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2010 EU CO2 Market Emissions Up 3.4% In Early Data

2010 EU CO2 Market Emissions Up 3.4% In Early Data

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

Noble Energy Provides Update of Leviathan Deep

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

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

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.

Vestas Receives 150 MW Order In Brazil

Vestas Receives 150 MW Order In Brazil

Danish wind turbine company Vestas Wind Systems A/S (VWS.KO) Thursday said it has received a firm and unconditional order for 150 MW for several projects in Brazil.

Shell To Start Drilling At Iraq Majnoon Oil Field In July

Shell To Start Drilling At Iraq Majnoon Oil Field In July

Royal Dutch Shell PLC (RDSA) along with its partners, Malaysia's Petronas and the Iraqi state Missan Oil Co., will start drilling the first new well in the super-giant Majnoon oil field in July, a company executive said Thursday.

Wind Power In Spain Reaches Historic High

Wind Power In Spain Reaches Historic High

Wind power became Spain's main source of electricity for the first time ever this month, in a country renowned for its focus on renewable energy, the power-generating authority REE said Thursday

Bulgaria Extends Deadline for Bourgas–Alexandroupolis Environmental Impact Study

Bulgaria Extends Deadline for Bourgas–Alexandroupolis Environmental Impact Study

Bulgaria's environment ministry will extend by another two months the deadline by which the investor of the Bourgas-Alexandroupolis oil pipeline, Trans Balkan Pipeline, should complete its report on the environmental impact assessment of the project, minister Nona Karadzhova said on Wednesday.

China to Raise Renewable Power Tariffs Within 2 Years

China to Raise Renewable Power Tariffs Within 2 Years

China plans to raise the price of power generated from renewable sources over the next two years in order to stimulate clean energy investment, China's electricity regulator said on Thursday.

Iran Influence in Azerbaijan May Unsettle BP’s Oil Investments

Iran Influence in Azerbaijan May Unsettle BP’s Oil Investments

Hajiaga Nuri, an elder in an impoverished village north of Azerbaijan’s capital of Baku, is part of the region’s first Islamic push against a pro-Western leader after similar regimes were ousted in the Middle East.

Poland, Czech Republic Eye Power Market Integration

Poland, Czech Republic Eye Power Market Integration

Poland's largest energy bourse – PolPX – and Czech market operator OTE are in talks about joining their power markets, possibly later in 2011, the chief of the Polish bourse Grzegorz Onichimowski said on Tuesday (29 March).

Obama To Speak On Energy Policy

Obama To Speak On Energy Policy

President Barack Obama, under pressure to respond to rising gas prices, will outline Wednesday a series of initiatives to cut the nation's reliance on foreign oil, including new initiatives to expand oil production, increase the use of natural gas to power vehicles and increase production of ethanol.

China, France To Boost New Energy, Nuclear Safety Cooperation

China, France To Boost New Energy, Nuclear Safety Cooperation

Chinese President Hu Jintao and French President Nicolas Sarkozy agreed to boost cooperation in areas including new energy, "new materials" and especially nuclear safety during a meeting between the two leaders, Chinese state television reported Wednesday.