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Iberdrola Plans To Build 5 GW European Offshore Wind Power

Iberdrola Plans To Build 5 GW European Offshore Wind Power

Τετ, 24 Μαρτίου 2010 - 19:19

Spanish power utility Iberdrola SA (IBE.MC) has plans to build 5 gigawatts in offshore wind power capacity in Europe, compared with 4.8 GW it previously announced, Chairman Ignacio Galan said Wednesday.

Enel Talks To Banks On EUR8B Loan Refinance

Enel Talks To Banks On EUR8B Loan Refinance

Τετ, 24 Μαρτίου 2010 - 19:19

Italian utility Enel SpA (ENEL.MI) is talking to banks about an EUR8 billion loan to refinance part of the EUR35 billion debt used to back Enel's takeover of Spanish peer Endesa in 2007, people familiar with the situation said Wednesday.

Kazakhstan Aims For 40% Share Of Japans Uranium Market-Report

Kazakhstan Aims For 40% Share Of Japan's Uranium Market-Report

Τετ, 24 Μαρτίου 2010 - 19:18

Kazakhstan plans to boost its uranium exports to Japan and increase its share on the Japanese uranium market to 40% from 4%, Russian news agency RIA Novosti reports on its Web site Wednesday, citing an interview with the Kazakh foreign minister.

Total CEO Doesnt Believe A European Carbon Tax Is Feasible

Total CEO Doesn't Believe A European Carbon Tax Is Feasible

Τετ, 24 Μαρτίου 2010 - 19:18

French oil major Total SA's (TOT) Chief Executive Christophe de Margerie said Wednesday he doesn't believe a European carbon tax is feasible, and added that if such a tax were to be introduced it should be global or not at all.

Russian Oil Firm LUKoil Expects to Return to Iran Project

Russian Oil Firm LUKoil Expects to Return to Iran Project

Τετ, 24 Μαρτίου 2010 - 18:05

Russia's largest private crude producer LUKoil said on Wednesday it hoped to return to its Iran project under more favorable economic conditions. "We have kept our rights to this project and are ready to return to it under a favorable economic situation," Stanislav Kuzyayev, head of LUKoil Overseas in charge of company's projects abroad, said

Russia Wants Greater Oil, Gas Coordination with Qatar

Russia Wants Greater Oil, Gas Coordination with Qatar

Τετ, 24 Μαρτίου 2010 - 18:04

Russian Prime Minister Vladimir Putin said on Wednesday that Russia and Qatar, two of the world's largest hydrocarbon producers, should coordinate their activity on global gas and oil markets.

Ukraine Govt Drafts Budget Based on Russian Gas Price of $ 334

Ukraine Govt Drafts Budget Based on Russian Gas Price of $ 334

Τετ, 24 Μαρτίου 2010 - 13:54

Ukraine’s government is calculating the country’s 2010 budget based on Russian gas prices of 334 U.S. dollars per cubic meter, although the final price will be established after bilateral talks, Ukrainian Deputy Prime Minister Sergei Tigipko told a briefing on Wednesday.

Iraq February Oil Revenues At $4.229 Billion - Oil Ministry

Iraq February Oil Revenues At $4.229 Billion - Oil Ministry

Τρι, 23 Μαρτίου 2010 - 18:43

Sales from Iraqi crude oil exports in February totaled $4.229 billion compared with $4.416 billion in the previous month, the Iraqi Oil Ministry said in a statement Tuesday. It said the State Oil Marketing Organization, or SOMO, sold its crude in February at an average monthly price of $73.04 a barrel, compared with $73.97 a barrel in January.

Shell, CNPC Agree 30-Year China Natural Gas Project

Shell, CNPC Agree 30-Year China Natural Gas Project

Τρι, 23 Μαρτίου 2010 - 18:42

International oil companies like Royal Dutch Shell PLC (RDSA.LN, RDSA) are betting they can tap unconventional sources of natural gas in China and copy their success in the U.S., where new techniques have uncovered vast domestic supplies that are reducing reliance on imports for decades to come.

Iron Ore Monopoly Should Be Opposed-China Official

Iron Ore Monopoly Should Be Opposed-China Official

Τρι, 23 Μαρτίου 2010 - 18:42

The monopoly in iron ore pricing is damaging China's economy and should be opposed, a senior research fellow at a Chinese state research center said Tuesday. "There is a monopoly in pricing and price is not decided by supply and demand," Hu Jiangyun said at a United Nations forum here.

Gasunie Has Pulled Out Of RWE Gas Grid Bid Consortium – Exec

Gasunie Has Pulled Out Of RWE Gas Grid Bid Consortium – Exec

Τρι, 23 Μαρτίου 2010 - 18:41

Dutch gas transporter Gasunie NV has pulled out of a consortium bidding for RWE AG's (RWE.XE) natural gas grid, a Gasunie executive said Tuesday. Gasunie is no longer a partner in the consortium bidding for RWE's distribution network, Thyssengas, Jens Schumann, head of Gasunie Transport Services in Germany said, speaking at the Dow Jones Gas Market Conference.