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Chinese Exchanges Launch Oil Product Trading Platforms -Xinhua

Chinese Exchanges Launch Oil Product Trading Platforms -Xinhua

Παρ, 16 Αυγούστου 2013 - 15:53

Petroleum exchanges in three Chinese provinces have launched electronic trading platforms for oil products and the Beijing Petroleum Exchange plans to launch its platform by end-November, Xinhua news agency said in its fortnightly oil report published late Thursday.

Uganda Sees Its Firsts Oil Refinery on Stream by 2018

Uganda Sees Its Firsts Oil Refinery on Stream by 2018

Τετ, 14 Αυγούστου 2013 - 14:53

The Ugandan government said Wednesday that the construction of its first oil refinery will come on stream by 2018 as the East African nation continues to develop its nascent oil sector, the energy and minerals ministry said Wednesday.

RWE Raises Nuclear Provisions on Changed Atomic Waste Storage Law

RWE Raises Nuclear Provisions on Changed Atomic Waste Storage Law

Τετ, 14 Αυγούστου 2013 - 14:52

Utility RWE AG (RWE.XE) said Wednesday it increased provisions for its nuclear power business in the second quarter of 2013, reflecting a recent change to legislation in its German home market over the search and selection of a final storage facility for radioactive waste.

BP Sues EPA for Refusal to Lift Prohibition on Potential Govt Contracts

BP Sues EPA for Refusal to Lift Prohibition on Potential Govt Contracts

Τρι, 13 Αυγούστου 2013 - 13:29

BP PLC (BP) has sued the U.S. Environmental Protection Agency, saying the agency is abusing its discretion by continuing to bar the company from new government contracts following guilty pleas related to the 2010 Gulf of Mexico oil spill.

Gazprom Buys 90% of Moscow Integrated Power

Gazprom Buys 90% of Moscow Integrated Power

Τρι, 13 Αυγούστου 2013 - 13:29

Russian state gas firm OAO Gazprom's (GAZP.RS) power-generating arm won an auction to acquire an 89.9% stake in Moscow Integrated Power Co. (MOEK.RS) for 98.6 billion rubles ($2.99 billion), Russian newswires reported Tuesday.

RWE CEO Plans to Expand Cost Cuts by At Least EUR1B

RWE CEO Plans to Expand Cost Cuts by At Least EUR1B

Τρι, 13 Αυγούστου 2013 - 13:29

German utility RWE AG's (RWE.XE) chief executive intends to make further significant cost cuts to help mitigate pressure on earnings from recession-related weak energy demand in Europe and poor power prices, daily newspaper Handelsblatt reports Tuesday.

Gazprom Neft, Halliburton Sign Technological Cooperation Deal

Gazprom Neft, Halliburton Sign Technological Cooperation Deal

Τρι, 13 Αυγούστου 2013 - 13:28

OAO Gazprom Neft (SIBN.RS), the oil arm of state-controlled gas giant OAO Gazprom (GAZP.RS), has signed a technological cooperation deal with oilfield services company Halliburton Co. (HAL), the Russian firm said in a statement Tuesday.

CEZ Plans to Delay Decision on Temelin Nuclear Plant Expansion

CEZ Plans to Delay Decision on Temelin Nuclear Plant Expansion

Τρι, 13 Αυγούστου 2013 - 13:28

Czech power company CEZ AS (BAACEZ.PR) said Tuesday it plans to delay a decision on the construction of two new reactors at its main nuclear power plant until next year or 2015 as it evaluates the project feasibility and expected demand for electricity in its home market.