Keyword News: ["energy"]

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Monday, August 16, 2010 2:45 AM PDT

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Vedanta to pay $8.5B to $9.6B for Cairn stake AP via Yahoo! Finance Mon, 16 Aug 2010 02:33 AM PDT Vedanta Resources Plc has agreed to pay $8.5 billion to $9.6 billion for a 51 percent to 60 percent stake in the India unit of Britain's Cairn Energy Plc, the companies said Monday. Cairn Energy set to earn windfall from sale of business in India Calcutta News Mon, 16 Aug 2010 02:30 AM PDT Cairn Energy was last night in the final stages of talks to sell part of its holding in its Indian offshoot to mining group Vedanta Resources. Europe Inflation Accelerates to Fastest Since 2008 on Rising Energy Prices Bloomberg Mon, 16 Aug 2010 02:29 AM PDT European inflation accelerated to the fastest pace in 20 months in July on rising energy prices. Grass Greener in South Korea for Korean Americans New America Media Mon, 16 Aug 2010 02:29 AM PDT A growing number of first and second generation Korean Americans with experience in environmental fields are being lured back to South Korea, where the government is spearheading a campaign to promote the nation’s renewable energy and environment sectors. Driven in... Nation's Largest Home Builder Financing Subsidiary Chooses Labor-Saving Equipment To Raise Output EnterpriseContentManagementConnection-ECM Mon, 16 Aug 2010 02:29 AM PDT As WSJ reports that as "firms spend more -- warily," they are sure to budget for "labor-saving equipment" and solutions that "improve energy efficiency, meet regulatory standards, rather than boosting capacity." Iran to begin constructing new enrichment plant next year People's Daily Mon, 16 Aug 2010 02:24 AM PDT Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi said late Sunday that Tehran will begin constructing another enrichment plant by early 2011, state IRIB TV reported. Vedanta To Buy Up To 60% Stake In Cairn India - Update RTT News Mon, 16 Aug 2010 02:19 AM PDT Vedanta Resources Plc (VED.L), an India-focused natural resources company, said Monday it has agreed to acquire 51% to 60% of Cairn India Limited, a unit of Cairn Energy plc (CNE.L), for a total of about US$8.5 billion to US$9.6 billion in cash. The transaction, which would be a reverse takeover, is expected to close by the first quarter of 2011. Future of mine safety Bluefield Daily Telegraph Mon, 16 Aug 2010 02:18 AM PDT A buildup of explosive methane gas gets the blame for the explosion at Massey Energy’s Upper Big Branch Mine, though the exact cause is still unknown. Miner Vedanta buys Cairn India stake up to $9.6 bln Sydney Morning Herald Mon, 16 Aug 2010 02:18 AM PDT London-listed Vedanta Resources said Monday it had agreed to acquire a majority stake in energy explorer Cairn India for up to 9.6 billion US dollars in cash, adding to its core mining business. Euro-zone CPI Rises on Energy Daily FX via Yahoo! Finance Mon, 16 Aug 2010 02:15 AM PDT European inflation accelerated to the fastest pace in 20 months in July on the back of rising energy prices. The 1.7% increase in July from a year earlier is the fastest inflation gain since November 2008, inflation rose 1.4% in June. Energy prices increased 8.1% in July from a year earlier, compared with a 6.2% rise in June. As inflation creeps up toward the ECBs upper band target of 2% it ...

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