EU Blast at Unfair Power Competition Πεμ, 6 Μαρτίου 2008 - 02:07 The European Commission charged yesterday that Greece broke EU law by giving state-owned utility Public Power Corporation (PPC) “quasi-exclusive” rights to soft coal.
Blackout Risk at Any Moment Πεμ, 6 Μαρτίου 2008 - 02:03 Greece remains today under the threat of a blackout, following the third day of strike action by Public Power Corporation (PPC) employees which caused extensive power cuts in many areas across the country yesterday.
EU Energy Chief, EU Gas Cut In Ukraine-Gazprom Dispute A Threat Τετ, 5 Μαρτίου 2008 - 04:59 European Union Energy Commissioner Andris Piebalgs said Tuesday that he believed gas supply cuts to the E.U. are a "real threat" given the escalation of the dispute between Russia's Gazprom OAO (OGZPY) and Ukraine.
German Regulator Starts Gas Price Probe Vs 35 Cos Τετ, 5 Μαρτίου 2008 - 04:57 The German cartel office said Wednesday it has started an investigation of 35 gas providers on suspicion of improperly inflated natural gas prices for both industrial and private household customers.
Terna Urges Lawmakers To Speed Up Lines Permits For Wind Pwr Τετ, 5 Μαρτίου 2008 - 04:54 Terna SpA (TRN.MI), Italy's biggest electricity grid by capacity Wednesday urged the country's central and local governments to speed up approving new power lines to help the growth of electricity generated from wind.
E.ON Ruhrgas CEO Says Grid Regulation Risk For Invest Returns Τετ, 5 Μαρτίου 2008 - 04:51 E.ON Ruhrgas AG's Chief Executive Bernhard Reutersberg said Wednesday that network regulation in Germany is making the profitable operation of gas grids ever harder.
EU, Naftogaz Has Not Notified EU Of Gas Transit Cuts Τετ, 5 Μαρτίου 2008 - 04:48 The European Commission said Wednesday that Naftogaz Ukrainy hasn't notified it of any gas transit cuts to the European Union, the news agency RIA-Novosti reported.
EU Asks Greece To Improve Electricity Market Competition Τετ, 5 Μαρτίου 2008 - 03:08 The European Commission Wednesday asked Greece to improve competition in its electricity sector by giving companies fairer access to lignite, used to generate the bulk of local electricity.
Iraqi Oil Min: Iraq, Iran To Develop 2 Shared Oil Fields Τετ, 5 Μαρτίου 2008 - 03:07 Iraq's Oil Minister Hussein al-Shahristani Wednesday said Iraq and Iran have agreed to the joint development of two oil fields near the countries' shared border.
Saudi Oil Min Upbeat On Energy Demand, Pumping 9.2 Mln B/D Τετ, 5 Μαρτίου 2008 - 03:05 Saudi oil minister Ali Naimi Wednesday gave an upbeat view of global energy demand, saying the kingdom is pumping 9.2 million barrels a day and finding customers for it.
RWE Innogy Acquires 300 MW Wind Farm Projects In Hungary Τετ, 5 Μαρτίου 2008 - 03:03 Germany RWE AG's (RWE.XE) RWE Innogy GmbH has acquired a series of wind farm projects in western Hungary, in a deal with project developer Aufwind Schmack GmbH, Regensburg, RWE said Wednesday.
IAEA Board Debates Iran Nuclear Dossier Τετ, 5 Μαρτίου 2008 - 03:02 The U.N. atomic watchdog sat down to discuss the Iran nuclear dossier, the last major topic on the agenda of its regular March board meeting here, which could be wrapped up by end Wednesday.
Greece PPC Begins Rolling Blackouts Due To Strike Τετ, 5 Μαρτίου 2008 - 03:00 Greece's dominant electric utility, Public Power Corporation SA (PPC.AT), began rolling blackouts early Wednesday in some two dozen localities across the country as an ongoing strike by workers shut down power plants.
Oil Mkt Well Supplied, Stocks To Stay In 5-Yr Avg Τετ, 5 Μαρτίου 2008 - 02:59 OPEC President Chakib Khelil opened the meeting of the oil group Wednesday by reaffirming its view that oil markets are well supplied and crude inventories are set to remain within their five-year average.
PM Says Ukraine Won't Hit Gas Supplies To Europe Τετ, 5 Μαρτίου 2008 - 02:57 Ukraine won't disrupt Russian gas supplies to the European Union via its territory, Prime Minister Yulia Tymoshenko was quoted by the Interfax news agency as saying Wednesday amid a payment row between Kiev and Moscow.
Iraq Oil Min, Will Compensate Foreign Cos With Crude Τετ, 5 Μαρτίου 2008 - 02:56 Iraq intends to compensate several major oil companies in talks to develop its oil industry with crude oil, Iraq's Oil Minister Hussein al-Shahristani said Wednesday.