English Edition

Russian Min To Visit Mideast To Stem Degrading Conditions

Τρι, 11 Μαρτίου 2008 - 07:08

Russia's foreign minister will head to the Middle East next week to help stem growing violence in the region and "degrading conditions" between Israel and the Palestinians, a Foreign Ministry official said Tuesday.

Hungary To Transform Power Wholesaler For Lower Prices, Sale

Τρι, 11 Μαρτίου 2008 - 07:07

Hungarian Prime Minister Ferenc Gyurcsany Tuesday ordered Finance Minister Janos Veres to transform state-owned power wholesaler Magyar Villamos Muvek Zrt. to prepare it for privatization and eventually lower electricity prices, a government spokesman said.

Endesa, Open Auction Possible If No Price Agreed On E.ON Deal

Τρι, 11 Μαρτίου 2008 - 07:06

Endesa SA (ELE.MC) may start an open auction for a large portfolio of European assets if it doesn't reach an agreement with Germany's E.ON AG (EOA.XE) over its final price, a top official of the Spanish power company said Tuesday.

Chayanda Gas Field May Be Transferred To Gazprom

Τρι, 11 Μαρτίου 2008 - 05:24

The Russian government is considering transferring the rights to the Far Eastern Chayanda gas field to OAO Gazprom (GAZP.RS), the Interfax news agency said Tuesday, citing Vitaly Karaganov, a deputy departmental head at the Energy Ministry.

Greek Power Company, Union Reach Deal To Boost Supply

Τρι, 11 Μαρτίου 2008 - 05:23

Management and workers at Greece's dominant electric company, Public Power Corp. SA (PPC.AT), reached a deal Tuesday to resume operations at two of 16 power plants shut by recent strike action.

Gazprom To Buy Central Asian Gas At European Prices From 2009

Τρι, 11 Μαρτίου 2008 - 05:22

Russia's state-controlled gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it would buy gas from Kazahstan, Uzbekistan and Turkmenistan at European prices from 2009.

Price Relief Unlikely Amid Varied Demand Trends-IEA

Τρι, 11 Μαρτίου 2008 - 05:20

The International Energy Agency on Tuesday said high, $100 a barrel crude prices continue to chip away at oil consumption in the U.S. and other industrialized nations, but warned that there is unlikely to be much relief from current prices because of brisk demand in China and other emerging markets.

E.ON Nominates Three New Supervisory Board Members >EOA.XE

Τρι, 11 Μαρτίου 2008 - 05:18

German utility E.ON AG (EOA.XE) plans three changes to its supervisory board, according to the invitation for its annual general meeting published on the company's Web site.

OMV Awarded Additional Exploration License In Norway

Τρι, 11 Μαρτίου 2008 - 05:17

Austrian oil and gas company OMV AG (OMV.VI) has been awarded one additional offshore exploration license in Norway, the company said Tuesday.

Yukos To Sell 49% Stake In Transpetrol To Slovak Govt

Τρι, 11 Μαρτίου 2008 - 05:16

Netherlands-based Yukos Finance B.V., a former unit of dismantled Russian oil firm OAO Yukos, is in talks to sell a 49% stake in oil pipeline operator Transpetrol to the Slovakian government, Vedomosti daily reported Tuesday.

GdF Euro Works Council Has Enough Info On Suez Tie-Up

Τρι, 11 Μαρτίου 2008 - 05:13

The European works' council of Gaz de France (1020848.FR) has enough information to give an opinion on the company's planned tie-up with Suez (SZE.FR) when it meets later Tuesday, French business newspaper La Tribune reported Tuesday without saying where it got the information.