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MOL Says It Bought 53,031 Treasury Shrs On Bourse Tuesday

Τετ, 13 Φεβρουαρίου 2008 - 03:42

Hungarian oil and gas company MOL Magyar Olaj- es Gazipari Nyrt. (MOL.BU) said Wednesday that it purchased 53,031 shares of its registered equity on the Budapest Stock Exchange Tuesday

Gulfsands Petroleum Starts Drilling At Khurbet East

Τετ, 13 Φεβρουαρίου 2008 - 03:40

Gulfsands Petroleum, an oil and gas production, exploration and development company with activities in Syria, Iraq, and the U.S. Wednesday announced that it has commenced the drilling of its first development well within the Khurbet East Field (KHE-4) following the recent approval by the Syrian Government for the development of the Khurbet East Field.

Russia's UES To Hold Board Meeting Feb 29

Τετ, 13 Φεβρουαρίου 2008 - 03:38

Former electricity monopoly RAO Unified Energy System, or UES, (EESR.RS) will hold a board meeting Feb. 29, the company said in a statement Wednesday.

Unipetrol Wants 20% Gasoline Station Mkt Share

Τετ, 13 Φεβρουαρίου 2008 - 03:35

Czech petrochemical company Unipetrol AS (BAAUNIPE.PR) reiterated its goal of acquiring smaller Czech gasoline station operators to reach 20% market share by 2010, the company's chief executive said Tuesday.

Timan Oil & Gas: Appeals Filed In Russia Over Licenses

Τετ, 13 Φεβρουαρίου 2008 - 03:33

Timan Oil & Gas said Wednesday that as a result of a publication on the website of the Moscow Ninth Appellate Arbitration Court, the Company has recently become aware of two appeals, filed by the Russian Federal Subsoil Agency (Rosnedra) on Dec. 27 2007.

Total CEO:Saudi Project Withdrawal Won't Impact Future There

Τετ, 13 Φεβρουαρίου 2008 - 03:31

French oil major Total SA's (TOT) Chief Executive Christophe de Margerie Wednesday said the company's recent withdrawal from a project in Saudi Arabia's "Empty Quarter" won't affect the company's future there.

OIL DATA: Global Refinery Runs Seen At 74M B/D For Feb - IEA

Τετ, 13 Φεβρουαρίου 2008 - 03:29

The International Energy Agency Wednesday forecast global refinery throughput would decline in February, as refiners curtailed production in the face of weak refining margins.

StatoilHydro Made NOK108.3B Of Purchases In 2007

Τετ, 13 Φεβρουαρίου 2008 - 03:27

StatoilHydro Wednesday said it bought goods and services worth NOK108.3 billion in 2007.

Turkish coal power plant bill sent to PM

Τετ, 13 Φεβρουαρίου 2008 - 03:20

Turkey’s Energy Ministry has sent a draft law on the privatization of coal-fired power stations to the prime minister’s office, the minister said yesterday, announcing a key stage in the sale process.

Russian, Ukrainian Leaders Meet Tue; Gas Talks Continue

Τρι, 12 Φεβρουαρίου 2008 - 03:31

Russian President Vladimir Putin was to meet Ukrainian counterpart Viktor Yushchenko Tuesday, the Kremlin said, amid crunch talks on averting a cut in Russian gas supplies to the neighboring state.

E.ON Ruhrgas To Sell 33 GWh Of Natural Gas In Auction May 7

Τρι, 12 Φεβρουαρίου 2008 - 03:29

E.ON Ruhrgas AG, a unit of German utility E.ON AG (EOA.XE), Tuesday said it will auction around 33 gigawatt-hours of long-term gas supply contracts May 7.

Turkey Gets EUR205M Electricity Proj Loan From World Bank

Τρι, 12 Φεβρουαρίου 2008 - 03:28

The World Bank said Tuesday it has signed and agreement with Turkey's state-run electricity distribution company TEDAS on a EUR205 million electricity distribution rehabilitation project loan, the Ihlas News Agency, or IHA, reported.

RWE Unit To Offer Energy-Related Fincl Services

Τρι, 12 Φεβρουαρίου 2008 - 03:27

Industrial enterprises seeking to hedge their energy procurement by financial products and/or derivatives can now draw on RWE AG for the respective services, the company said Tuesday.