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Turkey Questions Sanctions on Iran

Turkey Questions Sanctions on Iran

In an interview on the sidelines of the United Nations' annual General Assembly meeting here, Mr. Gul said Turkey would adhere to sanctions imposed by the U.N. on Iran. But, he said, punitive economic measures against Iran are "not productive." In general, he said, such steps risk breeding "hatred and hostility among the people."

How Greece Can Get Around a Debt Restructuring with the Help of Creditors

How Greece Can Get Around a Debt Restructuring with the Help of Creditors

One of the questions is how the land lies at the moment with Greece’s debt in the hands of foreign institutions including the European Central Bank. Greece and the international representatives of the International Monetary Fund, the European Commission and the European Central Bank, known collectively as the troika, insist the country is on track to meet its budget deficit goal for this year and benefit from the adoption of bold structural reforms in the medium-term

Romanian Regulator Gives CEZ OK On Renewable Power Plant

Romanian Regulator Gives CEZ OK On Renewable Power Plant

Czech state-owned power company CEZ AS (BAACEZ.PR) Monday said that the Romanian energy regulatory office, or ANRE, awarded it permits to produce electricity using renewable sources including wind power.

IEA Chief: More Effort Needed To Reach Emission Cut Targets

IEA Chief: More Effort Needed To Reach Emission Cut Targets

The world needs to step up efforts to reduce greenhouse gas emissions, and use all available energy generation options, including nuclear power and carbon capture and storage, Nobuo Tanaka, executive director of the International Energy Agency, said Monday.

Lukoil Announces Tender For Iraqs West Qurna-2

Lukoil Announces Tender For Iraq's West Qurna-2

Russian oil company OAO Lukoil Holdings (LKOH.RS) has issued four tenders for the multibillion project to develop Iraq's supergiant West Qurna Phase 2 oil field in southern Iraq, the company said Monday.

Chinas Main Nuclear Power Co In Talks To Build Plant In Pakistan

China's Main Nuclear Power Co In Talks To Build Plant In Pakistan

China's main nuclear power company said it is in talks to build a one-gigawatt nuclear power plant in Pakistan, even as the two countries face U.S. and Indian concerns over their cooperation to build other plants in Pakistan.

New Roll-Out Solar Cells Could Revolutionize the Photovoltaic Market

New Roll-Out Solar Cells Could Revolutionize the Photovoltaic Market

A startup company called Eight19, a collaborative effort of Cambridge University’s Cavendish Laboratory and UK environmental group the Carbon Trust is here to give a new dimension to the field of solar energy. The company is working on the of new organic solar PV technology that holds the potential to make solar cell installation easier and cheaper.

The UN Doesn’t Understand Climate Change

The UN Doesn’t Understand Climate Change

A set of background papers (PDF) written for a high-level UN off-site in August was posted last week by Fox News (hat tip:Colum Lynch). Among them is one (prepared by the Climate Change Support Team in the Office of the Secretary-General) that explores the challenge facing the UN in addressing climate change

EU Warns of Gas Shortage in Poland

EU Warns of Gas Shortage in Poland

Poland may face natural gas shortages later this year as a result of delays in signing a long-term gas supply deal with Russia, the European Commission said on 17 September. Brussels says Poland is preventing EU companies from buying its surplus Russian gas, infringing EU internal market rules.

BP Says Oil Spill Compensation Payout Rate Soars

BP Says Oil Spill Compensation Payout Rate Soars

BP said payouts to people affected by its Gulf of Mexico oil spill had dramatically increased since it surrendered authority for dispensing funds to an independent administrator.

Lukoil To Supply Uzbek Gas To China

Lukoil To Supply Uzbek Gas To China

Russian oil company OAO Lukoil Holdings (LKOH.RS) will by the end of September sign a memorandum with China National Petroleum Corp. to deliver natural gas from Uzbekistan to China, a Lukoil spokesman said Friday.