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.
Why Kiev made a dramatic U-turn back toward Moscow
In the space of a few weeks, Ukraine has executed a stunning geopolitical pirouette.
Liberal Democrats Meet Over Tory Offer
No agreement on a new government is likely by Monday morning, a U.K. Conservative party spokesman said Saturday, as Liberal Democrats leader Nick Clegg met with his party to discuss a possible deal with the Conservatives.
Kiev Is Cool to Putin's Gas-Merger Proposal
Ukrainian President Viktor Yanukovych responded coolly Thursday to a Russian proposal to merge the two countries' gas companies, saying even his Kremlin-friendly administration might ignore the idea.
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.
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.
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.
Chancellor Merkel fails to win opposition support for Greece bailout
The German government has failed to win backing from opposition parties for its bill to participate in the Greece bailout. The law is however, still expected to pass on Friday.
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