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British government investment system employed for Islamic solar project

A British government investment scheme might turn into a platform for Islamic financial investments in the country, according to a firm which is employing the scheme to set up a small solar power plant.

read more... 12/06/2014

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Bulgaria is not abandoning South Stream pipeline project

Bulgaria has not renounced the intention to construct the South Stream pipeline to supply Europe with Russian gas and considers that the project managed by Gazprom will be finished once problems over its structure are fixed, as stated by Energy Minister Dragomir Stoynev on Monday.

read more... 10/06/2014

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Total and E.ON to abandon a pipeline to convey Azeri gas to Italy

France's Total and Germany's E.ON intend to exit the Trans Adriatic Gas Pipeline (TAP) to convey Azeri gas to Italy, since decreasing Italian demand puts energy projects into doubt, according to Vagif Aliyev, SOCAR's investment department manager at Azeri SOCAR.

read more... 04/06/2014

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Russia: Rosatom to increase orders to $100 billion in 2014

Russia's state nuclear company Rosatom plans to expand its global order book to $100 billion till the end of 2014, or a 25 percent increase year-on-year, by assuring new projects in Hungary, Kazakhstan, India and Iran, as declared on Monday by CEO Sergei Kiriyenko at a reunion with Prime Minister Dmitry Medvedev.

read more... 03/06/2014

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Azeri Socar could diminish its 58% stake in Tanap pipeline project

Azeri state energy firm SOCAR could diminish its stake in the multi-billion dollar Trans-Anatolian natural gas pipeline project (TANAP), intended to decrease Europe's dependence on Russian gas, according to SOCAR's president.

read more... 03/06/2014

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