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EUR42/MWh Under NOME Would Be Neutral For EDF -CFO

Τετ, 19 Μαΐου 2010 - 18:51

A new electricity tariff regulation in France would be neutral for French state-controlled power giant Electricite de France SA (EDF.FR) if the price is set at EUR42 per megawatt hour, EDF's Chief Financial Officer Thomas Piquemal said Wednesday in an interview with Dow Jones Newswires.

UK May Be Net Offshore Energy Power Exporter By 2050 - Study

Τετ, 19 Μαΐου 2010 - 18:50

The U.K. could become a net exporter of offshore-generated renewable electricity by 2050 by utilizing just under a third of its total offshore wind, wave and tidal energy resources, a report said Wednesday.

Portugal's EDP Renovaveis Sees Net Pft Nearly Doubling By '12

Τετ, 19 Μαΐου 2010 - 18:49

Portuguese renewable energy company EDP Renovaveis SA (EDPR.LB) said Wednesday its net profit will nearly double in the next three years due to increased electricity generation.

Exxon, BG, BP, Eni Seek Stake In India Oil, Gas Field

Τετ, 19 Μαΐου 2010 - 18:49

Exxon Mobil Corp. (XOM), BG Group PLC (BG.LN), BP PLC (BP) and Eni SpA (E) are seeking to buy a stake in an oil and gas block leased by Oil & Natural Gas Corp. (500312.BY), India's flagship oil producer.

Igor Sechin's Comments About Russian Oil

Τετ, 19 Μαΐου 2010 - 18:12

gor Sechin, Deputy Prime Minister and Chairman of Rosneft, said this afternoon that the government will submit new oil tax proposals to the Prime Minister by the year-end. The oil industry, in particular, Rosneft, has been battling with the Finance Ministry for a significant reduction in its tax bill

Cyprus Pushes Ahead With New Licensing

Τετ, 19 Μαΐου 2010 - 17:25

Cyprus said today it was close to proceeding with a second licensing round for offshore oil exploration and is wrapping up the preparatory work.

Nuclear Cooperation Deal to Bring Russian Technologies to U.S.

Τετ, 19 Μαΐου 2010 - 13:23

A Russia-U.S civilian nuclear cooperation deal will help Russian companies enter the U.S. nuclear technology market and allow nuclear operators from both countries to gain access to unique reactor-building and nuclear fuel technologies, Russian experts said.

Iraq April Oil Exports 1.76M B/D, Down 4.3% On Month

Τρι, 18 Μαΐου 2010 - 19:14

Iraqi crude oil exports in April fell 4.3% to 1.76 million barrels a day, compared with 1.84 million barrels a day in March, due to rough weather at the southern oil terminal and sabotage at the northern oil export pipeline, a spokesman for the Iraqi oil ministry told Dow Jones Newswires Tuesday.

BP Reports Progress In Stemming Gulf Spill, But Fears Grow

Τρι, 18 Μαΐου 2010 - 19:13

BP PLC (BP) reported further progress Tuesday in stemming a gushing Gulf of Mexico oil spill as concerns grew for Florida's sensitive coral reefs and political fallout from the disaster spread.

Clinton: US, Russia, China Agree Iran Sanctions Draft Resolution

Τρι, 18 Μαΐου 2010 - 19:12

The United States, Russia and China have reached agreement on a "strong draft" UN resolution on sanctions against Iran, U.S. Secretary of State Hillary Clinton said Tuesday.

Few New Nuclear Plants Likely By 2020 –Simmons

Τρι, 18 Μαΐου 2010 - 19:12

Only four or five new nuclear power plants are likely to be constructed in the U.S. by 2020, analysts with Simmons & Company International write in a note to clients. "Within the US, despite recent positive talk from the Federal Government, in general we believe that the 'new nuclear' build-out is progressing at a slower pace than we would like to see," Simmons writes.

Medvedev: Russia Would Welcome Ukraine In Security Bloc-Report

Τρι, 18 Μαΐου 2010 - 19:11

Russian President Dmitry Medvedev said Tuesday that Russia would welcome Ukraine taking a role in the Collective Security Treaty Organization, but any decision to participate must be made by Ukraine alone, the RIA Novosti news agency reports.

Turkish Foreign Minister Urges West To Drop Iran Sanctions Talk

Τρι, 18 Μαΐου 2010 - 19:11

Turkey's Foreign Minister Ahmet Davutoglu called on Western powers Tuesday not to weaken the chances of a nuclear fuel swap deal with Iran with talk of new sanctions.