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RWE: Nabucco Gas Supply Deals Now Unlikely In 1H 2010

RWE: Nabucco Gas Supply Deals Now Unlikely In 1H 2010

German utility RWE AG (RWE.XE), a member of the consortium that plans to build the natural gas pipeline Nabucco, said Tuesday it no longer expects gas supply deals with Azerbaijan and Turkmenistan will be signed in the first half of 2010 in light of pending political agreements.

Russias Transneft Says Ukraine Oil Transit Fees Too High

Russia's Transneft Says Ukraine Oil Transit Fees Too High

The head of Russia's state-controlled oil-pipeline operator has complained to Prime Minister Vladimir Putin that Ukraine's oil-transit fees are too high. "There are, of course, some problems with transit to Ukraine," OAO Transneft's (TRNFP.RS) chief, Nikolai Tokarev, said, according to comments posted on the government's website.

Report On French Nuclear Industry Due By Mid-May -Source

Report On French Nuclear Industry Due By Mid-May -Source

A report commissioned by French president Nicolas Sarkozy on the future of France's nuclear industry will focus on cooperation among national champions to ensure success winning overseas contracts, a person close to the French government told Dow Jones Newswires Tuesday.

Mongolia Could Decide Soon On Uranium JV With Russia - Report

Mongolia Could Decide Soon On Uranium JV With Russia - Report

The government of Mongolia will make a decision soon on establishing a joint venture with Russia to develop a Mongolian uranium deposit, reports the RIA Novosti news service Tuesday, citing the head of the Russian civilian nuclear-power corporation, Rosatom.

The Dramatic Final Hours at Copenhagen

The Dramatic Final Hours at Copenhagen

One of the most striking accounts of the final hours at the Copenhagen climate conference was notable not just for its controversial portrayal of China’s role in the negotiations, but the drama that was involved — heads of state banging microphones and ‘throwing up their hands in despair’.

Brussels to Argue for 30% CO2 Reduction Target

Brussels to Argue for 30% CO2 Reduction Target

The economic slump has cut the cost of meeting the EU's current 2020 emission reduction target by nearly a third, making a move to a 30% cut affordable, according to a draft European Commission communication seen by EurActiv.

Russias Urals Crude Oil Price Jumps 69% in April year-on-year

Russia's Urals Crude Oil Price Jumps 69% in April year-on-year

The average price of Russia's Urals export oil blend jumped 69% in April 2010 year-on-year to $82.5 per barrel as the world economy recovers from the effects of the global economic crisis, a Finance Ministry official said on Tuesday.

NPT Review Conference Opens at UN Headquarters in New York

NPT Review Conference Opens at UN Headquarters in New York

The 8th NPT Review Conference opened at the U.N. Headquarters in New York on Monday. The conference participants will discuss how to prevent the spread of nuclear weapons and illegal turnover of nuclear materials.

Gazprom 4Q Up Eightfold; Shares Rise

Gazprom 4Q Up Eightfold; Shares Rise

Russia's OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, Thursday posted an eightfold increase in fourth-quarter net profit on rising output and demand, as well as a one-time financial gain.

Qatar Starts Up $800 Mln Ethane Cracker At Ras Laffan

Qatar Starts Up $800 Mln Ethane Cracker At Ras Laffan

Qatar's Ras Laffan Olefins Co. will on Tuesday inaugurate officially its new $800 million ethane cracker that started production last week, the state-run Qatar News Agency reports Monday.

E.ON Sells 265MW Power Output Capacity To Morgan Stanley Unit

E.ON Sells 265MW Power Output Capacity To Morgan Stanley Unit

E.ON AG (EOAN.XE) said Monday it has agreed to sell 265 megawatts of power generation capacity its owns in the German coal-fired power plant Veltheim to Morgan Stanley Capital Group Inc., the commodities division of Morgan Stanley (MS).