MOL Says It Bought 21,300 Treasury Shrs Mon At HUF20,053/Shr Τρι, 18 Μαρτίου 2008 - 04:28 Hungarian oil and gas company MOL Magyar Olaj- es Gazipari Nyrt. (MOL.BU) said Tuesday that it bought 21,300 treasury shares Monday at an average price of HUF20,053/share on the Budapest stock exchange through OTP Nyrt. (OTP.BU).
Global Energaz Offers Top Bid for Ankara’s Gas Grid Δευ, 17 Μαρτίου 2008 - 04:18 Global Energaz was the highest bidder in an auction to buy one of Turkey’s state-owned natural gas networks, offering $1.61 billion (–1 billion) for one of the most valuable assets in the country’s privatization program.
Iran, Switzerland Sign Gas Export Deal Δευ, 17 Μαρτίου 2008 - 04:15 Iran and Switzerland on Monday signed a major gas agreement for the export of Iranian gas to a Swiss company, in a rare energy deal between Tehran and the West amid the continued nuclear crisis.
Saudi Elec Be Split Into 4; Power Sector To See Competition Δευ, 17 Μαρτίου 2008 - 04:13 Saudi Electricity Co., the country's largest power producer, is set to be broken up into four entities that will be open to foreign investment amid plans to create competition in the country's electricity sector.
Legitimacy of PPC Strike to be Examined by Court While Employees Vow to Continue Industrial Action Δευ, 17 Μαρτίου 2008 - 04:12 A restraining order against GENOP-PPC (the Public Power Corporation employees trade union) is to be examined by a court in Athens today, amid continuing power cuts across the country.
Shell Quells Reserve Fears; Boosts Oil Sands, LNG Δευ, 17 Μαρτίου 2008 - 04:11 Royal Dutch Shell PLC (RDSB.LN) eased fears that it risked a repeat its oil reserves crisis of 2004 when it announced Monday that its net reserves at the end of last year were stable.
Kazmunaigas EP 2007 Net Pft KZT157B, Up 28% On Year Δευ, 17 Μαρτίου 2008 - 04:10 London-listed Kazakh oil and gas producer KazMunaiGas Exploration Production (RDGZ.KZ) said Monday that its net income rose 28% to 157 billion tenge ($1.28 billion) last year on higher crude oil prices and increased production.
Suez Environnement To Acquire US Utility Service Company Δευ, 17 Μαρτίου 2008 - 04:09 Suez Environment, a division of French utility Suez (SZE.FR), Monday said it is to acquire Utility Service Company, or USC, which provides water tank maintenance services.
Polish Regulator: 10%-20% Gas Price Increase For PGNiG Likely Δευ, 17 Μαρτίου 2008 - 04:08 An increase in the price of natural gas that is to be approved by the Polish market regulator, or URE, will likely range between 10%-20%, URE Deputy President Marek Woszczyk said Monday.
Gazprom To Create Europe's Largest Gas Exchange Δευ, 17 Μαρτίου 2008 - 04:07 Russia's state gas monopoly OAO Gazprom (GAZP.RS) is planning to create what it says will become Europe's largest gas trading platform, the Kommersant daily reported Monday, citing unnamed sources in the industry.
MOL Says It Bought 20,000 Treasury Shrs On Bourse Friday Δευ, 17 Μαρτίου 2008 - 04:06 Hungarian oil and gas company MOL Magyar Olaj- es Gazipari Nyrt. (MOL.BU) said Monday that it purchased 20,000 shares of its registered equity on the Budapest Stock Exchange Friday.
Rosneft Repays $5.2B Tranche Of Bridge Loan >ROSN.RS Δευ, 17 Μαρτίου 2008 - 04:04 Russia's largest oil producer OAO Rosneft (ROSN.RS) Monday said it had repaid a $5.2 billion tranche of a bridge loan drawn in early 2007.
Bulgarian Economic Growth Seen as Gaining Ground in Q4 2007 Δευ, 17 Μαρτίου 2008 - 04:04 Bulgaria’s economic growth probably accelerated in the fourth quarter of 2007, following a slowdown in the previous three months, driven by industry, services and consumption in the first year of European Union membership.
E.ON, Turcas Get License Δευ, 17 Μαρτίου 2008 - 03:56 E.ON AG, Germany’s biggest utility, and its Turkish partner Turcas Petrolculuk AS got a license to build a gas-fired power plant in the western Turkish city of Denizli.
PPC wins case Δευ, 17 Μαρτίου 2008 - 03:51 Public Power Corporation (PPC), Greece’s biggest power producer, said it has been allowed to cancel a contract to sell electricity to aluminium smelter Aluminium of Greece at a reduced rate.
Oil Fuels Rise in Living Costs Δευ, 17 Μαρτίου 2008 - 03:44 Skyrocketing oil prices are expected to cost household budgets an extra 800 million euros this year, at a time when higher-than-expected inflation has helped to depreciate the average income by -170.