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 Havana (UPI) Jul 30, 2009 
Russia has secured re-entry into Cuba's potentially promising energy sector with contracts that give Russian oil company Zarubezhneft access to the exclusive economic zone in the Gulf of Mexico and possibly other parts of the energy industry.
Russian Deputy Prime Minister Igor Sechin, who met with Cuban President Raul Castro and other officials during a visit this week, said the ... read more
Guangzhou, China (AFP) July 30, 2009A controversial oil refinery project in southern China will be relocated after it was criticised by environmental groups, a senior Chinese official said Thursday. Wang Yang, Communist Party secretary of Guangdong province, said the joint venture between China's Sinopec and Kuwait Petroleum Corporation will be moved from its original location in Nansha. "The Nansha refinery project had ... more
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Reykjavik, Iceland (UPI) Jul 30, 2009 Magma Energy Corp. is buying a minority stake in Iceland's geothermal producer HS Orka as part of its concerted effort to expand its geothermal power portfolio across the Western Hemisphere. The Vancouver-based company already has the Soda Lake power generation plant in Nevada and various exploration properties throughout the western United States, Chile, Argentina and Peru. ... more 
Hanoi (AFP) July 31, 2009A watchdog has kicked off a study to look at proposed hydropower developments on the Mekong River and their impact on the tens of millions of people living along it, officials said Friday. The probe has been launched to help countries affected by the projects decide whether they want to go ahead with them. The results are expected by July or August next year, Damian Kean, spokesman for t ... more  
Shanghai (AFP) July 31, 2009New loans issued by Chinese banks in July are expected to not exceed 500 billion yuan (73.2 billion dollars), less than a third of that lent in June, state media reported Friday. The sharp decline from the 1.53 trillion yuan of new loans last month was in line with expectations, the official Shanghai Securities News reported, citing unnamed sources. Chinese banks, which issued a record 7 ... more |
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Washington (AFP) July 29, 2009US lawmakers on Wednesday saw a new spirit of cooperation with China after top-level talks here, but some pointed to climate change as a looming dispute that could divide the Pacific powers. The United States and China this week held their first in-depth policy dialogue under President Barack Obama, who declared that the relationship between the biggest developed and developing nations would ... more  
Beijing (AFP) July 30, 2009Torrential rain and landslides have killed at least 66 people and left another 66 missing in south and central China since the beginning of June, state media reported Thursday. More than 30,000 people have been forced to relocate to avoid floods and landslides in the provinces of Sichuan, Jiangxi, Hunan and Guizhou, and in the region of Guangxi Zhuang, the Xinhua news agency said. In sou ... more  
Paris (AFP) July 29, 2009Climate change is speeding up the release of carbon dioxide from frigid peatlands in the sub-Arctic, fuelling a vicious circle of global warming, according to a study to be published Thursday. An increase of just 1.0 degree Celsius (1.8 degrees Fahrenheit) over current average temperatures would more than double the CO2 escaping from the peatlands. Northern peatlands contain one-third of ... more |
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