TFN NEWS BRIEFING: Oil and utilities highlights to 09:15 BST

TFN NEWS BRIEFING: Oil and utilities highlights to 09:15 BST

	Published : Thu, 12 Apr 2007 09:32 By : Agencies Print this Story

2007-04-12 09:09:05

IEA trims 2007 global oil demand forecast citing weather-related demand weakness

LONDON (Thomson Financial) - The International Energy Agency revised its

2007 global oil product demand forecast down slightly, citing continued

weather-related demand weakness in industrialised countries of the OECD.

2007-04-12 08:21:41

Aker Kvaerner wins 400 mln nkr Statoil 2-yr contract extension

OSLO (Thomson Financial) - Engineering company Aker Kvaerner said it has won

a two year extension of an existing well service contract with Norwegian oil

producer Statoil worth 400 mln nkr.

2007-04-12 08:20:50

Gulf Resources to buy bromine ops in China for 5.1 mln usd

BEIJING (XFN-ASIA) - Gulf Resources Inc (BULLETIN BOARD: GUFR) said it has

signed a deal through wholly-owned unit Shuoguang City Haoyuan Chemical Co Ltd

(SCHC) to buy all of the bromine-producing assets of Shouguang City Qinshuibo

Area for around 5.1 mln usd.

2007-04-12 08:18:54

Skanska wins 535 mln skr Brazil propane plant order from Petrobras

STOCKHOLM (Thomson Financial) - Skanska AB said it has won an order worth

535 mln skr (76.3 mln usd) from Petrobras, to build a propane production unit at

the Presidente Getulio Vargas Refinery (REPAR) in Brazil.

2007-04-12 08:16:51

Gujarat Petroleum to re-invite bids for Krishna-Godavari basin - report

MUMBAI (Thomson Financial) - Gujarat State Petroleum Corp (GSPC), which had

shortlisted BP, BG Group, Chevron Group and ENI for a 30 pct stake in the

Krishna Godavari basin, has decided to re-invite bids from the other 12

companies that had cleared technical screening, the Times of India reported.

2007-04-12 07:23:05

Madrid shares TFN at a glance outlook

MADRID (Thomson Financial) - Shares are expected to open lower ahead of the

ECB meeting today and following overnight losses on Wall Street caused by a rise

in oil prices on lower-than-expected US gasoline inventories, dealers said.