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Alstom, PGE Elektrownia In CO2 Reduction Venture

Alstom, PGE Elektrownia In CO2 Reduction Venture

French power and rail engineering group Alstom SA (1022047.FR) said Monday it has signed a memorandum of understanding with Polish utility group PGE Elekrownia Belchatow SA to develop and implement carbon capture and storage technology.

Russian Nov Oil Exports Via CPC 512,943 Tons

Russian Nov Oil Exports Via CPC 512,943 Tons

Russian oil exports via the Caspian Pipeline Consortium pipeline amounted to 512,943 metric tons in November, TsDU-TEK, which provides data and analysis to the Industry and Trade Ministry, said in a report obtained by Prime-Tass news agency Friday.

EDF Energies Nouvelles Acquires 50% Of Turkeys Polat Enerji

EDF Energies Nouvelles Acquires 50% Of Turkey's Polat Enerji

EDF Energies Nouvelles (EEN.FR) said Monday that it acquired 50% of Turkey's Polat Enerji shares. This Turkish company owns two wind farms in service with 50 MW in total capacity, plus a 80 MW facility under construction, as well as four projects at advanced stages in their development, representing capacity in excess of 200 MW. All these assets are 50%-owned in partnership with another Turkish company.

Iraqs Oil-Rich Basra Province Seeks Autonomy

Iraq's Oil-Rich Basra Province Seeks Autonomy

Iraq's independent electoral commission announced plans on Sunday to collect signatures in support of a referendum to transform the oil-rich province of Basra into an autonomous region.

Ramco Energy Agrees JV With Iraq Drilling Co

Ramco Energy Agrees JV With Iraq Drilling Co

Ramco Energy, the Aberdeen based energy investment company, said Monday that Mesopotamia Petroleum Company (MPC), its 32.7% owned associated company, has agreed a joint venture agreement with Iraq Drilling Company and the only remaining condition is final approval by the Government of Iraq.

Eni CEO, Russia Ministers Met Sun To Discuss Energy Projects

Eni CEO, Russia Ministers Met Sun To Discuss Energy Projects

Eni SpA (E) said Sunday its Chief Executive, Paolo Scaroni, met Russian ministers to discuss energy projects between Italy's biggest oil and natural gas company and the hydrocarbons-rich Eastern European country.

BG Grp, KazMunaiGas Sign Pact On Kazakh Oil, Gas Field Projs

BG Grp, KazMunaiGas Sign Pact On Kazakh Oil, Gas Field Projs

U.K.-based energy company BG Group PLC (BG.LN) and Kazakh state energy company KazMunaiGas signed an agreement Friday to study the oil and gas reserve potential of areas in Kazakhstan and other countries.

Yushchenko Pledges That Ukraine Will Pay Russia For Gas

Yushchenko Pledges That Ukraine Will Pay Russia For Gas

Ukraine will pay in full for its imports of natural gas, and also guarantees that Russian gas bound for Europe through Ukraine will be delivered, President Viktor Yushchenko told AFP Thursday.

Turkeys Anadolu Endustri To Build Power Plant In Sinop

Turkey's Anadolu Endustri To Build Power Plant In Sinop

Turkey's Anadolu Endustri Holding will build a coal-fired thermal power plant in the Black Sea coastal city of Sinop, Yazicilar Holding, a parent company of Anadolu Endustri, said Friday, the Ihlas News Agency, or IHA, reported.

Edison CEO: Turkey Wants 8BCM/Yr Out Of 12BCM Azeri Gas

Edison CEO: Turkey Wants 8BCM/Yr Out Of 12BCM Azeri Gas

Chief Executive Umberto Quadrino of leading Italian energy company Edison SpA (EDN.MI) said Turkey is demanding a large chunk of the natural gas Azerbaijan is offering, but he remains confident a deal can be worked out.

Iraq Oil Min Gives Mixed Signals On Kurdish Contracts

Iraq Oil Min Gives Mixed Signals On Kurdish Contracts

Iraqi Oil Minister Hussein al-Shahrastani gave mixed signals about a possible detente over oil contracts between the central government and the semi-autonomous Kurdish region Friday.