English Edition

Russia Still Most Reliable Gas Source

Τρι, 4 Μαρτίου 2008 - 03:21

Almost half of energy industry executives still consider Russia to be the most reliable supplier of gas to the European Union, despite OAO Gazprom's (GAZP.RS) cut in gas supplies to Ukraine this week.

Gazprom, Ukraine Talks Stuck, May Cut Supply More

Τρι, 4 Μαρτίου 2008 - 03:19

Russian state gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it planned to cut deliveries of natural gas to Ukraine further after Ukrainian officials didn't turn up for planned talks aimed at ending the pair's supply dispute.

Greece's PPC Warns Of Significant Risk To Power Supply

Τρι, 4 Μαρτίου 2008 - 03:18

The country's dominant electric utility, Public Power Corporation SA (PPC.AT), Tuesday warned of a "significant" risk to the country's power supply due to strike action by power sector workers.

Iran Oil Min, Global Mkts Well Supplied, Weak Dollar An Issue

Τρι, 4 Μαρτίου 2008 - 03:17

Iran's Oil Minister Gholam Hussein Nozari Tuesday said the Organization of Petroleum Exporting Countries will consider all factors affecting the oil market before making a decision on output at Wednesday's meeting. Speaking to reporters on his arrival in Vienna, Nozari said "global markets are well supplied...and the weak U.S. dollar is an issue."

Tariff For ESPO Pipeline To Be $38.80 A Ton

Τρι, 4 Μαρτίου 2008 - 03:15

The cost of shipping one ton of oil through the Russia's East Siberia-Pacific Ocean pipeline will be $38.80, the Vedomosti business daily said Tuesday citing Denis Volkov, the head of the Federal Tariff Agency.

PPC Warns of Power Outages

Τρι, 4 Μαρτίου 2008 - 02:53

A strike at Greece’s electricity utility Public Power Corporation (PPC) has disrupted energy production throughout the country and may lead to partial power cuts, the company said yesterday.

Gas Supplies Won't Be Affected By Russia/Ukraine Dispute

Δευ, 3 Μαρτίου 2008 - 07:07

European Union gas supplies won't suffer as a result of Russian gas company OAO Gazprom's (GAZP.RS) decision to cut supplies to Ukraine, the European Commission said Monday.

RWE Gets Approval To Build Hard-Coal Power Plant In Hamm

Δευ, 3 Μαρτίου 2008 - 07:06

German utility RWE AG (RWE.XE) Monday said it has received approval from the local government of Arnsberg to build a new hard-coal power plant in Hamm, a city in North-Rhine Westphalia, at an investment of approximately EUR2 billion.

Iran, New UN Nuclear Plan Will Complicate Matters

Δευ, 3 Μαρτίου 2008 - 07:04

Iran warned Monday that a new U.N. Security Council resolution against Tehran over its nuclear activities would only complicate the standoff with the West, the official IRNA news agency reported.

Ukraine Warns Of 'Gas War' As Russia Cuts Supplies

Δευ, 3 Μαρτίου 2008 - 07:03

Russia Monday cut gas supplies to neighboring Ukraine by a quarter after debt talks failed, prompting Ukrainian President Viktor Yushchenko to warn of a possible new "gas war" with Moscow.

PPC Loses Another Battle

Δευ, 3 Μαρτίου 2008 - 04:22

The clash between the Public Power Corporation (PPC) and Aluminium of Greece (AoG) is showing no sign of abatement. On Thursday an Athens court deferred an injunction case filed by AoG against PPC until June 2009, which effectively perpetuates the transitional status of electricity supply by Aluminium of Greece.

Talks Between Gazprom, Ukraine's Naftogaz Underway

Δευ, 3 Μαρτίου 2008 - 03:10

Ukraine's state-owned oil and gas monopoly Naftogaz Ukrainy and Russian gas monopoly OAO Gazprom (GAZP.RS) are in talks to resolve the payment dispute, which caused Gazprom to reduce the gas supply to Ukraine, a person familiar with the matter said Monday.

DJ E.ON: No Impact On Gas Supply From Gapzrom, Ukraine Dispute

Δευ, 3 Μαρτίου 2008 - 03:09

E.ON Ruhrgas AG, Germany's largest importer of natural gas, Monday said it doesn't expect natural gas supplies will be impacted by the latest dispute between Gazprom OAO (GAZP.RS) and the Ukraine.