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Turkey Minister In Venezuela To Discuss Infrastructure Funds-Oil Swap

Τετ, 19 Ιανουαρίου 2011 - 18:14

The energy minister of Turkey arrived in Venezuela late Tuesday to discuss the exchange of housing and infrastructure funding for oil from the South American nation.

China Could Wean Itself Off Oil Faster Than US -Report

Τετ, 19 Ιανουαρίου 2011 - 18:13

China could beat the U.S. in the race to replace crude oil with a viable competitor, but the U.S. is more likely to create a greater number of alternative fuel breakthroughs, according to a report global technology consultant Accenture released Wednesday.

Obama, Hu See Great Opportunities In Cooperation

Τετ, 19 Ιανουαρίου 2011 - 18:12

Chinese President Hu Jintao was formally welcomed to the White House Wednesday, and he and President Barack Obama called for a new effort toward cooperation.

Proposals for Nuclear, Natural Gas Energy

Τετ, 19 Ιανουαρίου 2011 - 15:59

Greece must redefine its energy mix for electricity production under the current economic conditions and turn its attention to natural gas and developments around the world in nuclear technology, according to a report by the Energy Committee of the Academy of Athens, the country’s top culture and science institution

German Minister Calls for Power Grid Expansion

Τετ, 19 Ιανουαρίου 2011 - 15:55

Germany will prioritise the expansion of an electricity power grid capable of absorbing a growing share of renewable energy, the country's Economy Minister Rainer Bruederle said at an energy conference in Berlin yesterday (18 January).

Yanukovich Asks Japan to Help Ukraine Build New Shelter Over Chernobyl

Τετ, 19 Ιανουαρίου 2011 - 15:54

Ukraine’s President Viktor Yanukovich, who is in Tokyo on his first visit as the head of state, has asked Japan to help his country in the construction of a new sarcophagus over the fourth reactor unit of the Chernobyl nuclear power plant. He voiced this request during an audience with Japanese Emperor Akihito.

China Coal Energy 2010 Output 123.3 Mln Tons, Up 22% On Year

Τρι, 18 Ιανουαρίου 2011 - 17:52

China Coal Energy Co. (1898.HK), the country's second-largest coal producer by revenue, said Tuesday that its December output totaled 9.84 million metric tons, up 24% from a year earlier, while its 2010 output rose 22% to 123.3 million tons.

Yanzhou Coal: Queensland Mine Resumes Output After Floods

Τρι, 18 Ιανουαρίου 2011 - 17:51

Chinese coal miner Yanzhou Coal Mining Co. (1171.HK) has resumed production at its Yarrabee mine in Queensland, Australia, after suspending operations for two weeks due to heavy rain, a company official said Tuesday.

Higher Oil Demand Forecast Pits IEA Against OPEC

Τρι, 18 Ιανουαρίου 2011 - 17:51

The International Energy Agency said again Tuesday that the world will need more crude from the Organization of Petroleum Exporting Countries amid faster-than-expected oil demand growth, or risk high prices that damage the economic recovery.

Coking Coal Prices To Rise As Supplies Likely To Remain Tight - Analysts

Τρι, 18 Ιανουαρίου 2011 - 17:51

Coking coal supplies are likely to remain tight for another three months and prices may rise by a third from about $300 a metric ton now after floods in Australia's Queensland state hit output of the key steelmaking raw material, industry analysts said Tuesday.

Israeli Firm Seeks Gas Deal With Cyprus - Minister

Τρι, 18 Ιανουαρίου 2011 - 17:49

Cyprus Tuesday confirmed that Israel's Delek Group (DLEKG.TV) had submitted a proposal to build a liquefied natural gas facility on the Mediterranean island and that Nicosia didn't rule out co-operation with the Jewish state.

Iran Says It Will Sue Israel For Scientist's Murder

Δευ, 17 Ιανουαρίου 2011 - 19:10

Iran said on Monday it will sue Israel for the murder last year in Tehran of senior nuclear scientist Masoud Ali Mohammadi.

OPEC Sees Demand For Its Oil Stronger Than Expected In 2011

Δευ, 17 Ιανουαρίου 2011 - 19:09

The Organization of Petroleum Exporting Countries Monday said demand for its oil in 2011 will be stronger than it had expected, a reassessment that may fuel further pressure on the producers' group to formally increase its production ceiling.

Morocco May Export Energy To Europe From 500MW Solar Power Plant

Δευ, 17 Ιανουαρίου 2011 - 19:09

Morocco will start building by the end of the year a 500 megawatt solar power plant which it may use to export energy to Europe, the North African country's minister of energy said in Abu Dhabi Monday.

Rosneft, BP To Drill First Arctic Well In 2015

Δευ, 17 Ιανουαρίου 2011 - 19:09

U.K. oil major BP PLC (BP) will solely finance the around $2 billion for the first development stages of its joint Arctic project with Russia's OAO Rosneft (ROSN.RS), which will begin drilling in 2015, Rosneft Vice President Peter O'Brien said Monday.

IEA Warns $100 Crude To Return EU, US Oil Bill To 2008 Level

Δευ, 17 Ιανουαρίου 2011 - 19:08

A crude price at about $100 a barrel will bring the oil burden on developed economies to around levels last seen in the crisis of 2008, the chief economist of the International Energy Agency said Monday.