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Ukraine suspended natural gas imports from Russia

Ukraine’s Naftogaz decided to suspend natural gas imports from Russia last Friday amid a dispute over pricing. However the flow to Europe via Ukraine remains intact so far.

read more... 13/11/2013

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China’s power generation capacity to double by 2030

China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.

read more... 07/11/2013

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South Stream pipeline project - one of the most ambitious infrastructure projects

Russia is currently one of the most important commercial energy partners for Europe, and has always represented a certain and constant supply of gas for many European countries. At present, an important project combines the interests of both Russia and Europe- the South Stream project. Officially, the South Stream is a method for Russia to improve the reliability of its gas supplies to Europe, its largest export market. It will reach this objective by redirecting Russian gas supplies to Europe.

read more... 30/10/2013

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Daily: British spot gas increase slightly on short system

British spot gas prices recorded a slow increase on Tuesday morning as the gas system was undersupplied following weaker imports from Norway and continental Europe and gas was withdrawn from the storage.

read more... 30/10/2013

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Fossil fuel energy consumption: between past and future

For the past couple of hundred years we have come to rely more and more on fossil fuels. Fossil fuels were and would continue to be an important source of energy worldwide. About 87 percent of the world's energy consumption is currently based on fossil fuels and is expected that they will continue that trend, accounting for 80% of all energy supply by 2040.

read more... 29/10/2013

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