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GDF Suez: Could Create As Many As 6,000 Jobs On French Windfarm

GDF Suez: Could Create As Many As 6,000 Jobs On French Windfarm

French consortium comprising GDF Suez SA (GSZ.FR) and Vinci SA (DG.FR) and its industrial partner Areva SA (AREVA.FR) Monday said that would they be the successful bidder on three offshore windfarm tenders off Normandy, Northern France, the whole project would mobilize up to 6,000 jobs.

Nigeria Govt: GE To Invest $10B In Power Plants

Nigeria Govt: GE To Invest $10B In Power Plants

General Electric Co. (GE) has agreed to invest $10 billion in new power plants in Nigeria, that country's power ministry said Monday, Reuters reported on its website.

German Ruling Coalition Agrees Solar Subsidy Cuts

German Ruling Coalition Agrees Solar Subsidy Cuts

Germany's ruling coalition has agreed solar subsidy cuts that are aimed at containing the rapid expansion of photovoltaic solar technology and the associated costs of subsidizing it, a person familiar with the matter said Monday.

Bulgaria Dismisses Head of Energy Holding Co

Bulgaria Dismisses Head of Energy Holding Co

Bulgaria's energy and economy minister has dismissed the executive director of the state-owned Bulgarian Energy Holding (BEH) Yordan Georgiev, the ministry said on Sunday.

Bulgaria and Turkey Start Working on Natural Gas Pipeline

Bulgaria and Turkey Start Working on Natural Gas Pipeline

A technical committee from Bulgaria has started working with Turkish staff on a natural gas pipeline between the two countries, Energy Minister Taner Yıldız said March 23 at a ceremony at Melikşah University in the central Anatolian province of Kayseri, Hurriyet Daily reports.

Poland To Start Shale Gas Production 2014-15 -Minister

Poland To Start Shale Gas Production 2014-15 -Minister

Poland will begin commercial production of natural gas from shale rock deposits in late 2014 or early 2015, Treasury Minister Mikolaj Budzanowski said Friday, days after a local institute said Poland had less shale gas than previously thought.

EU Expands Iran Sanctions, Signs Off Oil Embargo Text

EU Expands Iran Sanctions, Signs Off Oil Embargo Text

European Union foreign ministers agreed Friday to add 17 Iranians to its sanctions list for human rights abuses, and also signed off on a legal text that details how they will implement an oil embargo on Iran.

EUs CO2 Trade Needs To Be Revitalized

EU's CO2 Trade Needs To Be Revitalized

E.ON AG (EOAN.XE) said Friday the European Union's carbon dioxide emissions trade needs to be "revitalized" and called for a harmonization of the diverse set of rules amongst the individual EU member states.

Enbridge Acquires 50-MW Nevada Solar Project from First Solar

Enbridge Acquires 50-MW Nevada Solar Project from First Solar

Enbridge Inc. (TSX:ENB) (NYSE:ENB) and First Solar, Inc. (NASDAQ:FSLR) announced today that Enbridge has acquired a 100 per cent interest in the 50-megawatt (MW) Silver State North photovoltaic (PV) project that First Solar has developed and constructed in Clark County, Nevada, near the community of Primm. Terms of the transaction were not disclosed.

Iraq, Lukoil Ink $998M West Qurna Oil Deal With Samsung

Iraq, Lukoil Ink $998M West Qurna Oil Deal With Samsung

Iraq and Russia's OAO Lukoil Holding (LKOH.RS) signed Thursday a $998 million deal with South Korea's Samsung Engineering Co. Ltd. (028050.SE) to develop the supergiant West Qurna phase 2 oil field in southern Iraq.

Rosneft Vice President Pavel Fedorov Named Deputy Energy Minister

Rosneft Vice President Pavel Fedorov Named Deputy Energy Minister

Russia largest oil producer OAO Rosneft's (ROSN.RS) First Vice President Pavel Fedorov moved to work as a deputy energy minister Thursday, marking the first government appointment since Vladimir Putin returned as President at March 4 elections.