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New Assessment Of Iran Redraws Political Lines

New Assessment Of Iran Redraws Political Lines

Τετ, 5 Δεκεμβρίου 2007 - 02:31

U.S. intelligence's surprising conclusion that Iran halted its nuclear-weapons program four years ago started redrawing political lines yesterday, as Democratic presidential candidates clashed over the issue and major powers stated their aversion to coercive action against Tehran.

DJ CEZ Seeks To Buy Local Lignite Coal Mine For $1.6B

DJ CEZ Seeks To Buy Local Lignite Coal Mine For $1.6B

Τετ, 5 Δεκεμβρίου 2007 - 02:21

PRAGUE (Dow Jones)--Czech state-owned power utility CEZ (BAACEZ.PR) seeks to buy the largest Czech lignite coal mine for 28 billion koruna ($1.6 billion), the Mlada Fronta Dnes newspaper reported Wednesday, citing undisclosed sources.

Greece To Freeze Compensation Of Subsidies To PPC

Greece To Freeze Compensation Of Subsidies To PPC

Τετ, 5 Δεκεμβρίου 2007 - 02:19

ATHENS (Dow Jones)--The Greek government has decided not to compensate electric utility Public Power Corporation SA (PPC.AT) for state-mandated social subsidies it provides, after a recent decision to hike electricity tariffs, financial daily Imerisia reports Wednesday.

MOL Unveils Initiative To Set Up Joint CEE Gas Transit Co

MOL Unveils Initiative To Set Up Joint CEE Gas Transit Co

Τετ, 5 Δεκεμβρίου 2007 - 02:09

BUDAPEST (Dow Jones)--Hungarian oil and gas company MOL Nyrt. (MOL.BU) Wednesday unveiled an initiative to set up an integrated natural gas transmission company for Central and southeastern Europe.

Romania Lawmakers OK Draft Law Annulling Petrom Sale-Mediafax

Romania Lawmakers OK Draft Law Annulling Petrom Sale-Mediafax

Τετ, 5 Δεκεμβρίου 2007 - 02:07

BUCHAREST (Dow Jones)--Romania's senate, the upper house of the country's parliament, tacitly cleared Monday a draft law filed by a far-right party, which annuls the sale of Romania's largest oil company Petrom (SNP.RO) to Austria's OMV AG (OMV.VI), news agency Mediafax reported Wednesday

AT A GLANCE: OPEC Delegates Lean Towards No Change In Output

AT A GLANCE: OPEC Delegates Lean Towards No Change In Output

Τετ, 5 Δεκεμβρίου 2007 - 02:04

Two senior OPEC delegates said they see the group holding current output policy unchanged at its last meeting of the year in Abu Dhabi Wednesday, opting instead to meet again in January to review market conditions. Any decision still needs to be ratified by the full OPEC group and is subject to change.

Russia-China Phase 1 Crude Pipeline Cost $12B

Russia-China Phase 1 Crude Pipeline Cost $12B

Τετ, 5 Δεκεμβρίου 2007 - 01:58

BEIJING (Dow Jones)--The first phase of a pipeline that will bring crude oil from Russia to China has risen to $12 billion due to the weakening U.S. dollar against major currencies, a Russian government official said Wednesday.

Biomass Power Generation Begins To Spark

Biomass Power Generation Begins To Spark

Τρι, 4 Δεκεμβρίου 2007 - 01:59

BEIJING (Dow Jones)--China has been promoting biomass as a fuel since the 1950s, but only now is the country starting to harness the potential of burning tree branches and crop stalks to generate large volumes of electricity.