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Kazakhstan Offers Oil To Belarus Refiners After Russia Cut

Kazakhstan Offers Oil To Belarus Refiners After Russia Cut

Kazakhstan has offered to supply oil to Belarus's two refineries after Russia failed to agree new terms for deliveries, Kommersant reports Thursday citing the Kazakh ambassador in Minsk.

Hungary, Russia To Establish South Stream Company Jan

Hungary, Russia To Establish South Stream Company Jan

Hungary and Russia plan to establish a joint venture for the preparation works of the South Stream natural gas pipeline, at the end of January, Hungarian business daily Vilaggazdasag said Thursday, without naming its sources.

Russia, Belarus to hold new round of energy transit talks Jan 22

Russia, Belarus to hold new round of energy transit talks Jan 22

Russian and Belarussian energy companies will hold a new round of the talks on energy supply and transit through Russia’s westernmost Kaliningrad region on January 22, the press service of Inter RAO UES told Itar-Tass on Wednesday.

Greece Wont Need Rescue Package on Debt, Papaconstantinou Says

Greece Wont Need Rescue Package on Debt, Papaconstantinou Says

Greece won’t need a rescue package to tame the European Union’s biggest budget deficit, Finance Minister George Papaconstantinou said as the risk premium on holding Greek government debt rose to the highest since the launch of the euro.

Serbian Power

Serbian Power

Serbia’s biggest coal-fired power plant complex, which accounts for half the country’s electricity generation, will boost output in 2010 to 20.1 billion kilowatt-hours from 19.5 kWh in 2009, an official said.

Germany Proposes 15% Cut In Solar Subsidies

Germany Proposes 15% Cut In Solar Subsidies

The German government is proposing a cut of 15% on the subsidies it gives solar-power providers, Environment Minister Norbert Roettgen said Wednesday, reflecting what the government deems the sector's success, but the move drew sharp criticism from the industry.

German Minister: Solar Can Be More Than Niche Technology

German Minister: Solar Can Be More Than Niche Technology

Photovoltaic solar power plants can make the transition from a niche technology to an integral sector of German power production, the country's environment minister said Wednesday.

Copenhagen Prompts Nations To Take Own Path-UK Science Head

Copenhagen Prompts Nations To Take Own Path-UK Science Head

The failure of last year's Copenhagen climate summit to produce a binding global agreement on reducing greenhouse gases is forcing governments and companies to take a more "bottom-up" approach to cutting emissions, the U.K.'s Chief Scientific Adviser John Beddington said Wednesday.

Oil Falls On China Monetary Policy Concerns

Oil Falls On China Monetary Policy Concerns

Crude futures are down Wednesday on concerns of a tightening in China's monetary policy, which renewed worries about a potential slowdown in commodity demand.

Iran Enters Talks On Supplying Iraq With Natural Gas

Iran Enters Talks On Supplying Iraq With Natural Gas

Iran and Iraq have begun talks that could see the former supplying its neighbor with natural gas, state-run news agency Press TV reports on its Web site Wednesday, citing a senior Iranian gas official.

Europe’s Growing Offshore Wind Capacity

Europe’s Growing Offshore Wind Capacity

Europe’s fledgling offshore wind industry will grow this year by 1,000 megawatts, or 75 percent, the European Wind Energy Association forecast in a report Monday, 18/01/2010.

IEA: Turkey Expects To Emerge From Oil Stocks Dip

IEA: Turkey Expects To Emerge From Oil Stocks Dip

Turkey dipped below the International Energy Agency's required oil-stock level in October, the latest data show, but the country expects November data to show its stock levels to be back in line with the requirement, an official from the IEA said Tuesday.

Russia To Send Envoy To Ukraine After Freeze In Ties

Russia To Send Envoy To Ukraine After Freeze In Ties

Russian President Dmitry Medvedev said Tuesday he would send an ambassador to Kiev after a five-month freeze, news agencies reported, following the election defeat of Ukraine's pro-Western president.