India, Iceland Jointly Explore Geothermal Energy
Due to Iceland’s unique geology, which includes a high concentration of volcanoes, five major geothermal power plants produce approximately 26.2 percent of the nation's energy, while geothermal heating provides for the heating and hot water requirements of approximately 87 percent of all buildings in Iceland.
Stand-off over Belene nuclear project continues
Russian company Atomstroyexport, the contractor on Bulgaria's nuclear power project at Belene, is yet to say whether it has dropped its 58 million euro suit against electricity utility NEK, filed in July in the International Court of Arbitration in Paris.
Russia hopes its proposal can revive Iran nuclear talk
Russia pitched Wednesday a proposal to Iran's foreign minister which it hopes could bring a breakthrough in a confrontation over Tehran's nuclear program, despite doubts in the West that the plan can make much headway.
Ambani's Reliance Toppled by Coal India as Most Valued Company
Billionaire Mukesh Ambani's Reliance Industries Ltd. was toppled as India's most valuable company for the first time in four years by Coal India Ltd. as demand for the fuel attracted investors. Coal India, the world's biggest producer.
Energy security not only Lithuania's concern - MFA
Political director of Lithuanian Ministry of Foreign Affairs Eitvydas Bajarunas met with Climate and Energy Security Envoy of the Government of the United Kingdom, Rear Admiral Neil Morisetti.
Iran, Russia seek nuclear crisis breakthrough
Russia and Iran on Wednesday said a new Russian plan had a real chance of solving the standoff over the Iranian nuclear drive, despite the failure of past initiatives to end a decade of deadlock.
Coal India becomes nation's most valuable company
Mining heavyweight Coal India overtook energy giant Reliance Industries on Wednesday to become India's biggest firm by market value, reflecting strong coal demand to power an expanding economy.
Hong Kong shares rise on bargain buys, China Coal
Hong Kong shares climbed early Wednesday as heavyweights HSBC Holdings PLC and Chinese lenders advanced despite weak overseas cues on more bargain-buying and as China Coal Energy Co. jumped after better-than-expected results.
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