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Solyndra Gets Final Court Approval To Keep Spending In Chapter 11

Τρι, 27 Σεπτεμβρίου 2011 - 18:36

Embattled solar-panel maker Solyndra LLC reached a deal to ward off a threat to its cash flow and Tuesday won bankruptcy-court approval to keep spending, at least until Nov. 19.

Rosneft May Get Up to 30 pct in Exxon Mobil's Projects

Τρι, 27 Σεπτεμβρίου 2011 - 17:26

Russia's top oil producer Rosneft may get up to 30 percent in ExxonMobil's projects as part of a $3.2 billion agreement signed in August, Glenn Waller, head of Exxon Mobil Russia, said on Tuesday.

EDF and EEN Hellas Complete 24MW Wind Park in Greece

Τρι, 27 Σεπτεμβρίου 2011 - 17:21

French renewables giant EDF Energies Nouvelles has commissioned the 24MW Trikorfo wind farm in Greece. The project, in central Greece, was developed by EEN Hellas, EDF-EN’s local subsidiary. It consists of eight 3MW Vestas wind turbines.

Poland's Pawlak:Europe's Energy Security Depends On Neighbors

Δευ, 26 Σεπτεμβρίου 2011 - 15:33

Europe's energy security does not depend on investments alone and should include countries neighboring the European Union, such as states in North Africa, Poland's Economics Minister Waldemar Pawlak said in an interview with Austrian business newspaper Der Wirtschaftsblatt Monday. Securing Europe's energy is "sometimes about such simple solutions as changing European law to require pipeline operators to work in reverse [to transport natural gas or oil in both directions]," said Pawlak

NMDC Executive: Evaluating Coking Coal Mine In Russia

Δευ, 26 Σεπτεμβρίου 2011 - 15:31

NMDC Ltd. is conducting a due diligence to buy the Vinci coking coal mine in Russia with total reserves of 70 million-100 million metric tons, a senior executive at the state-run Indian company said Monday. "NMDC's team is currently evaluating the mine in Russia and will be back in one-two days. We hope to take a call on this investment by the end of next month," Finance Director S. Thiagarajan told Dow Jones Newswires

Debt Crisis In Some EU States Is A Worry - Qatar Oil Min

Δευ, 26 Σεπτεμβρίου 2011 - 15:29

The debt problems in some countries in the European Union are a worry for oil producers, but the crude market is currently well-supplied, Qatar's state news agency, reported Sunday, citing the country's oil minister. "Oil demand is currently affected by the global economic growth," Mohammed Saleh al-Sada said, according to QNA

TNK-BP Doubts Its Plan For CEO

Δευ, 26 Σεπτεμβρίου 2011 - 15:28

The future of Maxim Barsky, the chief-executive-in-waiting of BP PLC's Russian joint venture, is in question as BP and its partners believe he isn't up to the job, people familiar with the matter said. The situation raises the prospect that Mr. Barsky might quit, forcing the TNK-BP venture to search for a successor or keep interim CEO Mikhail Fridman in place for the near future. Mr. Barsky previously said he would leave the company by year-end if no agreement were reached on him taking the top job

Total Raises Oil, Gas Output Growth Outlook To 2.5% For 2010-2015

Δευ, 26 Σεπτεμβρίου 2011 - 15:27

French oil major Total SA Monday raised its outlook for annual production growth to 2.5% from 2% and said project start-ups during this stretch should produce around 600,000 barrels of oil equivalent a day by 2015, according to slides to be presented later in the day at an analyst conference here. Total said in its annual investor presentation last September that it would increase oil and gas output 2% annually between 2009 and 2014

Oil, Guns and Candy Floss: Don't Expect Business as Usual in Libya, Yet

Δευ, 26 Σεπτεμβρίου 2011 - 15:25

A message to foreign oil companies eager to pump Libyan oil again: don't expect business as usual just yet. But once the war-torn nation puts its act together, expect a roaring oil tiger. Neither totally at war nor really at peace, Libya still faces an uphill struggle to ramp up its production back to 1.6 million barrels a day--and to bring Africa's largest oil reserves to European consumers

End Doublespeak on Energy Efficiency, EU States Told

Δευ, 26 Σεπτεμβρίου 2011 - 13:06

The European Commission's top energy official has criticised EU member sates for holding a double language on the bloc's target to cut energy use by 20% by the end of the decade.

Asia-Pacific to Drive Global Gas Demand

Δευ, 26 Σεπτεμβρίου 2011 - 13:05

Rising natural gas consumption in China and India will underpin strong global gas demand in the near term, according to UK bank HSBC.

Iran Halts Exports to Turkey

Δευ, 26 Σεπτεμβρίου 2011 - 13:04

Iran has halted gas exports to Turkey after Turkish authorities requested a halt to enable them to check for a possible pipeline fault, the Iranian Oil Ministry website Shana has announced.

Nabucco Could Merge with Other Pipelines

Παρ, 23 Σεπτεμβρίου 2011 - 16:55

The 31bn m³/yr Nabucco pipeline project could end up being merged with competing southern corridor pipelines Trans-Adriatic pipeline (Tap) and Italy-Turkey-Greece Interconnector (ITGI), Austrian OMV chief executive Gerhard Roiss said.

China To Tighten Emission Standards For Thermal Power Plants

Πεμ, 22 Σεπτεμβρίου 2011 - 17:52

China will tighten emission standards for thermal power plants for the first time since 2003, the state-run China Daily reported Thursday, citing the Ministry of Environmental Protection.

Fukushima To Slow Global Nuclear Industry - Rio Exec

Πεμ, 22 Σεπτεμβρίου 2011 - 17:52

Japan's Fukushima nuclear accident in March has damaged the credibility of the uranium mining industry and will slow nuclear power growth for up to two years, a Rio Tinto PLC (RIO) executive said Thursday.

GM, GE Plan To Cooperate On Electric Car Charging Stations In China

Πεμ, 22 Σεπτεμβρίου 2011 - 17:51

General Motors (GM) and General Electric (GE) signed a memorandum of understanding to cooperate on deploying electric vehicle charging stations in China, the companies said Thursday.