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Libya To Try Gadhafi Killers

Libya To Try Gadhafi Killers

Libya's new rulers said Thursday they would prosecute the killers of ousted dictator Moammar Gadhafi following the international outcry over the circumstances of his death.

Exxon Mobil 3Q Profit Soars 41%; Production Drops

Exxon Mobil 3Q Profit Soars 41%; Production Drops

Exxon Mobil Corp. (XOM) said Thursday its third-quarter earnings surged about 41% despite a drop in production as it continued to benefit from climbing oil prices and a stronger refining margin.

IEA Urges Greece to Reform its Energy Market and Boost Economy

IEA Urges Greece to Reform its Energy Market and Boost Economy

Increasing competition and reducing the role of the state in Greece's energy sector could make a significant contribution to the country's economic recovery, according to a review of Greek energy policies published today by the International Energy Agency (IEA).

Gazprom Mulls Electric Power Projects in Japan

Gazprom Mulls Electric Power Projects in Japan

Russian energy giant Gazprom is looking at the prospects for electric power projects in Japan with local supply companies, Gazprom said on Thursday.

Gas Production in Arctic to Grow to 250 billion cubic meters by 2020

Gas Production in Arctic to Grow to 250 billion cubic meters by 2020

Natural gas production in the Arctic may grow to 250 billion cubic meters by 2020, the president of the Russian Gas Society, State Duma Deputy Speaker Valery Yazev, said on Thursday. Yazev was speaking on the sidelines of the Russia-German raw materials forum, of which he is a co-chairman.

Gazprom Eager to Expand in Asia

Gazprom Eager to Expand in Asia

Asia holds potential as a growth market for natural gas, the deputy chairman of Russian giant Gazprom's management committee said, the Nikkei reported in its Wednesday morning edition.

Czechs Plan Nuclear Push with a $25 Billion Project

Czechs Plan Nuclear Push with a $25 Billion Project

The Czech Republic is pushing ahead with a large-scale expansion of its nuclear-power industry despite increasing misgivings about atomic energy among its neighbors in Europe.

Russia Urals Crude Exports to Rise in November

Russia Urals Crude Exports to Rise in November

Russia will export a total of 9.7 million metric tons of Urals crude in November, slightly up from 9.6 million tons in Ocotber, according to the preliminary loading program seen by Dow Jones Newswires Wednesday.

ITGI Pipeline To Cost EUR1.5-2 Billion -Energy Minister

ITGI Pipeline To Cost EUR1.5-2 Billion -Energy Minister

The Interconnector Turkey Greece Italy natural gas pipeline project, or ITGI, will cost between EUR1.5 billion and EUR2 billion and have a capacity of 10 billion cubic meters a year, Greek Energy Minister George Papaconstantinou said Monday.

Little Hope Of Iran Nuclear Talks Any Time Soon - EU Diplomats

Little Hope Of Iran Nuclear Talks Any Time Soon - EU Diplomats

The European Union's foreign policy chief Catherine Ashton has urged Iran to reassure the world about the nature of its nuclear program, but there is little hope talks will resume any time soon, diplomats said Monday.

EDF CFO: Would Own 80% In Edison If New Offer Accepted

EDF CFO: Would Own 80% In Edison If New Offer Accepted

French state-controlled power giant Electricite de France SA (EDF.FR) will own 80% directly and indirectly in Italian utility Edison SpA (EDN.MI) from 50% currently if its latest offer to Italian partners is accepted and the put option exercised as planned in three year's time, EDF's Chief Financial Officer Thomas Piquemal said Monday.