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Kazakhstan Pipeline Blasts Cut Gas Supply

Kazakhstan Pipeline Blasts Cut Gas Supply

Two blasts ripped through a gas pipeline owned by Intergas Central Asia JSC in Kazakhstan’s Mangistaus region, on Wednesday, the republic’s Emergency Ministry said.

Russia Seeks To Balance Budget With $70 Oil By 2015

Russia Seeks To Balance Budget With $70 Oil By 2015

Russia will seek to balance its budget by 2015, based on oil at $70 per barrel, Finance Minister Alexei Kudrin said Tuesday, signaling that new strategies will be needed as the country struggles to erase its first deficit in years.

Germany Wont Contribute To Ecuador Nature-For-Oil Plan

Germany Won't Contribute To Ecuador Nature-For-Oil Plan

Germany won't consider contributing to a fund for the Yasuni-ITT project that would compensate Ecuador for not extracting oil from an Amazon reserve, Dirk Niebel, Germany's minister for Economic Cooperation and Development, said in a letter last week.

Nigeria Lead Contamination May Affect 18,000 People: U.N.

Nigeria Lead Contamination May Affect 18,000 People: U.N.

More than 200 children are thought to have died in Nigeria following massive lead contamination that has affected an estimated 18,000 people because of illicit gold mining, the U.N. said Tuesday.

Greenpeace: Targets Chevron UK Oil Drilling Rig With Protest

Greenpeace: Targets Chevron UK Oil Drilling Rig With Protest

Environmental group Greenpeace said Tuesday it has targeted a drilling rig under contract to Chevron Corp. (CVX) in the U.K. in a protest similar to one that briefly shut down Cairn Energy PLC (CNE.LN) operations in Greenland last month.

Endesa, Mitsubishi Sign Deal On Electric Cars

Endesa, Mitsubishi Sign Deal On Electric Cars

Enel SpA's (ENEL.MI) Endesa SA (ELE.MC) unit and Japan's Mitsubishi Corp. (6503.TO) have signed a memorandum of understanding to cooperate on electric cars, Endesa said in a release Tuesday.

Turkey Questions Sanctions on Iran

Turkey Questions Sanctions on Iran

In an interview on the sidelines of the United Nations' annual General Assembly meeting here, Mr. Gul said Turkey would adhere to sanctions imposed by the U.N. on Iran. But, he said, punitive economic measures against Iran are "not productive." In general, he said, such steps risk breeding "hatred and hostility among the people."

How Greece Can Get Around a Debt Restructuring with the Help of Creditors

How Greece Can Get Around a Debt Restructuring with the Help of Creditors

One of the questions is how the land lies at the moment with Greece’s debt in the hands of foreign institutions including the European Central Bank. Greece and the international representatives of the International Monetary Fund, the European Commission and the European Central Bank, known collectively as the troika, insist the country is on track to meet its budget deficit goal for this year and benefit from the adoption of bold structural reforms in the medium-term

Romanian Regulator Gives CEZ OK On Renewable Power Plant

Romanian Regulator Gives CEZ OK On Renewable Power Plant

Czech state-owned power company CEZ AS (BAACEZ.PR) Monday said that the Romanian energy regulatory office, or ANRE, awarded it permits to produce electricity using renewable sources including wind power.

IEA Chief: More Effort Needed To Reach Emission Cut Targets

IEA Chief: More Effort Needed To Reach Emission Cut Targets

The world needs to step up efforts to reduce greenhouse gas emissions, and use all available energy generation options, including nuclear power and carbon capture and storage, Nobuo Tanaka, executive director of the International Energy Agency, said Monday.

Lukoil Announces Tender For Iraqs West Qurna-2

Lukoil Announces Tender For Iraq's West Qurna-2

Russian oil company OAO Lukoil Holdings (LKOH.RS) has issued four tenders for the multibillion project to develop Iraq's supergiant West Qurna Phase 2 oil field in southern Iraq, the company said Monday.

Chinas Main Nuclear Power Co In Talks To Build Plant In Pakistan

China's Main Nuclear Power Co In Talks To Build Plant In Pakistan

China's main nuclear power company said it is in talks to build a one-gigawatt nuclear power plant in Pakistan, even as the two countries face U.S. and Indian concerns over their cooperation to build other plants in Pakistan.

New Roll-Out Solar Cells Could Revolutionize the Photovoltaic Market

New Roll-Out Solar Cells Could Revolutionize the Photovoltaic Market

A startup company called Eight19, a collaborative effort of Cambridge University’s Cavendish Laboratory and UK environmental group the Carbon Trust is here to give a new dimension to the field of solar energy. The company is working on the of new organic solar PV technology that holds the potential to make solar cell installation easier and cheaper.