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Lukoil To Supply Uzbek Gas To China

Παρ, 17 Σεπτεμβρίου 2010 - 18:52

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.

Statoil Committed To Shtokman End March 2011 FID Deadline

Παρ, 17 Σεπτεμβρίου 2010 - 18:52

Norwegian oil and gas group Statoil ASA (STL.OS) is still committed to the deadline for the final decision to proceed with the first phase of Shtokman natural gas extraction project in Arctic Russia, planned by end March 2011, it said Friday.

KNOC Says It Has Bought One Third Of Dana Petroleum's Shares

Παρ, 17 Σεπτεμβρίου 2010 - 18:51

Korea National Oil Corp., or KNOC, said in a statement Friday it has acquired nearly one third of the equity in Dana Petroleum PLC (DNX.LN) at 1800 pence per share.

Brazil's Petrobras Record Share Offering Gets Larger

Παρ, 17 Σεπτεμβρίου 2010 - 18:51

The largest share issue ever just got larger. Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, on Friday said it has increased the amount of additional shares that will be available to investors in its ongoing capitalization program.

On the Path to Full Spectrum Photovoltaic Solar Cells

Παρ, 17 Σεπτεμβρίου 2010 - 14:51

The maximum use of incoming solar radiation relies on using the full spectrum of the light and infrared radiation. There’s a lot of power in the infrared – not something the current photovoltaic cell is harvesting.

64 percent of New Power to be Renewable Over Next Decade

Παρ, 17 Σεπτεμβρίου 2010 - 14:47

Renewable energy is set to make up nearly two-thirds of new electricity generation capacity installed in the EU over the next decade, according to new estimates by the European Commission.

Arctic Ice Shrinks to Less than 5 mln square km

Παρ, 17 Σεπτεμβρίου 2010 - 14:46

Arctic ice declined to 4.8 million square kilometers in September, the head of Russia's meteorological service said on Friday.

ArcelorMittal: China Still Long Way From Peak Steel Demand

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Emerging markets such as Brazil and India still hold growth opportunities for steel producers, steelmaker ArcelorMittal (MT) said Thursday while announcing further iron ore investment plans and cost saving targets.

Brazil's Petrobras: Tupi Oil Field Pilot To Start In October

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Brazilian oil and gas firm Petroleo Brasileiro SA (PBR), or Petrobras, aims to start pilot production from its mammoth Tupi oil find in October, a company official said Thursday.

Russia, Canada Trade Rival Arctic Claims

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Canada and Russia's foreign ministers traded claims over the Arctic Thursday as their countries eyed energy riches and shipping routes made increasingly accessible by melting Polar ice.

Iraq To Sign Oil Pipeline Accord With Turkey Sunday

Πεμ, 16 Σεπτεμβρίου 2010 - 19:03

Iraq is planning to sign an accord Sunday with Turkey to extend the operation of a major oil pipeline after they agreed to renew the deal, the Iraqi Oil Ministry said in a statement Thursday.

RWE CFO: Nuclear Tax To Cut Ebitda By EUR700M A Year

Πεμ, 16 Σεπτεμβρίου 2010 - 19:03

Power utility RWE AG (RWE.XE) expects a new tax on nuclear fuel rods that the German government wants to impose from 2011 will reduce earnings before interest, taxes, depreciation and amortization could by around EUR700 million annually in coming years, daily newspaper the Financial Times Deutschland reports in its Thursday edition.

UK Should Act Now To Adapt To Climate Change - UK Body

Πεμ, 16 Σεπτεμβρίου 2010 - 19:02

The U.K. needs to overhaul key infrastructure including power stations, roads, railways, and water supplies in order to mitigate the worst effects of climate change, said an independent body that advises the U.K. government on climate change.