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National Grid mulls sale of UK gas distribution arm

UK’s National Grid is planning to sell a majority stake in its British gas distribution business, which could yield £10billion ($15 billion) in an auction with foreign investors.

read more... 10/11/2015

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Ineos inks US shale gas ethane agreement with Exxon and Shell in Scotland

Ineos, owner of Scotland's Grangemouth petrodoil refinery, has signed an agreement with subsidiaries of ExxonMobil and Shell to provide ethane derived from U.S. shale gas which it is to import into Scotland to their neighboring chemical plant, as stated by the company on Monday.

read more... 10/11/2015

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South Africa: Nuclear go-ahead decision is imminent

South Africa’s plan to build nuclear power plants will go on, with the country’s government expected to make a decision on the way forward soon.

read more... 04/11/2015

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The Dukovany nuclear power plant operated by CEZ offline more than expected

The spokesman of the Dukovany Nuclear Plant operated by CEZ, Jiri Bezdek, has recently announced that the relaunch of the nuclear plant might be delayed. CEZ took offline the units 2 and 3 on September 17 for verifications which were initially supposed to continue three to four weeks, but the shutdown has been prolonged numerous times and could be longer than the November dates. Bezdek added that the units will be reconnected in different moments without mentioning the exact dates.

read more... 02/11/2015

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Vattenfall to phase out two German lignite plants to meet climate change objectives

Swedish utility Vattenfall agreed on Monday to phase out two lignite coal power plants in Germany, corresponding to 8 million tonnes of CO2-emissions.

read more... 27/10/2015

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