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Iberdrola Renovables In EUR300M Deal To Buy Wind Projects

Iberdrola Renovables In EUR300M Deal To Buy Wind Projects

Τρι, 12 Φεβρουαρίου 2008 - 03:24

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Tuesday said it has agreed to buy about 50 windpower projects in Romania, with a combined capacity of 1,600 megawatt, for between EUR200 million and EUR300 million.

Russia Iraq Deal Could Open Door For Lukoil -MDM

Russia Iraq Deal Could Open Door For Lukoil -MDM

Τρι, 12 Φεβρουαρίου 2008 - 03:22

Russia's decision to forgive nearly all the money owed by Iraq could boost Lukoil's (LKOH.RS) efforts in that country, MDM Bank says. "The debt write-off will certainly help diplomatic relations and indirectly promote Lukoil's attractiveness among Iraqi authorities

Imperial Energy: Snezhnoye Oil Now Flowing To Transneft Pipe

Imperial Energy: Snezhnoye Oil Now Flowing To Transneft Pipe

Τρι, 12 Φεβρουαρίου 2008 - 03:20

London-listed Imperial Energy PLC (IEC.LN) Tuesday said the first oil from its Snezhnoye field, Block 77, in Tomsk, Western Siberia, is now flowing direct into the national oil transportation system.

Stores Agree to Bin Plastic Bags

Stores Agree to Bin Plastic Bags

Τρι, 12 Φεβρουαρίου 2008 - 02:53

Athens Mayor Nikitas Kaklamanis and the country’s top nine supermarket chains yesterday signed an agreement to phase out the use of plastic bags and introduce environmentally friendly ones, joining a growing trend in Europe.

Bulgarian Energy Firm Boost

Bulgarian Energy Firm Boost

Τρι, 12 Φεβρουαρίου 2008 - 02:50

Bulgaria will consolidate the biggest state-owned energy companies into a holding company to strengthen its position on the European market, Prime Minister Sergei Stanishev said on Sunday.

Bulgaria To Consolidate 5 State Energy Cos Into 1 Holding Co

Bulgaria To Consolidate 5 State Energy Cos Into 1 Holding Co

Δευ, 11 Φεβρουαρίου 2008 - 06:03

European Union newcomer Bulgaria plans to consolidate five state-owned energy companies into a single holding company, in an effort to make its energy sector more competitive in the European market, the government said Monday.

Judge May Halt Review Of Energy East Buy -Iberdrola Source

Judge May Halt Review Of Energy East Buy -Iberdrola Source

Δευ, 11 Φεβρουαρίου 2008 - 06:00

A New York judge will decide Monday or Tuesday on whether the regulatory review of the takeover of U.S. utility Energy East Corp. (EAS) by Spain's Iberdrola SA (IBE.MC) is temporarily halted, an Iberdrola source said Monday.

Russias TGK-7 Confirms Intention To Launch IPO

Russia's TGK-7 Confirms Intention To Launch IPO

Δευ, 11 Φεβρουαρίου 2008 - 05:57

Russian electricity generator OAO TGK-7 (TGKG.RS) Monday said it would proceed with an initial public offering of up to 3.859 billion new shares, or 12.9% of its enlarged capital.

High stakes in strategic partnership of PPC with RWE fan controversy

High stakes in strategic partnership of PPC with RWE fan controversy

Δευ, 11 Φεβρουαρίου 2008 - 03:35

Greece's Public Power Corporation (PPC) has found itself in the midst of business and political controversy many times over the years. However, the decision by its top management to join forces with Germany's utility giant RWE has stirred up a controversy unlike any other. This is to be expected: At stake is the future of Greece's electricity energy sector and billion of euros in investments and profits.

Ukraine PM: Wont Pay Gazprom 2008 Prices For 07 Gas

Ukraine PM: Won't Pay Gazprom 2008 Prices For 07 Gas

Δευ, 11 Φεβρουαρίου 2008 - 03:00

Ukrainian Prime Minister Yulia Timoshenko Monday said state-run gas supplier Naftogaz Ukrainy owed Russian energy giant OAO Gazprom (GAZP.RS) $1.07 billion on Jan. 1 and won't pay 2008 prices for gas it received in November and December, Russian news agencies reported Monday.