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EU urged by thirteen ministers to approve 2030 green energy goals

The European Union has been urged by thirteen ministers on Monday to reach an accord till the end of March on the most important aspects of 2030 environment and energy policy or it risks discouraging significant energy investments and pushing back efforts to obtain a global agreement on climate change.

read more... 04/03/2014

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European countries less dependent on Russian gas via Ukraine

Presently, Europe and Ukraine are less dependent on Russian natural gas, because of a milder winter and a better infrastructure, reducing concerns that the increasing crisis in Ukraine might influence supplies.

read more... 04/03/2014

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Daily: Crude oil prices soar to five-month highs amid escalating tension in Ukraine

Crude oil prices surged by more than $2 a barrel on Monday to hit the highest level since September on escalating tensions between Ukraine and Russia which shook oil markets. Ukraine mobilized its army reserves as Russia seized control of the Black Sea region of Crimea.

read more... 04/03/2014

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Germany files complaint against EU over energy subsidy survey

The European Court of Justice received from Germany a complaint against the decision of the European Commission to study exemption to green energy charges that the country offers to approximately 2000 industrial energy consumers, as stated by the Economy Ministry on Friday.

read more... 03/03/2014

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Daily: Brent prices squeeze on escalating turmoil in Ukraine

Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.

read more... 28/02/2014

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