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Libya Crisis Hits Uganda Plans To Upgrade Fuel Reserves

Libya Crisis Hits Uganda Plans To Upgrade Fuel Reserves

Δευ, 11 Απριλίου 2011 - 16:11

Uganda's plans to upgrade its fuel reserves, and thus alleviate some of the pressure on local prices, have stalled due to the implementation of international sanctions against Libya, Uganda's minister of information said Monday.

Iraq Cuts May Basra Light Crude Prices To All Buyers

Iraq Cuts May Basra Light Crude Prices To All Buyers

Δευ, 11 Απριλίου 2011 - 16:10

Iraq has cut the official selling prices of its Basra Light crude oil for May to all customers, and raised the price of Kirkuk crude to buyers in the U.S. and cut it for customers in Europe, the State Oil Marketing Organization said Monday.

Bulgarians Irked at Turkeys Nuclear Power Plan

Bulgarians Irked at Turkey's Nuclear Power Plan

Δευ, 11 Απριλίου 2011 - 13:44

Turkey is planning to build a nuclear power station at İğneada, a small town close to the Bulgarian border on the Black Sea coast. No official Bulgarian reaction has yet been recorded, but Internet forums were overwhelmed with alarmed messages regarding the possible consequences of the decision.

Gazprom Returns to Gas Supply Talks with China this Week

Gazprom Returns to Gas Supply Talks with China this Week

Δευ, 11 Απριλίου 2011 - 13:43

Russia's state-run gas export monopoly Gazprom will start commercial negotiations with China on gas supplies on Monday, Pavel Oderov, head of Gazprom's international business department said.

Iraqi Army Attacks Iranian Opposition Base In Iraq

Iraqi Army Attacks Iranian Opposition Base In Iraq

Παρ, 8 Απριλίου 2011 - 17:21

Iraq's armed forces moved against a camp holding thousands of members of an Iranian resistance movement that's based in Iraq Friday, killing dozens and wounding hundreds, according to a spokesman for the movement.

BP, Rosneft Deal Injunction Upheld By Arbitrators

BP, Rosneft Deal Injunction Upheld By Arbitrators

Παρ, 8 Απριλίου 2011 - 17:20

An arbitral tribunal has ruled that an injunction prohibiting a share swap between BP PLC (BP) and Russia's Rosneft (ROSN.RS) will remain in place until further notice, but allowed the U.K. oil major to discuss the extension of an April 14 deadline with the Russian company, BP said Friday.

Areva, GE Hitachi, Westinghouse Maintain India Nuclear Plans

Areva, GE Hitachi, Westinghouse Maintain India Nuclear Plans

Παρ, 8 Απριλίου 2011 - 17:20

Global nuclear energy majors Areva SA (ARVCY), GE Hitachi Nuclear Energy and Westinghouse Electric Co. are continuing talks with Nuclear Power Corp. of India Ltd. to supply nuclear reactors, indicating the South Asian country plans to follow through with its projects in the aftermath of Japan's nuclear crisis.

Brazils Government Wants Petrobras To Regulate Ethanol Market

Brazil's Government Wants Petrobras To Regulate Ethanol Market

Παρ, 8 Απριλίου 2011 - 17:20

Mines and Energy Minister Edison Lobao said Friday the Brazilian government wants state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, to act as the regulator of the domestic ethanol market in order to reduce pressure on prices.

EDF Launches Tender Offer For EDF Energies Nouvelles

EDF Launches Tender Offer For EDF Energies Nouvelles

Παρ, 8 Απριλίου 2011 - 17:19

French state-controlled power giant Electricite de France SA (EDF.FR) Friday said it will launch a tender offer for the shares it doesn't own in renewable energy-focused unit EDF Energies Nouvelles SA (EEN.FR), representing 50% of the company's capital, at EUR40 a share in cash or alternatively exchanging 13 EDF shares for 11 EDF Energies Nouvelles shares.

Bulgaria Interested in Carrying Out Major Energy Projects

Bulgaria Interested in Carrying Out Major Energy Projects

Παρ, 8 Απριλίου 2011 - 13:08

Bulgaria is interested in carrying out major energy projects as long as they are financially viable and meeting all security requirements, said late on Wednesday in Moscow Energy Minister Traicho Traikov at a meeting of the Bulgarian-Russian intergovernmental commission for economic, scientific and technical cooperation.

GE Bets $600 Million on Solar, Sees Plant Up by 2013

GE Bets $600 Million on Solar, Sees Plant Up by 2013

Παρ, 8 Απριλίου 2011 - 13:07

General Electric Co made a big push in solar power, saying it will invest $600 million to build a new factory as it pursues what it thinks could be an up to $3 billion business by 2015.

NATO Denies Bombing Libyas Biggest Oil Field

NATO Denies Bombing Libya's Biggest Oil Field

Πεμ, 7 Απριλίου 2011 - 17:55

The North Atlantic Treaty Organization Thursday denied bombing Libya's biggest oil field after accusations from Moammar Gadhafi's regime, saying fires at the Al-Sarir field were more likely to be linked to skirmishes in the region.