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European Commission Gives Oil Supplies Guarantees to 3 countries

European Commission Gives Oil Supplies Guarantees to 3 countries

Τρι, 29 Δεκεμβρίου 2009 - 09:18

European Commission on Monday issued guarantees to East-European countries – Slovakia, Hungary and the Czech Republic, in the first place – that it will secure the necessary amounts of crude oil for them if problems emerge with the transits of crude from Russia’s Siberian oilfields via the Ukrainian territory.

Dark Days at the Center of Europe

Dark Days at the Center of Europe

Τρι, 29 Δεκεμβρίου 2009 - 09:16

Surrounded by forest, a white granite pillar topped by a ring of golden stars near the village of Purnuskes marks "the geographical center of Europe." Things are looking bleak. The Baltic state of Lithuania -- sandwiched between Latvia and the Russian exclave Kalingrad -- faces an economic contraction of 18 percent for 2009.

Heard On The St: Exxons Chemical Romance

Heard On The St: Exxon's Chemical Romance

Δευ, 28 Δεκεμβρίου 2009 - 14:40

For fans of the fuel, Exxon Mobil's takeover of XTO Energy, announced recently, signals the dawn of the age of natural gas. That is good news for the U.S. chemicals industry. Some 70% of America's production capacity for ethylene, the most common basic building block of chemicals manufacturing, uses gas as a feedstock.

First Section Of Siberian-Pacific Oil Pipeline Opens

First Section Of Siberian-Pacific Oil Pipeline Opens

Δευ, 28 Δεκεμβρίου 2009 - 14:39

Russia's Prime Minister Vladimir Putin opened Monday the first section of the Siberian-Pacific oil pipeline network that will ultimately carry crude to China, Russian news agencies reported.

12 Dead, 11 Missing In China Mine Blasts - State Media

12 Dead, 11 Missing In China Mine Blasts - State Media

Δευ, 28 Δεκεμβρίου 2009 - 14:38

Twelve coal miners have been killed and 11 others trapped in two gas explosions in China, state media said Monday, in the latest accidents to strike the country's notoriously dangerous mining sector.

French Nuclear Body Encouraged By EDF Technical Efforts

French Nuclear Body Encouraged By EDF Technical Efforts

Δευ, 28 Δεκεμβρίου 2009 - 14:38

French state-controlled utility Electricite de France SA (EDF.SA) has stepped up efforts to resolve a technical issue with the new nuclear reactors it is rolling out, newspaper Les Echos quotes an unnamed person close to the country's nuclear safety authority as saying Monday.

Iranian Opposition Claims Widespread Arrests

Iranian Opposition Claims Widespread Arrests

Δευ, 28 Δεκεμβρίου 2009 - 14:35

Iranian opposition Web sites reported Monday the arrest of several prominent reformists, including aides to opposition leaders and a former foreign minister, a day after clashes killed at least eight, the deadliest day of protests since the summer.

Power Line from Kosovo to Albania with German Funds

Power Line from Kosovo to Albania with German Funds

Δευ, 28 Δεκεμβρίου 2009 - 11:40

Kosovo has received a German loan to finance the construction of a 33,5 million euro transmission line to link with Albania’s power grid, said Kosovo’s Economy and Finance Minister, Ahmet Shala last week. The 400 kilovolt line will be complete in three years time.

Uranium to go to Turkey?

Uranium to go to Turkey?

Δευ, 28 Δεκεμβρίου 2009 - 11:34

Iran has said Turkey could be a venue for Tehran to exchange nuclear material with the West, the latest in several counteroffers by the Persian nation that have frustrated US demands it directly accept a key United Nations-drafted deal.

Medvedev Dissatisfied With Copenhagen Climate Summit

Medvedev Dissatisfied With Copenhagen Climate Summit

Πεμ, 24 Δεκεμβρίου 2009 - 16:01

Russian President Dmitry Medvedev Thursday said he was dissatisfied with the results of the recent climate change conference in Copenhagen, news agency RIA Novosti reports on its Web site Thursday.

Russias RusHydro To Invest RUB100 Bln In 2010

Russia's RusHydro To Invest RUB100 Bln In 2010

Πεμ, 24 Δεκεμβρίου 2009 - 15:59

The investment program of Russian hydropower monopoly RusHydro (HYDR.RS) will amount to 100 billion rubles ($3.27 billion) in 2010, the company's Deputy Chief Executive Rustem Khamitov said Wednesday at the Federation Council, the parliament's upper house, the Prime-Tass news agency reports.

Iraq Resumes Oil Exports After Pipeline Sabotage

Iraq Resumes Oil Exports After Pipeline Sabotage

Πεμ, 24 Δεκεμβρίου 2009 - 15:56

Oil exports from northern Iraq resumed Thursday after a temporary halt due to the weekend sabotage of the pipeline to the Turkish port of Ceyhan, the oil ministry said.

LNG Cargo Expected Soon From Snoehvit Field

LNG Cargo Expected Soon From Snoehvit Field

Πεμ, 24 Δεκεμβρίου 2009 - 15:55

Statoil ASA (STO) Wednesday said it will soon export a cargo of liquefied natural gas from its Snoehvit field in north Norway after the onshore processing plant at Melkoeya restarted last week.

Bulgaria Passes Long-delayed CO2 Emissions Plan

Bulgaria Passes Long-delayed CO2 Emissions Plan

Πεμ, 24 Δεκεμβρίου 2009 - 14:15

Bulgaria (AFP)--Bulgaria has finally passed its revised 2008-12 carbon plan, Environment Minister Nona Karadzova said Wednesday. The government allocated carbon-emissions permits to some 132 industrial installations, which they can now trade with other businesses.