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Japan to build world’s largest offshore wind farm
After the Fukushima disaster in 2011, Japan has finally decided to shift away from nuclear power reliance and intends to build the world’s largest offshore wind farm, beginning from this summer.
read more... 17/01/2013
Daily: U.S. crude settles lower on German economic pessimistic data
Brent and U.S. crude oil futures declined in heavy trading on Tuesday, dragged down by German economic pessimistic data and worries about the U.S. debt ceiling debate which stocked fears about fuel demand. Crude prices were hit by data that German economy contracted by 0.5% in the fourth quarter, more than forecasted.
read more... 16/01/2013
TAQA: Hydrocarbon leak at a key platform in North Sea UK
An important oil pipeline network, which handles about 6% of UK’s oil production, was forced to halt its production following a leak at a key North Sea oil platform. The shutdown was confirmed by Abu Dhabi National Energy Co (TAQA) on January 14, at one of its platforms in the UK North Sea.
read more... 16/01/2013
Solar PV provides 5.6% of Italian electricity demand in 2012
According to some figures released by the Italian transmission grid operator Terna SpA, electricity from solar photovoltaic generation increased by roughly 72% in comparison to 2011 levels reaching 18.3 TWh.
read more... 16/01/2013
Norway proposes tariff cut in its gas pipeline system
Norway's Minister of Petroleum and Energy, Ola Borten Moe, proposed on Tuesday to slash natural gas transport tariffs for new gas contracts, aiming to encourage higher production and exploration in mature fields. Norway is the world`s second largest gas exporter supplying about 18% of Europe’s needs.
read more... 16/01/2013