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E.ON to Sell 80% Stake in Danish Offshore Wind Farm

E.ON to Sell 80% Stake in Danish Offshore Wind Farm

E.ON SE (EOAN.XE) said Wednesday it has agreed to sell a majority stake in an offshore wind farm in Denmark as the German utility seeks to conserve cash and free up funds for reinvestment in new "green" energy projects.

Japan Nuclear Watchdog To Start Review of Tepco Reactor Restart

Japan Nuclear Watchdog To Start Review of Tepco Reactor Restart

Japan's nuclear watchdog said Wednesday it will go ahead with a review of safety compliance measures for Tokyo Electric Power Co.'s Kashiwazaki-Kariwa nuclear power plant, even as the utility battles problems at the cleanup of the Fukushima Daiichi facility.

Srbijagas Eyes 175 mln euro Gazprom Loan for South Stream Section

Srbijagas Eyes 175 mln euro Gazprom Loan for South Stream Section

Serbian state-owned gas monopoly Srbijagas is expecting to get a loan of around 175 million euro ($233.9 million) from Gazprom in the first quarter of 2014 to fund works on the local section of the South Stream gas pipeline, Srbijagas director general Dusan Bajatovic said.

Serbia Says Work on Local South Stream Section Starts Nov 24

Serbia Says Work on Local South Stream Section Starts Nov 24

The construction of the Serbian section of the South Stream gas pipeline is set to get underway on November 24 while an offshoot could pump gas to Kosovo to ensure the regional reliability of supplies, the government in Belgrade said on Monday.

Russias Rosneft Signs Bolivia Energy Deal

Russia's Rosneft Signs Bolivia Energy Deal

Russian oil giant Rosneft (ROSN.RS) has signed a deal to explore for and develop energy in Bolivia, state oil company YPFB said Saturday.

BASF: Renewable Surcharge Exemption Removal to Cost EUR400M

BASF: Renewable Surcharge Exemption Removal to Cost EUR400M

BASF AG (BAS.XE) expects to face 400 million euros ($535 million) in additional costs at its headquarters alone should the German government lift an exemption from renewable energy surcharges.

Statoil Makes New Oil Discovery in Norwegian Sea

Statoil Makes New Oil Discovery in Norwegian Sea

Norwegian oil and gas major Statoil ASA (STO) said Monday that together with its partners it has made an oil discovery in the Snilehorn prospect in the Norwegian Sea.

Iran, UN Nuclear Agency Reach Deal On Roadmap For Cooperation

Iran, UN Nuclear Agency Reach Deal On Roadmap For Cooperation

Iran and the United Nations nuclear watchdog Monday reached agreement on a "roadmap for cooperation" to resolve outstanding issues linked to Iran's controversial atomic drive, nuclear chief Ali Akbar Salehi said.

Offshore, Shipping and Cruise: Towards a New Era in Marine Technology

Offshore, Shipping and Cruise: Towards a New Era in Marine Technology

The Hellenic Institute of Marine Technology (H.I.M.T.) is an independent, non-profit organisation, established in 1972, playing since then an active role in Greek shipping. Its mission is to contribute to the advancement of maritime technology, by functioning as a platform of interaction among scientists, technologists, entrepreneurs and the regulators of the field.

Kashagan Giant Oil Field Wont Restart Output Before Next Year

Kashagan Giant Oil Field Won't Restart Output Before Next Year

Oil production at Kazakhstan's giant Kashagan field, halted since early October because of a dangerous gas leak, won't resume before next year, according to people with direct knowledge of the matter, casting a cloud over one of the world's biggest industrial projects.

Iran, West Race to Try to Seal Initial Nuclear Deal

Iran, West Race to Try to Seal Initial Nuclear Deal

Iran and world powers raced in an effort to seal an initial deal Friday to curb Iran's nuclear program in exchange for some easing of sanctions, with U.S. Secretary of State John Kerry and several European foreign ministers arriving in Geneva to narrow differences.