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Environment Agency gives Cuadrilla the green light to explore in northwest England

Shale gas firm Cuadrilla Resources received permits from Britain's Environment Agency to perform exploration at a four-well site at Preston New Road, Lancashire, in northwest England, which could lead to hydraulic fracturing in the area.

read more... 19/01/2015

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Russia has drastically cut off gas deliveries to six EU countries

Russian President Vladimir Putin has ordered last week to the energy giant Gazprom to cut off supplies to and through Ukraine in the middle of winter, amid accusations that Ukraine had illegally siphoned off and stolen Russian gas.

read more... 19/01/2015

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Eni to seize two more oil and gas fields in Egypt

Italian energy giant Eni inked two concession agreements for the North Leil and Karawan blocks offshore Egypt, as a result of the EGAS 2013 bid round.

read more... 16/01/2015

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E.ON to divest its Italian coal and gas generation assets in the Czech Republic

German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).

read more... 15/01/2015

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Daily: UK natural gas prices remain flat as outages end

Crude oil decreased 5 percent to near six-year lows before rebounding on Tuesday as some traders moved to take benefits of large storage space in the United States. Brent dropped by 84 cents to settle at $46.59 a barrel, after slipping to $45.19, its weakest level since March 2009. U.S. crude declined by 18 cents at $45.89, after striking an April 2009 low of $44.20.

read more... 14/01/2015

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