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EU Proposes Rules To Boost Say On International Energy Deals

EU Proposes Rules To Boost Say On International Energy Deals

The European Commission Wednesday proposed new rules that would dramatically increase its oversight of energy agreements between European Union members and Russia and other non-EU governments.

Trina Solar Announces World Record Based on Honey Technology

Trina Solar Announces World Record Based on Honey Technology

Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced today that it has achieved what is believed to be a new world record for its laboratory-tested multicrystalline module power output.

BP: Significant Resource Extension Of Mad Dog Field In Gulf Of Mexico

BP: Significant Resource Extension Of Mad Dog Field In Gulf Of Mexico

BP PLC (BP.LN), a producer of oil and gas, Wednesday announced the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the U.S Gulf of Mexico, adding that pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the complex are now estimated to be up to four billion barrels of oil equivalent.

Iraqi Prime Minister Calls For Quick Projects To Meet Power Needs

Iraqi Prime Minister Calls For Quick Projects To Meet Power Needs

Iraqi Prime Minister Nouri al-Maliki met with an executive from U.S. company Caterpillar Inc (CAT) on Wednesday, emphasizing that Iraq needs quick solutions to its power woes, a statement from the premier's office said.

Trans Adriatic Pipeline submits Third Party Access Exemptions in Albania, Greece & Italy

Trans Adriatic Pipeline submits Third Party Access Exemptions in Albania, Greece & Italy

The Trans Adriatic Pipeline (TAP) has submitted its Third Party Access Exemption (TPA) applications in all three host countries – Albania, Greece and Italy. Third Party Exemption will allow TAP AG to enter into long term ship-or-pay Gas Transportation Agreements (GTAs) with the shippers of Shah Deniz II gas.

EU Companies Get 50% Stake in Russias South Stream

EU Companies Get 50% Stake in Russia's South Stream

Gazprom CEO Alexei Miller announced yesterday (6 September) the number of shares that EU companies will take in Russia's South Stream pipeline project, which is designed to deliver natural gas directly to Western Europe under the Black Sea.

European Coal Stocks at High Level

European Coal Stocks at High Level

Coal inventories at Europe's largest terminals remain at their highest levels in weeks, as transportation on the Rhine river is restricted because of low water levels.

Iran Nuclear Chief: No Snap Checks Of Atomic Units

Iran Nuclear Chief: No Snap Checks Of Atomic Units

Iran clarified Tuesday that its offer of allowing "full supervision" of its atomic program in return for lifting of sanctions doesn't include snap checks by United Nations inspectors of its nuclear units.

Ukraine To Take Russia To Court In Gas Row - President

Ukraine To Take Russia To Court In Gas Row - President

Ukraine is preparing to take Russia to court to prove it has violated accords in a worsening gas dispute, which has ended a thaw in relations, President Viktor Yanukovych said Tuesday.

Libyas NTC Will Honor Existing Oil Deals -EU Diplomat

Libya's NTC Will Honor Existing Oil Deals -EU Diplomat

Libya's National Transitional Council has said it will respect existing oil contracts, a European Union diplomat said Tuesday. Speaking of meetings with new Libyan officials, the diplomat said: "In general terms, they underlined business continuity. There will not be any action taken on the decisions of the Gadhafi regime."

OPEC Set To Recognize Libyas NTC After UN Vote

OPEC Set To Recognize Libya's NTC After UN Vote

The Organization of Petroleum Exporting Countries is set to admit the National Transitional Council as Libya's representative after the United Nations recognizes it as the legitimate government, people familiar with the matter said this week.

Glencore Signs Fuel Agreement with Libya

Glencore Signs Fuel Agreement with Libya

Commodities trader Glencore has signed its first contract to deliver fuels to Libya’s interim council, industry sources said, in a further sign that rival Vitol is losing its position as top supplier to rebels that are now interim leaders.