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Oil and utilities highlights to 09:15 GMT


Published : Thu, 18 Jan 2007 10:32
By : Agencies
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2007-01-18 09:13:10

IEA cuts 2006 oil demand growth estimate, lowers 2007 demand growth forecast

LONDON (AFX) - The International Energy Agency cut its 2006 world oil demand

growth estimate and lowered its forecast for 2007 oil demand growth, citing

large revisions to US data, mild weather and lower US GDP forecasts.

2007-01-18 08:53:19

Spain govt wants to oblige Repsol YPF to sell 10 pct of CLH - report

MADRID (AFX) - Repsol YPF SA may have to sell a 10 pct stake in Cia

Logistica de Hidrocarburos to comply with proposed limits on oil and gas

companies' holdings in energy transport and storage networks, Expansion

reported, without citing sources.

2007-01-18 08:34:27

Saudi commits 80 bln usd investment to raise oil delivery to global markets

NEW DELHI (XFN-ASIA) - Saudi Arabia said it is planning to raise its

production capacity to raise its energy delivery to the world markets,

committing an investment of 80 bln usd in capital projects.

2007-01-18 07:32:59

Venture Production 2006 average net daily production up 50 pct to 44,706 boepd

LONDON (AFX) - Aberdeen based independent oil and gas production company

Venture Production PLC reported an average net daily production of 44,706

barrels of oil equivalent per day (boepd) for 2006, a 50 pct increase over 2005.

2007-01-18 07:20:07

Madrid shares AFX at a glance outlook

MADRID (AFX) - Shares are expected to open a touch higher on a bounce from

yesterday's losses, after a mixed Wall Street close, dealers said.

2007-01-18 06:59:37

Shell sets up gas stations jv with China's Doyen Group in Chongqing

BEIJING (XFN-ASIA) - Shell has set up a gas station joint venture with Doyen

Group in southwestern Chongqing city to boost its presence in China's oil

products retail market, a company spokeswoman said.

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