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NATO: End Is Near For Gadhafi

NATO: End Is Near For Gadhafi

NATO declared Tuesday that "the end is near" for Moammar Gadhafi, despite a defiant appearance from the Libyan leader's son Seif al-Islam, who was earlier reported to have been arrested.

Egypt Al Qalaa To Build 150,000 B/D Refinery In Iraq

Egypt Al Qalaa To Build 150,000 B/D Refinery In Iraq

Iraq has signed a preliminary agreement for Egyptian company Al Qalaa to build a 150,000-barrels-a-day refinery near the northern city of Mosul, as part of a drive to boost fuel supplies, Iraq's deputy oil minister said Tuesday.

NATO Says Gadhafi Is Not A Target

NATO Says Gadhafi Is Not A Target

Moammar Gadhafi is "not a target" for NATO, an alliance military spokesman said Tuesday as fighting between rebels and pro-regime forces raged around his main compound in the Libyan capital Tripoli.

Libya Oil Race Starts as Fighting Continues

Libya Oil Race Starts as Fighting Continues

As fighting in Tripoli continues and international leaders looked to ramp up pressure on Muammar Gaddafi to step down, oil companies tried yesterday (22 August) to secure investments in Libya.

BP: Looking To Return To Libya As Soon As Conditions Allow

BP: Looking To Return To Libya As Soon As Conditions Allow

BP PLC (BP.LN) said Monday it is committed to returning to Libya and continuing its oil and gas exploration program in the country as "soon as conditions allow," as rebel forces strengthen their position in the capital Tripoli and expectations grow that Col. Moammar Gadhafi will be forced out of power.

Japan Says Areas Around Fukushima Plant May Be Off Limits For Years

Japan Says Areas Around Fukushima Plant May Be Off Limits For Years

Some areas within the 20-kilometer evacuation zone around the stricken Fukushima Daiichi nuclear complex may be off limits for years as a result of unsafe levels of radioactive contamination, Japan's government said Monday.

Saudis Will Adjust Oil Output If Needed As Libya Resumes

Saudis Will Adjust Oil Output If Needed As Libya Resumes

Saudi Arabia, OPEC's leading oil producer, will adjust its oil export levels if needed as Libya resumes its own oil production, though the cartel expects Libya's output recovery after Col. Moammar Gadhafi's reign will be slow and gradual, a senior Gulf OPEC official said Monday.

Russia in Talks to Build More Nuclear Plants in Iran

Russia in Talks to Build More Nuclear Plants in Iran

Russia has put forward “proposals” to build new nuclear power plants in Iran after the completion of the Bushehr project, local media reported Sunday quoting the Islamic republic’s atomic chief.

Anadarko Hits Gas Off Mozambique

Anadarko Hits Gas Off Mozambique

Anadarko Petroleum has struck gas in the Barquentine-2 appraisal well in Area 1 of Mozambique’s offshore Rovuma basin.

Samsung C&T Considers Buying Apollos Parallel Petroleum

Samsung C&T Considers Buying Apollo's Parallel Petroleum

South Korean trading firm Samsung C&T said on Monday it was considering taking over independent U.S. oil firm Parallel Petroleum, which a media report said might be worth some $1 billion.

Gadhafi Planning To Leave Libya, For Tunisia - Report

Gadhafi Planning To Leave Libya, For Tunisia - Report

Libya's leader Moammar Gadhafi is planning to leave the country with his family for possible exile in Tunisia, NBC News reports on its website late Thursday, citing unnamed U.S. officials with knowledge of intelligence reports.

Yingli Green Earnings Surge 72% On Strong PV Sales

Yingli Green Earnings Surge 72% On Strong PV Sales

Yingli Green Energy Holding Co.'s (YGE) fiscal second-quarter earnings soared 72% as the company benefited from better-than-expected revenue and strong sales of a key product.