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Oil and utilities highlights to 09:15 GMT


Published : Fri, 02 Mar 2007 10:32
By : Agencies
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2007-03-02 09:05:58

SKorea's S-Oil 2006 net profit 758.6 bln won vs 654.9 bln

SEOUL (XFN-ASIA) - S-Oil Corp's 2006 preliminary results:

Sales - 14.56 trln won vs 12.23 trln

Opg profit - 925.7 bln won vs 888.5 bln

Recurring profit - 1.05 trln won vs 913.2 bln

Net profit - 758.6 bln won vs 654.9 bln

shinsaeromi@xinhuafinance.com

2007-03-02 08:10:12

BG says BG India, ONGC in production sharing deal for Krishna-Godavari basin

LONDON (AFX) - BG Group PLC said its India unit, together with India's Oil &

Natural Gas Corp Ltd (ONGC), has signed a production sharing contract with the

Indian government for a block in the Krishna-Godavari basin.

2007-03-02 07:47:58

Oslo shares AFX at a glance outlook

OSLO (AFX) - Shares are expected to open weaker after most Asian stock

markets extended their recent falls today and the price of oil moved down on

problems with refineries and lower gasoline stock levels in the US, dealers

said.

2007-03-02 07:37:36

Russia's United Power to file new application for Russia-Finland undersea cable

HELSINKI (AFX) - Russia's United Power is preparing to lodge a fresh

application for an undersea electricity cable between Russia and Finland after

having an earlier proposal rejected, business daily Kauppalehti reported citing

the company.

2007-03-02 06:55:36

China issues preferential taxes for coal gas industry - Xinhua

BEIJING (XFN-ASIA) - China's Ministry of Finance and State Administration of

Taxation have issued preferential tax policies for production of gas from coal

mines in an effort to encourage clean and safe production, the official Xinhua

news agency reported.

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