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Gazprom: First Phase Of Nord Stream Gas Contracted Or Agreed

Gazprom: First Phase Of Nord Stream Gas Contracted Or Agreed

OAO Gazprom's (GAZP.RS) deputy chief executive Friday said the entire volume of the Nord Stream AG natural gas pipeline project's first phase, or 27.5 billion cubic meters, has either been contracted or agreed with European companies.

Areva Signs Three Nuclear Pacts In Italy

Areva Signs Three Nuclear Pacts In Italy

French state-controlled nuclear group Areva (CEI.FR) Friday said it has signed several deals with Italian companies and universities to develop nuclear projects in Italy. This announcement was made on the sidelines of a Franco-Italian summit in Paris.

Gazprom Starts Construction on Nord Stream Gas Pipeline

Gazprom Starts Construction on Nord Stream Gas Pipeline

Russian energy monopoly Gazprom on Friday officially started the construction of Nord Stream, a pipeline to pump natural gas from Russia to Europe under the Baltic Sea. The first symbolic weld was made in the presence of Russian President Dmitry Medvedev, Gazprom CEO Alexei Miller, and Nord Stream board director Gerhard Schroeder.

France Takes Carbon Tariff Campaign to Washington

France Takes Carbon Tariff Campaign to Washington

France will seek an agreement with the US on a carbon border tax and is convinced that other EU states will come on board if Washington supports it, according to French Environment Minister Jean-Louis Borloo. EurActiv France reports.

Angola To Invest $50.6 Bln In Oil And Gas - I-Net

Angola To Invest $50.6 Bln In Oil And Gas - I-Net

Angola, expecting its oil production to rise to 2.2 million barrels a day by next year, is investing $50.6 billion in upstream and downstream projects between now and 2013. Just over two thirds of the money will come from foreign investors.

Eyes On OPEC With Oil Above $70-$80 Range

Eyes On OPEC With Oil Above $70-$80 Range

Crude oil prices continue to hold 17-month highs and exceed OPEC's comfort zone, raising expectations that the group soon may push more oil into the market. Shokri Ghanem, Libya's top oil official, told Zaywa Dow Jones said he expects crude to hit $90 a barrel--at least temporarily--as early as next week, as economic recovery increases demand and trims inventories.

Enel, Renault To Sign Electricity Deal For Cars

Enel, Renault To Sign Electricity Deal For Cars

Italy's Enel SpA (ENEL.MI) and France's Renault SA (RNO.FR) will sign a deal Friday for the supply of electricity to power cars, a person familiar with the matter said Thursday. The accord will be announced Friday as part of the Italy-France summit scheduled in Paris, the person said.

Brazils Petrobras To Expand Angola Exploration

Brazil's Petrobras To Expand Angola Exploration

Brazilian state-run energy giant Petroleo Brasileiro SA (PBR), or Petrobras, plans to expand its exploration activities in Angola, reported state news agency Angola Press.

EU Commissioner Sees Russia As Energy Partner For Decades

EU Commissioner Sees Russia As Energy Partner For Decades

Russia will remain the European Union's main energy partner for decades, the newly appointed European Energy Commissioner Guenther Oettinger said Thursday, an indication that the bloc's policy of significantly cutting its dependence on its eastern neighbor for energy remains a distant goal.

Nord Stream Hopes Complete 2nd Stage Financing In 4Q

Nord Stream Hopes Complete 2nd Stage Financing In 4Q

Nord Stream AG, the OAO Gazprom (GAZP.RS)-led joint venture seeking to build an underwater pipeline from Russia to Germany, said Thursday it expects to complete EUR2.5 billion in financing for the second phase of the project in the fourth quarter of 2010.

Photovoltaic Park in Southern Greece Ready

Photovoltaic Park in Southern Greece Ready

Positive Energy, a contractor that specializes in using renewable energy technologies, has completed the construction of a 100-kilowatt-peak (kWp) photovoltaic park in the southern Peloponnese, it said yesterday.

Oettinger to Attend Nord Stream Kick-Off Event in Russia

Oettinger to Attend Nord Stream Kick-Off Event in Russia

Energy Commissioner Günther Oettinger arrived in Russia yesterday (7 April) for his first official visit outside the EU. During his stay, Oettinger will attend celebrations marking the launch of construction work on the Nord Stream gas pipeline.

Brussels Backs Down on Centralised Carbon Auction Plans

Brussels Backs Down on Centralised Carbon Auction Plans

The European Commission has backed down on plans to establish a centralised platform for auctioning CO2 emission allowances from 2013, allowing Germany, the UK and other large emitters to organise auctions at national level, according to a draft proposal seen by EurActiv.