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Rosneft Lifts 1Q Net Profit On Higher Output, Prices

Rosneft Lifts 1Q Net Profit On Higher Output, Prices

Δευ, 17 Μαΐου 2010 - 18:42

Russia's largest oil producer OAO Rosneft (ROSN.RS) Monday said it is on track to increase full-year output by 4.5% as it ramps up production at the key Vankor field in East Siberia.

Venezuela Wants To Assign Oil Block This Year

Venezuela Wants To Assign Oil Block This Year

Δευ, 17 Μαΐου 2010 - 18:41

Venezuela's Oil Ministry has three offers from private interests for help developing an oil block in the eastern Orinoco region and may choose one of them by the end of this year, an official said.

Yingli Green Energy to Power Largest PV Solar Power Plant in France

Yingli Green Energy to Power Largest PV Solar Power Plant in France

Δευ, 17 Μαΐου 2010 - 18:41

Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which holds the brand "Yingli Solar," today announced it has signed a sales contract with MAESSA TELECOMUNICACIONES, INGENIERIA, INSTALACIONES Y SERVICIOS, S.A.

Venezuelas Chavez To Nationalize More Metals Companies

Venezuela's Chavez To Nationalize More Metals Companies

Δευ, 17 Μαΐου 2010 - 18:39

Venezuelan President Hugo Chavez has announced plans to seize aluminum, iron and other firms in the raw materials-rich region of Guayana, part of a years-long effort to convert the area into one of his cradles of socialism.

Turkey’s Gas Deal with Azerbaijan Fuels Hopes in EU

Turkey’s Gas Deal with Azerbaijan Fuels Hopes in EU

Δευ, 17 Μαΐου 2010 - 13:50

Turkish Prime Minister Recep Tayyip Erdoğan, on a visit to Azerbaijan today (17 May), is due to sign a EU-backed gas deal that is expected to unlock Azeri gas reserves for the West and eventually trim Europe's energy dependence on Russia, the press in the region reports.

Iran, Brazil, Turkey Sign Nuclear Swap Deal

Iran, Brazil, Turkey Sign Nuclear Swap Deal

Δευ, 17 Μαΐου 2010 - 13:47

Iran, Brazil and Turkey signed a nuclear fuel swap agreement on Monday designed to allay international concern over the Islamic Republic's atomic ambitions and avert fresh U.N. sanctions against Tehran.

Nigeria, China Pen $23 Billion Refining Deal

Nigeria, China Pen $23 Billion Refining Deal

Παρ, 14 Μαΐου 2010 - 18:01

Nigeria and China have signed a tentative deal to build three oil refineries in the West African state at a cost of $23 billion to boost badly needed gasoline supply in Nigeria and position China for more access to the country's coveted high-quality oil reserves.

Brent and WTI Slide on Euro Concerns

Brent and WTI Slide on Euro Concerns

Παρ, 14 Μαΐου 2010 - 17:59

Oil futures are falling sharply Friday after the euro tumbled to a 17-month low against the dollar of $1.2432. At 1114 GMT, the front-month June Brent contract on London's ICE futures exchange was $1.85 lower at $78.26 a barrel. Earlier Friday, the contract fell to a low of $77.77 a barrel.

Clean Energy Seeks Congressional Support

Clean Energy Seeks Congressional Support

Παρ, 14 Μαΐου 2010 - 17:58

U.S. renewable-energy and clean-technology industries are pressing for proposals not included in the energy and climate bill released this week, changes they say are vital to keeping their markets afloat and creating jobs.

Gazproms Push for Ukraine Merger Meets Resistance

Gazproms Push for Ukraine Merger Meets Resistance

Παρ, 14 Μαΐου 2010 - 14:19

Russia's gas export monopoly Gazprom, which is seeking a merger with Ukraine's state energy firm, yesterday (13 May) rejected Kiev's idea of inviting firms from the European Union to join potential talks. In the meantime, Ukrainian President Viktor Yanukovich rejected the Gazprom takeover.

Bulgaria Suspended from CO2 Emissions Trading

Bulgaria Suspended from CO2 Emissions Trading

Παρ, 14 Μαΐου 2010 - 14:18

Bulgaria will be suspended from carbon emissions trading under the Kyoto Protocol as a result of poor transparency and untrustworthiness, the country's environment minister said on 13 May. The decision represents a heavy blow for the government in Sofia, which expected to receive €250m in revenue from the scheme this year, according to Dnevnik, EurActiv's partner publication in Bulgaria.

Gazprom-Naftogaz Merger Absolutely Pragmatic Idea - Miller

Gazprom-Naftogaz Merger Absolutely Pragmatic Idea - Miller

Παρ, 14 Μαΐου 2010 - 14:16

The chief executive officer of Russia’s gas giant Gazprom Alexei Miller and Ukraine’s Fuel and Energy Minister Yuri Boiko have had a meeting at Gazprom’s head office in Moscow on Thursday.