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White House Warns Iran Over Hormuz Confrontation

White House Warns Iran Over Hormuz Confrontation

JERUSALEM (AFP)--The White House Wednesday warned Iran over a weekend confrontation between Iranian speedboats and U.S. warships in the Strait of Hormuz.

Kazakhstan Files Tax Claim Vs Kashagan Operator Agip

Kazakhstan Files Tax Claim Vs Kashagan Operator Agip

ALMATY, Kazakhstan (Dow Jones)--The Kazakh government has filed a tax claim against Eni SpA-led (E) Agip KCO, the operator of the giant Kashagan oil field in the Caspian Sea, Deputy Finance Minister Daulet Yergozhin was quoted by Interfax news agency as saying Wednesday.

Shell, Total Vie For Gas Field In Iraq

Shell, Total Vie For Gas Field In Iraq

LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB.LN) and Total SA (TOT) are vying to develop a huge gas field in what was Iraq's most violent province as a source for exports to Europe, The Times of London reports Wednesday, without citing sources

UK Cabinet Backs Building New Nuclear Power Stations -Reports

UK Cabinet Backs Building New Nuclear Power Stations -Reports

LONDON (Dow Jones)--U.K. ministers gave their backing to government plans for a new generation of nuclear power stations at Tuesday's cabinet meeting, just two days ahead of Thursday's announcement on their plans, The Financial Times reports without citing sources

EU Officials Say Carbon Plan Will Hurt Key Industries -FT

EU Officials Say Carbon Plan Will Hurt Key Industries -FT

BRUSSELS (Dow Jones)--Plans to curb carbon emissions in the European Union likely will force some heavy industries to leave the bloc, the Financial Times reported Wednesday, citing documents from the European Commission.

Greek Importers Report Increased Car Sales for 2007

Greek Importers Report Increased Car Sales for 2007

Last year proved to be the best of the last three in the local car market, with sales rising by 4.5 percent from 2006. In absolute figures, sales in 2007 reached 279,794 units, up from 267,706 units in 2006. If December 2007 had not registered a 17 percent annual decline, then the total rise would have been even greater.

Iran To Restart Exporting Natural Gas To Turkey Mon-IHA

Iran To Restart Exporting Natural Gas To Turkey Mon-IHA

TEHRAN (Dow Jones)--Iran will restart natural gas flow to Turkey from Monday, the country's Vice Minister of Oil Ministry in charge of natural gas Riza Kesaizade said Tuesday, the Ihlas News Agency, or IHA reported.

Sarkozy Vows To Defend French Companies From Foreign Funds

Sarkozy Vows To Defend French Companies From Foreign Funds

PARIS (Dow Jones)--French President Nicolas Sarkozy pledged Tuesday to actively defend French companies from the assault of foreign investment funds, giving way to a new wave of economic patriotism.

Belgian Authorities: Suez Illegally Spied On Electrabel - AFP

Belgian Authorities: Suez Illegally Spied On Electrabel - AFP

BRUSSELS (AFP)--Belgian authorities found Tuesday that French utilities group Suez (SZEZY) illegally eavesdropped on its Belgian unit Electrabel in 2004, but decided there were no grounds for a criminal trial, a lawyer for Suez said.

Analysts:Hormuz Incident Likely Timed For Bush Mideast Visit

Analysts:Hormuz Incident Likely Timed For Bush Mideast Visit

The harassment of U.S. Navy ships by Iranian boats in the Straits of Hormuz - through which nearly a fifth of the world's crude is shipped - was likely timed to occur just ahead of President George W. Bush's upcoming trip to the Middle East, analysts said.

Spain Wont Lift Endesa Takeover Conditions -Source

Spain Won't Lift Endesa Takeover Conditions -Source

MADRID (Dow Jones)--Spain's government plans to maintain the conditions it imposed on the takeover of electricity utility Endesa SA (ELE.MC) by Italy's Enel SpA (EN) and Spain's Acciona SA (ANA.MC), a person close to the situation said Tuesday.

FOCUS: EnergyMixx Plans Sukuk As Islamic Finance Goes Green

FOCUS: EnergyMixx Plans Sukuk As Islamic Finance Goes Green

SINGAPORE (Dow Jones)--Switzerland-based EnergyMixx AG (EM2.XE)is working on what it says will be the first Islamic bond from a renewable energy firm, a move that highlights the overlap between Shariah-compliant and socially responsible investing.

Suez To Sell Belgian Nuclear Capacity To SPE - Newspaper

Suez To Sell Belgian Nuclear Capacity To SPE - Newspaper

BRUSSELS (Dow Jones)--French energy company Suez (SZE) is close to a deal to sell nuclear energy to Belgium's second-biggest energy company SPE, de Tijd reports, citing sources at the cabinet of Belgian Prime Minister Guy Verhofstadt.