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Pakistan Earthquake Death Toll Rises to 328

Pakistan Earthquake Death Toll Rises to 328

The death toll from a major earthquake that hit southwestern Pakistan rose to 328 on Wednesday, provincial officials said, with more fatalities feared as rescue teams reach the remote affected area.

Iraq to Turn up Oil Tap This Year

Iraq to Turn up Oil Tap This Year

Four years after war-scarred Iraq enlisted major oil companies to develop its oil fields, the country is about to turn up the tap.

Henry David Joins Energean Oil & Gas

Henry David Joins Energean Oil & Gas

Henry David, one of the top American geoscientists, who has cooperated with some of the biggest company in the international oil & gas industry, joins Energean Oil & Gas’s stuff.

Romanias Nuclearelectrica Raises RON282M in Public Stock Offering

Romania's Nuclearelectrica Raises RON282M in Public Stock Offering

Romanian state-run nuclear power producer Nuclearelectrica has raised 281.8 million lei (EUR63 million) in an initial public offering of 10% of its shares that ended Friday, the brokers running the deal said Monday, news agency Mediafax reports.

Foresight Solar Fund Launches GBP200M IPO

Foresight Solar Fund Launches GBP200M IPO

Foresight Solar Fund Limited, a Jersey incorporated investment company, Monday launched a 200 million pounds initial public offering, and said that it intends to invest the net proceeds in an identified portfolio of U.K. ground based solar power plants.

Beijing to Limit Car Ownership to 6 Million

Beijing to Limit Car Ownership to 6 Million

The city government of Beijing on Monday mapped out plans to combat the air pollution that plagues the Chinese capital, including a cap on the number of vehicles and transferring most electricity production outside the city.

E.ON, RWE Down Amid Political Change

E.ON, RWE Down Amid Political Change

Shares in German utilities E.ON (EOAN.XE) and RWE (RWE.XE) trade lower after the defeat of the Free Democrats in German election forces Chancellor Angela Merkel to look for a new coalition partner.

China Says Consumers Need to Bear Some Costs of Tighter Fuel Standards

China Says Consumers Need to Bear Some Costs of Tighter Fuel Standards

China on Monday said consumers will need to bear some of the costs of tighter fuel standards, opening the door to higher prices at fuel pumps as the nation balances growing public concern over the environment with worries about inflation.

Brazils Libra Auction Bidding Unlikely to be Heated

Brazil's Libra Auction Bidding Unlikely to be Heated

UBS expects a maximum of two bidding groups to compete at Brazil's Oct 21 sale of the Libra oil field, one of the world's largest offshore discoveries. Just 11 companies registered for the sale, mostly Asian national oil companies.

Vestas Receives 60 MW US Order

Vestas Receives 60 MW US Order

Danish wind turbine manufacturer Vestas Wind Systems A/S (VWS.KO) said Friday that it has received a firm and unconditional order for wind turbine equipment corresponding to an output of 60 MW from Renewable Energy Systems Americas Inc. in the U.S.

Iranian Presidents UN Speech in Focus for Oil

Iranian President's UN Speech in Focus for Oil

Iran's President Hassan Rouhani will address the United Nations in New York next week, after a concerted campaign that hints of a return to dialogue over its contentious nuclear program. Matters are looking more promising, says VTB Capital's Andrey Kryuchenkov.

France To Cut Fossil Fuels By 30% By 2030 -Hollande

France To Cut Fossil Fuels By 30% By 2030 -Hollande

France will reduce use of fossil fuels by 30% by 2030 as part of a strategy to halve overall energy use by 2050, President Francois Hollande announced on Friday.