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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.

Lukoil To Drill 12 Offshore Wells In Guinea

Lukoil To Drill 12 Offshore Wells In Guinea

Δευ, 5 Ιουλίου 2010 - 18:55

Russian oil producer OAO Lukoil Holdings (LKOH.RS) plans to drill twelve wells off the coast of Guinea in West Africa over the next two and a half years, the company said Monday.

Saudi King: Halt To Oil Exploration To Save Wealth

Saudi King: Halt To Oil Exploration To Save Wealth

Δευ, 5 Ιουλίου 2010 - 15:47

Saudi Arabia's King Abdullah has ordered a halt to oil exploration operations to save the hydrocarbon wealth in the world's top crude exporting nation for future generations, the official Saudi Press Agency, or SPA, reported late Saturday.

China Convicts U.S. Geologist of Stealing State Secrets

China Convicts U.S. Geologist of Stealing State Secrets

Δευ, 5 Ιουλίου 2010 - 15:45

A geologist accused of stealing state secrets after he brokered the sale of an oil database has been sentenced to eight years in jail, the U.S. embassy said on Monday, over two-and-one-half years after he was detained.

BP Eyes Stake Sale as Spill Cost Tops $3 billion

BP Eyes Stake Sale as Spill Cost Tops $3 billion

Δευ, 5 Ιουλίου 2010 - 15:44

Shareholders in British oil company BP balked at reports it would seek urgent investment from a wealthy Middle East or Asian country as clean-up costs for its U.S. oil spill topped $3 billion.

Solar Thermal Electricity (STE) Reaches Marketability

Solar Thermal Electricity (STE) Reaches Marketability

Δευ, 5 Ιουλίου 2010 - 15:39

A joint study by A.T. Kearney and the European Solar Thermal Electricity Association, ESTELA, shows the growing mid-term potential of STE to progressively substitute conventional energy sources and complement the renewable energy sources portfolio with a cost-competitive dispatchable solutio

Russian Oil Output Reaches Post-Soviet High In June

Russian Oil Output Reaches Post-Soviet High In June

Παρ, 2 Ιουλίου 2010 - 19:17

Russia, the world's biggest oil producer, boosted output to a post-Soviet high of 10.13 million barrels a day of crude oil and gas condensate in June, up from 10.08 million in May, Interfax news agency reports Friday, citing statistics from the Energy Ministry.