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Energy Blast, March 27, 2008

The Federal Migration Service says its tax evasion probe into BP was not part of any “special actions” against the company. Former Unified Energy System’s power producer OGK-1 will be bought for $7 billion by Electricite de France and a Russian firm controlled by former UES executive Mikhail Abyzov. Apparently no other bidders came forward. WORLD ENERGY Royal Dutch Shell is working on a process to turn sugars into a synthetic petrol, rather than ethanol, as part of a joint venture with Virent, a US biotech business.

UK Energy companies cannot be charged a commercial price by the government for disposing of nuclear waste without “killing the prospect” of a new generation of reactors, says the government.