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Russia warns of E. Europe oil supply cutMoscow (UPI) Dec 29, 2009 Russia has served notice it may cut its crude oil supplies to Eastern Europe because of Ukrainian demands for higher transit fees, officials said. The Russian notification about possible disruptions in Russian oil supplies, starting as early as Jan. 1, was followed by comments from Slovak officials, who said they had been informed of a possible disruption. Slovak authorities have begun making alternative arrangements for imports of crude oil overland and by rail from sources other than Russia. Similar backup operations are under way in the Czech Republic and Hungary. ... read more |
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Tehran (AFP) Dec 29, 2009Iran is ready to swap abroad its low-enriched uranium for nuclear fuel, the foreign ministry's spokesman said on Tuesday, insisting that the exchange should happen in several stages. Iran is ready for "fuel swap in several stages and has said that this can be an opportunity for the two sides" to build confidence, Ramin Mehmanparast told reporters. "If this principle is accepted by the ot ... more 
Paris (AFP) Dec 29, 2009The French nuclear power sector is to re-focus its strategy, notably in Britain and the United States, after losing out to a South Korean consortium on a 20.4-billion-dollar project in the United Arab Emirates. "The French team spent too much time getting itself together," Claude Gerant, the French presidential secretary general, told the newspaper Les Echos. The French group Areva, the ... more  
Shanghai (AFP) Dec 28, 2009Bank of Tokyo-Mitsubishi UFJ said Monday it plans to issue yuan-denominated bonds in China early next year after becoming the first foreign commercial bank to obtain government approval. The Japanese bank, which was given the green light by China's banking regulator on Thursday, will issue one billion yuan (146.4 million dollars) in bonds on the interbank bond market through its Chinese unit ... more |
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 Seoul seeks to boost nuclear activities   Chinese car park makes space for women only   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Beijing (UPI) Dec 28, 2009 China adopted an amendment to its renewable energy law Saturday that requires utilities to buy all the power produced by generators of renewable energy sources such as wind and solar power. Power enterprises that refuse to do so will face fines up to an amount double that of the economic loss of the renewable energy company, state-run news agency Xinhua reports. The amendment a ... more  
Stanley, Falkland Islands (UPI) Dec 28, 2009 British forces mounted a warfare exercise involving navy and air force personnel in the Falkland Islands, scene of a 1982 conflict between Argentina and Britain and more recently of intense oil and gas exploration activities. The two-day operation, code-named Cape Bayonet, simulated an enemy invasion in which the British air force's Typhoon multi-role fighter and navy ships took part, M ... more 
Moscow (AFP) Dec 28, 2009Prime Minister Vladimir Putin launched Russia's long-awaited Siberian oil export route Monday, giving energy-hungry Asia a new supply source from the world's largest crude exporter seeking to diversify its client base away from Europe. Putin, clad in a heavy winter parka, pushed a button that initiated the first filling of an oil tanker bound for Hong Kong at a new oil terminal near the Russ ... more |
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  Chinese airline to buy 16 Airbus A330s: company   China likely to become top global exporter in 2009: govt  Smart Grid spending set to grow worldwide |
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