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Russia, India Ready to Develop Nuclear Cooperation

Russia, India Ready to Develop Nuclear Cooperation

Russia and India intend to develop cooperation in the nuclear sphere, the Russian president and Indian prime minister said in a joint statement on Tuesday.

Latvia, Gazprom Agree on Lower Price for Natural Gas

Latvia, Gazprom Agree on Lower Price for Natural Gas

The Latvian gas company Latvijas Gaze signed an contract with Russia’s Gasprom for natural gas supplies in 2011, according to which the purchasing price of gas for this Baltic country will be 15 percent lower than this year.

EU Ministers Back Deal To Cut Van CO2 Emissions

EU Ministers Back Deal To Cut Van CO2 Emissions

European Union environment ministers Monday backed a preliminary agreement with other EU institutions on new rules that will cut greenhouse gas emissions by small trucks starting in 2017.

French Regulator Says Shell Unit Falsified Documents

French Regulator Says Shell Unit Falsified Documents

The French competition authority Monday accused Shell and its subsidiary Butagaz of having produced false documents in connection with an inquiry into alleged price-fixing by gas distributors.

GDF Suez Aims For No 2 Gas, No 3 Power Spot In Italy By 2014

GDF Suez Aims For No 2 Gas, No 3 Power Spot In Italy By 2014

French power group GDF Suez SA (GSZ.FR) aims to become Italy's second-biggest natural gas company and its No. 3 electricity one by 2014 with investments topping EUR1 billion, said a top official Monday.

North Korea Agrees To Restart UN Nuclear Inspections

North Korea Agrees To Restart UN Nuclear Inspections

North Korea has agreed to permit the return of UN nuclear inspectors as part of a package of measures to ease acute tensions on the peninsula, U.S. troubleshooter Bill Richardson said Monday.

National Grid Reassures As UK Gas Demand Soars

National Grid Reassures As UK Gas Demand Soars

U.K. natural gas network operator National Grid PLC (NGG) sought to reassure consumers Monday that there would be sufficient supplies to a meet a new all-time high in demand, despite the utility issuing a gas balancing alert Sunday.

European Parliament Calls for Binding EU Energy-Saving Goal

European Parliament Calls for Binding EU Energy-Saving Goal

The European Parliament voted yesterday (15 December) for a binding energy saving target of "at least 20%" by 2020 when it approved a resolution aiming to influence the EU's forthcoming new Energy Efficiency Action Plan.

Mexico Hedges 2011 Oil Income At $63/Barrel Avg

Mexico Hedges 2011 Oil Income At $63/Barrel Avg

Mexico's government has purchased put options to hedge most of its 2011 oil revenue at an average price of $63 per barrel, the Finance Ministry said Wednesday.

Slovakia Has No Intention Of Abandoning Euro, Minister Says

Slovakia Has No Intention Of Abandoning Euro, Minister Says

Slovakia has no intention of ditching the euro, Foreign Minister Mikulas Dzurinda said Thursday during a visit to Poland, after his nation's speaker of parliament said it was time to consider a pullout from the currency.

Turkey Competition Bd Sees Antitrust Issues In Grid Tenders-IHA

Turkey Competition Bd Sees Antitrust Issues In Grid Tenders-IHA

Turkey's competition board said Thursday it has made an advisory decision on privatization of state-owned Bogazici, Gediz, Trakya and Dicle power distribution grids, the Ihlas News Agency, or IHA, reported.