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China strikes $4.65 billion oil sands dealBeijing (UPI) Apr 14, 2010 China Petrochemical Corporation will buy ConocoPhillips' stake in the Syncrude Canada oil sands project in Alberta for $4.65 billion. The deal, confirmed this week by ConocoPhillips, represents state-owned Sinopec's second investment in an oil sands project since it spent $105 million in 2005 for a share in the Northern Lights project, also in Alberta. Syncrude, the largest oil sands venture in the world, has a production capacity of 350,000 barrels per day. It involves surface mining, e ... read more |
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Moscow (AFP) April 15, 2010Russia on Thursday shut down its last weapons-grade plutonium reactor, in line with a pledge made at a nuclear security summit in Washington this week, officials said. "It was shut down today at 0400 GMT," Yelena Golovinkina, a spokeswoman for the Mining-Chemical Complex in the Siberian city of Zheleznogorsk, which houses the reactor, told AFP. Russian President Dmitry Medvedev had pledg ... more 
Santiago, Chile (UPI) Apr 14, 2010 A Chilean-U.S. nuclear waste disposal arrangement was nearly derailed, with dangerous consequences for North and South America, when a magnitude-8.8 earthquake struck Chile Feb. 27, interfering with deliveries of radioactive waste to U.S. processing plants. Chilean reports on the narrowly missed mishap involving the weapons-grade uranium, published by The Santiago Times, weren't immedia ... more 
Washington (AFP) April 13, 2010From gunmen storming a nuclear site in South Africa to Russian workers scheming to sell uranium, security breaches in recent years have raised fears about the safety of the world's nuclear material. With securing weapons-grade uranium and plutonium the focus of a 47-nation summit underway in Washington, here is a brief summary of incidents over the past two decades in which nuclear materials ... more |
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 Finland does not need three new nuclear plants: minister   Worlds Most Usefull Tree Provides Low-Cost Water Purification   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Africa should harness Chinese oil-interest: analystCape Town (AFP) March 16, 2010 African states should harness Chinese interest as Beijing's demand for commodities drives growth on the continent and fuels capital investments, an energy conference heard on Tuesday. China's investment model in Africa, characterised by long-term capital concessional financing, was a developmental "no-brainer," Martyn Davies, head of the Frontier Advisory firm, told the Oil and Gas Africa expo. "It's very strategic and it's very long-term. The model works provided the extraction continues to tak ... read more |
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