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BP CEO Cancels Speech At Oil Conference

BP CEO Cancels Speech At Oil Conference

Chief Executive Officer Tony Hayward on Tuesday canceled an appearance at the prestigious World National Oil Companies Congress, where he was scheduled to deliver a speech entitled, "Key roles and responsibilities of international oil companies in an age of economic uncertainty."

Iraq PM Warns Of Two More Years Of Power Supply Misery

Iraq PM Warns Of Two More Years Of Power Supply Misery

Iraqi Prime Minister Nouri al-Maliki on Tuesday warned demonstrators who have held bloody protests across southern and central Iraq that there was no quick fix to the country's power supply problems.

Spain Photovoltaic Installations Plunge In 09 As Rules Change

Spain Photovoltaic Installations Plunge In '09 As Rules Change

Only 70 megawatts of photovoltaic solar electricity generating capacity was installed in Spain in 2009 as a change in regulation paralyzed the sector, Javier Anta, the president of the Photovoltaic Industry Association, said Tuesday.

Greek Government on Burgas-Alexandroupolis Pipeline

Greek Government on Burgas-Alexandroupolis Pipeline

The Greek government has not changed policy regarding the construction of the Burgas-Alexandroupolis oil pipeline and is worried about recent negative developments on the part of Bulgaria, Deputy Energy Minister Yiannis Maniatis told Parliament on Monday night.

Denmark Moves on Offshore Wind

Denmark Moves on Offshore Wind

Danish player Dong Energy has been granted a concession to build Denmark’s next major offshore wind farm off the Danish island of Anholt in the Kattegat.

China Rare Earth Limits Said to Be Targeted by U.S.

China Rare Earth Limits Said to Be Targeted by U.S.

China’s restrictions on the export of rare earths used in the manufacture of cell phones and radar are being targeted by the U.S. Trade Representative for a potential trade case, according to industry representatives.

Ambitious Energy Plan Unveiled

Ambitious Energy Plan Unveiled

Investments in renewable energy sources (RES) are seen reaching 16 billion euros by 2020 in order for the country to meet its energy goals, according to the Environment, Energy and Climate Change Ministry.

PPCs Oldest Lignite Unit Closed Down

PPC's Oldest Lignite Unit Closed Down

One of Greece’s oldest and most polluting power stations, in the town of Ptolemaida in northern Greece, was shut down yesterday in what Environment Minister Tina Birbili said was a move designed to show the government’s determination to produce cleaner energy. Birbili pressed the button that led to one of the four lignite power plants in Ptolemaida ceasing to produce energy for the first time since it was opened in 1959

Brazils Petrobras Maintains Aggressive Growth Plans

Brazil's Petrobras Maintains Aggressive Growth Plans

Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) maintained its aggressive growth plans, announcing Monday that the company will invest $224 billion over the next five years.

Protests Grow In Iraq Over Power Rationing As Heat Rises

Protests Grow In Iraq Over Power Rationing As Heat Rises

Hundreds of angry protesters hurled stones at provincial council offices in southern Iraq Monday, wounding 14 police amid growing rage over power rationing in the summer heat, a police official said