English Edition

Albania to Sell Oil Firm ARMO as Part of Privatization Drive

Τρι, 5 Φεβρουαρίου 2008 - 02:35

Albania said yesterday it will invite a tender next week to start the sale of state-owned oil company ARMO, a refiner which also sells motor oil and products through a small network of gas stations.

DJ KazMunaiGas Raises '08 Natural Gas Transit Fee For Gazprom

Δευ, 4 Φεβρουαρίου 2008 - 06:41

ALMATY, Kazakhstan (Dow Jones)--Kazakh state oil and gas company KazMunaiGas said Monday it has raised a 2008 natural gas transit fee for Russian gas monopoly OAO Gazprom (GAZP.RS) to $1.4 a 1,000 cubic meters for every 100 kilometers from $1.1.

UPDATE: Ankara Co Baskent Dogalgaz Sale Now March 14 -IHA

Δευ, 4 Φεβρουαρίου 2008 - 06:38

ANKARA (Dow Jones)--A tender to sell Baskent Dogalgaz AS, which distributes gas in the Turkish capital Ankara, was delayed to March 14 due strong interest, company officials said Monday, according to the Ihlas News Agency.

DJ Romania: Gaz De France To Join Nabucco Proj As Associate-AFP

Δευ, 4 Φεβρουαρίου 2008 - 06:35

BUCHAREST (AFP)--Gaz de France (1020848.FR) will join the European Union's gas pipeline project Nabucco as an "associate," Romanian President Traian Basescu said Monday.

Romania's Privatization Body Plans Pwr Cos Listing -Mediafax

Δευ, 4 Φεβρουαρίου 2008 - 01:26

BUCHAREST (Dow Jones)--Romania's privatization agency plans to list minority stakes in six state-run power plants and suppliers on the Bucharest Stock Exchange in a few months, news agency Mediafax reported the agency's head Teodor Atanasiu as saying.

Iberdrola Readies Plan To Fend Off EDF Foray In Co -Report

Δευ, 4 Φεβρουαρίου 2008 - 01:24

Iberdrola SA (IBE.MC) is preparing an anti-Electricite de France SA (1024251.FR) plan to block a possible takeover bid from the French company on the Spanish utility, reports Cinco Dias in its Monday Internet edition, citing people familiar with the situation.

EU Plans Legal Action Vs Hungary On State Shr In MOL - Paper

Δευ, 4 Φεβρουαρίου 2008 - 01:21

BUDAPEST (Dow Jones)--The European Commission is planning to turn to the European Court over the Hungarian state's preference share in oil and gas company MOL Nyrt. (MOL.BU), business daily Vilaggazdasag said.

Gazprom Neft Output To Reach 80M-90M Tons/Yr By 2020 -Paper

Δευ, 4 Φεβρουαρίου 2008 - 01:18

MOSCOW (Dow Jones)--OAO Gazprom Neft (SIBN.RS), the oil-producing arm of Russian gas monopoly OAO Gazprom (GAZP.RS), plans to invest $70 billion to 2020, by which time annual output should total 80 million to 90 million tons, Chief Executive Alexander Dyukov said in an interview with the Kommersant daily published Monday.

Iraq Lobbied Qatar Fri To Invest In Gas Projects

Παρ, 1 Φεβρουαρίου 2008 - 08:10

Iraq's Oil Minister Hussein Al-Sharistani Friday began talks that could see the tiny but influential gas-rich emirate of Qatar invest in gas developments there, a further sign that increasing stability in the war-torn country is igniting the interest of overseas investors.

Russian Regulator Won't Withdraw Kovykta License-Vedomosti

Παρ, 1 Φεβρουαρίου 2008 - 05:09

Russian subsoil agency Rosnedra won't withdraw a license to explore the Kovykta gas field from U.K.-Russian OAO TNK-BP's (TNBP.RS) unit Rusia Petroleum, newspaper Vedomosti reported Friday.

RWE To Invest Nearly EUR3B In Extra High-Voltage Grid By '17

Παρ, 1 Φεβρουαρίου 2008 - 05:07

RWE Transportnetz Strom, a unit of RWE AG (RWE.XE), said Friday the company plans to invest nearly EUR3 billion in its extra high-voltage grid activities by 2017.

Hungary MOL Welcomes A Thorough Investigation Of OMV's Bid

Παρ, 1 Φεβρουαρίου 2008 - 05:04

Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Friday that it welcomes the opportunity for a thorough investigation by the European Commission of the significant anti-competitive effects which a combination with Austrian peer OMV AG (OMV.VI) would have for the Central European region and energy consumers.

OPEC Agrees To Leave Oil Output Unchanged

Παρ, 1 Φεβρουαρίου 2008 - 05:01

The Organization of Petroleum Exporting Countries left its current output levels unchanged Friday, a delegate told Dow Jones Newswires, with the group set to meet again March 5 to take stock of market conditions.