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China to develop the largest power transmission line in the world

The State Grid Corp. of China has launched the construction of what is claimed will be the largest capacity power line in the world.

read more... 16/05/2012

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Major milestone for Japanese and Russian gas infrastructure

Russia and Japan could jointly lay a seabed gas pipeline, said Seiji Maehara, the Chairman of the Council for political studies of the ruling Democratic Party of Japan speaking at the office of the Russian Giant Gazprom. The proposal came from Russia and has been already discussed by the representatives of the Japanese business community ahead of the trip of Seiji Maehara.

read more... 15/05/2012

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Germany’s upper house to put solar feed in tariffs cuts on hold

The Bundesrat, Germany's upper house of parliament, decided to temporarily suspend the planned sharp reduction in solar feed-in tariffs last week, sending the controversial proposals to an arbitration panel, move that represented a blow for Chancellor Angela Merkel, who has been struggling for months to force through cuts to feed-in tariffs of between 20 and 40 per cent.

read more... 15/05/2012

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Bulgaria-Greece gas pipeline to be completed by 2015

Bulgaria and Greece are planning to complete construction of a pipeline that will cost $258 million and will link the countries’ natural gas grids by 2015.

read more... 15/05/2012

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Daily – oil prices slashes on political uncertainty in Greece

Crude oil futures decreased on Monday on worsening oil demand forecasts following discussions to create a new government in Greece failed, and as signals of decreasing Chinese economy pressured the country’s latest intention to ease monetary conditions.

read more... 14/05/2012

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