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Putin visits Serbia for pipeline deal

During his visit to Serbia on Wednesday, Russian Prime Minister Vladimir Putin assured Serbia that the building of South Stream gas pipeline will start as planned in 2013 and will be put into operation till December 2015.

read more... 25/03/2011

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Daily Energy Overview, March, Thursday, 24, 2011

U.S. crude oil futures increased above 105 dollars a barrel at settlement on Wednesday, reaching their highest level in two-and-a-half year, supported by persistent military operations in Libya and unstable situation in the Middle East countries but also by falling U.S. gasoline stocks.

read more... 24/03/2011

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Concentrated solar thermal power instead of unsafe power

The recent events produced in Japan which brought catastrophic consequences for the country’s nation and for all people around the world emphasized the real importance of producing green electricity instead of “unsafe” power.

read more... 24/03/2011

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The impact of Yemen unrest on its LNG export

French oil giant Total warned buyers of liquefied natural gas from Yemen that shipments from the country could face cuts due to increasing political unrest, although the LNG production remains normal for now. If the violent manifestations continue, they would lead to a further force majeure on export.

read more... 24/03/2011

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ExxonMobil restores Japanese Shiogama Terminal

ExxonMobil Japan Group declared on Wednesday that it had reopened its Shiogama terminal, affected by the recent earthquake and tsunami, moreover the company restored operations of its four Japan refineries, working above normal rates allowing thus the delivery of more fuel supplies into the Tohoku area of northeastern Japan.

read more... 24/03/2011

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