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China: 2009 Energy Consumption Lower Than US -Xinhua

China: 2009 Energy Consumption Lower Than US -Xinhua

China's National Energy Administration and the National Bureau of Statistics together said Wednesday that the country didn't surpass the U.S. to become the world's largest energy consumer in 2009, according to a Xinhua news agency report.

AES To Invest 4.3 Mln Euro in Bulgarian Town

AES To Invest 4.3 Mln Euro in Bulgarian Town

U.S. energy group AES would invest 8.5 million levs ($5.8 million/4.3 million euro) in the Bulgarian town of Galabovo where it is building a 670 MW thermal power plant, Bulgarian media reported on Tuesday

Israel Unlikely to Attack Iran Before U.S.- Castro

Israel Unlikely to Attack Iran Before U.S.- Castro

Israel will not be the first state to attack Iran, because such an act would make it an enemy of all nuclear powers, Cuban revolutionary leader Fidel Castro said in his Reflections column on the Cuba Debate website.

GDF Suez Confirms International Power Buy; 1H Net +9%

GDF Suez Confirms International Power Buy; 1H Net +9%

French utility GDF Suez SA (GSZ.FR) Tuesday confirmed it is acquiring a majority stake in the U.K. independent power company International Power PLC (IPR.LN) as it reported first-half net profit rose 9% and confirmed its forecasts through 2011.

China Starts Piloting Low-Carbon Provinces, Cities -Official

China Starts Piloting Low-Carbon Provinces, Cities -Official

China has assigned five provinces and eight cities to participate in a low-carbon pilot program as part of its efforts to reduce emissions, the National Development and Reform Commission, the country's top economy agency, said Tuesday.

Turkey Privatizes 75% Of Electricity Distribution -IHA

Turkey Privatizes 75% Of Electricity Distribution -IHA

Turkey has privatized 75% of its electricity distribution capabilities after auctioning four power grids Monday, Ihlas News Agency, or IHA, quotes Energy Minister Taner Yildiz as saying Tuesday.

China Orders 2,000 Firms To Shut Outdated Plants

China Orders 2,000 Firms To Shut Outdated Plants

The Chinese government has ordered over 2,000 firms in high-polluting and energy-intensive industries to shut down outdated plants in its latest efforts to cut pollution and restructure the economy.

SunPower Signs Definitive Sale Agreement for Italian Power Plants

SunPower Signs Definitive Sale Agreement for Italian Power Plants

SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that Etrion Corporation (TSX: ETX), an independent solar power producer, has signed a euro 48 million definitive sale and purchase agreement to acquire the equity in the first two phases of the Montalto di Castro solar photovoltaic (PV) power park, the largest in Italy.

BP Spill Nears An End; Legal Battles Set To Start

BP Spill Nears An End; Legal Battles Set To Start

As the BP (BP.LN) spill in the Gulf of Mexico ends, legal battles are now likely to begin, say UBS. Notes the reporting season has seen Transocean, (RIG), Anadarko (APC) and Mitsui (MITSY) reject accruing for their contribution towards the spill.

Iraq July Oil Exports -0.16% On Month At 1.820M B/D - Official

Iraq July Oil Exports -0.16% On Month At 1.820M B/D - Official

Iraq's crude oil exports fell in July to 1.820 million barrels a day, or 0.16%, compared with 1.823 million b/d the previous month due to weather disruption in southern export terminals, power cuts, and acts of sabotage against northern export pipeline, an Iraqi oil official said Monday.