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Iran Receives 6th Shipment Of Russian Nuclear Fuel -Report

Iran Receives 6th Shipment Of Russian Nuclear Fuel -Report

Iran received a sixth shipment of nuclear fuel Thursday from Russia, destined for a power plant being constructed in the southern port of Bushehr, the official IRNA news agency reported.

Kuwait Aref Energy Buys Stakes In 2 US Cos For $75M - Report

Kuwait Aref Energy Buys Stakes In 2 US Cos For $75M - Report

Kuwait's Aref Energy Holding has acquired stakes in the two U.S.-based energy companies, Synfuels and GeoGas for a combined value of $75 million, Kuwait-based daily al Watan reported Thursday.

TNK-BP Now Values Kovykta Stake At $1 Billion - Vedomosti

TNK-BP Now Values Kovykta Stake At $1 Billion - Vedomosti

Russo-U.K. oil venture OAO TNK-BP (TNBP.RS) now values its 62.8% stake in Rusia Petroleum, the operator of the Kovykta gas field, at $1 billion, the Vedomosti business daily cited TNK-BP part-owner Viktor Vekselberg as saying Thursday.

RWE Eyes Acquisitions, New Capacity In Poland - Newspaper

RWE Eyes Acquisitions, New Capacity In Poland - Newspaper

RWE AG (RWE.XE) is interested in the privatization of the Polish power industry, Rzeczpospolita daily reports Thursday, citing Chief Executive of the company's Polish subsidiary RWE Stoen.

Foreign Min: Iran Ready To Export Gas To Europe - Agency

Foreign Min: Iran Ready To Export Gas To Europe - Agency

Iran is ready to export gas to Europe through the Nabucco gas pipeline, the country's foreign minister, Manouchehr Mottaki, was reported as saying by the Iranian Students News Agency or ISNA.

UK Min:Severn Barrage Critical To UK Renewable Targets-Report

UK Min:Severn Barrage Critical To UK Renewable Targets-Report

The GBP15 billion Severn tidal barrage could play a critical role in helping the U.K. to meet a European-set target for a sevenfold increase in its energy from renewable sources, the Financial Times reports Thursday, citing U.K. Minister for Business John Hutton.

Iraq Resumes Kirkuk Oil Exports Via Turkey - Agent

Iraq Resumes Kirkuk Oil Exports Via Turkey - Agent

Iraq has resumed exports of Kirkuk crude oil via Turkish Ceyhan port late Wednesday night after a suspension of more than two weeks, a shipping agent at the terminal said Thursday.

E.ON Ruhrgas CEO: Rising Costs Arent Threatening Nord Stream

E.ON Ruhrgas CEO: Rising Costs Aren't Threatening Nord Stream

E.ON Ruhrgas AG, the natural gas arm of E.ON AG (EONGY) doesn't expect the rising costs of the Nord Stream gas pipeline to pose a threat to the project, which will connect Russia with western Europe.

DJ Polish PKE To Put On Line New 460 MW Power Station In Q1 2009

DJ Polish PKE To Put On Line New 460 MW Power Station In Q1 2009

Poland's second largest power group, Poludniowy Koncern Energetyczny, or PKE, will put on line a new coal and biomass-fired 460-megawatt power station in Bedzin in the first quarter of 2009, PKE said Wednesday.

Russia Min:No Harsh Sanctions Urged In Iran Draft Resolution

Russia Min:No Harsh Sanctions Urged In Iran Draft Resolution

The new draft U.N. resolution on Iran over its disputed nuclear program doesn't call for any harsh sanctions, but encourages other countries to be vigilant, Russian Foreign Minister Sergey Lavrov said Wednesday.

Voestalpine CEO: EU CO2 Targets Will Force Co Out Of Austria

Voestalpine CEO: EU CO2 Targets Will Force Co Out Of Austria

Austrian specialty steelmaker Voestalpine AG (VOE.VI) will have to move production out of Austria if the company can't reach a compromise with the European Commission over new carbon dioxide emission targets, the company's chief executive said Wednesday.

Saudi Kayan $6B Syndicated Loan To Be Signed In Days -Source

Saudi Kayan $6B Syndicated Loan To Be Signed In Days -Source

A $6 billion syndicated term loan facility for Saudi Kayan Petrochemicals Corp.'s new petrochemicals complex is expected to be signed within days, a banker involved in the transaction said Wednesday.

Serbia Allows Russia a Major Role in Energy

Serbia Allows Russia a Major Role in Energy

Serbia cemented its ties with Russia yesterday, allowing Moscow a major role in its economy through an agreement with energy giant Gazprom to develop the Balkan country’s oil and gas industry.

Ankara Αccepts RWE as Nabucco Partner

Ankara Αccepts RWE as Nabucco Partner

Turkish Prime Minister Recep Tayyip Erdogan has approved German energy firm RWE as the sixth partner in the EU-backed Nabucco gas pipeline project, an official at the prime minister’s office said yesterday.