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The group building Polish LNG terminal tries to find more funds

The conglomerate constructing Poland's first liquefied natural gas (LNG) terminal is in negotiations to raise the sum it is being paid, without any risk of delay in the achievement of the project, as stated by one of the contractors on Friday.

read more... 28/07/2014

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Daily: Brent crude reverses losses on worsening relations between Russia and the U.S.

Brent crude curbed previous losses to rebound over $1 a barrel on Friday on worsening relations between Russia and the United States increased fears of supply disruptions in the market. Brent crude for September delivery climbed $1.32 to settle at $108.39 a barrel, the highest settlement price since July 10. U.S. crude for September delivery boosted 2 cents to close at $102.09 a barrel, after declining as low as $101 a barrel earlier in the session.

read more... 28/07/2014

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Candu Energy to collaborate with Chinese company on Romanian reactors

Canada's Candu Energy declared on Friday it will assist China Nuclear Power Engineering Company (CNPEC) in the construction of two nuclear reactors in European Union state Romania if and when the Chinese company comes to a decision to invest there.

read more... 28/07/2014

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A big solar storm is expected in the next decade

Solar scientists consider that the probability of a solar storm hitting Earth in the next decade with sufficient strength to do significant damage to power networks might be of about 12 percent.

read more... 28/07/2014

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European sanctions against Russia could deviate the expected course of South Stream, Yamal LNG

The European Union’s envisaged sanctions against Russia could delay the development of South Stream and Yamal LNG projects.

read more... 25/07/2014

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