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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.

EMISSION CRITICAL: Race To Convert CO2 Into Products Sharpens

EMISSION CRITICAL: Race To Convert CO2 Into Products Sharpens

The race to develop new ways to convert heat-trapping carbon dioxide gas into commercial products--ranging from baking soda and cement substitutes to green fuels--is stepping up as companies and researchers try to benefit from looming new regulations on emissions.

Irans Chief Nuclear Negotiator Ends Visit To Beijing

Iran's Chief Nuclear Negotiator Ends Visit To Beijing

Iran's chief nuclear negotiator ended a visit to Beijing with both countries calling for continued international negotiations over the Iranian nuclear program despite growing pressure on Beijing to back new sanctions against Tehran.

EU to Table Directive on Water Savings in Buildings

EU to Table Directive on Water Savings in Buildings

In the wake of new legislation to reduce the energy consumption of buildings and electric devices, the European Commission is determined to introduce similar measures for water.

Saudi Oil Minister: Opening US East Coast To Drilling Positive

Saudi Oil Minister: Opening US East Coast To Drilling Positive

Saudi Arabian Oil Minister Ali al-Naimi said Wednesday that President Barack Obama's proposal to open a swath of the offshore U.S. East Coast to oil drilling was a positive development for meeting future energy demand.

China Insists Iran Nuclear Crisis Needs Peaceful Resolution

China Insists Iran Nuclear Crisis Needs Peaceful Resolution

China on Thursday took a more prominent role in efforts to contain Iran's nuclear drive and President Hu Jintao announced that he will go to a major anti-proliferation summit in Washington this month.

Lukoil Asks Iraq To Clear Mines From Oil Field - Oil Official

Lukoil Asks Iraq To Clear Mines From Oil Field - Oil Official

Russia's Lukoil OAO (LKOH.RS) has requested that Iraq clear mines from the supergiant West Qurna Phase 2 oil field in southern Iraq near the border with Iran, a senior Iraqi oil official said Thursday.

Shell May Earn $1.2B-$1.5B From Africa Asset Sale

Shell May Earn $1.2B-$1.5B From Africa Asset Sale

Royal Dutch Shell (RDSB.LN) could earn around $1.2 billion to $1.5 billion from the sale of its oil product distribution businesses in 21 African countries, says NCB Stockbrokers analyst Peter Hutton. However, Shell is unlikely to sell all the assets in a single deal, given the complexity of the portfolio, he says.

Gas Market

Gas Market

Greece said on Tuesday it had put the finishing touches on legislation to open to competition the country’s 1.5-billion-euro ($2.03 billion) natural gas market. The Energy Ministry said it had signed into law a batch of rules that clarify licensing and other technical issues.

Hu Jintao to Attend Nuclear Summit in Boost to Obama

Hu Jintao to Attend Nuclear Summit in Boost to Obama

China’s President Hu Jintao will attend a nuclear summit in Washington this month in a boost to the Obama administration’s efforts to combat the spread of bomb- making materials.

Solar PV Sector Reports Record Growth in 2009

Solar PV Sector Reports Record Growth in 2009

The global solar photovoltaic industry experienced strong growth in 2009, adding a record 6.4 gigawatts of new capacity despite the global downturn, the European Photovoltaic Industry Association (EPIA) said on Monday (30 March).