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Brazil May Auction 13 Hydropower Licenses By Year End

Τρι, 5 Απριλίου 2011 - 17:43

Brazil plans to auction licenses to build 13 hydroelectric dams by the end of this year, Folha de S Paulo reported Tuesday.

NATO: 30% Of Libyan Military Destroyed, Misrata A Priority

Τρι, 5 Απριλίου 2011 - 17:43

NATO said Tuesday that allied air strikes have destroyed nearly a third of Libya's military capacity, and the alliance has made the defence of the besieged city of Misrata a priority.

E.ON To Invest EUR2.6 Billion In Renewables Through 2013

Τρι, 5 Απριλίου 2011 - 17:43

German utility E.ON AG (EOAN.XE) Tuesday said it will invest EUR2.6 billion in renewables through 2013, as it marked the installation of a wind farm in Illinois.

Crude Steady At Highs As Libya Fighting Rages

Δευ, 4 Απριλίου 2011 - 19:28

Oil futures were stable at 2 1/2-year highs Monday, as recent battles in Libya point to an extended conflict while U.S. economic data suggests rising oil demand. Light, sweet crude for May delivery was down 5 cents at $107.89 a barrel on the New York Mercantile Exchange. Prices earlier surpassed $108 a barrel, trading at their highest since September 2008. Brent crude on the ICE futures exchange was up 83 cents, or 0.7%, to $119.53 a barrel

Syria Invites Bids For 3 Offshore Oil Blocks

Δευ, 4 Απριλίου 2011 - 19:26

Syria has invited international companies to submit bids to explore three of its offshore oil blocks, despite unrest that has swept cities and towns over the last few weeks and threatened the government of President Bashar al-Assad. The Oil Ministry said that companies should submit their bids by Oct. 5. It said bidders can submit their offers for one or more of the three offshore blocks, located about five kilometers from the Syrian coast in the Mediterranean Sea

Oil Tanker Due Tuesday In Libya's Rebel Area

Δευ, 4 Απριλίου 2011 - 19:24

An oil tanker is due Tuesday in Libya's rebel-held east, shipping data provider Lloyds List said Monday, which--if completed--would be the first crude export since the opposition struck a deal with Qatar. But a person familiar with the shipping arrangements said it was still unclear if the ship could reach the port of Tobruk, where the oil is supposed to be loaded

Putin Told To Remove State Officials From Boards By July 1

Δευ, 4 Απριλίου 2011 - 19:18

Russian President Dmitry Medvedev has ordered Prime Minister Vladimir Putin to initiate the removal of senior government officials from state companies' boards by July 1, the Kremlin said on its website Saturday. Among the officials set to leave their board seats is Deputy Prime Minister Igor Sechin, who chairs Russia's top oil producer OAO Rosneft. Sechin is a long-time aide to Putin and is viewed as one of Russia's most powerful men and most prominent hardliners

Statoil Barents Oil Find Excellent News - Arctic

Παρ, 1 Απριλίου 2011 - 18:02

Statoil (STL.OS) says it has made a major oil discovery in the Barents Sea at the Skrugard prospect, and this is "truly excellent news," says Trond Omdal at Arctic Securities

2010 EU CO2 Market Emissions Up 3.4% In Early Data

Παρ, 1 Απριλίου 2011 - 18:02

Carbon emissions within the European Union's Emissions Trading System rose 3.4% in 2010 compared with a year earlier due to stronger economic activity, according to an average of three analysts' calculations of preliminary and incomplete data released by the European Commission Friday.

Noble Energy Provides Update of Leviathan Deep

Παρ, 1 Απριλίου 2011 - 18:02

Noble Energy, Inc. (NYSE: NBL) announced today that it has suspended drilling operations at the Leviathan #1 location, which was testing deeper potential in the well, offshore Israel. The Company identified wear on the wellbore casing, requiring additional material and equipment necessary to complete the drilling of the well. Noble Energy is working to secure the needed items, which are not available in Israel.

German 2010 CO2 Emissions +6% On Year; Smaller Rise Than 2008

Παρ, 1 Απριλίου 2011 - 18:01

Germany's carbon emissions within the European Union's Emissions Trading Scheme rose in 2010 by about 6% on the year, to around 454 million metric tons, due to higher industrial production in a recovering economy, the federal environment agency said Friday.