Could Make Strategic Sense

RWE Bid For British Energy Could Make Strategic Sense

A reported bid for U.K. nuclear power generator British Energy Group PLC (BGY.LN) by RWE AG (RWE.XE) could make strategic sense and would be in line with the German company's goal of improving its carbon dioxide emissions profile, analysts say.

French Fin Mins Richard Well Placed To Be EdF CEO

French Fin Min's Richard Well Placed To Be EdF CEO

Stephane Richard, head of the cabinet of French Finance Minister Christine Lagarde, is "well placed" to succeed Pierre Gadonneix as Chief Executive of Electricite de France (1024251.FR), French business newspaper Les Echos reported Friday, citing matching reports from different anonymous sources.