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EU To Negotiate Treaty Between the EU, Azerbaijan and Turkmenistan to Build a Trans Caspian Pipeline System

EU To Negotiate Treaty Between the EU, Azerbaijan and Turkmenistan to Build a Trans Caspian Pipeline System

Τρι, 13 Σεπτεμβρίου 2011 - 13:42

Yesterday the European Union has adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System. This is the first time that the European Union has proposed a treaty in support of an infrastructure project. The treaty will be concluded by the EU after decision by all 27 Member States that the European Commission should lead the negotiations on behalf of them all.

Gadhafi Forces Attack Oil Facility Near Ras Lanuf

Gadhafi Forces Attack Oil Facility Near Ras Lanuf

Δευ, 12 Σεπτεμβρίου 2011 - 18:20

Loyalists of Moammar Gadhafi attacked an oil refinery near Ras Lanuf on Libya's central coast Monday, killing 12 fighters who were guarding it but failed to enter the refinery, a spokesman for the country's new rulers said.

E.ON, RWE Shares Fall After France Nuclear Blast

E.ON, RWE Shares Fall After France Nuclear Blast

Δευ, 12 Σεπτεμβρίου 2011 - 18:19

E.ON (EOAN.XE) and RWE (RWE.XE) shares fall after a blast at a nuclear plant in Marcoule, in southern France, which raises fears of a Fukushima-like incident, according to traders. E.ON shares are down 5.0% at EUR12.71 and RWE is down 4.7% at EUR21.61.

China Recognizes NTC As Libyan Government

China Recognizes NTC As Libyan Government

Δευ, 12 Σεπτεμβρίου 2011 - 18:19

China on Monday formally recognized the National Transitional Council (NTC) as Libya's government after the downfall of Moammar Gadhafi, the state-run Xinhua news agency reported.

Russia, Belarus To Sign New Gas Contract In December

Russia, Belarus To Sign New Gas Contract In December

Δευ, 12 Σεπτεμβρίου 2011 - 18:18

Russian state gas firm OAO Gazprom (GAZP.RS) said Monday it expects to sign a contract with neighboring Belarus on gas supplies and gas transit in December, before the existing contract expires--a move that could limit the risk of another halt in Russian gas supplies to Europe.

Tony Hayward Likely To Resign TNK-BP Role Soon

Tony Hayward Likely To Resign TNK-BP Role Soon

Δευ, 12 Σεπτεμβρίου 2011 - 18:18

Chief Executive Tony Hayward, who became a lightning rod for criticism over the company's U.S. oil-spill disaster last year, is preparing to sever his last tie with the U.K. energy giant.

Explosion At French Nuclear Facility Kills 1,Hurts 4

Explosion At French Nuclear Facility Kills 1,Hurts 4

Δευ, 12 Σεπτεμβρίου 2011 - 18:17

One person was killed and four injured Monday following an explosion at a nuclear waste treatment facility owned by power giant Electricite de France SA in Southern France.

Saudi Crude Output at Record High

Saudi Crude Output at Record High

Δευ, 12 Σεπτεμβρίου 2011 - 17:38

Saudi crude output at 30 year highs pushed up Opec production in August to levels seen before the Libyan civil war shut in supply, at just over 30mn b/d. Saudi Arabia produced 9.8mn b/d, 1.2mn b/d more than its output in January before Libyan production was disrupted.

Nairobi Pipeline Blaze Kills 100

Nairobi Pipeline Blaze Kills 100

Δευ, 12 Σεπτεμβρίου 2011 - 17:37

More than 100 people have died after a petrol pipeline explosion and fire in Kenya's capital, Nairobi, police say. The blast took place in the city's Lunga Lunga industrial area, and police and troops cordoned off the area as firefighters battled fierce flames in the surrounding shanty town.

Serbia Will Supply Bosnian Market with Gas

Serbia Will Supply Bosnian Market with Gas

Δευ, 12 Σεπτεμβρίου 2011 - 16:24

Director of Serbian Gas company "Srbijagas" Dusan Bajatovic said that the upcoming heating season will be provided sufficient quantities of gas to market in Bosnia.

Bulgargas Proposed for a 14 per cent Increase in Natural Gas Prices

Bulgargas Proposed for a 14 per cent Increase in Natural Gas Prices

Δευ, 12 Σεπτεμβρίου 2011 - 16:22

Bulgaria's state-run gas monopoly Bulgargas said on September 9 2011 that it had submitted to the State Energy and Water Regulatory Commission (SEWRC) a proposal for a 14 per cent increase in natural gas prices from October 1 2011 reports Sofia Echo.

Russian High-Ranking Officials to Visit Bushehr Start-up Ceremony

Russian High-Ranking Officials to Visit Bushehr Start-up Ceremony

Δευ, 12 Σεπτεμβρίου 2011 - 16:22

The Bushehr nuclear power plant will be officially inaugurated in Iran’s southern province on Monday. Taking part in the ceremony will by Russian Energy Minister Sergei Shmatko, the head of the Russian state-run nuclear power corporation Rosatom, Sergei Kiriyenko, Iran’s Foreign Minister Ali Akbar Salehi, the president of the Atomic Energy Organization of Iran Fereydoon Abbasi-Davani and Iran’s Energy Minister Majid Namjoo.

Toshibas Exposure To Nuclear Wind Chill Grows

Toshiba's Exposure To Nuclear Wind Chill Grows

Παρ, 9 Σεπτεμβρίου 2011 - 17:43

Just as the nuclear industry faces growing uncertainty brought on by the crisis in Japan, Toshiba Corp. (6502.TO) is having to spend more than $1.6 billion to raise its stake in U.S. nuclear energy firm Westinghouse to 87% from the current 67%.

Senior Libyan General Flees to Niger - BBC

Senior Libyan General Flees to Niger - BBC

Παρ, 9 Σεπτεμβρίου 2011 - 17:42

One of Moammar Gadhafi's senior generals has fled to Niger, the BBC reports Friday on its website, citing unnamed local sources.

Hungary Signs Agreement On Slovak Gas Interconnector

Hungary Signs Agreement On Slovak Gas Interconnector

Παρ, 9 Σεπτεμβρίου 2011 - 17:41

Slovak gas transmission system operator Eustream and Hungary's OVIT Zrt., a unit of state-owned power group MVM Zrt., have signed an agreement to pursue the Hungarian-Slovak gas pipeline interconnector project, the companies said in a statement Friday.