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IMF: Greece Faces Delayed Loan Disbursal If Athens Fails On Milepost

Πεμ, 22 Μαρτίου 2012 - 17:37

Greece faces delayed loan disbursement if Athens fails to meet a key milepost under a new, EUR28 billion International Monetary Fund program agreed upon last week, an IMF spokesman said Thursday.

Egypt Petrol Shortage Causes Long Queues

Πεμ, 22 Μαρτίου 2012 - 17:36

Long queues snaked outside empty petrol stations in Cairo and other Egyptian cities on Thursday, as worried motorists waited for new deliveries amid fears of price hikes and longer-term scarcity.

RES Power Share Grows in Greece

Πεμ, 22 Μαρτίου 2012 - 17:02

The share of renewable energy sources (RES) in electricity production in Greece more than doubled within five years, climbing from 2.1 percent in 2006 to 5.2 percent last year, according to a survey by ICAP that will be presented on April 5.

Tamar Partners to Sell Gas to Gazprom Unit

Πεμ, 22 Μαρτίου 2012 - 13:53

The Tamar partners last night reported that they have signed a non-binding letter of intent to sell liquefied gas to Russian giant Gazprom (RTS: GAZP; LSE: OGZD; DAX: GAZ) unit Gazprom Marketing and Trading Switzerland AG (GM&T).

Bulgaria Should Sell its New Russian Nuclear Reactor-Kostov

Πεμ, 22 Μαρτίου 2012 - 13:41

Bulgaria should sell its new Russian nuclear reactor, according to Ivan Kostov, co-chair of the right-wing Blue Coalition.

France, Germany Would Not Join Oil Release

Πεμ, 22 Μαρτίου 2012 - 13:40

France and Germany have reportedly come out against joining a potential release of strategic oil reserves mooted by the US and UK, arguing the emergency measure is meant to offset supply disruptions rather than tame oil prices.

Iraq Suspends Oil Exports From New Terminal - Official

Τετ, 21 Μαρτίου 2012 - 17:43

Iraq has suspended crude oil exports from its newly built sea-terminal in the south on technical faults after loading one vessel earlier this month, a senior Iraqi oil official said Wednesday.

China Ministry: US Tariffs On China Solar Panels Hurt US, China Interests

Τετ, 21 Μαρτίου 2012 - 17:42

China's Ministry of Commerce said Wednesday that the U.S. move to impose tariffs on imports of Chinese-made solar panels harms the interests of both nations.

UK Sets 2014-2015 CO2 Price Floor Top Up Fee At GBP9.55/Ton

Τετ, 21 Μαρτίου 2012 - 17:42

U.K. Chancellor of the Exchequer George Osborne Wednesday set the "top up" fee that electricity generators will pay for their carbon emissions in 2014-2015 under the government's flagship carbon price floor mechanism, which is designed to stimulate investment in green energy.

UK's Osborne Says Planned Fuel Tax Increase Will Occur In August

Τετ, 21 Μαρτίου 2012 - 17:41

U.K. Chancellor of the Exchequer George Osborne refused to bow to pressure Wednesday to mitigate high fuel prices by canceling an increase in the tax imposed on gasoline and diesel planned for later in the year.

Poland Eyes Shale Gas Exploration Results After New Lower Estimate

Τετ, 21 Μαρτίου 2012 - 17:41

International oil majors and Polish state-controlled companies should ramp up their shale gas exploration efforts in Poland to continue gathering more data, Polish officials said Wednesday after the national geological institute said Polish reserves are likely much smaller than the Energy Information Administration's rougher estimate.