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Scotland: Shale gas reserves may supply 30 years of UK gas
Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.
read more... 06/08/2014
Turkey says “no” to Israeli gas amid Gaza conflict
Turkey’s Minister of Energy and Natural Resources, Taner Yildiz, speaking at a press conference in Ankara on Monday said that natural gas exports from Israel’s Leviathan reservoir to Turkey will be banned as long as the Israel-Gaza conflict continues.
read more... 06/08/2014
Total: assets acquired by South Africa’s Exxaro for $472 million
Mining conglomerate Exxaro Resources declared on Monday it had purchased the South African coal assets of France's Total for $472 million, increasing its production and offering it extra capacity at the world's major export terminal.
read more... 29/07/2014
European Commission and industry leaders to invest €3.7 billion in biomass energy
The European Commission, in collaboration with industry companies, including Coca Cola, is investing as much as €3.7 billion in order to use untapped biomass and wastes resources in Europe to generate fossil- free and greener products.
read more... 11/07/2014
Greece pledges tax reduction to attract oil and gas majors
Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.
read more... 02/07/2014