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Project Helios Announced With A Goal of Attracting Foreign Investments

Τετ, 7 Σεπτεμβρίου 2011 - 15:10

Greece’s Energy Minister George Papaconstantinou unveiled a new strategy to encourage investment to make the country a renewables hub and attract German capital into the debt-ridden economy.

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

Τετ, 7 Σεπτεμβρίου 2011 - 13:49

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

Τετ, 7 Σεπτεμβρίου 2011 - 13:49

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

Τρι, 6 Σεπτεμβρίου 2011 - 18:29

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

Τρι, 6 Σεπτεμβρίου 2011 - 18:29

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.

Russia Starts Pumping Technical Gas Through Nord Stream

Τρι, 6 Σεπτεμβρίου 2011 - 18:28

Russia has started pumping technical gas through the first line of the Nord Stream pipeline, Russia's natural gas monopoly OAO Gazprom (GAZP.RS) said Tuesday.

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

Τρι, 6 Σεπτεμβρίου 2011 - 18:28

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."

Solyndra Enters Bankruptcy, Seeks Buyer To Avoid Liquidation

Τρι, 6 Σεπτεμβρίου 2011 - 18:27

Solyndra LLC filed for Chapter 11 protection Tuesday, marking a big loss for venture capitalists who helped raise $1 billion to put the solar-panel manufacturing company into business.

OPEC Set To Recognize Libya's NTC After UN Vote

Τρι, 6 Σεπτεμβρίου 2011 - 18:27

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

Τρι, 6 Σεπτεμβρίου 2011 - 16:02

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.

Japan Nuclear Power Plants to Close

Τρι, 6 Σεπτεμβρίου 2011 - 14:26

Japan's trade minister has said all of the country's nuclear reactors will be shut down, following the recent nuclear crisis at Fukushima.

RWE Mulling Sale Of Stake In Uranium Enrichment Co

Δευ, 5 Σεπτεμβρίου 2011 - 15:36

German utility RWE AG (RWE.XE) is considering selling its stake in uranium enrichment company Urenco, which it owns jointly with E.ON AG (EOAN.XE) as well as the U.K. and Dutch governments, the Daily Telegraph reported at the weekend.

Russian Woes Are Credit Negative For BP -Moody's

Δευ, 5 Σεπτεμβρίου 2011 - 15:35

BP PLC's (BP) new Russian woes, including the loss of a major Arctic oil deal and a raid by Russian authorities on its premises last week, are "credit negative" for the company, said ratings agency Moody's Monday.