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EIB and Umicore conclude €125M loan for EV battery materials production in Poland

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The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. ska, EIB Vice-President overseeing operations in Poland. —Teresa Czerwi?ska,

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Poland NCBJ report concludes small modular reactors unlikely to play key role as basic electricity source in Poland

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drowych, NCBJ) concludes that while small modular reactor (SMR) nuclear power plants (NPPs) might become important for Polish power industry, it is very unlikely that they will ever play a key role as basic electricity source in Poland. SMRs might appear in a rather long term perspective, not before 2030. Earlier post.)

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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Nexen has a joint venture shale gas project in Poland and is exploring for shale gas in Colombia. The transaction will be funded by CNOOC Limited’s existing cash resources and external financing. The two companies has finalized a joint venture for deepwater exploration in the Gulf of Mexico in 2011. Earlier post.). OPTI Canada Inc.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

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