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German government agreed on a temporary ban for shale gas

Germany is probable to have important reserve deposits and is at the forefront of the shale gas disputes in Europe. Public concerns and the conclusions of studies on hydraulic fracturing, as well as stalled legislation going into the federal elections, have slowed the pace of shale gas exploration, but Germany's nuclear phase-out will create a need for energy from other sources.

read more... 15/11/2013

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Daily: Brent crude increases on the failure to reach Tehran's nuclear deal

Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.

read more... 12/11/2013

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Japan switched on its first turbine at a wind farm near Fukushima

Fukushima has become synonymous with the nuclear disaster resulting from the earthquake and tsunami that struck Japan in 2011. But it may turn that reputation and become known as home to the world’s largest offshore wind farm.

read more... 11/11/2013

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Areva awarded to build Angra 3 nuclear reactor in Brazil

French state-controlled company Areva has won a €1.25bn contract from Eletrobras for the completion of the construction of the 1,405MW Angra 3 nuclear reactor in the state of Rio de Janeiro, Brazil.

read more... 11/11/2013

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Daily: Brent slips on Iran nuclear negotiations

Brent crude oil futures dropped nearly by two percent on Thursday, registering a third consecutive day of losses on stronger dollar and talks between Iran and the West over Tehran’s controversial nuclear program which added pressure to prices. Brent dipped $1.78, or 1.7 percent, to settle at $103.46 a barrel, losing $2 to trade as low as $103.24, its lowest level since July 2. Meanwhile, U.S. oil settled 60 cents lower at $94.20 a barrel after registering its biggest one-day percent gain in more than one month in the previous session when figures showed a larger-than-expected draw from gasoline stocks.

read more... 08/11/2013

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