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China Hits Efficiency and Pollution Targets

China Hits Efficiency and Pollution Targets

China will have achieved its goal of a 20 per cent reduction of energy intensity and a 10 per cent cut in major pollutant emission against 2005 levels by the end of 2010, according to official figures reported yesterday.

Existing CO2 Pledges Wont Stop Dangerous Warming-UNEP

Existing CO2 Pledges Won't Stop Dangerous Warming-UNEP

If the most ambitious policies to cut carbon dioxide of every country associated with last year's Copenhagen Accord on climate change are implemented by 2020, it would still be insufficient to keep the rise in global temperatures below two degrees Celsius, said a report from the United Nations Environment Program Tuesday.

CEZ Launching Buyback Of Its Eurobonds

CEZ Launching Buyback Of Its Eurobonds

Czech state-owned power company CEZ AS (BAACEZ.PR) said Tuesday it is launching a buyback of its euro-denominated bonds.

Irans Nuclear Program Suffered 1-day Outage - IAEA Report

Iran's Nuclear Program Suffered 1-day Outage - IAEA Report

Iran's uranium enrichment activities came to a complete halt for at least one day earlier this month, a new restricted United Nations report revealed Tuesday, amid speculation the activities were the target of a cyber attack.

Eni CEO: Eni To Up Iraq Zubair Field Output 10% By End-10

Eni CEO: Eni To Up Iraq Zubair Field Output 10% By End-'10

Italy's Eni SpA (E) and its partners will raise oil production from Iraq's Zubair oil field 10% above its previous level of around 180,000 barrels a day by the end of this year, Chief Executive Paolo Scaroni said Tuesday.

Italy Must Offer Lasting Support For Nuclear Renaissance

Italy Must Offer Lasting Support For Nuclear Renaissance

Italy must offer long-term support measures for nuclear power to make a comeback in the country in order to protect investments and offer a satisfactory regulatory framework, a top government official said Tuesday.

GDF-Suez CEO Confirms Full Year Outlook

GDF-Suez CEO Confirms Full Year Outlook

GDF Suez (GSZ.FR) Chief Executive Gerard Mestrallet Friday said the company confirms its outlook for this year and next year.

Kazakhstan Suspects Agip Of $110 Mln Fraud At Kashagan -Report

Kazakhstan Suspects Agip Of $110 Mln Fraud At Kashagan -Report

Agip KCO, an Eni SpA (E) subsidiary and operator of Phase I of the giant Kashagan offshore oil field development, is suspected of a $110 million fraud, Kazakh state news agency Kazinform reports Friday, citing a spokesman for financial police.

TNK-BP To Double ESPO Shipments To Pacific Coast Next Year

TNK-BP To Double ESPO Shipments To Pacific Coast Next Year

BP PLC's (BP) Russian joint venture TNK-BP Ltd. plans to double shipments of the new ESPO crude to the Asia-Pacific region next year and hopes to send more crude to U.S. refiners, company executives said in an interview.

Malaysia: Total Acquires Interest in a Deep Offshore Exploration Block

Malaysia: Total Acquires Interest in a Deep Offshore Exploration Block

Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will operate the Block alongside its partner Petronas Carigali holding the remaining 15% interest.

India Launches Renewable Energy-Based Market Instruments

India Launches Renewable Energy-Based Market Instruments

India Thursday launched a scheme that allows power utilities to purchase renewable energy certificates to meet their obligations of buying part of their electricity requirement from green energy sources.

Iran Nuclear Drive Must Be Peaceful, Medvedev Tells Ahmadinejad

Iran Nuclear Drive Must Be Peaceful, Medvedev Tells Ahmadinejad

Russia President Dmitry Medvedev Thursday stressed the importance of Iran having a peaceful nuclear program, the Kremlin said, in his first meeting with President Mahmoud Ahmadinejad since a breakdown in ties.

Russias Gazprom Sells $1 Bln 2015 Bond Offering

Russia's Gazprom Sells $1 Bln 2015 Bond Offering

Russia's OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, said Thursday that it has sold a $1 billion bond maturing Nov. 29, 2015.