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Turkey, Russia Vow To Proceed With Turkish Nuclear Plant

Τετ, 16 Μαρτίου 2011 - 18:08

President Dmitry Medvedev and Prime Minister Recep Tayyip Erdogan vowed Wednesday to press on with plans for Russia to build Turkey's first nuclear power plant despite the Japanese nuclear accident.

Japan Nuclear Agency: Top Priority Is To Pour Water Into No. 3, No. 4 Reactors

Τετ, 16 Μαρτίου 2011 - 18:07

Japan's nuclear plant regulator said Wednesday the top priority now is to pump water into the No. 3 and No. 4 reactors in the quake-stricken plants in northern Japan to keep spent nuclear fuel stored in them from emitting radiation.

US Semiconductor Industry Warns Of Ripple Effect From Quake

Τετ, 16 Μαρτίου 2011 - 18:07

The earthquake in Japan will cause a "rippling effect" through the global electronics industry, though U.S. semiconductor makers are still assessing the potential impact from the ongoing tragedy, the chairman of the Semiconductor Industry Association said Wednesday.

Rosneft CEO: Seeks Chinese, Indian Partners For Arctic Projects

Τετ, 16 Μαρτίου 2011 - 18:06

Russian state oil producer OAO Rosneft (ROSN.RS) is considering partnering with Chinese and Indian energy companies to work on Arctic projects, Chief Executive Eduard Khudainatov said Wednesday.

EU Energy Ministers To Meet Monday To Discuss Japan Response

Τετ, 16 Μαρτίου 2011 - 18:06

The European Union has called a meeting of energy ministers Monday to discuss Japan's nuclear crisis and its consequences for the region.

EU Members Agree to Stress-Test NPPs

Τετ, 16 Μαρτίου 2011 - 15:07

EU energy ministers gathered in Brussels Tuesday in an emergency meeting in the wake of the nuclear crisis in Japan agreed to stress-test all NPPs operating in the Union.

Wind Market Forecast Predicts Fair Breeze Ahead

Τετ, 16 Μαρτίου 2011 - 14:16

A new five-year industry forecast has predicted a pick up in the wind energy market, with more than 40 GW of new capacity being added in 2011.

Oil Prices May Soar to $150-200 per bbl - Kudrin

Τετ, 16 Μαρτίου 2011 - 14:14

World oil prices may hit $150-200 per barrel in the short term in the wake of continued unrest in the Middle East and a devastating earthquake in Japan, Russian Finance Minister Alexei Kudrin told a banking forum on Wednesday.

Libya Stands By Oil Contracts With West

Τετ, 16 Μαρτίου 2011 - 14:14

Libya will honor all current oil contracts with Western oil companies but the ongoing crisis in the country could affect future cooperation, Deputy Foreign Minister Khaled Kaim said.

BarCap: Japan Quake's Economic, Human Impact Worse Than Kobe

Τρι, 15 Μαρτίου 2011 - 16:46

The Japanese earthquake, tsunami and subsequent nuclear crisis are "expected to inflict more human and physical damage" than the 1995 Kobe earthquake, economists at Barclays Capital said.

With Nuclear Questions, Oil Could See Lasting Rise

Τρι, 15 Μαρτίου 2011 - 16:46

Oil prices fall below $100/bbl on reduced demand from Japan, but the global economy could face permanent increases in energy prices with nuclear power in now in question, Strategas says.

Iraq Panel Submits Bill On National Oil Co. To Parliament

Τρι, 15 Μαρτίου 2011 - 16:45

Iraq's parliament is expected to start soon debating a controversial draft law setting up a new national oil company, a leading Iraqi lawmaker told Dow Jones Newswires Tuesday.

Azerbaijan: Jan-Feb Oil Output 7.9 Mln Tons, Flat On-Year

Τρι, 15 Μαρτίου 2011 - 16:45

Azerbaijan produced 7.9 million metric tons of crude oil in January and February, unchanged from the same period last year, Azerbaijan's state statistics agency said Tuesday.