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Bulgaria withdrew Lukoil’s refinery license

On Wednesday, the Bulgarian customs officials has withdrawn the license of the country’s biggest oil refinery, called Neftochim, which is controlled by Russia’s giant, Lukoil.

read more... 28/07/2011

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California to boost investments in rooftop power

The California’s Governor, Jerry Brown met solar developers, economists, policymakers and politicians as to discuss over the future strategy of the renewable industry by investing more in rooftop solar panels.

read more... 27/07/2011

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Daily energy Overview, Wednesday, July 27, 2011

U.S. crude oil futures decreased in the post-settlement trading on Tuesday on industry data indicating an increase of 4.0 million barrels in domestic crude stocks last week against forecasts for a decrease. By 20:34 GMT, NYMEX crude for September delivery settled at 99.10 dollars a barrel, losing 10 cents.

read more... 27/07/2011

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UK Government will not prohibit shale gas “fracking”

After long concerns over shale gas drilling controversial technique, the U.K. government pronounced its long awaited decision concerning the development of “unconventional” gas resources, refusing to ban gas “fracking”.

read more... 27/07/2011

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EU approves stricter rules for nuclear waste storage

The EU Council of ministers has approved new regulations for nuclear fuel and waste storage which will make the conditions on exporting it outside EU borders more stringent.

read more... 27/07/2011

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