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Russia May Double Crude Oil Supplies To Japan

Russia May Double Crude Oil Supplies To Japan

Russia may consider doubling crude oil supplies to Japan this year compared with last year's roughly 9 million tons as part of disaster relief assistance, Deputy Prime Minister Igor Sechin said Tuesday, Kyodo News reported.

IAEA Head: Improvement At Fukushima 1; Calls For Response Evaluation

IAEA Head: Improvement At Fukushima 1; Calls For Response Evaluation

There are clear improvements in the situation at the Japanese earthquake-hit Fukushima Daiichi nuclear power plant, the head of the United Nations nuclear watchdog said Monday, and the agency now feels assured the crisis will be solved.

Barclays Says Libya Oil Supply Out For A While

Barclays Says Libya Oil Supply Out For A While

Oil futures rise after airstrikes hit Libya, and Barclays sees recent events keeping oil production in the country shuttered. "The airstrikes can clearly result in a significant deterioration of the already unstable situation," firm says. "Libya will be out of the oil market for a protracted period of time."

Oil Industry Releasing 25 Days Of Reserves After Quake -Nikkei

Oil Industry Releasing 25 Days Of Reserves After Quake -Nikkei

The Japanese government said Monday that more of the private-sector's petroleum reserves would be used to ease supply shortages stemming from the March 11 earthquake, releasing 25 days' worth of fuel into the market, the Nikkei reported in its Tuesday morning edition.

Vestas Wind Systems To Contest US Class Action Lawsuit

Vestas Wind Systems To Contest US Class Action Lawsuit

Denmark's Vestas Wind Systems A/S (VWS.KO) said Monday it will contest a class action lawsuit brought by a U.S. pension fund alleging the company gave misleading information about its earnings in 2010, causing investors to lose money.

Calls to shut down Europes Fukushima

Calls to shut down Europes Fukushima

A 40-year old Spanish nuclear power plant built to the same design model as Fukushima's disaster-struck reactor number one has become engulfed by calls for it to be shut down, while Brussels is questioning the safety of EU installations and has pushed for stress tests of nuclear power plants.

Electricity Cables Reconnected at Japans Fukushima

Electricity Cables Reconnected at Japan's Fukushima

Japanese engineers have connected four of the reactors at the crippled Fukushima nuclear power plant to electricity cables, but will restore the electricity supply only after a detailed inspection of equipment, the Kyodo news agency reported on Monday.

The Prospects of the European Geothermal Sector Were Outlined by the GEOFAR Conference in Athens

The Prospects of the European Geothermal Sector Were Outlined by the GEOFAR Conference in Athens

The GEOFAR consortium with the support of Intelligent Energy Europe (IEE) organized a two day conference in Athens, Greece on March 17-18, 2011 in order to discuss the latest developments in the geothermal energy sector and to present some innovative ideas that the GEOFAR project has put forward for the development of geothermal energy and its various applications in Europe.

Qatar To Contribute to Libya No-Fly Zone

Qatar To Contribute to Libya No-Fly Zone

Qatar, the wealthy Gulf nation that is home to the Al Jazeera Arab news network which has been seen as an early champion of international intervention to stop bloodshed in Libya, has become the first Arab nation to officially announce its participation in the United Nations-backed no-fly zone.

Wintershall Set To Join South Stream Project - Source

Wintershall Set To Join South Stream Project - Source

German oil and gas company Wintershall AG is set to join Russia's South Stream natural gas pipeline, a person familiar with the matter said Friday - a move that the partners hope will increase the pipeline's chances of gaining European Union backing.

Rio Tinto: More Coking Coal Needed To Meet Demand

Rio Tinto: More Coking Coal Needed To Meet Demand

Anglo-Australian miner Rio Tinto PLC (RIO) said Friday more investment needs to be made in new coking coal projects to satisfy robust demand for the steelmaking raw ingredient.

Libya Rebels Say Gadhafi Ceasefire Is A Bluff

Libya Rebels Say Gadhafi Ceasefire Is A Bluff

The commander of rebels fighting to overthrow Moammar Gadhafi said Friday that the Libyan strongman is "bluffing," reacting to news that the government had announcement an immediate ceasefire.

UN Atomic Watchdog Convenes Special Meeting On Japan

UN Atomic Watchdog Convenes Special Meeting On Japan

The United Nations atomic watchdog said Friday it would hold a special meeting of its 35-member board of governors Monday, where its chief Yukiya Amano would brief member states on his trip to quake-hit Japan.

NATO Speeds Up Libya Military Planning - Official

NATO Speeds Up Libya Military Planning - Official

The North Atlantic Treaty Organization allies Friday agreed to speed up planning for possible military action in Libya, but the alliance has yet to decide whether to intervene in the conflict, a NATO official said.