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Frances Areva Finds 12,300 Tons Of Uranium In Jordan

France's Areva Finds 12,300 Tons Of Uranium In Jordan

Τρι, 1 Νοεμβρίου 2011 - 18:54

French nuclear giant Areva SA (AREVA.FR) has discovered 12,300 metric tons of uranium in central Jordan, state-run media said Tuesday, as the parched kingdom tries to develop nuclear energy to meet its growing needs.

Qatar Oil Min: Barzan Gas Proj Cost Rises To $10.3 Bln

Qatar Oil Min: Barzan Gas Proj Cost Rises To $10.3 Bln

Τρι, 1 Νοεμβρίου 2011 - 18:54

Qatar's oil minister said Tuesday the total cost of the Barzan development, which will produce natural gas to meet the Gulf Arab state's rising energy needs, will be $10.3 billion, higher than previous estimates.

Fitch: Greek Referendum Threat to Eurozone Financial Stability

Fitch: Greek Referendum Threat to Eurozone Financial Stability

Τρι, 1 Νοεμβρίου 2011 - 18:53

Fitch Ratings says that the announcement by the Prime Minister of Greece of a public referendum to approve the economic and financial conditions associated with the new EU-IMF programme, including the debt restructuring under the 'private sector involvement' (PSI), dramatically raises the stakes for Greece and the eurozone as a whole.

Romania Supports Serbia Joining AGRI Gas Pipeline Project

Romania Supports Serbia Joining AGRI Gas Pipeline Project

Τρι, 1 Νοεμβρίου 2011 - 18:53

Romania will support Serbia's bid to join the AGRI pipeline project aimed at supplying gas from the Caspian Sea to central European countries, President Traian Basescu said here Tuesday.

Anadarko: Ghanas Jubilee Field Producing Less Than Expected

Anadarko: Ghana's Jubilee Field Producing Less Than Expected

Τρι, 1 Νοεμβρίου 2011 - 18:52

Anadarko Petroleum Corp. (APC) said Wednesday that Ghana's massive Jubilee oilfield is producing less than expected and that some wells will have to be reworked in order to try to achieve the original production target.

PPC: Minister of Environment Comments on Lignite Liberalization

PPC: Minister of Environment Comments on Lignite Liberalization

Τρι, 1 Νοεμβρίου 2011 - 16:04

Minister of Environment Papakostantinou said that a solution over the lignite liberalization should be expected by the end of the week. He also repeated that the plan over the opening of the 40% of the lignite generation includes both the sale of lignite units and energy swaps.

Repsol YPF Boosts Libyas Oil Production to 500,000 b/d

Repsol YPF Boosts Libya's Oil Production to 500,000 b/d

Τρι, 1 Νοεμβρίου 2011 - 14:36

Libya’s oil output has reached 500,000 b/d after Repsol YPF SA began producing 60,000 b/d of oil from its El Sharara field, according to interim Oil Minister Ali Tarhouni. “As of an hour ago we are up to 500,000 b/d with the Sharara field resuming operation,” Tarhouni told a news conference in Benghazi after the Spanish firm resumed work at its field on Block NC115.

First Solar VP: Renewables Industrial Policy Needed

First Solar VP: Renewables Industrial Policy Needed

Τρι, 1 Νοεμβρίου 2011 - 14:31

The prospects for solar energy are bright, but an industrial policy that attracts investment for renewables and fair global energy subsidies are needed, a leading industry figure says.

Vestas Shares Tumble Following Profit Warning

Vestas Shares Tumble Following Profit Warning

Δευ, 31 Οκτωβρίου 2011 - 18:55

Shares in Vestas Wind Systems A/S (VWS.KO) plummeted Monday after the world's largest manufacturer of wind turbines revised its profit guidance for 2011 and said it wouldn't complete some projects on time due to problems commissioning a new generator factory in Germany.

TNK-BP To Pay $1B To Buy 45% Stake In HRTs Amazon Oil Blocks

TNK-BP To Pay $1B To Buy 45% Stake In HRT's Amazon Oil Blocks

Δευ, 31 Οκτωβρίου 2011 - 18:54

TNK-BP Holding (TNBP.RS) will pay $1 billion to buy a stake in exploration blocks in the Amazon region from Brazil's HRT Participacoes em Petroleo SA (HRTP3.BR), the Brazilian company said Monday in a statement.

Petrobras To Double Oil Production To 4M B/D By 2020 - CEO

Petrobras To Double Oil Production To 4M B/D By 2020 - CEO

Δευ, 31 Οκτωβρίου 2011 - 18:54

Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, plans to double its crude production from the current level to four million barrels a day by 2020, said its chief executive Jose Gabrielli Monday.

Unsustainable UK Solar Subsidies Should Be Halved - Govt

Unsustainable UK Solar Subsidies Should Be Halved - Govt

Δευ, 31 Οκτωβρίου 2011 - 18:53

A popular subsidy to incentivize U.K. citizens to switch to solar power had become too expensive to maintain and should be cut by half, the government said Monday, a move that some solar panel manufacturers and consumer groups warned will lead to industry job losses and set back attempts to encourage households to generate their own electricity as a cheaper and secure alternative.