Oil and utilities highlights to 15:45 GMT

Oil and utilities highlights to 15:45 GMT

	Published : Mon, 12 Mar 2007 17:02 By : Agencies Print this Story

2007-03-12 15:28:00

OUTLOOK Firm market fundamentals mean OPEC unlikely to cut output

LONDON (AFX) - OPEC is highly unlikely to cut production at its upcoming

meeting in Vienna on Thursday, judging by recent statements from cartel members

and the current supply-demand balance of the oil market, analysts said.

2007-03-12 15:00:43

Russia sees 2-mth delay to Iran nuclear station

MOSCOW (AFX) - The launch of Iran's first nuclear power station, scheduled

for September, will likely be delayed two months, a spokeswoman for Russian

contractor Atomstroiexport said.

2007-03-12 14:03:35

Gas Natural in talks with Algeria over gas price revisions

MADRID (AFX) - Gas Natural SDG SA is in 'confidential' talks with Algeria

over revising the price of gas imported from that country, a spokeswoman for the

Catalan gas firm said.

2007-03-12 12:59:54

LukOil to restore ops at Volgograd refinery in May after fire

LONDON (AFX) - Russian energy group LukOil is confident it can restore full

operations at the Volgograd refinery in May after a fire broke out at the site

over the weekend.

2007-03-12 12:58:47

Finmeccanica's Alenia to sign jet JV deal with Russia's Sukhoi Mar 14 - report

MILAN (AFX) - Finmeccanica SpA unit Alenia will sign an industrial

cooperation deal at the March 14 Italo-Russian bilateral meeting to form a

company with Sukhoi Civil Aircraft Co that will build jets, Radiocor wire agency

reported citing Italian diplomatic sources.

2007-03-12 11:08:45

Total awarded offshore exploration licence in Mahakam Delta, Indonesia

PARIS (AFX) - Total said it has been awarded a licence to exploit the South

East Mahakam exploration block, located off the coast of East Kalimantan in

Indonesia, as part of the 2006 Licensing Round held by the Indonesian Ministry

of Energy and Mineral Resources.