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Lithuania could take 'legal measures' to restrict Russian gas imports

A small amount of Russian gas doesn't pose a threat to the country's energy independence, according to the Lithuanian energy minister, after a report by Lithuanian intelligence bodies said Russian supplies pose a risk to national security.

read more... 05/02/2020

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Fortum, Tractebel to assist in Estonian SMR deployment

Estonia's Fermi Energia has signed Memoranda of Understanding (MoUs) with Finnish power company Fortum and Belgian engineering firm Tractebel to cooperate on studying the deployment of small modular reactors (SMRs) in the Baltic country.

read more... 30/01/2020

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Oil Leaders at Davos Debate Tougher CO2 Cuts as Pressure Mounts

The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos on Wednesday, a sign of how much pressure they’re under from activists and investors to address climate change.

read more... 27/01/2020

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Gazprom ups Kruzenshternskoye gas field reserves

Russian giant Gazprom said the amount of Kruzenshternskoye’s field’s total gas reserves went up by 22 percent from 1.64 trillion to 2 trillion cubic meters.

read more... 02/01/2020

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Russia offers Ukraine $3 bln as gas arbitration settlement

Russia has offered to pay Ukraine about $3 billion to end a legal row over gas, a source close to talks told Reuters on Friday, in line with the amount proposed in arbitration rulings between Russian Gazprom and Ukrainian Naftogaz.

read more... 23/12/2019

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