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German Govt Softens Line on Stricter EU Emission Limits

German Govt Softens Line on Stricter EU Emission Limits

The German government has submitted a compromise proposal in an attempt to resolve a dispute with the European Parliament by the end of the month on stricter emission limits for carmakers, according to a person close to the matter.

UK Energy Minister, Russia Deputy PM Discuss UK-Russia Energy Cooperation

UK Energy Minister, Russia Deputy PM Discuss UK-Russia Energy Cooperation

U.K. Energy and Climate Change Secretary said he met Russian deputy Prime Minister Arkady Dvorkovich and Igor Sechin, the head of Russian state-controlled oil giant OAO Rosneft (ROSN.RS), in which BP PLC (BP.LN) holds a 19.75% stake, in London earlier Monday to discuss U.K.-Russian energy cooperation.

Gazprom Spurns Depa Over Finance Fears

Gazprom Spurns Depa Over Finance Fears

Russian gas giant Gazprom (GAZP.RS) didn't bid for Greece's natural gas company Depa for fear that its finances would deteriorate before the deal closed, a process that Gazprom said could take up to a year.

Significant Price Reduction, in Greece, for PV Feed in Tariffs After February 1

Significant Price Reduction, in Greece, for PV Feed in Tariffs After February 1

The Greek Ministry of Environment, Energy and Climate Change (YPEKA) has published a new Feed-in Tariff scheme for PV installations that took effect on 1 June 2013.The new FiTs will apply retroactively to all PV systems installed since 1 February 2013; the over 40% tariff reduction has been signed off both for ground-mounted and roof installations.

OPEC Oil Shipments to Fall 230,000 B/D in 4 Weeks to June 22

OPEC Oil Shipments to Fall 230,000 B/D in 4 Weeks to June 22

Seaborne oil shipments from the Organization of the Petroleum Exporting Countries will fall by 230,000 barrels a day in the four weeks to June 22, compared with the previous four-week period, U.K.-based tanker tracker Oil Movements said Thursday.

EDF: Fire Broke Out at French Plant, Didnt Affect Nuclear Area

EDF: Fire Broke Out at French Plant, Didn't Affect Nuclear Area

French state-controlled power group Electricite de France SA (EDF.FR) said Friday a fire started on a transformer at its nuclear plant in Cattenom, eastern France, adding that it was outside the nuclear-processing area.

Bulgaria to Boost Power Export Capacity to Turkey

Bulgaria to Boost Power Export Capacity to Turkey

Bulgaria will increase its power export capacity to Turkey to 366 megawatts (MW) as of July from 266 MW at present, a senior official of the country’s Electricity System Operator (ESO) said on Thursday.

Romania Power Output Falls 6.1% on Year in Jan-April

Romania Power Output Falls 6.1% on Year in Jan-April

Romanian energy output fell 6.1% on the year to 7.29 million tons of oil equivalent in the first four months of 2013, hurt by lower thermal sector production, news agency Mediafax reports Thursday citing official data.

Iraq Resumes Oil Exports from N Kirkuk After 2 Day Halt

Iraq Resumes Oil Exports from N Kirkuk After 2 Day Halt

Exports from Iraq's northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey resumed Wednesday following a two-day outage caused by a "technical fault" in the key pipeline, a Middle East shipping agent and a person familiar with the matter said Thursday.

Spain Government May Cut Renewable Energy Subsidies 10% to 20%

Spain Government May Cut Renewable Energy Subsidies 10% to 20%

Spain is preparing a new cut in subsidies for renewable-energy production, a move that could drive struggling solar energy companies into default at a time of deepening recession and boost loan losses for banks that financed their projects, according to people familiar with the plan.