English Edition

Iberdrola:Would Study M&A Approaches, No GasNat Talks

Τρι, 15 Απριλίου 2008 - 04:28

Iberdrola SA (IBE.MC) is open to study any possible merger-and-acquisition approaches but it hasn't held any formal talks with Spanish natural gas distributor Gas Natural SDG SA (GAS.MC), Chairman Ignacio Galan said Tuesday.

Gazprom Unlikely To Seek Short Term Gas Deals

Τρι, 15 Απριλίου 2008 - 04:26

Gazprom (GAZP.RS) is unlikely to seek shorter-term gas supply contracts in the future, Deutsche Bank says after Algeria pledges to do just that.

Serb-Russian Power Tie-In?

Τρι, 15 Απριλίου 2008 - 03:27

Serbia’s electricity monopoly is considering building new power plants jointly with Russia’s Inter RAO, sources told Reuters on Friday, in a deal that would give the Russians partial control of Serbia’s electricity market.

Power Shortage Likely in Summer

Τρι, 15 Απριλίου 2008 - 03:20

Greece is likely to experience energy shortages until 2010 due to power demand exceeding supply, according to a report seen by Kathimerini.

Serbia and Russia Clinch Power Deal

Τρι, 15 Απριλίου 2008 - 03:10

Serbian power monopoly EPS and Russia’s electricity trader Inter RAO yesterday signed a wide-ranging strategic partnership deal that could see them build together power plants and also join forces abroad.

Petrol Ofisi in Ceyhan

Τρι, 15 Απριλίου 2008 - 02:58

Turkish fuel retailer Petrol Ofisi said yesterday it would push ahead with refinery plans in the Mediterranean oil hub of Ceyhan, despite uncertainty triggered by legal changes to the licensing process.

RosUkrEnergo To Continue Gas Supply To Ukraine In '08

Δευ, 14 Απριλίου 2008 - 04:32

RosUkrEnergo, an intermediary half-owned by Russia's gas monopoly OAO Gazprom (GAZP.RS), will continue to supply Ukraine with gas in 2008, the newspaper Vedomosti reported Monday citing Ukrainian's official.

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals

Δευ, 14 Απριλίου 2008 - 04:31

Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields, an Iraqi oil ministry statement said Sunday.

Turkey Plans 2 Extra Units At Afsin-Elbistan Power Plant

Δευ, 14 Απριλίου 2008 - 04:29

Turkish Energy Minister Hilmi Guler said at the weekend that two more units will be built at the Afsin-Elbistan coal-fired power plant, the Ihlas News Agency, or IHA, reported.

MOL, ExxonMobil To Start Joint Exploration In Hungary

Δευ, 14 Απριλίου 2008 - 04:25

Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Monday that it will start a joint exploration program with ExxonMobil (XOM) can in Hungary's entire Mako trough.

Eni Made Best Offer For Suez's Distrigas Stake

Δευ, 14 Απριλίου 2008 - 04:23

Italy's largest oil and gas company Eni SpA (E) is the frontrunner to purchase Suez's (SZE.FR) stake in Belgian gas distributor Distrigas SA (DIST.BT), Belgian daily Le Soir reported in its weekend edition.

Istanbul Grid And Sea Transport Cos To Be Privatized

Δευ, 14 Απριλίου 2008 - 04:21

Istanbul's municipal gas distribution company IGDAS and sea transport company IDO will be privatized after local elections in March next year, Ihlas news agency, or IHA, reported Monday, citing Mayor Kadir Topbas in Turkish daily Sabah.

UN Official: Biofuel Production Crime Against Humanity

Δευ, 14 Απριλίου 2008 - 04:17

Massive production of biofuels is "a crime against humanity" because of its impact on global food prices, a U.N. official said Monday on German radio.