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Mitsubishi Heavy: Jordan Nuclear Project Still Alive

Mitsubishi Heavy: Jordan Nuclear Project Still Alive

Mitsubishi Heavy Industries Ltd. (7011.TO) believes Jordan still plans to build its first nuclear power plant in the near future, despite opposition in parliament based on fears of a major accident like the one in Fukushima last year, a company executive said Monday.

Petronas Gets Approval To Invest In Floating LNG Project

Petronas Gets Approval To Invest In Floating LNG Project

Malaysian oil and gas company Petroliam Nasional Bhd., or Petronas, is pushing ahead with its floating liquefied natural gas facility project and will compete with Royal Dutch Shell PLC's (RDSA) proposed floating LNG plant to be the world's first of its kind.

Greek Power Regulator Warns of Energy Meltdown

Greek Power Regulator Warns of Energy Meltdown

Greece's power regulator RAE will hold an emergency meeting next week to avert a collapse of the debt-stricken country's electricity and natural gas system, it said on Friday.

Pirates Attack Greek Oil Tanker Off Nigeria: IMB

Pirates Attack Greek Oil Tanker Off Nigeria: IMB

Pirates attacked a Greek-owned oil tanker off Nigeria Friday but failed to hijack the ship after the crew hid in a safe room, the International Maritime Bureau said.

Rosneft CEO Sechin: Never Considered Buying TNK-BP

Rosneft CEO Sechin: Never Considered Buying TNK-BP

Russian state-owned oil champion Rosneft never considered buying BP PLC's (BP) assets in Russian venture TNK-BP (TNBP.RS), Rosneft's Chief Executive Igor Sechin said, Interfax reported Friday.

OPEC Sees No Need To Cut After Price Drops Below $100

OPEC Sees No Need To Cut After Price Drops Below $100

OPEC producers, including from the Gulf, said Friday they saw no immediate need to cut production despite oil prices dropping below $100 a barrel--the price the organization sees as ideal.

Brent Below $100/Bbl, Could Fall Another $25, Say Analysts

Brent Below $100/Bbl, Could Fall Another $25, Say Analysts

Brent crude oil prices Friday dropped below the key $100 a barrel level and could fall by up to another $25 a barrel in the next few weeks if the sour sentiment in broader markets continues, analyst and brokers said.

UK Interested in North Stream Gas - Putin

UK Interested in North Stream Gas - Putin

Britain and the Scandinavian countries have expressed an interest in deliveries of Russian gas via the North Stream pipeline system in the Baltic, Russian President Vladimir Putin said on Friday during talks with Germany's Chancellor Angela Merkel.

BP May Sell its Stake in TNK-BP

BP May Sell its Stake in TNK-BP

BP is looking to sell its stake in its UK-Russian joint venture TNK-BP after being approached by a potential buyer.

IENE «6th SEEED» Highlighted the Major Energy Investment Challenges in SE Europe

IENE «6th SEEED» Highlighted the Major Energy Investment Challenges in SE Europe

The challenges , investment opportunities and the necessary changes across the energy sector were discussed yesterday on the first day of the «6th South East Europe Energy Dialogue» (6th SEEED), organized by the Institute of Energy for South East Europe (IENE), in cooperation the World Energy Council.

China Industry Group Says Wind Tower Tariffs May Hurt U.S. Industry

China Industry Group Says Wind Tower Tariffs May Hurt U.S. Industry

A Chinese industry group said Thursday that a U.S. decision to impose tariffs on Chinese wind-turbine towers will have a "negative effect" on related U.S. industries and is an attempt to conceal that U.S. tower manufacturers aren't competitive.