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Shell thinks about pulling plug on last Ukraine exploration well

Oil major Shell is thinking about retiring from its last exploration well in Ukraine since the project has been on hold for approximately a year because of the conflict between pro-Russian separatists and Ukrainian forces.

read more... 12/06/2015

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World’s first tidal lagoon power project approved by Britain

Britain has given planning authorization for a 1 billion pound ($1.5 billion) tidal lagoon project in Wales able to produce sufficient electricity to power approximately 155,000 households, as stated by the Department of Energy and Climate Change (DECC) on Tuesday.

read more... 10/06/2015

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Cyprus gas field expected to annually produce 8 bcm with pipeline to Egypt

The Aphrodite natural gas field off Cyprus is commercially feasible and plans require to yearly produce 8 billion cubic metres (bcm) and building of a pipeline to Egypt, as stated by the associates behind the project on Sunday.

read more... 08/06/2015

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Siemens obtains first order for new British wind turbine factory

Siemens, the world's major producer of offshore wind turbines, has obtained an order from British utility Scottish Power to construct over 100 of the machines for the East Anglia One project, the first order for Siemens' new UK factory in Hull.

read more... 05/06/2015

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Russia’s Novatek inks LNG supply agreement with France’s Engie

Russia's No.2 gas producer Novatek has inked a long-term agreement with France's Engie on providing liquefied natural gas (LNG) from its future Yamal LNG project, an accord which almost finalizes the project order book.

read more... 03/06/2015

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