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US Official: Saudis Leading Money Source For Al-Qaida -Report

US Official: Saudis Leading Money Source For Al-Qaida -Report

Saudi Arabia remains the world's leading source of money for al-Qaida and other extremist networks, the Bush administration's top financial counter-terrorism official says, The Los Angeles Times reported Wednesday.

Petrol Ofisi Aims To Open 8 Gas Stations In Georgia 08 -IHA

Petrol Ofisi Aims To Open 8 Gas Stations In Georgia '08 -IHA

ISTANBUL (Dow Jones)--Turkish fuel and oil products retailer Petrol Ofisi AS (PTOFS.IS), or POAS, plans to open eight gas stations in Georgia this year, Chief Executive Melih Turker said Wednesday, the Ihlas News Agency, or IHA, reported.

Enel CEO, Gazprom Chmn Discuss Power, Gas Joint Projects

Enel CEO, Gazprom Chmn Discuss Power, Gas Joint Projects

ROME (Dow Jones)--Enel SpA (EN) Chief Executive Fulvio Conti and OAO Gazprom (GAZP.RS) Chairman Alexey Miller met in Moscow Wednesday to discuss joint projects in power and gas, the two companies said in a statement

EU President in Accord with Carmakers on CO2 Time Frame

EU President in Accord with Carmakers on CO2 Time Frame

European carmakers have presented convincing arguments as they demand more time to meet proposed limits on carbon dioxide (CO2) emissions from their vehicles, EU presidency Slovenia said yesterday.

RES Framework to be Reviewed

RES Framework to be Reviewed

The government is studying possible amendments to the regulatory framework governing the development of renewable energy sources (RES) in response to serious problems arising in the implementation of proposed investment schemes, Development Minister Christos Folias said yesterday.

Turkey Board OKs Ankara Dogal Elektrik Sale To Zorlu

Turkey Board OKs Ankara Dogal Elektrik Sale To Zorlu

Turkey's competition Board said Wednesday it has approved the sale of power plant facilities belonging to Ankara Dogal Elektrik Uretim to Turkish gas and power firm Zorlu Enerji (ZOREN.IS), the Ihlas News Agency, or IHA, reported.

Iraq South Oil Exports 1.44M B/D Since Tue

Iraq South Oil Exports 1.44M B/D Since Tue

Crude oil exports from Iraq's key southern Basra terminal have increased to 1.44 million barrels a day since Tuesday afternoon from only 768,000 barrels a day for two days, a shipping agent told Dow Jones Newswires Wednesday.

CEZ Secures Building Permits For Windmills, Eyes 100MW By 12

CEZ Secures Building Permits For Windmills, Eyes 100MW By '12

Czech power company CEZ AS (BAACEZ.PR) has received building permits to erect 55 windmill power generation units in various locations in the country, that together will have an installed capacity of up to 150 megawatts, the company said in a statement Wednesday.

EU: To Release 2007 Emissions Data At 1200 CET Wed

EU: To Release 2007 Emissions Data At 1200 CET Wed

The European Commission Wednesday confirmed that it will be releasing 2007 verified emissions data for installations covered under the E.U. Emissions Trading Scheme at 1200 CET (1000 GMT) Wednesday.

German Regulator: Switch In Energy Supplier Doubled In 2007

German Regulator: Switch In Energy Supplier Doubled In 2007

Germany's network regulator, the Bundesnetzagentur, Wednesday said that in 2007 the number of retail customers that have changed their energy suppliers is expected to be twice as high as in the previous year.

Turkey Asks Kuwait To Help Build Refinery

Turkey Asks Kuwait To Help Build Refinery

Turkey has asked Kuwait to participate in building a new oil refinery in Turkey, Kuwaiti Minister of Electricity and Water and Acting Minister of Oil Mohammad Al-Olaim said Wednesday, the Ihlas News Agency, or IHA, reported.

Iraq South Oil Exports At 1.44M B/D Since Tuesday

Iraq South Oil Exports At 1.44M B/D Since Tuesday

Crude oil exports from Iraq's key southern Basra terminal have increased to 1.44 million barrels a day since Tuesday afternoon from only 768,000 barrels a day for two days, a shipping agent told Dow Jones Newswires Wednesday.

Russia March Oil Output 9.805M B/D, Up 0.1% On Month

Russia March Oil Output 9.805M B/D, Up 0.1% On Month

Russia produced an average of 9.805 million barrels a day of crude oil and condensate in March, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.

Romanias Petrom in Power Plant Deal with GE, MΕΤΚΑ

Romania's Petrom in Power Plant Deal with GE, MΕΤΚΑ

Romania's largest oil and gas firm Petrom SNPP.BX signed a deal with a consortium made of General Electric Co. and Greece's Metka to build a power plant by September 2011, the company said.