CZECH REPUBLIC & SLOVAKIA

Czech petchem Unipetrol shares jump on news Russian oil supply again at normal levels

Czech retail fuel prices drop; top-selling Natural 95 down to CZK 32.44/liter

Czech Ministry of Trade expects Russian crude supplies to normalize in August

HUNGARY

PRESS: Top Hungarian oil firm MOL to buy 12 filling stations in Austria

Hungarian retail fuel prices seen falling further this week on international price decline

POLAND

Polish gas monopolist PGNiG’s supervisory board approves PLN 1.4 bln oil well construction

Polish refineries’ financial results may be affected by decrease of oil prices - analysts

Polish oil firm Petrolinvest receives permission from PKO BP bank to implement investment deals

Polish government supports PKN Orlen’s attempts to take over Klaipedos Nafta oil terminal, Pawlak

Polish top refiners unlikely to be involved in upstream projects in Middle East, Asia soon - analysts

Polish top fuel firm PKN Orlen expects Lithuanian authorities help in buying Klaipedos Nafta

Polish top fuel firm PKN Orlen expects strategy to be ready in fall of ’08

Polish top fuel firm PKN Orlen unlikely to reduce investment in Lithuanian unit MN - analysts

GAS

POLAND

Polish gas monopolist PGNiG and FX Energy Poland discover potential gas field in western Poland

Polish gas monopolist PGNiG’s shareholders approve purchase of fertilizer producer ZA Tarnow

Polish gas monopolist PGNiG hopes EuRoPol Gaz will reach agreement on tariffs in September

German RWE and Polish PGNIG decline to confirm talks on gas-fuelled power plant joint project

Polish gas distributor CP Energia unit Linia K&K signs PLN 42.9 mln sales deal

COAL

POLAND

Two Polish nitrate producers unlikely to build coal-gasification units simultaneously – analysts

HEAT, POWER & SEWAGE

CZECH REPUBLIC & SLOVAKIA

Czech power producer CEZ plans increased presence in Balkans

Household consumers can expect power prices to rise by less the 10% next year - CEZ CEO

HUNGARY

Hungarian holding PannErgy records HUF 1.2 bln H1 loss on financials

Hungarian power wholesaler MVM to end long-term PPA with Suez-Electrabel’s Dunamenti plant

POLAND

Polish No. 2 power group begins construction of renewable energy production installation

PRESS: Poland should build 1,500 MW of power production capacities annually in coming years

ALTERNATIVE ENERGY

HUNGARY

Hungarian oil company MOL sets up geothermal joint venture with Icelandic, Australian partners

EMERGING MARKETS NEWS HIGHLIGHTS

Ukraine to consider proposals of Ukraine’s western refineries on direct use of Odessa-Brody pipe

Lithuanian power plant Ignalina halts production after turbogenerator shutdown

Nb: This news report features only the headline of each news.