English Edition

Power Officials Praying for More Rain Before Summer

Πεμ, 10 Απριλίου 2008 - 23:44

Greece Facing EU Court Action

Πεμ, 10 Απριλίου 2008 - 23:16

Greece is likely to face the European Court of Justice over several infringements related to failure to implement EU guidelines on environmental policy, sources said yesterday.

Aegean Air to Raise its Fuel Surcharges

Πεμ, 10 Απριλίου 2008 - 05:40

Aegean Airlines, the second-biggest carrier in Greece, will increase ticket surcharges starting April 15 to cover the rising cost of fuel.

Conference Hears Concern on Future Energy Supplies

Πεμ, 10 Απριλίου 2008 - 05:36

Greek energy policy currently aims at the diversification of energy sources and securing adequate supplies but does not include plans for the development of nuclear power stations, Development Minister Christos Folias said yesterday.

Romania Εconomy Seen Stronger

Πεμ, 10 Απριλίου 2008 - 05:34

Romania’s economy has shown encouraging signs, such as faster export growth and a more sustainable currency exchange rate, but threats to long-term stability remain, central bank head Mugur Isarescu said.

Gazprom, Eni To Pipe Gas From Libya To Europe

Πεμ, 10 Απριλίου 2008 - 03:58

OAO Gazprom (GAZP.RS) and Eni SpA (E) are preparing to join forces to pipe natural gas from Libya to southern Europe, the International Herald Tribune reports Thursday.

Iberdrola 1Q Power Output Up 43% On Scottish Power Buy

Πεμ, 10 Απριλίου 2008 - 03:57

Iberdrola SA (IBE.MC) Thursday said first-quarter power output rose 43% to 35,822 gigawatt-hours, boosted by last year's acquisition of U.K. utility Scottish Power and a rapid rise in coal-fired generation.

EDF CEO Gadonneix Looking For A Successor

Πεμ, 10 Απριλίου 2008 - 03:55

French state-controlled electricity operator Electricite de France's (1024251.FR) Chief Executive Pierre Gadonneix is actively looking for a successor until May 20, French weekly L'Express reports Thursday without citing sources.

Timan Oil & Gas: Russia Recognizes KNG Discovery

Πεμ, 10 Απριλίου 2008 - 03:54

Timan Oil & Gas said Thursday its wholly-owned subsidiary OOO Komineftegas was officially issued with a Certificate of Commercial Discovery by the Russian Federal Subsoil Agency, or Rosnedra, in relation to the discovery of oil made within the company's exploration licence area at the Khudoyelskoye oilfield in the Timan-Pechora region of the Komi Republic.

Austria's EVN To Carry Out Stock Split April 17

Πεμ, 10 Απριλίου 2008 - 03:52

Regional Austrian utility EVN AG (EVNV.VI) Thursday said an earlier announced stock split will take place April 17.

Two Russian Regions Pursue Total For Up To EUR170B

Πεμ, 10 Απριλίου 2008 - 03:50

Two Russian regions have demanded compensation from French oil company Total SA (TOT) for up to EUR170 billion related to oil fields which were never exploited, according to a report in French daily newspaper Le Figaro Thursday, citing unspecified sources.

EDP To List Renewables Unit In Early June

Πεμ, 10 Απριλίου 2008 - 03:49

Portuguese utility EdP-Energias de Portugal (EDP.LB) plans to list its renewables unit in early June, Diario Economico reports Thursday, citing people close to the process.

RWE Offer On British Energy May Spur Bidding Battle

Πεμ, 10 Απριλίου 2008 - 03:47

Shares in British Energy Group PLC (BGY.LN), the U.K.'s largest power producer, rose more than 4% Thursday on a report that Germany's RWE AG (RWEOY) has offered close to 700 pence a share in cash for the company, likely spurring a bidding war as other utilities seek to claim a stake in the company, analysts said Thursday.