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Arctic States To Meet Amid Resources, Military Concerns

Δευ, 29 Μαρτίου 2010 - 17:45

Five Arctic states meet Monday in the Canadian city of Chelsea to bolster regional cooperation amid concerns of a military build-up and opposition to the tapping of its rich resources.

Russia to Set Aside 40 tons of Low-Enriched Uranium for Guaranteed Pool

Δευ, 29 Μαρτίου 2010 - 16:38

Russia will set aside 40 metric tons of low-enriched uranium by the end of this year to provide guaranteed services of the nuclear fuel cycle, Russia's civilian nuclear power chief said on Monday.

EU Biofuels Target Borderline Sustainable, Report Finds

Δευ, 29 Μαρτίου 2010 - 12:06

Going beyond a 5.6% share of biofuels in transport fuel could harm the environment, found a new report made public by the European Commission yesterday (25 March), suggesting that the EU's current target is only borderline sustainable.

British Gas Jumps the Gun with Smart Meters for a Million Families

Δευ, 29 Μαρτίου 2010 - 11:59

British Gas is to put smart meters in a million homes this year as part of an ambitious programme that will create 2,500 jobs and could cut household energy bills by at least £1 billion over the next ten years.

Falkland Islands Oil Hopes Dampened

Δευ, 29 Μαρτίου 2010 - 11:57

Remember the excitement (and controversy) about new drilling for oil off the Falklands Islands by four UK companies? Well, some initial exploratory drilling results are in, and they don’t sound especially promising:

Greece to Sell 7-Year Bonds in First Issue Since Rescue Accord

Δευ, 29 Μαρτίου 2010 - 11:54

Greece is selling a benchmark issue of seven-year bonds in its first debt offering since the European Union and International Monetary Fund pledged to help the debt-ridden nation finance its budget deficit.

ConocoPhillips To Cut Lukoil Stake To 10%, Buy Back $5B Of Stock

Τετ, 24 Μαρτίου 2010 - 19:20

U.S. oil giant ConocoPhillips (COP) plans to halve its stake in OAO Lukoil Holdings (LUKOY, LKOH.RS) to 10% and launch a $5 billion stock-buyback effort as the company detailed a number of steps as part of its effort to boost its lagging stock price.

Iberdrola Plans To Build 5 GW European Offshore Wind Power

Τετ, 24 Μαρτίου 2010 - 19:19

Spanish power utility Iberdrola SA (IBE.MC) has plans to build 5 gigawatts in offshore wind power capacity in Europe, compared with 4.8 GW it previously announced, Chairman Ignacio Galan said Wednesday.

Enel Talks To Banks On EUR8B Loan Refinance

Τετ, 24 Μαρτίου 2010 - 19:19

Italian utility Enel SpA (ENEL.MI) is talking to banks about an EUR8 billion loan to refinance part of the EUR35 billion debt used to back Enel's takeover of Spanish peer Endesa in 2007, people familiar with the situation said Wednesday.

Kazakhstan Aims For 40% Share Of Japan's Uranium Market-Report

Τετ, 24 Μαρτίου 2010 - 19:18

Kazakhstan plans to boost its uranium exports to Japan and increase its share on the Japanese uranium market to 40% from 4%, Russian news agency RIA Novosti reports on its Web site Wednesday, citing an interview with the Kazakh foreign minister.

Total CEO Doesn't Believe A European Carbon Tax Is Feasible

Τετ, 24 Μαρτίου 2010 - 19:18

French oil major Total SA's (TOT) Chief Executive Christophe de Margerie said Wednesday he doesn't believe a European carbon tax is feasible, and added that if such a tax were to be introduced it should be global or not at all.

Moscow Confirms Will Sign Russia-US Nuclear Disarmament Treaty In Prague-Embassy

Τετ, 24 Μαρτίου 2010 - 19:17

The new Russian-U.S. nuclear disarmament treaty will be signed in Prague, Moscow's ambassador to the Czech Republic confirmed Wednesday.

Russian Oil Firm LUKoil Expects to Return to Iran Project

Τετ, 24 Μαρτίου 2010 - 18:05

Russia's largest private crude producer LUKoil said on Wednesday it hoped to return to its Iran project under more favorable economic conditions. "We have kept our rights to this project and are ready to return to it under a favorable economic situation," Stanislav Kuzyayev, head of LUKoil Overseas in charge of company's projects abroad, said