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Daily (30.11.2017): EU carbon prices rose 1.4% supported by a bullish UK auction

Oil prices fell on Wednesday, pressured by ambiguity over the outcome of an OPEC meeting at which an extension to its price-supporting oil production reductions will be discussed. Brent crude oil declined by 50 cents, or 0.8 percent, to $63.11 a barrel. U.S. crude was 69 cents, or 0.5 percent, lower at $57.30.

read more... 30/11/2017

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Members of the European Parliament voted for solider energy efficiency and renewable goals

Members of the European Parliament (MEPs) agreed to cut energy consumption by 40% by 2030. Every European Union state will have to establish its own corresponding national energy efficiency objectives necessary to attain the global target.

read more... 29/11/2017

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Norway: Statoil will drill more wells in Arctic Barents Sea

Norway’s company Statoil will continue to explore oil in the Arctic Barents Sea next year even if its 2017 campaign was expected to do better.

read more... 29/11/2017

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Russian Novatek and Japanese partner companies agreed on creating LNG hub

Russian company Novatek as well as Japan firms Marubeni and Mitsui O.S.K. Lines inked a trilateral memorandum of understanding (MOU) to open a liquefied natural gas (LNG) hub situated in Russia's Kamchatka region.

read more... 29/11/2017

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Daily (29.11.2017): German spot power prices jumped by 91% on Tuesday due to forecasts for lower wind production and increased demand

Oil prices edged lower on Tuesday on predictions of higher output, although global markets were slightly better buyout by expectations an OPEC-led supply reduction would be prolonged. Brent crude futures settled 23 cents, or 0.4 percent, down at $63.61 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $57.99 a barrel, down 12 cents, or 0.2 percent, from their last settlement.

read more... 29/11/2017

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