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6 Firms Team Up To Sell Nuclear Power Technology

6 Firms Team Up To Sell Nuclear Power Technology

Τρι, 6 Ιουλίου 2010 - 18:42

Japan moved to secure its role in the global, civil nuclear sector Tuesday by setting up a government-backed organization to promote Japanese technology and fight off competition for multibillion-dollar contracts from rivals such as South Korea.

Enel Sees Italy Modifying Green Subsidy Cuts

Enel Sees Italy Modifying Green Subsidy Cuts

Τρι, 6 Ιουλίου 2010 - 18:41

Italy's biggest utility Enel SpA (ENEL.MI) expects the government to soften plans to cut public incentives for renewables, Chief Executive Fulvio Conti said Tuesday, after lawmakers shocked the sector last month with proposed austerity measures that could halt investment across the sector.

Heritage To Pay 30% Of $404M Tax On Tullow Deal Now-Uganda Min

Heritage To Pay 30% Of $404M Tax On Tullow Deal Now-Uganda Min

Τρι, 6 Ιουλίου 2010 - 18:41

Heritage Oil Ltd. (HOIL.LN) has agreed to pay upfront 30% of the disputed $404 million capital gains tax bill on the sale of its Uganda assets to Tullow Oil PLC (TLW.LN), Ugandan Energy and Minerals Minister Hilary Onek said Tuesday.

Kuwait Official Says Raising BP Stake A Bad Idea

Kuwait Official Says Raising BP Stake A Bad Idea

Τρι, 6 Ιουλίου 2010 - 18:41

A member of Kuwait's top oil policy committee moved Tuesday to distance the Gulf country from increasing its stake in BP PLC (BP, BP.LN) as speculation continues that Middle East investors are preparing to rescue the struggling U.K. company.

Bulgaria Plans New Pipeline With Greece

Bulgaria Plans New Pipeline With Greece

Τρι, 6 Ιουλίου 2010 - 17:30

Bulgaria plans to overcome its overwhelming dependence on Russian energy by building new gas pipeline links with neighboring Greece, Romania, Turkey and Serbia, a draft energy strategy showed yesterday. It is also seeking Western investors for a planned new nuclear power plant at Belene and aims to fight climate change more effectively as well as improving energy efficiency.

China to Host Climate Talks Before Mexico Meeting

China to Host Climate Talks Before Mexico Meeting

Τρι, 6 Ιουλίου 2010 - 16:08

China will host an extra round of international negotiations in October aimed at fostering agreement over a new climate treaty, the United Nations' top environment official said in remarks published on Monday.

Killing BPs Macondo Oil Well Takes Mud, Precision Pressure

Killing BP's Macondo Oil Well Takes Mud, Precision Pressure

Τρι, 6 Ιουλίου 2010 - 16:06

BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a “kill” process that may take as little as two days or drag out because of complications caused by the well’s depth.

Renewables Increasing Share of Energy Generation in EU

Renewables Increasing Share of Energy Generation in EU

Τρι, 6 Ιουλίου 2010 - 16:01

Renewable energy sources accounted for 62 per cent (17GW) of the new electricity generation capacity installed across the 27 member states of the European Union in 2009, an increase from 57 per cent in 2008, according to a European Commission report.

Libyan Oil Chief:Countrys SWF Should Buy Stake In BP

Libyan Oil Chief:Country's SWF Should Buy Stake In BP

Δευ, 5 Ιουλίου 2010 - 18:57

Libya should buy a strategic stake in BP PLC (BP.LN) to take advantage of its weak share price following the giant oil spill from one of its wells in the Gulf of Mexico, the country's top oil official told Zawya Dow Jones.

Spain Renewables Shares Lifted By Agreement With Government

Spain Renewables Shares Lifted By Agreement With Government

Δευ, 5 Ιουλίου 2010 - 18:56

Spanish renewable energy shares rose Monday after the government and part of the industry announced Friday an agreement on the new rules that will be applied in coming years to wind- and solar thermal-generated energy technologies.