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Bulgaria Faces EU Anger over Wind Energy Restrictions

Bulgaria Faces EU Anger over Wind Energy Restrictions

The European Commission may launch an infringement procedure over limitations on projects for producing energy from wind-energy sources, the Bulgarian wind-energy association has warned, Sofia News Agency wrote.

Enel Opens Worlds 1st 16MW Hydrogen-Run Plant

Enel Opens World's 1st 16MW Hydrogen-Run Plant

Enel SpA (ENEL.MI) Monday said it opened the world's first hydrogen-run power plant as the Italian utility beefs up its green credentials ahead of the planned multibillion-euro sale of its renewables unit set for the fall.

BP: Close To Installing Cap Over Well, Could Be Done Monday

BP: Close To Installing Cap Over Well, Could Be Done Monday

BP PLC (BP, BP.LN) plans to install a new sealing cap Monday morning that could contain all of the oil spewing from the well as part of the U.K. oil giant's latest effort to the stop leak in the U.S. Gulf of Mexico, the company's chief operating officer said.

Eni CEO: To Sign Agreement With EGPC On Iraq Project

Eni CEO: To Sign Agreement With EGPC On Iraq Project

Eni SpA (E) Chief Executive Paolo Scaroni said Monday he will sign an agreement later this month to work on a project in Iraq with Egypt's Egyptian General Petroleum Corporation.

US To Issue New Moratorium On Deepwater Drilling

US To Issue New Moratorium On Deepwater Drilling

The Obama administration plans to issue a new order to halt deepwater oil and natural gas drilling projects Monday, two people familiar with the matter said.

Italys Enel Says Talks on Sale of Bulgarian Power Plant In Progress

Italy's Enel Says Talks on Sale of Bulgarian Power Plant In Progress

Italy's Enel on Friday said the talks on the sale of its 73% stake in Bulgaria's Maritsa East 3 thermal power plant are still in progress. Earlier on Friday, Sofia-based Trud daily reported that the sale of the stake for 800 million euro ($630.5 million) will be officially announced within two weeks.

Italy Set to Cut Solar Incentives

Italy Set to Cut Solar Incentives

Italy's new, long-awaited solar incentive plan includes gradual cuts in feed-in tariffs of up to 30 percent next year and 6 percent in both 2012 and 2013, two industry sources told Reuters on Friday.

EU Mulls Beefing Up Energy Savings Policy

EU Mulls Beefing Up Energy Savings Policy

Günther Oettinger, the EU's energy commissioner, said last week (8 July) that he would assess the need for stronger EU regulation on energy efficiency in the context of a new policy "action plan" to be presented in 2011.

Uranium Bottoming as China Boosts Stockpiles

Uranium Bottoming as China Boosts Stockpiles

China is buying unprecedented amounts of uranium, signaling that prices are poised to rebound after three years of declines. The nation may purchase about 5,000 metric tons this year, more than twice as much as it consumes, building stockpiles for new reactors, according to Thomas Neff, a physicist and uranium- industry analyst at the Massachusetts Institute of Technology in Cambridge.

Russias Sakhalin Gas Companies Raise H1 Output by 60 pct

Russia's Sakhalin Gas Companies Raise H1 Output by 60 pct

Oil companies on Russia's Pacific island of Sakhalin in the first six months of this year extracted 12.740 billion cubic meters of gas, or 61% more than in the same drilling period last year, an official from the Natural Resources and Environmental Protection Ministry said on Monday.

Iran Plans to Begin Production of Own Nuke Fuel by Autumn 2011

Iran Plans to Begin Production of Own Nuke Fuel by Autumn 2011

Iran plans to begin production of its own fuel in late August-early September of 2011, vice-president and the head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi, told Iran’s news agencies on Monday.

Iberdrola Renovables Output +17% In 2Q On US Wind

Iberdrola Renovables Output +17% In 2Q On US Wind

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Friday said its electricity output surged in the second quarter amid surging wind power production in the U.S.