English Edition

Hellenic Petroleum Eyes Albania's ARMO Refiner

Παρ, 14 Μαρτίου 2008 - 04:47

Hellenic Petroleum SA (ELPE.AT) is interested in bidding for Albanian state-owned refiner ARMO, which is slated for privatization, financial daily Imerisia reported Friday.

MOL Signs Option Pacts With ING For Shrs BNP Sells To ING

Παρ, 14 Μαρτίου 2008 - 04:46

Hungarian oil and gas company MOL Nyrt. (MOL.BU) said that it signed Friday agreements with ING Bank N.V. (ING) regarding 1,404,217 MOL series "A" ordinary shares.

Vattenfall, Siemens In SEK1.6B Wind Power Agreement

Παρ, 14 Μαρτίου 2008 - 04:44

Vattenfall and Siemens said Friday they have signed a two-year framework agreement for the supply of wind power plant.

Middelman Not Eliminated In Russia, Ukraine Gas Deal

Παρ, 14 Μαρτίου 2008 - 04:43

Thursday's agreement between Russia's gas monopoly OAO Gazprom (GAZP.RS) and Ukraine's Naftogaz over supplies of natural gas does not eliminate the intermediary RosUkrEnergo, Vedomosti daily reported Friday, citing Naftogaz's spokesman Valentin Zemlyanichny.

EU Clashes With Ministry Over Acheloos

Παρ, 14 Μαρτίου 2008 - 03:54

The ongoing conflict over the diversion of the Acheloos River in Aitoloacarnania in western Greece is now in its final stages, as environmental groups, local organizations and the residents of Mesohora, Trikala, have acquired a new ally, in addition to the Council of State, that could just swing the balance in their favor.

Bulgaria to Auction Bobov Dol Thermal Power Plant

Παρ, 14 Μαρτίου 2008 - 03:53

Bulgaria will auction its Bobov Dol thermal power plant in three months, after two previous failed attempts to sell the outdated generator to a strategic investor, the privatization agency said yesterday. The starting price for the 420-megawatt, coal-fired plant in western Bulgaria is set at 100 million lev, the agency said in a statement.

OPEC, CFTC, Cargill Seen At IEA Oil Price Mtg Mon

Πεμ, 13 Μαρτίου 2008 - 08:06

A long-planned International Energy Agency meeting Monday to discuss the factors behind the record oil price is set to hear from officials from the Commodity Futures Trading Commission, the Organization of Petroleum Exporting Countries and Cargill Inc. as well as from oil companies such as Norway's StatoilHydro ASA (STO), sources said Thursday.

New drive to attract foreign investment

Πεμ, 13 Μαρτίου 2008 - 05:50

Greece’s high growth rates and its economic role in the broader region of Southeasters Europe are two of the country’s main comparative advantages that make it an attractive destination for foreign investment, Economy Minister Giorgos Alogoskoufis said yesterday.

RWE Joint Bid For TGK-2 Likely To Be Highest

Πεμ, 13 Μαρτίου 2008 - 04:43

German utility RWE's (RWE.XE) joint bid for the Russian government's 33% stake in regional power generator OAO TGK-2 (TGKB.RS) is likely to be the highest, a person familiar with the matter told Dow Jones Newswires Thursday.

Enel Has Close Working Relationship With Acciona

Πεμ, 13 Μαρτίου 2008 - 04:42

Enel SpA (ENEL.MI) Chief Executive Fulvio Conti said Thursday the company has a "close working relationship" with the other controlling shareholder of Endesa (ELE.MC), Spanish company Acciona (ANA.MC).

StatoilHydro Oil Spill Investigation Reveals Big Deficiencies

Πεμ, 13 Μαρτίου 2008 - 04:41

Petroleum Safety Authority Norway Thursday said failure to allocate clear responsibilities, lack of risk understanding and design shortcomings in the loading system were among the underlying causes of the break in the Statfjord A loading hose operated by StatoilHydro on December 12, according to a report by the authority, the Norwegian Pollution Control Authority and the Norwegian Coastal Administration.

Gazprom, Ukraine Agree On Central Asian Gas Price For 2008

Πεμ, 13 Μαρτίου 2008 - 04:39

Russian gas monopoly OAO Gazprom (GAZP.RS) Thursday said it had reached an agreement with neighboring Ukraine over natural gas supplies for 2008.

GdF Takes Lion's Share Of EdF Power Sale

Πεμ, 13 Μαρτίου 2008 - 04:38

Gaz de France (1020848.FR) was the principal winner of a drawing rights auction organized by Electricite de France (1024251.FR) to allow its competitors access to cheaper power, French business newspaper Les Echos reported Thursday, citing anonymous sources.