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Shell intends to invest 1 billion dollars annually in China gas projects

Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.

read more... 21/11/2012

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World CO2 emissions hit a new peak in 2011

World carbon emissions reached a new record in 2011 at 34 billion tonnes, more carbon dioxide from fossil energy being blown into the atmosphere than ever before, according to the Renewable Energy Industry Institute (IWR), a German renewable energy institute in Muenster.

read more... 21/11/2012

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Daily: UK wholesale gas prices drop on warmer weather, healthy supplies

Brent and U.S. crude futures increased on Monday, backed by supply concerns amid escalating violence in the Middle East and optimism that U.S. officials will reach a deal to avoid the budget crisis.

read more... 20/11/2012

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Areva to build a new wind turbine factory in Scotland

French nuclear and renewables group Areva has signed a contract with the investment agency Scottish Enterprise to site one of the three new factories it is opening in Europe, in Scotland, the plant would manufacture turbines for use off the coast of the UK, each generating 5 megawatts of electricity, which could supply 6,000 homes per year and could create up to 750 jobs.

read more... 20/11/2012

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Statoil and Wintershall sign a gas supply contract

Norwegian company Statoil, which states to be the second largest supplier of gas to Europe has signed a gas supply agreement with Germany’s Wintershall for the delivery of about 45 billion cubic meters (bcm) of natural gas to the German and other North-West European markets.

read more... 20/11/2012

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