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Putin Watching Gazprom Raids

Putin Watching Gazprom Raids

Russian Prime Minister Vladimir Putin has said his government is keeping a close eye on raids by the European Commission on Gazprom and its subsidiaries, according to reports.

Oil Market Seen Neutral-To-Bullish - SEB

Oil Market Seen Neutral-To-Bullish - SEB

The oil market looks neutral to bullish with the potential for high volatility due to the uncertain macroeconomic environment, says Filip Petersson, commodity strategist at SEB.

EU Clears Germanys ZF To Buy Belgian Wind Turbine Maker Hansen

EU Clears Germany's ZF To Buy Belgian Wind Turbine Maker Hansen

The European Commission cleared Friday Germany's automotive industry supplier ZF Friedrichshafen AG to buy Belgian company Hansen Transmissions International NV (HSN.LN), a maker of wind turbine gearboxes.

ConocoPhillips First US Buyer Of Libyan Crude - Traders

ConocoPhillips First US Buyer Of Libyan Crude - Traders

ConocoPhillips (COP) has purchased a cargo of Libyan crude from Vitol Holding, making it the first U.S. oil major to buy the country's oil since Col. Moammar Gadhafi's fall, trade sources told Dow Jones Newswires Friday.

BP $7.1B Argentina Sale To Cnooc Said To Risk Collapse -Bloomberg

BP $7.1B Argentina Sale To Cnooc Said To Risk Collapse -Bloomberg

Plans by BP PLC (BP) to sell its 60% stake in Argentine crude producer Pan American Energy to a joint venture of China's Cnooc Ltd. (0883.HK) and Argentine-owned Bridas Energy Holding Ltd. is at risk of collapse, Bloomberg News reported Friday on its website, citing a person with knowledge of the matter.

Plutonium Detected Outside Fukushima Nuclear Plant -Ministry

Plutonium Detected Outside Fukushima Nuclear Plant -Ministry

A limited amount of plutonium has been detected in soil outside Japan's troubled Fukushima nuclear power plant which was crippled by the March 11 quake-tsunami disaster, the government said Friday.

Hyundai, Greeces Metka Win $656.9M Iraq Power Plant Deals

Hyundai, Greece's Metka Win $656.9M Iraq Power Plant Deals

Iraq's cabinet has approved deals with South Korea's Hyundai Engineering Co. (000720.SE) and Greece-based Metka (METKK.AT) to build power plants in the southern oil hub of Basra worth up to $656.9 million, a government spokesman said, in moves aimed at tackling the acute power shortage in the oil-rich country.

Japan Renewables Law May Get More Wind Turbines Spinning

Japan Renewables Law May Get More Wind Turbines Spinning

Japan's wind power companies hope a new law approved in the wake of the country's nuclear disaster will be a big boost for a sector which for now holds only a tiny share of the energy mix, but they are waiting to see details before they start cheering.

Ceyhan Oil Exports Seen Unaffected By Kirkuk Pipeline Outage

Ceyhan Oil Exports Seen Unaffected By Kirkuk Pipeline Outage

Iraqi oil exports from the Turkish terminal of Ceyhan are unlikely to be affected by a pipeline interruption, as there is adequate crude in storage at the export terminal, an Iraqi official said Thursday.

EU In Renewed Push For Energy Market Liberalization

EU In Renewed Push For Energy Market Liberalization

The European Union's executive body is formally asking 18 member countries to implement rules aimed at liberalizing the EU energy markets adopted years ago, as part of a bid to speed up reforms and meet a 2014 deadline, the European Commissioner for Energy said Thursday.