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19.09.2012 13:25Japan Approves Plan to Exit Nuclear Energy
Japan's cabinet has approved a new energy plan to cut the country's reliance on nuclear power in the wake of last year's Fukushima disaster, but dropped a reference to meet a nuclear- free target by the 2030s, ministers said on Wednesday, as quoted18.09.2012 12:21OMV Abandons Shale Gas Plans in Austria
Austrian energy group OMV has abandoned plans to produce shale gas in Austria because the hoops it would have to jump through to address environmental concerns made the project economically unviable, it said on Monday. OMV had said last17.09.2012 14:38The EU Limits Crop-Based Biofuels Production
The EU energy and climate commissioners on Monday confirmed they planned to limit crop-based biofuels to 5 percent of total energy consumption and said they were not pushing for biofuels that would compete with food. "It is wrong to14.09.2012 11:48EC to Accede Intergovernmental Energy Agreements with Countries Outside the EU
The European Parliament adopted a resolution that obliges EU countries to share information on intergovernmental agreements with non-EU members with the European Commission. Bulgarian MEP Vladimir Uruchev commented that Bulgaria can take advantage10.09.2012 14:30Deutsche Bank Faces Fine for U.S. Power-Market Manipulation
Deutsche Bank AG (DBK)’s energy trading unit faces a USD 1.5 million fine and must give up USD 123,198 in profit for allegedly manipulating U.S. power markets, the Federal Energy Regulatory Commission said. Deutsche Bank Energy Trading03.09.2012 11:19Japan to Quit Nuclear Energy
Japan’s new energy strategy will envisage complete abandonment of nuclear power plants. This is the conclusion reached by the participants in a meeting held in the office of Prime Minister Yoshihiko Noda, RIA Novosti reported, as cited by Focus31.08.2012 13:36Unplanned Outage of EDF Cruas 4 Reactor
EDF's 915-MW Cruas 4 nuclear reactor stopped for an unplanned outage at 0855 GMT on Friday, French power grid RTE showed on its website. A spokesman for EDF said the outage concerned a non-nuclear area and could not provide a restart date,31.08.2012 13:18Lukoil Reports New Gas Discovery in Uzbekistan
Russia's top non-state crude producer LUKOIL said on Friday it made a discovery of a new gas and condensate field on South-West Gissar block in Uzbekistan. The company's subsidiary LUKOIL Overseas said well testing resulted in the commercial31.08.2012 11:20CEZ to Decide on Coal Plant Sales by End-2012
Czech electricity company CEZ will decide by the end of the year on the sale of some of the five coal-fired power plants it has put on offer to meet regulatory demands, a spokesman said. CEZ will receive intitial bids on Friday for the planned28.08.2012 11:30Italian Miners Barricade Themselves Underground with Explosives
Up to 100 Sardinian miners armed with hundreds of kilograms of explosives have barricaded themselves nearly 400 metres underground in Italy's only coal mine to put pressure on the Rome government to protect its survival, Reuters reported. The27.08.2012 17:02Crude Oil Loading at Ceyhan Terminal on Hold
The loading of crude tankers has been halted at Turkey's Mediterranean oil export terminal in Ceyhan after a fire in southeastern Turkey on a pipeline from Iraq's Kirkuk oilfields knocked out flows, shippers said on Monday. Between five and 10 tankers27.08.2012 11:36Germany to Finance Eurasia Rail Fair in Turkey
The German Government has recently announced that it will financially support the German exhibitors which will attend the 3rd Eurasia Rail: Rolling Stock, Infrastructure and Logistics Exhibition in Istanbul. The fair set to be organized in Istanbul
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