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Daily energy Overview, Wednesday, March, 30, 2011

U.S. and Brent crude ended higher on Tuesday in thin volume trading supported by stronger equities and uncertainty regarding a fast return of Libyan oil exporting operations. On the NYMEX market, the U.S. crude for May delivery increased by 0.78 percent being traded at 104.79 dollars a barrel, while ICE Brent crude for May delivery gained 36 cents settled at 115.16 dollars a barrel, after registering a trading range between 113.52 and 115.64 dollars.

read more... 30/03/2011

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Sitec enriches its portfolio with Evoco wind turbines

Sitec, a major regional provider of telecommunications and renewable energy infrastructure market, based in Cambridge, decided to enrich its portfolio with the revolutionary Evoco wind turbines, with mid-sized vertical and horizontal axis wind turbines and solar PV systems.

read more... 30/03/2011

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The construction of Russian-Chinese pipeline postponed due to a financial disagreement

According to the daily Kommersant reports, the building of Russian oil pipeline conceived to carry Arctic oil to China may be halted following the internal dispute between the companies involved.

read more... 30/03/2011

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TAP chooses Greek pipeline as optimal route

The Trans Adriatic Pipeline (TAP) designed to deliver natural gas from the Caspian region to Europe via Greece, Albania, and Italy, has finished its route refinement study of the pipeline section between Thessaloniki (Greece) and the Greek-Albanian border.

read more... 30/03/2011

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Daily energy Overview, Tuesday, March, 29, 2011

U.S. and Brent crude oil futures prices shed on Monday on Libyan rebel successes and thin trading volume near to register the lowest daily volume of the year and on the view that the U.S. Federal Reserve may move to a tighter monetary policy.

read more... 29/03/2011

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