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UK’s Treasury to cut onshore wind farms subsidies by 25%

The UK’s government aid for onshore wind farms could be cut even further than previously scheduled, according to the Treasury.

read more... 04/06/2012

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It is official: Turkey approves the construction of South Stream pipeline

Turkey has announced in December that it gives all necessary approvals for the South Stream pipeline project, allowing the construction to proceed and to be executed on schedule, before the end of 2015. The news was officially confirmed by Moscow on January, 9, stating that the pipeline will be built through Turkey’s Black Sea exclusive economic zone, en route to central Europe.

read more... 20/01/2012

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Largest European EV charging network to be developed in Estonia

The largest electric vehicles charging point will be built in Estonia by a Swiss power and automation conglomerate ABB. It is scheduled to become operational by December 2012 and will be the world’s first fast-charging infrastructure serving the entire country.

read more... 12/01/2012

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Exxon started extracting Russian oil.

Oil production has begun from the Odoptu field at the Sakhalin-1 project in offshore northeastern Russia, on schedule and within the projected costs. It is expected to add up to 11 million barrels to oil production in 2011

read more... 01/10/2010

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New finances for Areva group to finish Olkiluoto nuclear reactor

French nuclear group Areva is preparing to take a loan of approximately 380 million euros for the completion of the construction of the Finnish nuclear reactor Olkiluoto, which is scheduled to start generating power by the end of 2012, with a delay of more than three years.

read more... 09/06/2010

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