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Israel reports higher than expected gas reserves

Israel might become a gas exporter in the coming years, as gas reserves found on Israel Mediterranean coast are 15% higher than expected.

read more... 04/06/2010

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EDF might sell nuclear power to competitors

Ongoing debates in the French parliament could lead to the obligation of EDF, the French nuclear giant, to sell 25 % of its nuclear electricity to competitors in France, in order to boost competition in the electricity market, where EDF holds the key position at the moment.

read more... 04/06/2010

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New solar feed-in tariffs in Germany and target for 2010

Germany’s Parliament has consented to raise the rate of photovoltaic installations per year in 2010 to 2,500 MW – 3,500 MW from 1,100 MW – 1,700 MW per year and also abolish the tariff for ground mounted systems on crop land.

read more... 03/06/2010

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A carbon tax to be set in the European Union

The European Commission proposed a “tax carbon” on road transport, buildings and agriculture as part of the new directive regarding energy taxation, which would be approved only if the member states of the European Union unanimously agreed on.

read more... 02/06/2010

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Russian oil production dropped slightly in May

Daily oil production in Russia declined in May from 10.11 million bpd to 10.08 million bpd.

read more... 02/06/2010

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