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South Korea Still Interested In Turkey Nuclear Power Contract

Πεμ, 5 Μαΐου 2011 - 17:21

South Korea still hasn't given up hopes of winning a contract to build four nuclear reactors in Turkey, despite Ankara having turned instead to Japan as a possible supplier.

Iraq Denies UK Times Report To Halve Oil Output Target

Πεμ, 5 Μαΐου 2011 - 17:21

Iraq denied a report Thursday by The Times of London that Iraq was preparing to halve its official crude production targets to between 6.5 million and 7 million barrels a day from the previously announced 12 million barrels a day in 2017.

French People Support Shale Oil If It Helps Lower Fuel Price

Πεμ, 5 Μαΐου 2011 - 17:21

A majority of the French people are in favor of developing shale hydrocarbons if it helps lower fuel prices, according to a poll released Thursday.

Putin Blames Higher Gasoline Prices On Collusion

Πεμ, 5 Μαΐου 2011 - 17:20

Russian Prime Minister Vladimir Putin said "collusion" is the most likely cause of an increase in Russian gasoline prices, Interfax reports Thursday.

Yemen To Export 2M Bbl Of Masila Crude Mid-May

Πεμ, 5 Μαΐου 2011 - 17:20

Yemen is expected to meet its obligation for the export of around two million barrels of Masila Blend in mid-May, a trade source familiar with the matter told Dow Jones Newswires Thursday.

Vattenfall CEO Says 2011 Important Year For Divestments

Πεμ, 5 Μαΐου 2011 - 17:19

Swedish utility Vattenfall AB (VTF.YY), Europe's fifth-biggest electricity generator, Thursday said it will increase the speed on asset sales and hopes to close a large number of transactions this year.

India to Add 17 GW Renewable Energy in 2012-17

Πεμ, 5 Μαΐου 2011 - 15:24

India plans to add 17,000 megawatts, or 17 gigawatts, of renewable-based power generation capacity between 2012-17, requiring an investment of up to 1.5 trillion rupees ($33.8 billion), as the country attempts to bridge its energy deficit and move to cleaner energy sources, the renewable energy secretary P. Uma Shankar said Thursday.

New Law Shatters Bulgaria's Renewable Energy Sector

Πεμ, 5 Μαΐου 2011 - 15:23

Bulgaria's newly adopted Renewable Energy Act contradicts the Constitution and EU law, and will shatter the country's energy future, according to the Bulgarian Wind Energy Association.

Turkey Produced 17 Mbpd of Oil in 2010

Πεμ, 5 Μαΐου 2011 - 15:23

Natural gas and oil exploration activities conducted in 102 wells in Turkey yielded positive results last year.Of the total 205 wells opened in different regions of the country in 2010, crude oil was found at 57 exploration wells, natural gas was discovered at 44 locations, while both oil and natural gas were found at 1 well, a report released by the Directorate General for Petroleum Affairs said on Wednesday.

130-200 GW of Globally Installed PV Systems by 2015 Projected -EPIA

Πεμ, 5 Μαΐου 2011 - 15:22

Photovoltaic power well on the way to contributing an important share of the future energy mix; the European Photovoltaic Industry Association (EPIA) presents its Global Market Outlook until 2015. Over the past decade, the photovoltaic (PV) market has experienced unrivalled growth among all energy generating technologies.

Achieving Carbon-Free Electricity Throughout Europe Will Require a Broad Mix of Energy Sources

Τετ, 4 Μαΐου 2011 - 17:03

Achieving a carbon-free electricity sector throughout Europe will require a broad mix of energy sources, the International Energy Agency’s (IEA) Executive Director explained at a meeting of European Union Energy Ministers in Hungary.

Act Now on Peak Oil or Curtail Mobility, says Commission

Τετ, 4 Μαΐου 2011 - 17:02

The European Commission's director-general for transport and mobility policy has warned at a conference on peak oil that it would be a "fatal mistake" for the EU to postpone measures to reduce oil dependency.

French President Supports Shale Gas Ban Draft Bill

Τετ, 4 Μαΐου 2011 - 16:59

French President Nicolas Sarkozy supports the draft bill to ban shale oil and gas extraction and to cancel the exploration permits already granted, daily Le Figaro reports Wednesday, citing comments made by Sarkozy to members of the UMP ruling party Tuesday.