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China, India, Japan and South Korea have reduced Iranian oil imports

Asia's main purchasers of Iranian crude oil have reduced imports by about 15 per cent in 2013, but imports may augment in coming months, on the rise of turmoil in Africa which menaces to tighten global oil supplies. Tough U.S. and EU sanctions have slashed exports from the OPEC member by more than half to about 1 million barrels per day (bpd).

read more... 27/12/2013

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Daily: Brent crude hits 3-week high on Africa civil unrest

Brent crude increased to above $112 a barrel on Thursday, hitting a three-week high, pushed up by civil unrest in Africa which slashed supply.

read more... 26/12/2013

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Europe: Offshore wind sector doubles in 2013, but faces challenges

Over the past six months, a total of 277 offshore wind turbines have been connected in Europe, adding more than twice the capacity installed during the same period in 2012, according to the European Wind Energy Association (EWEA).

read more... 26/12/2013

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China to set a cap on its CO2 emissions by 2016

The world's biggest producer of carbon dioxide intends to set a cap on its greenhouse gas emissions for the first time. China is planning an absolute emissions cap for the period 2016-2020, and is also looking at emissions targets for 2030 and 2050.

read more... 26/12/2013

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Danish wind group Vestas secures service contract extension with ScottishPower Renewables

Vestas, the world leader in wind energy, has secured a two-year service agreement contract from ScottishPower Renewables for five wind power plants in Scotland. The plants would have a total capacity of 120MW and 162 of Vestas’s V47 and V52 wind turbines. The two-year contract extension includes an option for a third year.

read more... 26/12/2013

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