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Gazprom to cut prices for European customers in 2013

Gazprom, the world's biggest gas producer, has announced on Friday that it has set aside 3.5 billion euro for retroactive price concessions to major European customers in 2013. That comes as a reaction to the declining demand because of the Europe’s economic crisis, energy efficiency drives and competition from liquefied natural gas.

read more... 11/02/2013

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China to limit energy consumption at 8% by 2015

The Chinese government has announced, on Wednesday, that China will aim to limit total annual primary energy consumption to 8% a year from 2010 to 2015, as it seeks to improve efficiency and to decrease emissions of greenhouse gases and pollution. It intends also to limit installations of new-coal fired power plants while improving the share of renewables.

read more... 24/01/2013

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DECC has revealed its first Energy Efficiency Strategy

The UK Department of Energy and Climate Change (DECC) has recently revealed that is going to be called the UK’s first national Energy Efficiency Strategy, which offers a wide ranging package for increasing energy efficiency across all sectors of the UK economy, and could reduce energy use by 11% by 2020, boosting the economy and the standard of living in the country.

read more... 14/11/2012

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Are oil prices going to ease on higher output and slower economy? (IEA)

The world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency and as production increases steeply in Iraq and North America, the International Energy Agency said last Friday.

read more... 16/10/2012

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Ireland will miss to meet the 2020 EU targets

According to the EU- funded “Sustainable Energy for the Rural Village Environment” (SERVE) project, Ireland is to miss its EU energy efficiency target by 2020. The project stated that about 90,000 buildings will need important improvements every year by 2020, even if this year less than 50,000 buildings undergo energy upgrades.If Ireland doesn’t reach its objective by 2020, it will have to pay severe penalties.

read more... 03/10/2012

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