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Oil and utilities highlights to 09:15 GMT


Published :
Wed, 14 Mar 2007 10:32
By : Agencies
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2007-03-14 09:01:05

Statoil finds oil, gas at Sleipner field in Norwegian North Sea

OSLO (AFX) - Statoil ASA said it has proven the presence of oil and gas at

the Biotitt prospect in Norway's Sleipner field, and that a survey will now be

carried out to determine the resource potential of the find.

2007-03-14 08:33:20

China approves Huaneng, CITIC Pacific's wind power project in Inner Mongolia

BEIJING (XFN-ASIA) - The National Development and Reform Commission said it

has approved construction of a 300,000-kilowatt wind power franchising project

run by Huaneng Group, CITIC Pacific Ltd and others in northern China's Inner

Mongolia region.

2007-03-14 08:20:40

Japan's Mitsubishi Heavy expecting 600 bln yen order for two reactors from TXU

TOKYO (XFN-ASIA) - Mitsubishi Heavy Industries expects an order worth about

600 bln yen for two nuclear reactors from TXU Corp of the US, Mitsubishi Heavy

said.

2007-03-14 08:13:40

Gas Natural to take 10 pct stake in Medgaz - report

MADRID (AFX) - Gas Natural SDG SA and Algeria state-owned oil and gas group

Sonatrach have reached an agreement for the Catalan gas group to take a 10 pct

stake in Medgaz, local agency EFE reported, citing Algerian Energy and Mining

Minister Chakib Jelil.

2007-03-14 06:59:44

German cartel office supports EU in investigation into high electricity prices

FRANKFURT (AFX) - The Federal Cartel Office is supporting the EU in its

investigation into high electricity prices in Germany, reported Financial Times

Deutschland, citing president of the institution Ulf Boege.

2007-03-14 03:12:56

Uranium demand growth to underpin prices - Goldman Sachs

SYDNEY (XFN-ASIA) - Rising demand for uranium for use in nuclear power

generation, particularly from China and India, will underpin uranium oxide

prices, allowing miners to dictate prices as they lock in long-term supply

contracts, Goldman Sachs JBWere said in a research note.




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