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China Power Consumption in May up 5% on Year - NEA

China Power Consumption in May up 5% on Year - NEA

China's power consumption in May totaled 426.9 billion kilowatt hours, an increase of 5% from a year earlier, the National Energy Administration said on Friday.

Crude Oil Aims at Four-Month High as Syria Worries Loom

Crude Oil Aims at Four-Month High as Syria Worries Loom

Crude-oil futures accelerated toward a four-month high Friday as the U.S. government's decision to play an active role arming rebels in Syria raised concerns about tension in the oil-rich region.

European PV Installations to Fall by More than 6 GW in 2013

European PV Installations to Fall by More than 6 GW in 2013

European photovoltaic (PV) installations are forecast to fall by more than 6 gigawatts (GW) in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS (NYSE: IHS).

TAP Continues to Receive Strong Political Support in South Eastern Europe

TAP Continues to Receive Strong Political Support in South Eastern Europe

The Minister s of Foreign Affairs of six countries – Albania, Bosnia and Herzegovina, Croatia, Greece, Italy and Montenegro – met in Dubrovnik, Croatia, on 12th June to demonstrate their support for the Trans Adriatic Pipeline (TAP) and for the Ionian Adriatic Pipeline (IAP).

Deadline for Unpaid PPC Bills

Deadline for Unpaid PPC Bills

Electricity bills including the special property tax for 2012 will need to be paid by June 21, as Public Power Corporation has said that it will submit a list of all unpaid levies to the Finance Ministry on June 22 so that they may be collected by tax authorities.

RWE Considers Mothballing Plants Over Poor Power Prices

RWE Considers Mothballing Plants Over Poor Power Prices

German utility RWE AG (RWE.XE) continues to consider mothballing its power plants amid weak electricity prices that have made many conventional gas and coal-fired power plants across Europe unprofitable, executive board member Rolf Martin Schmitz said Wednesday.

Merkel Says Germany Must Scale Back Support For Green Energy

Merkel Says Germany Must Scale Back Support For Green Energy

Germany must scale back its financial support for the development of renewable energy to contain spiraling costs that could damage its economic competitiveness, Chancellor Angela Merkel said Wednesday.

Egypt Oil Minister Rules Out Quotas for Fuel Smart Cards

Egypt Oil Minister Rules Out Quotas for Fuel Smart Cards

Egypt won't include quotas when it introduces smart cards for subsidized fuel despite the government being under pressure to cut expenditure, the country's oil minister Sherif Haddara said Thursday.

Balkan Ministers Give Support for the TAP and IAP Pipelines

Balkan Ministers Give Support for the TAP and IAP Pipelines

Montenegro Deputy Prime Minister and Minister of Foreign Affairs and European Integration Igor Luksic participated today, 12 June in Dubrovnik at the joint meeting of foreign ministers of the Trans-Adriatic pipeline (TAP) and the Ionian-Adriatic pipeline (IAP).