Russia's UES To Sell 48% In OGK-1 Τετ, 30 Ιανουαρίου 2008 - 04:20 Former electricity monopoly RAO Unified Energy System of Russia, or UES, said Wednesday it plans to sell a 48% stake in wholesale generation company OAO OGK-1 (OGKA.RS).
: Turkey: RWE 6th Nabucco Gas Pipe Proj Partner Τετ, 30 Ιανουαρίου 2008 - 04:19 Turkish Energy Minister Hilmi Guler said late Tuesday that German utility RWE AG (RWE.XE) has been chosen as the sixth partner in the Nabucco natural gas pipeline project, planned to carry Caspian gas to Central Europe through Turkey and the Balkans.
EU Fines E.ON EUR38M For Tampering With Antitrust Evidence Τετ, 30 Ιανουαρίου 2008 - 04:17 The European Commission Wednesday fined German energy giant E.ON AG (EON) EUR38 million for tampering with an antitrust investigation into the company's business practices.
Iranian Pres Urges West To Help Build Nuclear Power Plants Τετ, 30 Ιανουαρίου 2008 - 04:16 President Mahmoud Ahmadinejad Wednesday urged the Western powers to help build nuclear power plants in his country saying it will be too late if they do not decide to do so immediately, state television reported.
Eni To Bid For Oil License In Russia's Krasnoyarsk Τετ, 30 Ιανουαρίου 2008 - 02:31 Italy's Eni SpA (E) is seeking to participate in an auction for an oil license in Russia's Krasnoyarsk region in Siberia, the Kommersant daily reported Wednesday, citing a regional official.
Ukraine PM To Use Moscow Visit To Renegotiate Gas Terms-Paper Τετ, 30 Ιανουαρίου 2008 - 02:30 Ukraine's Prime Minister Yulia Tymoshenko will use a forthcoming visit to Russia to renegotiate a gas supply contract, the International Herald Tribune reports Wednesday.
Iran Pres Says Won't Back Down Over Nuclear Ambitions - AFP Τετ, 30 Ιανουαρίου 2008 - 02:28 Iranian President Mahmoud Ahmadinejad vowed Wednesday Iran won't be stopped from pursuing its controversial nuclear drive, as world powers seek to impose fresh sanctions on Tehran.
Romanian Household Gas Prices To Rise 8.5% Feb 1 - Mediafax Τετ, 30 Ιανουαρίου 2008 - 02:27 Romanian household natural gas prices will be increased 8.5% from Feb. 1, news agency Mediafax reported Wednesday, citing Romania's Energy Regulatory Authority ANRE.
Halliburton CEO Says Not Evading US Sanctions On Iran -Report Τετ, 30 Ιανουαρίου 2008 - 02:25 Halliburton Co. (HAL) is not trying to evade U.S. sanctions on Iran by setting up a second headquarters in the United Arab Emirates, the company's chief executive was cited as saying.
EU Clears Chemical Co Ineos To Buy Norsk Hydro Polymers Unit Τετ, 30 Ιανουαρίου 2008 - 02:22 The European Commission Wednesday cleared U.K. chemicals company Ineos Group Ltd. to buyNorwegian polymers producer Kerling ASA, belonging to Norsk Hydro ASA (NHY.OS), in a deal worth 5.5 billion kroner (EUR680 million).
Kazakh Govt: Seeks Customs Duties On Crude, Oil Products Τρι, 29 Ιανουαρίου 2008 - 05:29 Oil-rich Kazakhstan seeks to impose customs duties on exports of crude oil and oil products by next year, Kazakh Energy Minister Sauat Mynbayev said Tuesday.
Hellenic Shipyards Obtains Specialty Platform Contract Τρι, 29 Ιανουαρίου 2008 - 05:26 Hellenic Shipyards SA, a unit of German industrial conglomerate ThyssenKrupp AG (TKA.XE), said Tuesday it has obtained a multimillion-euro contract to build a specialty platform for German engineering giant Hochtief Construction AG (HOT.XE).
Kirkuk Oil Flow To Ceyhan Stopped; 1.4M Bbls Stored -Shipper Τρι, 29 Ιανουαρίου 2008 - 03:29 Oil shipments from Iraq's Kirkuk oil fields into the Turkish Mediterranean export terminal of Ceyhan are still on hold, a local shipping agent said Tuesday at 1000 local time (0800 GMT), following reports that the flow had ground to a halt Friday.
Russia Deputy Fin Min Wants More Tax On Gas Producers -Report Τρι, 29 Ιανουαρίου 2008 - 03:27 Russia wants natural gas producers to pay more tax, the Interfax news agency reported Tuesday, citing Deputy Finance Minister Sergei Shatalov.
Norway: Eni Confirms, Increases Size Of Gas Discovery Τρι, 29 Ιανουαρίου 2008 - 03:26 Norway's petroleum directorate, or NPD said Tuesday that Italy's Eni SpA (E) has confirmed a gas and condensate discovery made in production license 122 in the Norwegian Sea and upped its size considerably after fresh appraisal drilling.
UK's J-Block Oil, Gas Fields Unlikely To Restart Tue -Conoco Τρι, 29 Ιανουαρίου 2008 - 03:25 The U.K. North Sea's J-Block oil and gas fields are unlikely to resume operation Tuesday after an unplanned outage, but should return to full production within the next few days, a spokeswoman for field operator ConocoPhillips (COP) said Tuesday.