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Russia signs second China gas agreement, but declining prices increase worries

Russia and China inked a framework accord for a gas supply deal at the weekend, but declining energy prices pressure on negotiations and might still compromise their plans.

read more... 11/11/2014

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Statoil awarded with stakes in 12 new UK licenses

Norwegian energy firm Statoil declared on Thursday it had won stakes in 12 new licenses on the UK Continental Shelf.

read more... 07/11/2014

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Czech company EPH acquires Eggborough power plant in Britain

Czech energy firm EPH has decided to acquire the Eggborough coal-fired power plant from Eggborough Power Limited, making its first purchase in Britain as part of a growth drive, as stated by Czech company on Wednesday.

read more... 06/11/2014

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Croatia recommences arrangements for LNG terminal at KRK

Croatia has renewed a viability study for a liquefied natural gas (LNG) terminal on the island of Krk, the southern end of a gas pipeline corridor linking the country and Poland's Baltic port of Swinoujscie which should aid expand energy supplies for central Europe and reduce reliance on Russian imports, as stated by economy minister Ivan Vrdoljak on Tuesday.

read more... 06/11/2014

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Ukraine: Naftogaz reimburses $1.45 billion to Gazprom

Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.45 billion to Russia's Gazprom, the first tranche of debt reimbursement required by an accord that will see Moscow restart gas supplies to its ex-Soviet neighbor.

read more... 05/11/2014

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