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Columbian coal continues to head to Asia
Colombian coal is continuing to head to Asia which is keeping availability tight in Europe and underpinning high prices. Colombian coal is flowing to east Asian countries such as China, South Korea and Taiwan, where it is delivered at a discount of as much as USD 15 per tonne to coal loading at Newcastle in Australia and Richards Bay in South Africa.
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Azerbaijan ready to supply half of its gas production to pipeline project Nabucco
Energy-rich Azerbaijan is ready to supply half its natural gas extracts to the Western-backed Nabucco pipeline intended to pump gas to Europe, a presidential administration official said on Thursday. Nabucco, whose planned pipeline would bypass Russia, is a rival project to the Kremlin-backed South Stream gas pipeline.
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Romania Snubbed Bulgaria over N-Plant Offer
Bulgaria has reportedly unsuccessfully courted Romania as it angles for a new chief investor in its second nuclear power plant Belene to replace the German energy company RWE, which withdrew last autumn.
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Romania Snubbed Bulgaria over N-Plant Offer
WITH the disastrous oil spill in the Gulf, talk has once again turned to clean energy. What few people appreciate is that the demand for everything from solar panels to energy-efficient light bulbs is already booming. Worldwide, $162 billion was spent in new clean-tech investments in 2009 alone.
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Obama Plans Revival of Russian Nuclear Deal
President Obama is preparing to revive a civilian nuclear cooperation agreement with Moscow that his predecessor shelved two years ago in protest of Russia’s war with Georgia, an American ally, administration officials said Thursday.
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Energy's New 'Great Game'
Countries around the globe are racing to lock down energy supplies to ensure economic security. The geopolitical implications are huge
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Time for a nuclear samba
Brazil has advanced a proposal to unblock the Iranian nuclear dossier that is in fact the common view among the BRIC countries (Brazil, Russia, India, China), the emerging geopolitical counter-power to United States hegemony.
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Russia's overtures to Ukraine come while EU is preoccupied
Russia's proposal to combine its gas export monopoly Gazprom with the Ukrainian state energy company was part of a strategy to lock in assets while Europe focused on Greece, Alexander Rahr, a Russia expert at the German council on foreign relations, said on Tuesday.
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