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UK government offers new 167 oil and gas exploration licenses in North Sea

The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.

read more... 26/10/2012

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Gazprom to make an offer for Greek energy firm

Almost 17 bidders from 12 countries, including Gazprom, are bidding to acquire the Greek gas companies DEPA, the public gas supply corporation of Greece, and DESFA, a fully owned subsidiary of DEPA. At present, the Greek Republic owns a 65 % stake in the company and a 35 % stake is held by the refining company Hellenic Petroleum.

read more... 24/10/2012

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Shell and Exxon Mobil to develop a huge North Sea field

The two oil giants, including Shell and Exxon Mobil, have received the final approval from the Department of Energy and Climate Change (DECC) for the development of a huge project in the North Sea, involving the development of Fram oil and gas field, 136 miles east of Aberdeen, which was described as one of the most significant central North Sea developments for more than a decade and among the largest planned for UK waters.

read more... 23/10/2012

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Carbon emissions to considerably increase in the UK since 2009

The Department of Energy and Climate Change (DECC) reported that carbon emissions increased in 97%, or 394 out of 406, of local authorities (LA) across the UK in 2010.

read more... 24/08/2012

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DECC slashes regulatory red tape for UK energy sector

The UK Department of Energy and Climate Change (DECC) has unveiled the scraping of 86 regulations and the improvement of 48 regulatory regimes in its efforts to cut red tape and bureaucracy.

read more... 09/08/2012

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