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Irans Ex-assembly Speaker Vows

Iran's Ex-assembly Speaker Vows

Τρι, 19 Μαΐου 2009 - 20:07

Ex-parliament speaker Mehdi Karroubi will if elected president kick-start reforms in Iran but in a "moderate" way that won't trigger the wrath of his hardline opponents, he told AFP in an interview. Karroubi said he regrets that the "golden opportunity" reformist groups enjoyed under ex-president Mohammad Khatami had been lost but stressed he is against repeating the mistake made then of "radicalizing the reform movement."

Irans Khamenei: US Training Terrorists In Iraq Kurdish Region

Iran's Khamenei: US Training Terrorists In Iraq Kurdish Region

Τρι, 19 Μαΐου 2009 - 19:59

TEHRAN (AFP)--Iran's supreme leader, Ayatollah Ali Khamenei, accused the U.S. Tuesday of training "terrorists" in the Kurdish region of neighboring Iraq. "Behind our western border, the U.S. is training terrorists. It is spending money and handing out weapons to be used against the Islamic republic," he said in a televised speech in the western Iranian province of Kordestan.

The Nuclear Remains an Option

The Nuclear Remains an Option

Τρι, 19 Μαΐου 2009 - 19:24

The pros and cons of nuclear energy took centrestage during the first ever event of the Athens-based Institute for Energy in South East Europe (IENE) at the Sheraton Hotel in Sofia, Bulgaria, today, May the 19th. The workshop entitled “The Nuclear Option for SE Europe: A Critical Appraisal” gathered stakeholder s from Bulgaria, Greece and Romania to delineate where nuclear energy stands in the region.

Worlds Top City Chiefs Meet To Fight Climate Change

World's Top City Chiefs Meet To Fight Climate Change

Τρι, 19 Μαΐου 2009 - 13:59

Leaders of the world's largest cities, which together produce more than two thirds of its climate-changing greenhouse gas emissions, opened a summit here Tuesday hoping to reverse the trend. Executives from the 40 largest cities plus 17 affiliate municipalities are attending the C40 Large Cities Climate Summit in Seoul, the third such event since 2005.

Syrian Oil Min Says Signed Three Refinery Agreements - Report

Syrian Oil Min Says Signed Three Refinery Agreements - Report

Τρι, 19 Μαΐου 2009 - 13:54

Syria has signed three agreements to build new domestic refineries, the country's oil minister said, Kuwait's official Kuna news agency reported late Monday. The first agreement, covering construction of a refinery with capacity to process 140,000 barrels a day of heavy crude oil at Abu Khashab, has been signed between Syria and Kuwait's Noor Financial Investment Co., Kuna cited Oil Minister Sufian Allaw as saying in Kuwait.

Russia Sees Gloom Despite Rise In Oil

Russia Sees Gloom Despite Rise In Oil

Τρι, 19 Μαΐου 2009 - 13:47

Gloomy news about Russia's economy -- figures on Monday showed April industrial production plunged 17% year-on-year -- has been mixed with some rare positives in recent weeks. Oil prices are surging, the ruble is up and Russian stocks have taken off.

Siemens to Provide 175 Wind Turbines For The World’s Largest Offshore Wind Farm London Array

Siemens to Provide 175 Wind Turbines For The World’s Largest Offshore Wind Farm London Array

Τρι, 19 Μαΐου 2009 - 13:10

Siemens Energy will supply 175 SWT-3.6-107 turbines to the London Array offshore wind project, which is owned by DONG Energy, E.ON and Masdar. Upon completion, the London Array project will be the largest offshore wind farm in the world with a capacity of 630 megawatts (MW). There is also an option to further expand the wind farm up to 1,000 MW in the future.

Saudi Hopes To Attract $10.7Bln In Infrastructure By 2013-Min

Saudi Hopes To Attract $10.7Bln In Infrastructure By 2013-Min

Δευ, 18 Μαΐου 2009 - 19:58

Saudi Arabia's oil minister said the kingdom hopes to attract 40 billion Saudi riyals ($10.7 billion) from the private sector by 2013 to help it develop new industrial clusters as part of plans to diversify the country's economy and create jobs.

EIB May Lend CEZ EUR200M For Romanian Wind Proj-Mediafax

EIB May Lend CEZ EUR200M For Romanian Wind Proj-Mediafax

Δευ, 18 Μαΐου 2009 - 19:54

The European Investment Bank, or EIB, may grant Czech power group CEZ AS (BAACEZ.PR) a EUR200 million loan to finance the construction of wind turbines in Constanta county, southeastern Romania, in a project whose total investments is EUR620 million, news agency Mediafax reported Monday.

UniCredit Downgrades Gazprom To Hold

UniCredit Downgrades Gazprom To Hold

Δευ, 18 Μαΐου 2009 - 19:49

UniCredit downgrades Gazprom (GAZP.RS) to hold from buy following the recent rally in Russian equities and on continued negative news flow on pricing and production volumes

Turkmenistan Pres Fires Top Energy Officials – Report

Turkmenistan Pres Fires Top Energy Officials – Report

Δευ, 18 Μαΐου 2009 - 19:43

Energy-rich Turkmenistan has fired two high-ranking officials connected with the secretive Central Asian state's main oil and gas companies, state media reported Monday. "Turkmen President Gurbanguly Berdymukhamedov fired Toyidurdi Durdiev, deputy head of state concern Turkmenneft, and Durdiy Tadzhiev, deputy head of state concern Turkmengaz, for serious deficiencies and errors in their work," the state-run daily Neutral Turkmenistan said.

Saipem Wins 1 Billion Dollars Offshore Contract In Kazakhstan

Saipem Wins 1 Billion Dollars Offshore Contract In Kazakhstan

Δευ, 18 Μαΐου 2009 - 17:32

Saipem SpA (SPM.MI) said Monday it had won an offshore contract in Kazakhstan worth about $1 billion. Saipem, Europe's biggest oil services company by market capitalization, said in a statement that the contract is in partnership with Aker Solutions and includes the hook-up and commissioning of the shore facilities, as well as inshore completion and prefabrication in the Kuryk yard in Kazakhstan.

MOLs Pearl Buy Implies Nabucco Commitment -KBC

MOL's Pearl Buy Implies Nabucco Commitment -KBC

Δευ, 18 Μαΐου 2009 - 17:19

MOL's (MOL.BU) purchase of a 10% stake in Pearl Petroleum implies that MOL has become more supportive of the Nabucco pipeline project versus the South Stream pipeline plan, after Surgutneftegaz's (SNGS.RS) sudden and unwelcome acquisition of a 21.2% stake in MOL, KBC Securities says.

Bahrain To Invite Bids From 19 Cos For Offshore Gas - Report

Bahrain To Invite Bids From 19 Cos For Offshore Gas - Report

Δευ, 18 Μαΐου 2009 - 17:13

BEIRUT (Zawya Dow Jones)--At least 19 companies have shown interest to explore for natural gas in Bahrain's offshore fields, Manama-based Al Waqt daily reports Monday citing Abdulhussein Mirza, the country's Oil and Gas Affairs Minister.