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Russia Eyes New Unit at Bulgaria's Kozloduy Nuclear Plant

Παρ, 11 Δεκεμβρίου 2009 - 12:29

Russia has officially voiced its interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession. "If the Bulgarian government opens a tender for an investor in the new nuclear facility, we will definitely take part in it," Genadij Tepkyan, Vice President of Atomstroyexport told journalists in Sofia

Oil To Average $85/Bbl In 2010 -Barclays Capital

Πεμ, 10 Δεκεμβρίου 2009 - 20:01

Oil prices will average $85 a barrel in 2010, Barclays Capital forecasts. Prices should range between $70-$100 a barrel next year. There will be little potential for the oil price spike of '08 due to spare supply capacity from OPEC, Kevin Norrish, managing director of commodity research told a press conference for its 2010 Global Outlook.

GE Wins $1.4 Bln Turbine Contract For Massive Wind Farm

Πεμ, 10 Δεκεμβρίου 2009 - 20:01

General Electric Co. (GE) won a $1.4 billion contract to supply Caithness Energy LLC with large turbines for a massive wind farm, set to be the world's largest once it's up and running.

Divides Emerge In Search For Copenhagen Deal

Πεμ, 10 Δεκεμβρίου 2009 - 20:00

The 12-day summit, which ends Dec. 18, aims to set bold new targets for cutting greenhouse gas emissions, measures to cope with the consequences of global warming and how the program will be financed.

Poland,Russia Reach Deal On Gas Supplies From Gazprom

Πεμ, 10 Δεκεμβρίου 2009 - 19:59

The governments of Poland and Russia have finalized negotiations on an agreement under which Russia's OAO Gazprom (GAZP.RS) will supply additional amounts of natural gas to Poland as of next year, the Polish Economy Ministry said in a statement Thursday.

UK Met Office:10 Years To Cut Emissions, Limit Temperature

Πεμ, 10 Δεκεμβρίου 2009 - 19:59

Carbon emissions must begin to fall within 10 years if the world is to meet targets on limiting temperature rises, the BBC reports on its Web site Thursday, citing research from the U.K. Meteorological Office.

Greek Ship Released In Somalia Awaiting Military Escort

Πεμ, 10 Δεκεμβρίου 2009 - 19:58

A Greek-owned vessel released by Somali pirates Thursday after a six-month seizure was awaiting assistance from an international navy force patrolling the area, its operating company said.

Kepco To Sign Pact For $1B Hydropower Project In Georgia

Τετ, 9 Δεκεμβρίου 2009 - 17:01

State-run utility Korea Electric Power Corp. (015760.SE), or Kepco, said Tuesday it will sign a binding agreement with the Georgian government later in the day to build, own and operate three dams on the Rioni river.

Russia Energy Min: Leonid Bokhanovsky Elected GECF Genl Secy

Τετ, 9 Δεκεμβρίου 2009 - 16:51

The Gas Exporting Countries Forum, or GECF, has appointed Russia's Leonid Bokhanovsky as General Secretary, Russia's energy ministry said Wednesday.

ONGC Videsh May Bid For Halfaya Oil Field In Iraq

Τετ, 9 Δεκεμβρίου 2009 - 16:47

A consortium comprising India's Oil & Natural Gas Corp. (500312.BY), Oil India Ltd. (533106.BY) and Turkish Petroleum Corp. is likely to bid for exploration the Halfaya oil field in Iraq, under the country's second round of licensing this week, the Press Trust of India reported Wednesday, citing sources.

Turkey Petrol Ofisi Begins Court Case Over TRY42.8M Fine

Τετ, 9 Δεκεμβρίου 2009 - 16:46

Turkish fuel and oil products retailer Petrol Ofisi AS (PTOFS.IS) said Wednesday it has begun court proceedings over a 42.8 million Turkish lira ($28.5 million) fine imposed last December after an audit of its 2003 accounts, the Ihlas News Agency, or IHA, reported.

Iran's Nuclear Head: Co-operation With IAEA Priority

Τετ, 9 Δεκεμβρίου 2009 - 16:44

The head of Iran's nuclear body said it is the country's priority to work with the International Atomic Energy Agency, the ISNA news agency reports Wednesday.

EDF To Lead French Consortium Bidding For UAE Contract

Τετ, 9 Δεκεμβρίου 2009 - 16:43

French state-controlled power giant Electricite de France (EDF.FR) is considering leading a consortium of French companies to bid for a nuclear contract in the United Arab Emirates, French business daily Les Echos reports Wednesday, without citing sources.