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Daily: European spot electricity prices finish on a mixed note, German contract lifted by stronger consumption
Crude oil prices rebounded on Wednesday , supported by a sharp decrease of the dollar a day before, while the market was still trying to assess the chances of a deal between two of the largest oil producers to freeze oil production. U.S. WTI settled up 67 cents at $45.50 a barrel, a third consecutive session of gains, after U.S. inventory data showed the largest weekly stock draw in over three decades. Brent futures boosted 72 cents to end at $47.98 a barrel.
read more... 08/09/2016
Russia envisages LNG deliveries to Bahrain
Russia and Bahrain decided to expand collaboration in liquefied natural gas (LNG) on Tuesday, with Moscow envisaging LNG deliveries to the kingdom.
read more... 08/09/2016
Vattenfall pledges to reach at least 7 GW of its offshore wind power by 2025
Swedish utility Vattenfall pledges a more than three-fold increase of its offshore wind power by 2025 as costs plunge and as a part of its plans to shift to a renewable energy company.
read more... 08/09/2016
China and India drive down global coal power in 2016
The amount of coal-fired power generation under development globally has reduced by 14 percent this year, driven down by China since it deals with oversupply and tries to encourage cleaner energy, as shown in a study on Wednesday.
read more... 07/09/2016
Shell to trigger production in Gulf of Mexico
Dutch energy giant Shell commenced production in its ultra deepwater fields in the Gulf of Mexico, according to an official statement.
read more... 07/09/2016