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Rosneft to Offer Buyout to TNK-BP Minority Shareholders -- CEO

Rosneft to Offer Buyout to TNK-BP Minority Shareholders -- CEO

OAO Rosneft (ROSN.RS) will offer a buyout to the minority shareholders of OAO TNK-BP Holding (TNBP.RS), in which it acquired a majority stake this year from BP PLC (BP) and a consortium of tycoons, Rosneft Chief Executive Igor Sechin said Friday.

German Energy Lobby Wants End of Fixed Prices for Renewable Energies

German Energy Lobby Wants End of Fixed Prices for Renewable Energies

Germany's largest energy lobby group Friday urged lawmakers to fix the country's power market after years of generous subsidies for renewable energies have resulted in spiraling electricity costs, while bringing conventional power plants to the verge of losses.

Brazil to Raise Gasoline, Diesel Prices By 5% in October

Brazil to Raise Gasoline, Diesel Prices By 5% in October

Brazil's government will allow state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, to raise gasoline and diesel prices by 5% in October, local business daily Valor Economico reported Friday.

Croatian Court Issues Detention Order for MOL CEO Hernadi

Croatian Court Issues Detention Order for MOL CEO Hernadi

A court in Zagreb on Friday issued a detention order for the chief executive and chairman of Hungarian oil and gas company MOL Nyrt. (MOL.BU), Zsolt Hernadi, after he didn't attend a hearing in a corruption investigation, the court's spokesman told The Wall Street Journal.

The 28th European Photovoltaic Solar Energy Conference and Exhibition Opens on Monday, 30 September 2013, in Paris, France

The 28th European Photovoltaic Solar Energy Conference and Exhibition Opens on Monday, 30 September 2013, in Paris, France

The 28th European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC 2013) opens its doors on Monday, 30 September 2013, and is ready to welcome the global PV business and research community in Paris, France. The event takes place from 30 September to 04 October 2013 (Conference: 30 September to 04 October 2013 – Exhibition: 01 to 03 October 2013). This unique PV solar gathering constitutes the world’s leading science-to-science, business-to-business and science-to-industry forum for the global PV Solar sector

Statoil Discovers Up to 600M Barrels of Oil Offshore Canada

Statoil Discovers Up to 600M Barrels of Oil Offshore Canada

Norwegian oil company Statoil ASA (STO) said Thursday it had discovered up to 600 million barrels of recoverable oil offshore Canada, its third discovery in a potential new core production area.

Cyprus: Results of Gas Appraisal Due Next Month

Cyprus: Results of Gas Appraisal Due Next Month

TEXAS-based Noble Energy is due to announce the results of its appraisaldrillingat the Aphrodite gas field early next month, the energy minister said Tuesday.

Gazprom Opposes Rosneft, Exxon LNG Project - Agency

Gazprom Opposes Rosneft, Exxon LNG Project - Agency

Russian state gas giant OAO Gazprom (GAZP.RS) opposes the plans of state oil firm OAO Rosneft (ROSN.RS) and Exxon Mobil Corp. (XOM) to build a gas liquefaction plant on the Pacific island of Sakhalin and is prepared to continue talks on buying and liquefying the gas itself, a Gazprom executive was quoted as saying Wednesday by Prime news agency.

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.