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China Sets Up Panels To Set Standards For Wind Energy Equipment –Xinhua

China Sets Up Panels To Set Standards For Wind Energy Equipment –Xinhua

Τρι, 30 Μαρτίου 2010 - 17:36

China's National Energy Administration has set up panels to create technical standards for wind-power equipment, the state-controlled Xinhua News Agency reported Tuesday, without naming its source, as Beijing tries to curb excess capacity in the wind-power sector.

Lukoil, Iraq Discuss West Qurna Phase 2 Plan – Official

Lukoil, Iraq Discuss West Qurna Phase 2 Plan – Official

Τρι, 30 Μαρτίου 2010 - 17:36

Technical teams from Lukoil OAO (LKOH.RS) and its Iraqi state partner, South Oil Co., met in Basra Sunday to start the approval process for a preliminary development plan and initial budget for the supergiant West Qurna Phase 2 oil field in southern Iraq, a senior Iraqi oil official said Tuesday.

EU Warned Fuel Quality Plans Will Increase Oil Emissions

EU Warned Fuel Quality Plans Will Increase Oil Emissions

Τρι, 30 Μαρτίου 2010 - 12:19

Draft rules on implementing the EU's Fuel Quality Directive would allow imports of tar sand and other energy intensive oils to the EU, undermining greenhouse gas emission savings, environmentalists have warned.

Shell Eyes 175,000 BOE/D From Iraqs Majnoon Field By 2012-Exec

Shell Eyes 175,000 BOE/D From Iraq's Majnoon Field By 2012-Exec

Δευ, 29 Μαρτίου 2010 - 17:47

Royal Dutch Shell PLC (RDSA) plans to pump as much as 175,000 barrels of oil equivalent a day in 2012 from Iraq's giant Majnoon oil field, ahead of its 1.8-million-barrel-a-day crude target seven years from now, a senior company executive said Monday.

Cyprus Central Bank Governor: World On Its Way To Recovery

Cyprus Central Bank Governor: World On Its Way To Recovery

Δευ, 29 Μαρτίου 2010 - 17:45

Central banks in Europe and the U.S. have taken decisive action in response to the global financial collapse, and appear to have succeeded in averting a severe depression and deflation, Cyprus Central Bank Governor Athanasios Orphanides said Saturday.

Arctic States To Meet Amid Resources, Military Concerns

Arctic States To Meet Amid Resources, Military Concerns

Δευ, 29 Μαρτίου 2010 - 17:45

Five Arctic states meet Monday in the Canadian city of Chelsea to bolster regional cooperation amid concerns of a military build-up and opposition to the tapping of its rich resources.

EU Biofuels Target Borderline Sustainable, Report Finds

EU Biofuels Target Borderline Sustainable, Report Finds

Δευ, 29 Μαρτίου 2010 - 12:06

Going beyond a 5.6% share of biofuels in transport fuel could harm the environment, found a new report made public by the European Commission yesterday (25 March), suggesting that the EU's current target is only borderline sustainable.

Falkland Islands Oil Hopes Dampened

Falkland Islands Oil Hopes Dampened

Δευ, 29 Μαρτίου 2010 - 11:57

Remember the excitement (and controversy) about new drilling for oil off the Falklands Islands by four UK companies? Well, some initial exploratory drilling results are in, and they don’t sound especially promising:

Greece to Sell 7-Year Bonds in First Issue Since Rescue Accord

Greece to Sell 7-Year Bonds in First Issue Since Rescue Accord

Δευ, 29 Μαρτίου 2010 - 11:54

Greece is selling a benchmark issue of seven-year bonds in its first debt offering since the European Union and International Monetary Fund pledged to help the debt-ridden nation finance its budget deficit.

ConocoPhillips To Cut Lukoil Stake To 10%, Buy Back $5B Of Stock

ConocoPhillips To Cut Lukoil Stake To 10%, Buy Back $5B Of Stock

Τετ, 24 Μαρτίου 2010 - 19:20

U.S. oil giant ConocoPhillips (COP) plans to halve its stake in OAO Lukoil Holdings (LUKOY, LKOH.RS) to 10% and launch a $5 billion stock-buyback effort as the company detailed a number of steps as part of its effort to boost its lagging stock price.