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French Court Rejects Carbon-Emissions Tax

Πεμ, 31 Δεκεμβρίου 2009 - 11:19

France's constitutional court struck down a new tax on carbon emissions, dealing a blow to President Nicolas Sarkozy, who has made fighting climate change a key part of his tenure.

Oil, Gas Upstream Spending In Indonesia To Rise 47% In 2010

Πεμ, 31 Δεκεμβρίου 2009 - 11:18

Oil and gas companies in Indonesia plan to raise upstream spending by 47% to $15.99 billion next year from $10.87 billion this year, the chairman of upstream regulator BPMigas said Thursday.

Lithuania Counts Down To Nuclear Shutdown

Πεμ, 31 Δεκεμβρίου 2009 - 11:17

Lithuania braced for the E.U.-ordered shutdown of a key nuclear plant on Thursday, a move set to push up electricity prices in a deep economic crisis and leave it counting on former master Moscow for power.

China Unlikely To Introduce Fixed Solar Tariffs Soon

Πεμ, 31 Δεκεμβρίου 2009 - 11:17

China is unlikely to introduce a fixed tariff regime for solar power supplied to the grid in the near future, the Shanghai Securities Journal reported Thursday, citing a senior energy official.

Sinopec: Shengli Oilfield 2009 Crude Output 27.91 Million Tons

Πεμ, 31 Δεκεμβρίου 2009 - 11:16

China Petroleum & Chemical Corp. (SNP), or Sinopec Corp., produced a record 27.91 million metric tons of crude oil at its largest Shengli oilfield this year, the company's in-house newsletter said Thursday.

Sonangol Signs Initial Pacts For Two Iraq Oil Fields

Τετ, 30 Δεκεμβρίου 2009 - 15:05

Sociedade Nacional de Combustiveis de Angola, better known as Sonangol, signed Wednesday in Baghdad two initial deals to develop Qaiyarah and Najmah oil fields in northern Iraq, officials said.

Canada Approves PetroChina Investment In 2 Oil-Sands Projects

Τετ, 30 Δεκεμβρίου 2009 - 15:05

Canadian Industry Minister Tony Clement has approved PetroChina International Investment Co.'s application under the Investment Canada Act to acquire control of the MacKay and Dover oil-sands projects in Alberta, saying he's satisfied the investment is likely to be of net benefit to Canada.

Iran Urges Supporters To Take To The Streets Wednesday

Τετ, 30 Δεκεμβρίου 2009 - 15:04

The Iranian authorities urged supporters out onto the streets of major cities Wednesday in a show of force against the opposition which it accuses of being "pawns of the enemies."

Foreign Consortium Wins $10 Bln Turkmen Gas Contracts

Τετ, 30 Δεκεμβρίου 2009 - 15:04

A consortium of U.A.E.-based, Chinese and South Korean companies have won a tender worth a total of $10 billion to develop Turkmenistan's South Yolotan gas field, the state information agency reported late Tuesday.

Kazakhstan Top Global Uranium Producer In 2009

Τετ, 30 Δεκεμβρίου 2009 - 15:03

Kazakhstan surpassed Canada to become the world's leading uranium producer after raising production by 63% to 13,500 metric tons in 2009, state nuclear fuel company Kazatomprom said Wednesday.

China Issues First Batch Of Coal Export Quotas For 2010

Τετ, 30 Δεκεμβρίου 2009 - 15:02

China has issued its first batch of coal export quotas for 2010 at 25.5 million metric tons, Reuters reported Wednesday citing sources.

Tehran's Biggest Fear

Τρι, 29 Δεκεμβρίου 2009 - 15:50

The biggest threat to the ruling ayatollahs and generals in multi-ethnic Iran does not come from the embattled democratic opposition movement struggling to reform the Islamic Republic. It comes from increasingly aggressive separatist groups in Kurdish, Baluch, Azeri and Arab ethnic minority regions that collectively make up some 44 percent of Persian-dominated Iran’s population.

UAE Splits The Atom Club

Τρι, 29 Δεκεμβρίου 2009 - 14:46

It is hard to imagine a more politically sensitive new energy project than the Arab world's first nuclear power plants. But by awarding the $20.4 billion contract to a group of South Korean companies, the United Arab Emirates has shrugged off lobbying from Washington and Paris and gone for the cheapest and simplest industrial option.