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Ukraine-Russia Deal Part Of Kiev's Tough Balancing Act - US

Πεμ, 22 Απριλίου 2010 - 19:36

U.S. Secretary of State Hillary Clinton said Thursday that Ukraine's landmark naval-base-for-gas deal with Russia was part of a delicate foreign policy "balancing act" for President Viktor Yanukovych.

Solar Industry Divided Over EU Toxic Substances Law

Πεμ, 22 Απριλίου 2010 - 15:45

Solar panel manufacturers are fighting for an exemption from EU legislation restricting the use of dangerous chemicals in electronic products. But some voices are calling for greater scrutiny of the industry, sparking a technology war between rival companies.

Romania to Sell Minority Stakes in Key Energy Companies

Πεμ, 22 Απριλίου 2010 - 14:27

Romania plans to sell minority stakes in key energy companies, including OMV Petrom SA and utilities Transelectrica SA and Transgaz SA in nine months to fund infrastructure projects.

Hydropower Plants Threaten Montenegro’s Green Image

Πεμ, 22 Απριλίου 2010 - 14:25

Investors are increasingly drawn to Montenegro’s scenic coastlines and crystal waters. A country with very little industry, Montenegro prides itself on its ‘wild beauty,’ though infrastructure needs are putting its environmental commitment to the test.

Plant Leak

Πεμ, 22 Απριλίου 2010 - 14:24

Managers at a coal-fired electricity plant near Kozani, northern Greece, and local authorities yesterday stressed that a large leak on the site of ferric chloride, a chemical compound used in industry, did not pose a risk to workers, local residents or the environment.

Gas Contracts with Ukraine not to Affect Contracts with Other Countries - Shmatko

Πεμ, 22 Απριλίου 2010 - 13:25

The revisions of gas contracts with Ukraine will not lead to corrections in contracts with other countries, Russian Energy Minister Sergei Shmatko said on Thursday. "I don't think our talks with Ukraine on gas should be any reason to begin revising our mutual relations with other governments. We will not react to such requests," Shmatko said.

Russia, Ukraine to Step up Work on Gas Transportation Consortium

Πεμ, 22 Απριλίου 2010 - 13:24

Russia and Ukraine will step up efforts to create a consortium on modernizing the Ukrainian gas transportation system, Russian Energy Minister Sergei Shmatko said on Thursday. "We have instructed the Russian-Ukrainian subcommittee on cooperation to step up work, including on the consortium for modernizing the gas transportation system," Shmatko said.

What Will Iran do With Nuclear Weapons? Probably Nothing

Πεμ, 22 Απριλίου 2010 - 13:23

World leaders meeting in Washington last week engaged in a competition to see which could make the strongest remark about Iran not getting an atomic bomb. President Barack Obama has asked Russia, China and other nations to form a united front against the Iranian atomic program. Vice-president Joe Biden recently said, “The United States is determined to prevent Iran from acquiring nuclear weapons

Russian Crude Attracts Japan For Energy Security

Τετ, 21 Απριλίου 2010 - 18:43

Russia's new ESPO blend crude appears gaining recognition in Japan due to geographical proximity, country's aspiration for new energy sources. Russia's presence still small in Japan, where 90% of crude oil imported from Middle East. Nevertheless, Japanese oil industry officials see reasonable possibility Russia becoming larger supplier, helping Japan to boost energy security.

Spain Govt Doesn't Rule Out Retroactive Renewable Subsidy Cut

Τετ, 21 Απριλίου 2010 - 18:43

Spain's government doesn't rule out a retroactive cut in its generous subsidies for renewable power, an industry ministry spokesman said Wednesday.

Iran Denies Plans To Develop US-hitting Missiles

Τετ, 21 Απριλίου 2010 - 18:42

Iranian Defense Minister Ahmad Vahidi denied Wednesday the Islamic republic is planning to develop ballistic missiles capable of striking the U.S., as alleged by Washington. "We have no such plans," Vahidi told the official IRNA news agency, describing the allegations as "part of the enemy's psychological warfare."

IMF Raises China 2011 GDP Growth Forecast To 9.9% From 9.7%

Τετ, 21 Απριλίου 2010 - 18:42

The International Monetary Fund on Wednesday revised upward its forecast for China's 2011 economic growth to 9.9% just three months after it had forecast 9.7% growth, and suggested Beijing could use exchange rate appreciation to deal with excess demand pressures.

Japan, Spain Look At Romanian CO2 Emission Certificates - Mediafax

Τετ, 21 Απριλίου 2010 - 18:41

Romania hasn't yet "officially" started negotiations to sell CO2 emission certificates, but Spain and Japan have already expressed their interest, Romania's Environment Minister Laszlo Borbely said Wednesday, news agency Mediafax reports.