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Iraq Resumes Kirkuk Crude Oil Exports - Shipper

Iraq Resumes Kirkuk Crude Oil Exports - Shipper

Iraq has resumed crude oil exports from northern Kirkuk oil field to the Mediterranean port of Ceyhan in Turkey after a suspension that lasted a day, a Middle East shipping agent said Tuesday.

Greece Hikes Renewable Power Levies in Consumer Bills

Greece Hikes Renewable Power Levies in Consumer Bills

The Greek Regulatory Authority for Energy (RAE) on Saturday said it had boosted the levy for power generation from renewables by EUR 54 (USD 71) for each household per year.

Iraq To Buy 850 Million Cubic Feet A Day Iranian Gas

Iraq To Buy 850 Million Cubic Feet A Day Iranian Gas

Iraq has signed a deal with its former Gulf War foe Iran to import Iranian natural gas to feed its power plants near Baghdad in a step aimed at easing the country's electricity shortages, an Iraqi government spokesman said Monday.

Royal Dutch Shell To Increase Production in Brazil

Royal Dutch Shell To Increase Production in Brazil

Royal Dutch Shell PLC (RDSA.LN) said Monday that it and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas, BC-10, and the Bijupirá/Salema fields in Brazil.

Radioactive Water Leaked Into Sea at Fukushima -Tepco

Radioactive Water Leaked Into Sea at Fukushima -Tepco

The operator of the crippled Fukushima nuclear plant Monday admitted for the first time that radioactive groundwater has leaked out to sea, fuelling fears of ocean contamination.

Iraq Northern Oil Exports On Hold Since Sunday - Shipper

Iraq Northern Oil Exports On Hold Since Sunday - Shipper

Iraq's crude oil exports from northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey has been on hold since Sunday. The flow was briefly resumed last week after a suspension that lasted for more than three weeks, a Middle East shipping agent said Monday.

RWE Eyes More Savings to Mitigate Pressure on Power Generation

RWE Eyes More Savings to Mitigate Pressure on Power Generation

German utility RWE AG (RWE.XE) plans to step up its cost-cutting efforts by "several hundred millions of euros" to mitigate an expected sharp decline in earnings from its fleet of conventional power plants, a person familiar with the matter said Monday.

Federal Judge Denies BP Request to Freeze Spill Payments

Federal Judge Denies BP Request to Freeze Spill Payments

A federal judge Friday denied BP PLC's (BP, BP.LN) request to freeze all payments from its oil-spill settlement fund while former FBI Director Louis Freeh investigates alleged wrongdoing by fund lawyers.

UK Offers Tax Breaks to Kick-start Shale Gas Production

UK Offers Tax Breaks to Kick-start Shale Gas Production

Producers of shale gas in the U.K. will be offered tax breaks that more than halve the amount they pay on profits, the government said Friday, in a move designed to kick-start the embryonic industry.

Enel Green Power Wins Two Contracts in Mexico Worth $485 Million

Enel Green Power Wins Two Contracts in Mexico Worth $485 Million

Enel Green Power SpA (EGPW.MI), one of Europe's biggest renewable energy companies by market value, Monday said it won two wind power contracts in Mexico worth a combined $485 million as it expands in countries with strong economic growth.