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With Nuclear Questions, Oil Could See Lasting Rise

With Nuclear Questions, Oil Could See Lasting Rise

Oil prices fall below $100/bbl on reduced demand from Japan, but the global economy could face permanent increases in energy prices with nuclear power in now in question, Strategas says.

Italys Nuclear Referendum Has Deja Vu Feeling

Italy's Nuclear Referendum Has Deja Vu Feeling

This year's referendum on nuclear renaissance in Italy will have an overly familiar feeling amid fears of a possible radiation release in Japan.

Turkish Petroleum Corporation to Explore for Gas in Qatar

Turkish Petroleum Corporation to Explore for Gas in Qatar

Today's Zaman reports that Turkey's state-owned Turkish Petroleum Corporation (TPAO) and Qatari Gas have signed a memorandum of understanding for the exploration and production of natural gas in Qatar.

Quake-Hit Japan Seeks Peoples Support For Power Cuts

Quake-Hit Japan Seeks People's Support For Power Cuts

The Japanese government asked citizens to support planned power cuts starting early Monday after the earthquake and tsunami that crippled nuclear power plants in the northeast.

BP Expands Biofuels Business In Brazil

BP Expands Biofuels Business In Brazil

BP PLC took another step toward its goal of becoming a leading ethanol producer Friday, snapping up an 83% stake in Brazilian ethanol and sugar producer Companhia Nacional de Acucar e Alcool, or CNAA, for $680 million.

Japan Oil Refiners Fall Sharply As Quake Sparks Fires

Japan Oil Refiners Fall Sharply As Quake Sparks Fires

JX Holdings (5020.TO) is off 16% at Y496 and Cosmo Oil (5007.TO) is down 26% at Y209 after fires broke out at JX Holding's refinery in quake-hit Sendai in Japan's northeast and at Cosmo Oil's Chiba refinery north of Tokyo.