Energy

Russia to build nuclear power station in Venezuela

Russia agreed on Friday to build Venezuela's first nuclear power station after talks between Presidents Dmitry Medvedev and Hugo Chavez in the Kremlin.

Google, Marubeni to Lay Cables for U.S. Wind Farm Plan

Young-Sam Cho and Simon Lomax Bloomberg.com 13.10.2010
Google, Marubeni to Lay Cables for U.S. Wind Farm Plan

Google Inc. said it will invest in a $5 billion underwater transmission network that can harvest electricity from wind farms off the Mid-Atlantic coast and power 1.9 million homes across Virginia, New York and New Jersey.


Russia wants to supply all of China's gas needs

GILLIAN WONG My Way News 28.09.2010
Russia wants to supply all of China's gas needs

China and Russia signed agreements Monday to boost energy cooperation, while Moscow said it wants to supply its energy hungry neighbor with all its natural gas needs.

China confirms two nuclear reactors for Pakistan

Chris Buckley Reuters Africa 22.09.2010
China confirms two nuclear reactors for Pakistan

China on Tuesday gave its firmest government confirmation yet of plans to build two new nuclear reactors for Pakistan, but a Foreign Ministry spokeswoman said she did not know about talks over a bigger reactor deal.


Argentina Has Colder Winter Than Antartica, Spurring Record Power Imports

Argentina is importing record amounts of energy as the coldest winter in 40 years drives up demand and causes natural-gas shortages, prompting Dow Chemical Co. and steelmaker Siderar SAIC to scale back production.

Hong Kong Group Bid $9 Billion for British Power Grid

A consortium controlled by Li Ka-Shing, the richest man in Hong Kong, offered Friday to pay more than $9 billion for a power grid in Britain owned by Électricité de France, a move that would further extend the Asian group’s overseas reach.


Chavez threatens U.S. oil cut in Colombia dispute

Frank Jack Daniel Reuters 26.07.2010
Chavez threatens U.S. oil cut in Colombia dispute

Venezuelan President Hugo Chavez threatened on Sunday to cut oil supplies to the United States in case of a military attack from Colombia as a dispute escalated over charges his country harbors Colombian rebels.

Larry Hagman of 'Dallas' fame becomes the new face of SolarWorld

Actor Larry Hagman was all about petroleum when he played oil magnate J.R. Ewing in television's longrunning "Dallas" series. These days, he's pitching solar energy with a new slogan -- "Shine, baby, shine," -- soon to air on a television near you.


Gary Locke

.S. Commerce Secretary Gary Locke arrived in Hong Kong on May 17 for the first stop of a clean energy business development trade mission to promote exports of leading U.S. technologies and services related to clean energy, energy efficiency, and e...

Russia Signs $20 Billion Deal for Turkish Nuclear Power Plant

Russia's ZAO Atomstroyexport signed an agreement to build a power plant with four nuclear reactors on Turkey's southern coast at a cost of as much as $20 billion after more than a year of negotiations.


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Mainland energy giant PetroChina has signed a deal to buy 41 billion American dollars worth of Australian liquefied natural gas over the next 20 years.

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SINGAPORE (Reuters) - Oil fell back below $50 a barrel on Thursday, after surging more than 2 percent as equity markets rallied on signs the U.S. recession was easing, boosting hopes of a demand recovery in world's top energy consumer.


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The International Energy Agency expects global oil demand to decline by 2.4 million barrels a day this year, about the same amount that Iraq produces, as the economic slump reduces consumption to the lowest since 2004.

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Gas is what’s going up, while oil keeps going down; this week, all but one station in our West Seattle-wide survey is charging more, though oil is selling for less than a week earlier.


Oil Is Little Changed After Falling on US Fuel Inventory Gain

Christian Schmollinger Bloomberg.com 05.02.2009
Oil Is Little Changed After Falling on US Fuel Inventory Gain

Crude oil was little changed after falling on a government report that showed U.S. inventories of the fuel jumped more than twice the amount analysts forecast.

Oil Is Little Changed After Falling on US Fuel Inventory Gain

Christian Schmollinger Bloomberg.com 05.02.2009
Oil Is Little Changed After Falling on US Fuel Inventory Gain

Crude oil was little changed after falling on a government report that showed U.S. inventories of the fuel jumped more than twice the amount analysts forecast.


Russia and Ukraine sign gas deal

Oleg Shchedrov and Ron Popeski Reuters 20.01.2009
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MOSCOW/KIEV (Reuters) - Russia and Ukraine signed a 10-year gas supply deal on Monday to clear the way for a prompt resumption of supplies to a freezing Europe, cut off for nearly two weeks by a dispute between the ex-Soviet states.

Ukraine to hold more gas talks in Moscow-Naftogaz

A Ukrainian delegation is likely to travel to Moscow for more gas talks with Russia's Gazprom (GAZP.MM) after three-way negotiations in Brussels, a spokesman for Ukraine's state-run energy company said on Thursday.


Russian gas to southeast Europe halted - Bulgaria

All Russian gas supplies via Ukraine to Bulgaria, Turkey, Greece and Macedonia were halted on Tuesday, Bulgaria's Economy Ministry said.

Citgo Stops US Oil Gifts in Sign Chávez Feels Pain

JOEL MILLMAN and ANA CAMPOY The Wall Street Journal  06.01.2009
Citgo Stops US Oil Gifts in Sign Chávez Feels Pain

Citgo Petroleum Corp., the U.S. refiner owned by the Venezuelan government, will suspend charitable contributions of home heating oil to poor U.S. households -- a sign that falling oil prices may hamstring Venezuelan President Hugo Chávez, whose a...



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