U.S. stock index futures shaved their early gains following a weaker-than-expected durable goods orders report and as Apple shares weighed.» Read More
OSLO, April 30- Azerbaijan's choice between two pipeline projects to carry its gas to Europe must focus on obtaining the strongest commercial terms, Industry and Energy Minister Natik Aliyev said on Tuesday. The Nabucco West and Trans Adriatic Pipeline projects offer different routes to Europe from the Shah Deniz II field in the Caspian Sea.
BUDAPEST, April 30- Hungary's latest indicators. Base rate 4.75 pct 2- week deposit rate 4.75 pct. Q4 2012 Q3 2012 2012 Unadjusted -2.7 -1.7 -1.7 Calendar-adjusted -2.7 -1.6 -1.8 Seasonally and calendar-adjusted -0.9 -0.4 n/a.
ALGIERS, April 30- Algerian state energy firm Sonatrach is in talks to buy a stake in Mozambique offshore gas projects operated by Italy's Eni and Anadarko Petroleum Corp, its chief executive was quoted as saying on Tuesday. The memorandum also opened the way for Sonatrach to acquire exploration blocks in Mozambique.
The BNY Mellon index of leading American depositary receipts. The BNY Mellon index of leading European ADRs climbed 1.3 percent, while the FTSEurofirst 300 index of top shares closed up 0.5 percent. The BNY Mellon index of leading Asian ADRs advanced percent 0.9 percent.
BUDAPEST, April 29- Hungary's latest indicators. Base rate 4.75 pct 2- week deposit rate 4.75 pct. Q4 2012 Q3 2012 2012 Unadjusted -2.7 -1.7 -1.7 Calendar-adjusted -2.7 -1.6 -1.8 Seasonally and calendar-adjusted -0.9 -0.4 n/a.
By Raushan Nurshayeva and Mariya Gordeyeva. ASTANA/ ALMATY, April 29- Kazakhstan, partner and main financial controller in a consortium developing the Karachaganak oil and gas condensate field, put the $14.5 billion third stage of the project on hold indefinitely. Kazakhstan received the right to control the venture's costs.
FRANKFURT, April 29- The DAX top-30 index. on a joint production of a vehicle at the plant in Duesseldorf, German daily Rheinische Post reported on Monday, citing a Daimler spokeswoman. Related news DEUTSCHE BANK, GERMAN BANKS Deutsche Bank indicated 0.4 percent higher Commerzbank indicated 0.6 percent lower.
FRANKFURT, April 27- Europe's effort to protect the climate faces "a decade of stagnation" without quick action to save the EU carbon market, the chief executive of German utility E.ON said in a newspaper interview on Saturday.
MILAN, April 26- The auditors of Italian oil services company Saipem found failings in the internal control system of the company, according to a letter by the company's internal audit committee published on the company website on Friday. Saipem and Eni, who both deny any wrongdoing, have launched internal audits.
MILAN, April 26- The auditors of Italian oil services company Saipem found failings in the internal control system of the company, according to a letter by the company's internal audit committee published on the company website on Friday. Oil major Eni owns more than 40 percent of Saipem.
*RWE AG: Goldman Sachs raises to buy from neutral. *Drax Group, Tauron: Goldman Sachs raises to neutral from. *EDP, A2A SpA: Goldman Sachs cuts to sell from neutral.
*Germany boosting renewables, aims to exit nuclear. FRANKFURT, April 26- Germany's green energy drive is proving surprisingly good for dirty brown coal as utilities squeezed by rival renewables and low wholesale gas prices use more of it.
IRSCHING, Germany, April 26- Germany's top utility E.ON said it reached a deal with regulators and grid operators to keep open its modern but unprofitable Irsching gas-fired power station in Bavaria, providing reserve power to stabilise the grid. Irsching 4 is fully owned by E.ON while Irsching 5 is also part-owned by local utilities Mainova, N-Ergie and HSE.
FRANKFURT, April 26- The DAX top-30 index. Poll: Related news DEUTSCHE POST Indicated 0.1 percent higher. Deutsche Post and union Verdi are about to sign a new tariff agreement on wages, several people with knowledge of the matter told Reuters on Friday.
BUDAPEST, April 26- Hungary's latest indicators. Base rate 4.75 pct 2- week deposit rate 4.75 pct. Q4 2012 Q3 2012 2012 Unadjusted -2.7 -1.7 -1.7 Calendar-adjusted -2.7 -1.6 -1.8 Seasonally and calendar-adjusted -0.9 -0.4 n/a.
MILAN, April 26- Leone Pattofatto, formerly in charge of mergers and acquisitions at Credit Suisse's Italian division, has moved to Cassa Depositi e Prestiti, the latest investment banker to join the Italian state-backed fund.
LONG BEACH, Calif., April 25- Economic turmoil in Spain, Portugal and other southern European countries has depressed their stock markets to the point where they look downright cheap.
HAMMERFEST, Norway, April 25- Major work at Norway's Snoehvit liquefied natural gas plant will mean a stoppage-free year when it reopens this month, ending a reputation for unreliability, a Statoil senior executive said.
April 25- Enterprise Group Inc:. *Announces private placement of common shares. for gross proceeds of up to $6 million.
*Total: to be largest oil and gas producer in Britain in 2015. LEIV EIRIKSSON OIL RIG, Norwegian Barents Sea, April 25- F rench oil major Total is betting on a riskier exploration strategy in the "frontier" basins of the North Sea and the start-up of its $5 billion Laggan-Tormore field to become the top oil and gas producer in Britain in 2015, the group said.