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Energy Assets Could Draw Edison Interest

Energy Assets Could Draw Edison Interest

Italian power company Edison could be interested in Greek energy assets the government may include in its 2010 privatization program, its chief executive officer, Umberto Quadrino, said yesterday.

Green Survey Busts Myths

Green Survey Busts Myths

Greeks are well-informed about the risks posed by climate change, positive about initiatives aimed at harnessing relatively untapped renewable energy sources and opposed to the use of nuclear energy, according to the result of a survey carried out by polling firm Public Issue on behalf of conservation group WWF Hellas.

EU Shown 2050 Path to Renewables-Based Economy

EU Shown 2050 Path to Renewables-Based Economy

Europe could meet at least 80% of its energy needs from renewables by 2050 without paying more for electricity than it would by continuing with current fossil-fuel based infrastructure, according to a new report by the European Climate Foundation (ECF).

Chinas Top Oil Firms Sell Gasoline to Iran-Trade

China's Top Oil Firms Sell Gasoline to Iran-Trade

State-run Chinaoil has sold two gasoline cargoes for April delivery to Iran, industry sources said on Wednesday, stepping into a void left by fuel suppliers halting shipments under threat of U.S. sanctions.

Clinton Cites Progress With Turkey On Iran Nuclear Issue

Clinton Cites Progress With Turkey On Iran Nuclear Issue

Secretary of State Hillary Clinton on Tuesday cited "progress" with Turkey on international sanctions that the United States and its allies want to slap on Iran over its suspect nuclear program.

Renault, Peugeot To Supply 60,000 Electric Vehicles In France

Renault, Peugeot To Supply 60,000 Electric Vehicles In France

French auto makers Renault SA (DRNO.FR) and PSA Peugeot-Citroen (UG.FR) pledged Tuesday to supply 60,000 electric vehicles for sale in France in 2011 and 2012, as part of the French government's efforts to promote zero-emission vehicles in France.

China To Raise Gasoline, Diesel Prices By 4%-4.5%

China To Raise Gasoline, Diesel Prices By 4%-4.5%

China will increase domestic gasoline and diesel prices 4%-4.5% from Wednesday, in a move that indicates the government's confidence that inflation is still under control.

US Pledges To Help China If Iran Cuts Off Oil -NYT

US Pledges To Help China If Iran Cuts Off Oil -NYT

U.S. President Barack Obama vowed to help keep fuel flowing to China if Iran cuts off supplies in retaliation for joining a drive for UN sanctions, The New York times reported Tuesday.

China Now No. 2 to U.S. in Wind Power Production

China Now No. 2 to U.S. in Wind Power Production

China overtook Germany last year to become the world's second largest producer of wind power behind the United States, global wind energy producers said Monday.

Euro Strengthens After Deal With Greece

Euro Strengthens After Deal With Greece

An April 11 2010 agreement among the 16 countries of the euro zone on the terms of a multi-billion euro package of financial support to be given to Greece was followed by the euro gaining sharply against the dollar and pound sterling.

Conoco Said to Bet on U.A.E. Alliance in Caspian Oil Race

Conoco Said to Bet on U.A.E. Alliance in Caspian Oil Race

ConocoPhillips plans to team up with Abu Dhabi-backed Mubadala Development Co. to bid for oil and gas fields in the Caspian Sea off Turkmenistan after an attempt with Russia’s OAO Lukoil foundered, a person familiar with the strategy said.

World Oil Demand to Hit Record High This Year: IEA

World Oil Demand to Hit Record High This Year: IEA

Global oil demand will hit a record high this year, the International Energy Agency (IEA) said on Tuesday, revising up consumption estimates as the world economy recovers from recession.

Bulgaria to Dismantle Energy Holding by End-June - Minister

Bulgaria to Dismantle Energy Holding by End-June - Minister

Bulgarian Energy Holding (BEH), the corporate structure set up to group most of the state-owned assets in the energy sector, would be disbanded by end-June, Bulgaria's Economy and Energy Minister Traicho Traikov said on April 12.