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Commission to Outline New Energy Action Plan

Commission to Outline New Energy Action Plan

The European Commission will present the priorities of its 2010-2014 energy action plan during a meeting of energy ministers at the end of May. The EU executive will inform ministers next month about the long-awaited plan, which will set out policy priorities in the field of energy for the next five years, Energy Commissioner Günther Oettinger's spokesperson confirmed.

Japan Utilities Inking Thermal Coal Buy Deals Around $100/Ton

Japan Utilities Inking Thermal Coal Buy Deals Around $100/Ton

Two recent announcements by major coal suppliers to Asian customers show Japanese utilities are closing deals with major thermal coal suppliers on term prices for annual contracts starting in April, though it is unclear which utilities are involved.

China Plans To Shut Many Small Coal Mines By End-2010

China Plans To Shut Many Small Coal Mines By End-2010

China's State Council, the cabinet, said Tuesday 8,000 small coal mines with a total output capacity of 200 million metric tons would be closed by the end of the year, in its latest effort to eliminate less efficient production facilities.

Qatar In Talks Over Possible LNG Shipments To Pakistan – Min

Qatar In Talks Over Possible LNG Shipments To Pakistan – Min

Qatar, the world's top liquefied natural gas exporter is in talks with Pakistan over possible LNG shipments, and with India over annual deliveries of as much as 4 million tons of the supercooled gas, the country's oil minister said Tuesday.

Qatar Oil Min: OPEC Crisis Meeting Unlikely

Qatar Oil Min: OPEC Crisis Meeting Unlikely

Qatar's oil minister said Tuesday Organization of Petroleum Exporting Countries are unlikely to hold an emergency meeting over the latest oil price rally as consumer demand is still weak and inventories are high.

EDF Board To Meet April 16 On Potential UK Asset Sale-Source

EDF Board To Meet April 16 On Potential UK Asset Sale-Source

French state-controlled Electricite de France SA (EDF.FR) has called for a meeting of its board on April 16 to decide over the potential sale of its U.K.-based electricity distribution asset, a person familiar with the matter told Dow Jones Newswires Tuesday.

EU Commissions Energy and Climate Change Work Programme 2010 and Intentions 2011

EU Commission's Energy and Climate Change Work Programme 2010 and Intentions 2011

The European Commission today announced its work programme for 2010, with further information regarding its intentions for 2011. It is evident that energy and climate change remains two of the Commission's very highest priorities for the coming years, and that there will be many new concrete proposals and new initiatives.

Oettinger Tells Sofia to be Wiser with Energy Projects

Oettinger Tells Sofia to be Wiser with Energy Projects

EU Energy Commissioner Günther Oettinger paid his first visit to Bulgaria on 3 March, the country's national day. Although the visit received limited coverage, it gave the commissioner an opportunity to criticise Sofia's sometimes questionable energy choices, according to Panayot Angarev of Dnevnik, EurActiv's partner publication in Bulgaria.

U.S. Calls for Further Nuclear Arms Reduction

U.S. Calls for Further Nuclear Arms Reduction

The U.S. hopes to persuade Russia to enter talks on further nuclear arms cuts after the ratification of the new START treaty on Thursday, U.S. Fox News reported late on Monday.

Serbia-IMF

Serbia-IMF

The International Monetary Fund said its executive board had completed a review of Serbia’s economic program, allowing for the immediate release of a 360-million-euro ($486 million) tranche of the country’s bailout loan.

Small Croat Firm has Big Dreams for Electric Car

Small Croat Firm has Big Dreams for Electric Car

Fancy electric cars are hardly the first thing that comes to mind when talking about Croatia. Ethnic wars of the 1990s or the booming tourism on its pristine Adriatic coast are the far more common associations.

Rosneft Eyes Venezuela For Stake In German Refiner -Vedomosti

Rosneft Eyes Venezuela For Stake In German Refiner -Vedomosti

Russia's biggest oil producer, OAO Rosneft (ROSN.RS), hopes to tap an emerging relationship with a state-run counterpart in Venezuela to buy its 50% stake in a German refiner, business daily Vedomosti reports Friday.

Japan Oil Product Demand To Fall 16% Next Five Years

Japan Oil Product Demand To Fall 16% Next Five Years

Japan's demand for oil products will fall by 16% in the next five fiscal years to 161 million kiloliters, or by an annual average of 3.5%, the Ministry of Economy, Trade and Industry projects said.

Russia Mar Oil Output At Post-Soviet High Of 10.12 Mln Bbl/Day

Russia Mar Oil Output At Post-Soviet High Of 10.12 Mln Bbl/Day

Russia produced a post-Soviet record of 10.12 million barrels a day of crude oil and gas condensate in March, a rise of 0.4% from February, the Interfax news agency reported Friday citing statistics from the energy ministry.