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E.ON to expand in the U.S solar market

German utility E.ON wants to expand in the U.S. solar market and is planning to install a capacity of 120 MW annually from 2015, said Mike Winkel, the CEO of the company’s renewable unit. The first photovoltaic plant that E.ON will build in the U.S. will be located in Arizona and will have a total capacity of 8 MW.

read more... 05/09/2012

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Eni and Rosneft sign strategic agreements to explore fields in Black Sea and Barents Sea

Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today to jointly explore fields in Russian sections of the Black and Barents Seas.

read more... 25/06/2012

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Vestas CEO: U.S. wind market to fall 80% in 2012

According to CEO of the world’s biggest turbine maker, Vestas, the U.S. wind market is likely to decline by 80% in 2013 because of the expiry of the U.S. production tax credit (PTC) for renewable energy at the end of this year and it is believed that the new Congress will not renew the legislation before its expiry.

read more... 11/06/2012

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Shell CEO: US natural gas prices expected to double by 2015

US natural gas prices are expected to double from recent 10-year lows by 2015 due to soaring US demand for fuel, Royal Dutch Shell chief executive Peter Voser told Financial Times newspaper in an interview.

read more... 21/05/2012

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Italy: Eni allowed to import Iranian oil despite EU oil embargo

Eni, Italy’s oil and gas giant, has received a special exemption from the sanctions which would allow the company receiving Iran’s crude despite EU embargo on Iranian oil, the company’s CEO Paolo Scaroni told the reporters on Friday.

read more... 26/03/2012

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