SAN DIEGO, CA — (Marketwire) — 05/12/09 — Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) announces negotiations with ‘GE Energy’ Development Group for South East Europe. Executives from ‘GE Energy’ met with Green Star’s Serbian partner — Notos — in Belgrade for an exchange of experience and knowledge in the area of wind data collection, and to consider the future of wind power development in the Republic of Serbia.

The two day meeting was initiated by GE and organized within the context of the GE ‘Strategy for South Eastern Europe.’ The appropriate and skilled expansion of wind energy into the South East European electricity market was the foremost topic on the agenda. This focus will provide the foundation for GE to work in partnership with Notos in establishing the necessary framework for the development and execution of future alternative energy projects.

GE intends to do so specifically “… by increasing

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BP has finally agreed to a peace deal with its Russian partners over the future of their joint venture, TNK-BP. The oil firm announced yesterday that embattled chief executive Robert Dudley will leave TNK-BP by the end of the year, as part of an agreement hammered out with the four Russian billionaires who also own the business. Not surprisingly, the deal appeared to have been closely coordinated with the Kremlin. It follows an unprecedented campaign by state agencies against TNK-BP that prompted Dudley to flee Russia, citing harassment. Serbian government officials earlier today insisted that an energy deal with Russia is of the utmost national interest, but the opposition Liberals described it as humiliating. Well, it's not humiliating yet...