Search Results for: Russia

BY KEITH NUTHALL

TARGETED investments aimed at improving energy self-sufficiency and efficiency maybe the key result of a grand European Union (EU) ‘Energy 2020’ strategy, released this month (November 10) by the European Commission. Building on existing reforms to liberalise and green EU energy production and delivery, the policy paper proposes ensuring energy efficiency is a criteria of public procurement by member states, and also that energy efficiency certificates are created to encourage sustainable energy investment by industry.…

BY KEITH NUTHALL

CLIMATE control concerns will be integrated into all investment and advisory services offered by the International Finance Corporation (IFC), of the World Bank. It has created a new ‘Climate Business Group’ to undertake this work and grow IFC climate-related investments to more than US dollars USD3 billion within three years.…

BY ALEX PESHKOV

A SPECIAL tanker built to haul radioactive waste from Andreyeva Bay, Russia’s Northern Fleet largest storage facility, will be launched at an Italian shipyard this month (November), Russian officials have told World Nuclear News. Russia hopes to completely clean up Andreyeva Bay, on the Kola Peninsular, near the Norwegian border, Europe’s largest radioactive waste burial ground, by 2020.…

BY EUGENE VOROTNIKOV

SABMiller RUS, a subsidiary of SABMiller plc, has warned of declining beer sales in Russia, despite officially opened its third plant in the country. The new plant is located in the city of Ulyanovsk, on the River Volga, with an initial annual capacity of 3 million hectolitres, and costing Russian Roubles RUB7.2 billion (US dollars USD216 million) to build.…

BY KEITH NUTHALL

THE RUSSIAN government received unusual praise from a Revenue Watch Institute and Transparency International assessment of public disclosures of oil, gas and other mineral management. It placed Russia third, out of 41 countries, behind Brazil and Norway. Mexico and Chile were fourth and fifth.…

BY ROBERT STOKES

EXPORT development and digital trends dominated discussion at the 30th annual staging of Liber, Spain’s leading book fair, in Barcelona last week.

With Spain still gripped by recession, short-term hopes rest on exports and e-books. Government figures released at Liber showed book exports of all kinds rose 5.4% to EUR482 million (GBP402 million) in 2011.…

BY MARK GODFREY

THE CEO of a Canadian mining company in litigation with the Mongolian authorities over the alleged expropriation of uranium rights has told World Nuclear News: "Uranium exploration and development in Mongolia is going nowhere at the moment." CEO of Toronto-based Khan Resources Grant Edey argued Mongolia’s Nuclear Energy Law, passed in 2009, is a "disincentive to invest and our experience has raised the question of tenure of assets with all other players."…

BY JOHN PAGNI

THE NORD Stream natural gas pipeline, linking Russia with Germany, is not just making political waves, but inspiring technological innovations. Its developers appear to be taking environmental issues seriously. This could appease the project’s doubters.

When completed by the end of 2012, two parallel pipelines will stretch 1,224 kilometres from Vyborg in Russia to Greifswald on Germany’s Baltic coast, linking with EU networks, notably those run by DONG Energy (Denmark), Germany’s E.ON…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has approved a new monitoring system for EU wholesale markets for natural gas, with the Agency for the Cooperation of Energy Regulators (ACER) being charged with detecting and deterring market abuse and manipulation.…

BY ALAN OSBORN

DEFINING a niche drink is an arbitrary matter and what may pass as niche today may well be considered mainstream tomorrow. Flavoured vodka, for instance, had a relatively specialised following in Europe until a few years ago – now it is classified as an official spirit drink under European Union (EU) regulations.…