English Edition

IAEA Asks 18 Experts To Assess Agencys Future

IAEA Asks 18 Experts To Assess Agency's Future

The International Atomic Energy Agency, or IAEA, said Tuesday it had asked a group of 18 top experts to assess the future challenges facing the U.N. atomic watchdog as more countries pursue nuclear technology.

Slovak Enel-Owned Utility Wins Nuclear Plant Legal Wrangle

Slovak Enel-Owned Utility Wins Nuclear Plant Legal Wrangle

Bratislava--Slovenske Elektrarne AS, a Slovak power utility majority-owned by ENEL S.p.A. (ENEL.MI), has successfully ended a long-lasting international court dispute aimed at the shutting down of units 1 and 2 of the nuclear power plant in Mochovce.

Bulgaria may construct gas pipeline to Greece

Bulgaria may construct gas pipeline to Greece

Bulgaria may build an 80-kilometer (50-mile) natural gas pipeline between its southern city of Haskovo and Komotini in northern Greece. The link would be joined to an existing pipeline between Turkey and Greece and carry natural gas from Iran or Azerbaijan to Bulgaria’s southern regions along the Greek border, Bulgaria’s Economy and Energy Minister Petar Dimitrov said in Sofia yesterday.

Serbia Seals Gas Seal with Russia

Serbia Seals Gas Seal with Russia

Russia signed a gas pipeline deal with Serbia yesterday that underscores Moscow’s increasingly closer ties with Belgrade. The plan clears the way for the construction of the South Stream pipeline through Serbia en route to Western Europe.

Libya Oil Head: OPEC Output Seen Steady On Oil Price

Libya Oil Head: OPEC Output Seen Steady On Oil Price

Libya's top oil official Shokri Ghanem said Tuesday he believed the Organization of Petroleum Exporting Countries will keep its formal production target unchanged when it meets next week as long as crude prices stay well above $90 a barrel.

Turkmenistan To Boost Gas Production Almost 13% In 2008

Turkmenistan To Boost Gas Production Almost 13% In 2008

Turkmenistan will boost gas production by almost 13% this year to 81.5 billion cubic meters as Russia, China and Europe seek a larger share of its exports, the president said late on Monday.

EU Clears Chemical Co Ineos To Buy BPs UK Assets

EU Clears Chemical Co Ineos To Buy BP's UK Assets

The European Commission Tuesday cleared U.K. chemicals company Ineos Group Ltd. to buy U.K. oil company BP PLC's (BP) vinyl acetate monomer and ethyl acetate businesses.

DJ OMV Seeks To Cancel Shr Lending Deals At MOLs April 24 AGM

DJ OMV Seeks To Cancel Shr Lending Deals At MOL's April 24 AGM

Austrian oil and gas company OMV AG (OMV.VI), as the largest shareholder in Hungarian peer MOL Nyrt. (MOL.BU), will seek to cancel a series of treasury share lending deals and options agreements at MOL's annual meeting April 24, OMV said Tuesday.

US Sabotaging Cooperation With IAEA

US Sabotaging Cooperation With IAEA

Iran has accused the U.S. of sabotaging its cooperation with the U.N. nuclear watchdog, the Financial Times reports Tuesday.

Romanias Petrom 07 Net Pft Down 22%

Romania's Petrom '07 Net Pft Down 22%

Romania's largest vertically integrated oil company, Petrom SA (SNP.RO), said Tuesday its net profit fell around 22% in 2007 due to international crude oil price increases and lower oil output, news agency Mediafax reported.

Saudi Arabia, France Sign Terrorism, Money Laundering Pact

Saudi Arabia, France Sign Terrorism, Money Laundering Pact

RIYADH (AP)--Interior ministers of Saudi Arabia and France have signed a security agreement to combat terrorism, the official news agency reported Monday, amid the European country's efforts to take a higher profile in the Middle East.

Turkeys Gubre Wins Approval To Buy Irans Razi - IHA

Turkey's Gubre Wins Approval To Buy Iran's Razi - IHA

ISTANBUL (Dow Jones)--Turkey's chemical fertilizer and phosphoric acid manufacturer Gubre Fabrikalari T.A.S (GUBRF.IS) said Monday that a consortium it leads has secured approval to buy Iran's Razi Petrochemical, Ihlas News Agency, or IHA, reported.

Iran Reformists Still Weakened In Parliamentary Poll -AFP

Iran Reformists Still Weakened In Parliamentary Poll -AFP

TEHRAN (AFP)--Iran's embattled reformist forces can only compete in around 50% of seats in parliamentary elections despite the reinstatement of candidates disqualified in vetting, officials said on Monday.

Constanta-Trieste Pipeline Deal To Sign March 27 - Mediafax

Constanta-Trieste Pipeline Deal To Sign March 27 - Mediafax

Romania, Serbia, Croatia and Italy will sign an agreement March 27 to build the Pan-European Oil Pipeline linking Constanta in Romania to Trieste in Italy, news agency Mediafax reported Monday.