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Iran To Give IAEA Full Supervision If Sanctions Lifted

Iran To Give IAEA Full Supervision If Sanctions Lifted

Iran is ready to give the International Atomic Energy Agency "full supervision" of its nuclear program for five years if U.N. sanctions are lifted, its nuclear chief said in remarks published Monday.

Halliburton Accuses BP of Cover-up After Macondo

Halliburton Accuses BP of Cover-up After Macondo

Oil field services company Halliburton has accused BP of concealing crucial information about the cause of last year's disastrous Macondo well blowout “in hopes of covering up its own culpability.”

Libya Oilfield Restarts Next Week

Libya Oilfield Restarts Next Week

Libya's National Transitional Council expects to restart oil production at the Misla and Sarir oilfields early next week, the country’s new oil minister Ali Tarhouni has announced.

New International Committee of Qatar National Research Fund

New International Committee of Qatar National Research Fund

The Management of QNRF nominates Dr. Theodore Theodoropoulos, Greek national, as a Member of the HIC. Dr. Theodore is the Author ‘’The Secret World of Energy’’ and PF Executive in Qatar Petroleum (The State Oil & Gas Company). Qatar Foundation has recognized his contribution to energy education and knowledge for Qatar and GCC. Notice that Dr. Theodore’s book was the first ISBN code in Qatar.

Glencore Interested in the Privatization of Greeces Larko

Glencore Interested in the Privatization of Greece's Larko

Glencore, the multinational mining and commodities trading company, has expressed interest in the privatization of Larko, an old ailing mining concern, and EYDAP, the Athens water supply company, according to sources reports Kathimerini.

Albania: CEZ Asks for 4.5% Increase of Electricity Price

Albania: CEZ Asks for 4.5% Increase of Electricity Price

CEZ Distribution has filed a request with Albania’s Energy Regulatory Entity (ERE) for an increase by 4.5 percent of the price of electricity in Albania, local media reports. If the request is approved, households in Albania will pay on average 200 Leks more for their electricity bill.

Serbian Oil Company NIS Plans to Expand in Romania, Bulgaria, Hungary and Bosnia

Serbian Oil Company NIS Plans to Expand in Romania, Bulgaria, Hungary and Bosnia

Serbian oil company NIS, controlled by Russian giant Gazprom, announced it plans to expand in Romania, Bulgaria, Hungary and Bosnia, where it has established local subsidiaries. The company wants to triple its oil production and double sales by 2020 in order to become market leader in the region.

Greek Minister, G. Papaconstantinou, Speaks at the 26th EU PVSEC in Hamburg, Germany, About the HELIOS Solar Project

Greek Minister, G. Papaconstantinou, Speaks at the 26th EU PVSEC in Hamburg, Germany, About the HELIOS Solar Project

The 26th European Photovoltaic Solar Energy Conference and Exhibition (26th EU PVSEC), starting on Monday, 5 September 2011, announces that the Minister of Environment, Energy and Climate Change of the Hellenic Republic, George Papaconstantinou, speaks at the EU PVSEC Opening on Monday, 5 September 2011, at 10:30 in the CCH Congress Center in Hamburg, Germany.

Iran Plugs First Nuclear Power Plant Into Grid

Iran Plugs First Nuclear Power Plant Into Grid

Iran's first nuclear power plant has finally begun to provide electricity to the national grid, official media reported on Sunday, a long-delayed milestone in the nuclear ambitions of a country the West fears is covertly try to develop atomic bombs.

London Mayor Launches GBP100M Green Energy Fund

London Mayor Launches GBP100M Green Energy Fund

London Mayor Boris Johnson Friday launched a new energy efficiency fund that will provide GBP100 million to help local authorities, schools and hospitals in the city reduce their carbon emissions.

GDF Suez CEO: Gas Tariff Talks Looking At New Formula

GDF Suez CEO: Gas Tariff Talks Looking At New Formula

Gerard Mestrallet, the chief executive of GDF Suez SA (GSZ.FR) said Friday the French power company is currently discussing changing the formula for setting natural gas tariffs for consumers and companies.

Halliburton Files Macondo-Related Lawsuit Against BP

Halliburton Files Macondo-Related Lawsuit Against BP

On September 1, 2011, Halliburton (NYSE: HAL) filed claims against BP in Texas state court for negligent misrepresentation, business disparagement and defamation related to the April 20, 2010, Macondo incident. Halliburton has also moved to amend its claims against BP in the multi-district litigation in New Orleans, Louisiana, to include fraud.

Crude Oil Market Shrugs Off EU Syria Sanctions - Traders

Crude Oil Market Shrugs Off EU Syria Sanctions - Traders

The European Union's decision Friday to ban oil exports from Syria is unlikely to significantly impact oil prices as Syrian supplies are small and the season for the products refined from the crude is nearly over, oil traders and analysts told Dow Jones Newswires.