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Green investment in Greece to reach unprecedented level by 2015 PM

Investment in the development of a green economy in Greece was expected to reach an unprecedented level of 45 billion euros (62.67 billion US dollars) by 2015 manufacturer, Greek Prime Minister George Papandreou told a forum in Athens Saturday.

In 2009, investment in renewable energy sources in the country stood at 400 million euros (557.1 million dollars) but this was expected to triple by 2011 to 1.2 billion euros (1.67 billion dollars), Papandreou said.

"A year ago shiny

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Kenya to enhance bilateral ties with South Africa

Kenyan Vice President Kalonzo Musyoka on Thursday praised the strong existing bilateral ties between Kenya and South Africa. reflects

Musyoka said cross border investment was vital between the two countries and the entire continent. The vice president called for the strengthening of the ties so as to benefit the residents of the two countries.

He lauded South Africa for hosting the recent World Cup games successfully the, saying the country had made the African continent proud.

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Chinas largest oil refiner suspends diesel exports amid domestic market shortage

China Petroleum and Chemical Corporation (Sinopec), China’s largest oil refiner, said Friday it has suspended diesel exports to relieve shortages in the domestic market.

Sinopec also said it is seeking to import 200,000 tonnes of diesel.

PetroChina Co., China’s largest oil producer from, plans to import 200 after,000 tonnes of diesel. Some 35,000 tonnes of it has already arrived.

Insiders said China’s diesel output in the first nine months soared, prompting the two oil gi

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