Spanish Govt Asks Iberdrola, Gas Natural To Merge Πεμ, 24 Απριλίου 2008 - 01:50 Spanish Finance Minister Pedro Solbes and Industry Minister Miguel Sebastian have asked the main shareholders of Iberdrola SA (IBE.MC) and Gas Natural SDG SA (GAS.MC) to put together a plan to merge, reports Cinco Dias in its Thursday Internet edition, citing people familiar with the talks.
OMV Committed To MOL-Takeover Plan Despite Discouraging AGM Πεμ, 24 Απριλίου 2008 - 01:48 Austrian oil and gas company OMV AG (OMV.VI) remains committed to its intention of taking over Hungarian peer MOL Nyrt. (MOL.BU) it said late Wednesday, following a discouraging MOL annual meeting.
Terna Says Still Distant From Enel On Power-Lines Price Πεμ, 24 Απριλίου 2008 - 01:47 Terna SpA (TRN.MI) Chief Executive Flavio Cattaneo said Wednesday the group is considering the option to buy Enel SpA's (ENEL.MI) power lines, but the two companies are still "distant" over price.
Gazprom Delays LNG Exports From Sakhalin To End 2009 Τετ, 23 Απριλίου 2008 - 06:27 Russia's state-run gas monopoly OAO Gazprom (GAZP.RS) will delay its first exports of liquified natural gas, or LNG, from its Sakhalin-2 project in Russia's Far East to the end of 2009, Alexander Medvedev, head of Gazprom's export arm, said Wednesday.
PPC Board Signs off on RWE Albania Plant and Gas Deals Τετ, 23 Απριλίου 2008 - 05:44 Electricity utility Public Power Corporation’s board yesterday signed off on a cooperation deal with Germany’s RWE AG under which they will jointly build a coal-fired power plant in Albania, PPC said.
EU Presses Greece on Gases Τετ, 23 Απριλίου 2008 - 05:38 Greece risks ending up before the European Court of Justice if it fails to come up with a reliable way of testing its pollution levels within the next three months and winning its way back into a United Nations carbon emissions trading program, European Union officials have told Kathimerini.
Russia Claims RUB6B In Back Tax On TNK-BP Τετ, 23 Απριλίου 2008 - 02:55 Russia's tax authorities have claimed 6 billion rubles ($256 million) in back taxes on TNK-BP (TNBP.RS), BP PLC's (BP) Russian joint venture, for the 2004-05 tax period, the Vedomosti daily reported Wednesday, citing an unnamed source close to the company.
Oman In Talks To Finalize Two Gas Deals With Iran Τετ, 23 Απριλίου 2008 - 02:54 Oman hopes to finalize agreements to develop two Iranian natural gas fields jointly with the Islamic republic within three months, the Iranian oil ministry's official Shana Web site reported Tuesday.
E.ON Selects Areva's EPR For Its UK Nuclear Power Projects Τετ, 23 Απριλίου 2008 - 02:53 French nuclear company Areva (CEI.FR) Wednesday said it has secured a global cooperation agreement with German energy company E.ON (EONGY) for E.ON's nuclear power projects in the U.K.
MOL Says BNP Paribas Holds 7.03% Voting Rights In MOL Τετ, 23 Απριλίου 2008 - 02:52 Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Wednesday that French bank BNP Paribas SA (13110.FR) holds 7.03% indirect voting rights in the Hungarian company.
RWE: American Water Mkt Value About EUR600M Below Book Value Τετ, 23 Απριλίου 2008 - 02:50 German utility RWE AG (RWE.XE) Wednesday said it had to publicly list 36% of its its U.S.-based water unit American Water Works Co Inc. below book value.
TGK-11 Board Sets SPO Price At RUB0.04 A Share Τετ, 23 Απριλίου 2008 - 02:49 The board of Russian regional power generator OAO TGK-11 (TGKK.RS) has set the price of its additional share issue at 0.040225 rubles ($0.002) a share, Interfax news agency reported Wednesday, citing a company disclosure.
Iran, IAEA To Discuss Claims Iran Tried To Make Nuclear Arms Τετ, 23 Απριλίου 2008 - 02:47 Iran has agreed to cooperate with the International Atomic Energy Agency investigation of allegations that Tehran tried to make nuclear arms.
E.ON Releases Price Guidance On 2-Part Euro Benchmark Bond Τετ, 23 Απριλίου 2008 - 02:46 Power company E.ON (EONGY) has released price guidance on its forthcoming, two-part, euro-denominated bond, one of the lead managers on the deal said Wednesday.
Iraq Oil Τρι, 22 Απριλίου 2008 - 05:32 State-owned Turkish Petroleum Corporation (TPAO) is in talks with some firms for possible cooperation on large-scale oil exploration in Iraq, General Manager Mehmet Uysal told Reuters yesterday.
Nabucco Link Not Compromised Τρι, 22 Απριλίου 2008 - 05:27 Turkey said its shipments of Azeri natural gas to Greece and Italy do not compete with the 5-billion-euro Nabucco pipeline project because the Caspian Sea can provide enough fuel for both links.