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News
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.
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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.
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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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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.
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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.
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Ethiopia: Petroleum Enterprise to Import South African Coal
The Ethiopian Petroleum Enterprise (EPE) is to import coal from South Africa with the aim of securing a sustainable supply of coal as an alternative source of energy for cement factories in Ethiopia, Fortune has learnt.
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Iran welcomes Russia nuclear proposals
Iran welcomes Russia's latest proposals for restarting the dialogue on Tehran's atom program, top nuclear negotiator Saeed Jalili said Tuesday after meeting with his Russian counterpart Nikolai Patrushev, the state television's website reported.
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Turkmenistan, Afghanistan Discuss TAPI Gas Pipeline Project...
A meeting was held with a delegation from the Afghani Ministry of Mines at the Turkmen Ministry of Petroleum and Mineral Resources, the "Neutral Turkmenistan" newspaper said.
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