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Iraqi Kurdistan Building 11 Dams, 28 More Planned

Iraqi Kurdistan Building 11 Dams, 28 More Planned

Πεμ, 24 Μαρτίου 2011 - 18:26

Authorities in Iraq's autonomous Kurdistan area are building 11 dams and plan dozens more, the region's agriculture minister said Thursday, in a move that could raise tensions over water.

Greece Names Advisers For Privatization Program

Greece Names Advisers For Privatization Program

Τετ, 23 Μαρτίου 2011 - 17:36

Greece's government Wednesday named advisers for its ambitious EUR50 billion privatization program, which it hopes will help pay down the country's giant public debt and allow the it to return to the capital markets after being effectively frozen out for almost a year.

Conoco Plans To Sell Additional $5B To $10B Of Assets

Conoco Plans To Sell Additional $5B To $10B Of Assets

Τετ, 23 Μαρτίου 2011 - 17:35

ConocoPhillips (COP) unveiled Wednesday plans to sell an additional $5 billion to $10 billion in non-core assets over the next two years as the oil producer and refiner continues efforts to improve its balance sheet.

Tokyo Radiation Level 4 Times Above Normal -Local Government

Tokyo Radiation Level 4 Times Above Normal -Local Government

Τετ, 23 Μαρτίου 2011 - 17:35

Radiation levels in central Tokyo remained about four times higher than normal Wednesday evening, while in areas close to the quake-striken Fukushima nuclear power plant they remained high but still below levels that would pose a threat to human health.

French Energy Min: Electricity Tariffs To Slightly Increase

French Energy Min: Electricity Tariffs To Slightly Increase

Τετ, 23 Μαρτίου 2011 - 17:35

French energy minister Eric Besson reiterated a previous denial Wednesday that there is any plan to substantially increase electricity tariffs over the next five years, saying they would only "slightly" increase this summer.

Italy Cabinet Has Approved 1-Year Nuclear Moratorium-Ministers

Italy Cabinet Has Approved 1-Year Nuclear Moratorium-Ministers

Τετ, 23 Μαρτίου 2011 - 17:34

The Italian cabinet Wednesday approved, as expected, a one-year moratorium for the country's nuclear comeback, and the government may decide to end the atomic program if it isn't satisfied with the European Union's stress tests on safety, ministers said.

Mytilineos Profit Surges on Aluminium, METKA

Mytilineos Profit Surges on Aluminium, METKA

Τετ, 23 Μαρτίου 2011 - 15:56

Mytilineos, operator of the Balkan region's biggest aluminium smelter, said its profit soared last year, helped by the global commodities boom and its power station construction affiliate METKA.

Turkey: South Stream Terms Unchanged

Turkey: South Stream Terms Unchanged

Τετ, 23 Μαρτίου 2011 - 14:48

Turkey has not presented Russia with new conditions on the construction of the South Stream pipeline, which aims to carry Russian natural gas to European markets, Energy Minister Taner Yildiz said today.

Rwanda Plans $935 Mln Geothermal Power Project

Rwanda Plans $935 Mln Geothermal Power Project

Τρι, 22 Μαρτίου 2011 - 18:24

The Rwandan government is planning to invest up to $935 million in a geothermal power project that is expected to generate some 310 megawatts of power for local and regional use when it is completed in seven years time, Rwanda's energy ministry said Tuesday.

Iraq To Auction 12 Exploration Blocks In November

Iraq To Auction 12 Exploration Blocks In November

Τρι, 22 Μαρτίου 2011 - 18:24

Iraq plans to auction 12 exploration blocks, believed to contain mostly gas reserves, in November as part of the country's efforts to capture natural gas for electricity generation, the country's oil minister said Tuesday.

Japan: Power Fully Restored At 2 Of 6 Fukushima Reactors

Japan: Power Fully Restored At 2 Of 6 Fukushima Reactors

Τρι, 22 Μαρτίου 2011 - 18:24

Power was fully restored Tuesday at two of the six reactors of Japan's Fukushima Daiichi nuclear power plant, showing continued progress in rehabilitating the earthquake-damaged facility.

Iraq Oil Minister: Doesnt See Oil Price Above $120/Bbl

Iraq Oil Minister: Doesn't See Oil Price Above $120/Bbl

Τρι, 22 Μαρτίου 2011 - 18:23

The oil minister of Iraq, a founding member of the Organization of Petroleum Exporting Countries, said Tuesday that current oil prices are "reasonable" and he doesn't expect world economic growth to be harmed at their current level.