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A2A Official: Deadline With EdF Over Edison May Be Postponed

A2A Official: Deadline With EdF Over Edison May Be Postponed

Πεμ, 21 Ιουλίου 2011 - 17:58

A2A SpA (A2A.MI) and Electricite de France SA's (EDF.FR) September deadline to reach an agreement on their joint control of Edison SpA (EDN.MI) may be postponed, a top official at the Italian municipal utility said Thursday.

Total, Novatek Get Tax Break For Yamal LNG Project

Total, Novatek Get Tax Break For Yamal LNG Project

Πεμ, 21 Ιουλίου 2011 - 17:58

French energy giant Total SA (TOT) and Russian gas producer OAO Novatek (NVTK.RS) will pay no mineral extraction tax for their Yamal LNG project in Northern Russia, the Interfax news agency reports Thursday citing Deputy Prime Minister Igor Sechin.

Bahrain To Start Soon Deep Drilling For Natural Gas

Bahrain To Start Soon Deep Drilling For Natural Gas

Πεμ, 21 Ιουλίου 2011 - 17:57

Bahrain plans to shortly start drilling deeper in the Bahrain Field as it seeks to discover additional quantities of natural gas there, state-run Kuwait News Agency, or Kuna, reports Thursday citing Bahraini Energy Minister Abdul Hussain Mirza.

Turkmenistan Starts Selling Gas to China

Turkmenistan Starts Selling Gas to China

Πεμ, 21 Ιουλίου 2011 - 16:22

Turkmenistan has started to sell gas to China through the world’s longest natural gas pipeline as it continues to develop an international export market for its vast energy reserves.

North Korea Downpours Hit Mining, Power Supplies

North Korea Downpours Hit Mining, Power Supplies

Τετ, 20 Ιουλίου 2011 - 17:28

Heavy rain which pounded North Korea last week seriously damaged coal mines, power production and railway lines, the state news agency said Wednesday, in its second such report in three days.

Japan Government Extends Power Saving To West Of Country

Japan Government Extends Power Saving To West Of Country

Τετ, 20 Ιουλίου 2011 - 17:27

The Japanese government has for the first time called on households and businesses in western Japan to cut back on electricity usage, as fears grow over the adverse impact on the economy of the nation's spreading power crunch.

China June Diesel Imports At 340,000 Tons -CCS

China June Diesel Imports At 340,000 Tons -CCS

Τετ, 20 Ιουλίου 2011 - 17:26

China imported 340,000 metric tons of diesel in June and exported 200,000 tons of the fuel, according to data published Wednesday by the Hong Kong-based China Customs Statistics Information Centre.

Lukoil Takes 70% Stake In Sierra Leone Offshore Block

Lukoil Takes 70% Stake In Sierra Leone Offshore Block

Τετ, 20 Ιουλίου 2011 - 17:26

Russian oil major OAO Lukoil Holdings (LKOH.RS) has acquired a 70% stake in the SL-5-11 block off the coast of Sierra Leone in West Africa from Oranto Petroleum Ltd., the company said Wednesday.

TPAO Plans More Black Sea Wells

TPAO Plans More Black Sea Wells

Τετ, 20 Ιουλίου 2011 - 16:47

Turkey's state-owned exploration company TPAO plans to drill four to five extra-deep exploration wells over the next one and a half years in the Black Sea, costing a total of about $1 billion.

Total Gets Russian Arctic Gas Go-Ahead

Total Gets Russian Arctic Gas Go-Ahead

Τετ, 20 Ιουλίου 2011 - 16:46

French supermajor Total has been given the all-clear to press ahead with a share of a huge Arctic LNG project in Russia, a report claims.

Biofuels Can Represent an Environmentally-Friendly Replacement of Fossil Fuels

Biofuels Can Represent an Environmentally-Friendly Replacement of Fossil Fuels

Τετ, 20 Ιουλίου 2011 - 13:39

Biofuels can represent an environmentally-friendly replacement of fossil fuels. However, we need to make sure that tropical forests and carbon rich peatlands are not turned into oil palm or sugarcane plantations. We also have to guarantee that compared to fossil fuels biofuels used in the EU deliver tangible greenhouse gas savings. To this end, the sustainability of biofuels needs to be checked by Member States or through voluntary schemes which have been approved by the European Commission.

Bulgaria Plans to Call Further Tenders for Exploration of Shale Gas

Bulgaria Plans to Call Further Tenders for Exploration of Shale Gas

Τετ, 20 Ιουλίου 2011 - 13:38

Bulgaria plans to call further tenders for exploration of shale gas in the country, Economy Minister Traicho Traikov said on July 19 on the sidelines of a forum on alternative gas extraction. "There wil be tenders for exploration of new fields in northern Bulgaria," Traikov said

Azerbaijan Questions Turkey’s Nabucco Moves

Azerbaijan Questions Turkey’s Nabucco Moves

Τετ, 20 Ιουλίου 2011 - 13:37

Azerbaijan has questioned Turkey’s attitude on the Nabucco pipeline project after Baku failed to receive a copy of the signed contract from Ankara, according to a top official from the Caspian nation.