English Edition

Ukraine Allows Naftogaz To Siphon Gas Meant For Europe

Παρ, 7 Μαρτίου 2008 - 03:19

Ukraine's government Wednesday passed a resolution theoretically allowing state energy company Naftogaz Ukrainy to siphon off transit gas destined for Europe, should a problem arise with domestic supplies, the Vedomosti daily reported Friday.

Suez Unit Buys 25% Stake of SITA Sverige From E.on

Παρ, 7 Μαρτίου 2008 - 03:18

Suez (SZE.FR) unit Suez Environment said Friday its has concluded an agreement with E.On (EOA.XE) to unbundle their joint shareholdings in three Swedish companies involved in the waste market.

Iran Plans To Deliver Gas To Europe Via Croatia

Πεμ, 6 Μαρτίου 2008 - 03:45

Iran plans to pipe natural gas to European Union countries through Croatia, state-run Irna news agency reported late Wednesday, citing Zagreb-based weekly National.

Enel CEO, In Talks With Terna On Possible Sale Of Power Lines

Πεμ, 6 Μαρτίου 2008 - 03:43

Enel SpA (ENEL.MI) is in talks with several buyers, including Italian grid Terna SpA (TRN.MI), about the potential sale of its high-tension power lines, Chief Executive Fulvio Conti said Thursday.

UK Nuclear Authority Offers Assets For Use In Nuclear Build

Πεμ, 6 Μαρτίου 2008 - 03:38

The U.K.'s Nuclear Decommissioning Authority Thursday invited companies to contact them over potentially using their assets for the construction of new nuclear power plants in the U.K.

E.ON CFO Says Sees No Need For Antitrust Related Provisions

Πεμ, 6 Μαρτίου 2008 - 03:36

E.ON AG (EONGY), the world's largest investor-owned utility by market value, doesn't see any need for antitrust-related provisions in 2008, Chief Financial Officer Marcus Schenck told reporters at the company's annual earnings press conference Thursday.

Turkey's Baskent Dogalgaz Sale Draws Interest From 35 Cos-IHA

Πεμ, 6 Μαρτίου 2008 - 03:34

Thirty-five foreign and domestic firms have purchased bid specifications in the tender for the sale of Baskent Dogalgaz AS, which distributes gas in the Turkish capital Ankara, the company's general manager Veysel Karani Demir told Ihlas News Agency, or IHA, Thursday.

DJ Lukoil, KazMunaiGaz To Start Atash Drilling In April

Πεμ, 6 Μαρτίου 2008 - 03:29

Russian oil major OAO Lukoil (LKOH.RS) and Kazakhstan's state-owned oil and gas company KazMunaiGaz will start drilling the first exploration well at the Atash field in Kazakhstan in April, news agency Prime-Tass reported Thursday citing Lukoil's deputy Chief Executive Ravil Maganov.

E.ON CEO Says Grid Sale Plan Is Entrepreneurial Decision

Πεμ, 6 Μαρτίου 2008 - 03:24

E.ON AG (EOA.XE), the world's largest investor-owned utility by market value, Thursday said its proposal to sell its German high-voltage power transmission grid was an "entrepreneurial" decision.

Enel Mulling Setting Up Renewables Co For IPO

Πεμ, 6 Μαρτίου 2008 - 03:22

Enel SpA (ENEL.MI) is studying the possibility of setting up a new company that will hold its renewable energy assets, in a move already made by some of its biggest rivals, Italian daily MF reports Thursday, without citing sources.

Greece's PPC Extends Rolling Blackouts Due To Strike

Πεμ, 6 Μαρτίου 2008 - 03:18

Greece's dominant electricity utility, Public Power Corporation SA (PPC.AT), extended rolling blackouts early Thursday as an ongoing strike by workers over pension reform dragged into a fourth day.

DJ Rosneft In Talks With China To Extend Pact For 5 Yrs

Πεμ, 6 Μαρτίου 2008 - 03:17

Russian oil major OAO Rosneft (ROSN.RS) is in talks with China on extending its current supply contract for five more years, the newspaper Kommersant reports Thursday, citing an unnamed source familiar with the matter.

Sofia to Raise 2020 Green Energy Usage

Πεμ, 6 Μαρτίου 2008 - 02:10

Bulgaria hopes to increase the share of renewable energy to 16 percent of total annual power consumption by 2020, the state power monopoly NEK said yesterday.