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RWE-Bulgaria

RWE-Bulgaria

German power utility RWE is still a favorite to become a strategic investor in Bulgaria’s planned 4-billion-euro nuclear power plant, sources close to the talks said yesterday. Bulgaria has asked RWE and Belgian Electrabel, owned by France’s GDF Suez, to improve their offers for a 49 percent stake in the plant it is building to restore the country’s position as a leading electricity exporter in Southeast Europe.

Kashagan 1st Oil Now Seen In 14

Kashagan 1st Oil Now Seen In '14

Kazakhstan's giant Kashagan field in the Caspian Sea is now seen delivering first oil production in 2014, later than the previously announced date of October, 2013, the head of a Kazakh energy association said Thursday.

Kazakhstan Wont Drop Caucasus Export Route For Oil

Kazakhstan Won't Drop Caucasus Export Route For Oil

Kazakhstan won't drop the Caucasus as an export route for its oil despite regional tensions caused by a conflict between Georgia and Russia, chief executive of Kazakh state oil and gas company said Thursday.

Edison To Sign A Gas Deal With Azerbaijan By Yr-End

Edison To Sign A Gas Deal With Azerbaijan By Yr-End

Edison SpA (EDN.MI) plans to sign a gas supply agreement with Azerbaijan by the end of the year, Chief Executive Officer Umberto Quadrino told Italian newspaper Corriere della Sera in an interview published Friday.

IEA Urges EU Unity In Dealing With Energy Suppliers

IEA Urges EU Unity In Dealing With Energy Suppliers

European Union member countries should deal collectively with their most important energy suppliers, particularly Russia, so that individual countries are less vulnerable to supply disruptions caused by foreign conflicts, the International Energy Agency said in a report Thursday.

Nabucco Pipeline On Track Despite Georgia-Russia Conflict

Nabucco Pipeline 'On Track' Despite Georgia-Russia Conflict

The Nabucco gas pipeline, which seeks to link central Asia's gas fields with Europe, is on track despite the Russia-Georgia conflict, the project's chief executive said in an interview published Friday.

BP Retains Its Stake In TNK-BP

BP Retains Its Stake In TNK-BP

BP PLC signed a deal to end a bitter conflict with its Russian partners in TNK-BP Ltd., loosening its grip on Russia's third-largest oil producer but retaining its 50% stake.

Ukraine Pres Firm On Foreign Policy Despite Govt Collapse

Ukraine Pres Firm On Foreign Policy Despite Govt Collapse

Ukraine will push ahead with efforts to join the European Union and North Atlantic Treaty Organization despite Wednesday's collapse of Kiev's pro-western coalition, President Viktor Yushchenko said in an interview with the Financial Times published Friday.

Iraq Invites Bids For 40,000 Tons Fuel Oil

Iraq Invites Bids For 40,000 Tons Fuel Oil

Iraq's State Oil Marketing Organization, or SOMO, has invited local and foreign companies to bid for a four-month term contract to lift 40,000 metric tons of fuel oil from its Baiji refinery, the Oil Ministry's Web site says.

Gazprom Resumes Full Gas Supply Via Yamal-Europe Pipe

Gazprom Resumes Full Gas Supply Via Yamal-Europe Pipe

Russian natural gas giant OAO Gazprom(GAZP.RS) has fully resumed gas supplies through the Yamal-Europe gas pipeline to the European Union, a spokesman for Gazprom told Prime-Tass news agency Thursday.

Bosnia Oil

Bosnia Oil

A Bosnian oil company is looking for international partners to explore domestic oil fields that may contain more than 100 million barrels, officials said yesterday. Bosnia’s biggest energy company, state-run Energoinvest, invited foreign companies to explore five already identified sites in the next five years.

Argolida Looks for Clean Water

Argolida Looks for Clean Water

Authorities in the Peloponnesian prefecture of Argolida, where thousands of residents have been drinking bottled water since July due to the high level of toxic nitrates in their tap water, are seeking approval to exploit the freshwater springs of Anavalos. But recent studies suggest that the Anavalos water too is far from pure.

No Οutlet for Τoxic Ιndustrial Waste

No Οutlet for Τoxic Ιndustrial Waste

Hundreds of thousands of tons of toxic industrial waste is festering outside factories and in makeshift dumps across the country as authorities have failed to create the necessary facilities to process it and exporting the waste to countries that have the technology to do so is too costly.

EU To Put Brakes On Quick Membership For Ukraine

EU To Put Brakes On Quick Membership For Ukraine

Ukraine's hopes of becoming a candidate for E.U. membership, which had increased amid the conflict in Georgia, are likely to be deflated at an E.U.-Ukraine summit next week, European diplomats said Wednesday.

Russia Sets Terms For Pulling Out Troops From Georgia

Russia Sets Terms For Pulling Out Troops From Georgia

Russia will withdraw its troops from its "buffer zone" in Georgia when they are replaced by international peacekeepers and once the Georgian government has signed non-aggression pacts with the breakaway regions of South Ossetia and Abkhazia, the Guardian newspaper quotes Moscow's ambassador to the U.K., Yuri Fedotov, on its Web site Wednesday.