CZECH REPUBLIC & SLOVAKIA

Czech retail fuel prices drop; top-selling Natural 95 down to CZK 31.24/liter

HUNGARY

Hungary’s top oil co. MOL offers HRK 2,800 per share for 25%-owned Croatian peer INA

Hungarian retail gasoline prices to rise HUF 3 per liter this week, diesel unchanged

POLAND

Polish No. 2 refiner Grupa Lotos finalizes 10% stake in North Sea oil production license

Polish fuel firm PKN Orlen’s Lithuanian refinery hopes to solve railway dispute in arbitration

Odessa-Brody-Gdansk pipeline needs 5 mln tonnes in transported oil to be profitable

GAS

HUNGARY

Canadian gas exploration firm TransAtlantic Petroleum farms into Romanian exploration license

PRESS: Romanian gas distributor Distrigaz now only bidder for Petrom’s gas distribution arm

Hungarian household gas prices to rise by 6.55% as of October 1; non-household prices up 9.4%

POLAND

Oil price decreases diminish Polish gas monopolist PGNiG’s chances gas price hike approval

Polish gas monopolist PGNiG’s shareholders to vote on sale of LNG terminal unit to State Treasury

Russian gas transport through Yamal pipeline in Poland restored after pipeline’s modernization

Increasing cooperation with chemical firms could be unprofitable for Polish gas monopolist PGNiG

COAL

CZECH REPUBLIC & SLOVAKIA

Central European energy co. NWR sees stable output volumes in H2 2008, electricity costs rising

POLAND

Polish top coal miner KW’s revenues drop after accident, 2008 extraction target likely hit

Polish power production capacities must include CCS technology to improve energy security

Polish chemical firm ZA Pulawy’s multi-billion investment plans may justify low dividend – analyst

Central European energy co. NWR sees stable output volumes in H2 2008, electricity costs rising

Polish domestic energy resources should be a key factor for state’s energy security – deputy PM

HEAT, POWER & SEWAGE

HUNGARY

PRESS: Swedish energy firm Eolus Vind to build wind power projects for EUR 15 mln in Romania

PRESS: Romanian electricity distributor Electrica may become market leader

German RWE’s Hungarian electric utilities Elmu, Emasz more than double profits in H1

POLAND

Poland may lack sufficient electric power supplies in 2008-2014, must count on imports - URE

Polish power sector firms to invest PLN 135 bln in improvement of electric power supply security

Swedish power producer Vattenfall to prepare schedule for new Polish power unit in October

Polish power group Enea sees up to 50% of new shares to be held by foreign investors

Polish largest power group PGE to prepare IPO prospectus in September, offer seen in Q1 2009

ALTERNATIVE ENERGY

HUNGARY

PRESS: Polish investment fund CWP to develop Romanian energy projects totaling 900 MW

PRESS: Romanian power firm Hidroelectrica to sell 17 small hydro power stations in October

CALENDAR

CZECH REPUBLIC & SLOVAKIA

Czech Republic – calendar of upcoming events, 08-15/09/2008

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