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Daily: Crude oil prices dip 5 % after Britain votes to quit EU

Crude oil ended 5 percent lower on Friday after Britain’s vote to quit the European Union triggered massive risk aversion and a hike in U.S. dollar that threatened to curb shortly a three-month-long rebound in worldwide oil markets. Brent crude closed down 4.9 percent, or $2.50, at $48.41 a barrel. It had plunged 6 percent earlier to $47.54. U.S. crude eased 5 percent, or $2.47, to settle at $47.64, its largest one-day drop since February.

read more... 27/06/2016

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Largest wind turbine blade in the world presented in Denmark

Offshore wind turbine provider Adwen and blade provider LM Wind Power have partnered together to present the largest wind turbine blade in the world.

read more... 24/06/2016

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Romania coal power plants in violation of EU emissions law

Romania’s coal-fired power plant fleet is violating European emissions laws, as stated in a report published this week by Greenpeace Romania.

read more... 24/06/2016

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Leviathan collaboration approves $120 million feed

Leviathan associates have authorized a $120 million front-end engineering and design agreement for the expansion of the giant gas field offshore Israel. The three partners – Delek Group (45.3%), Noble Energy (39.7%) and Ratio (15%) – approved to Noble Energy, the operator, to begin the Feed phase.

read more... 24/06/2016

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Daily: British gas prices ease on Rough outage, EU referendum

Crude oil prices ended 2 percent higher after a volatile session on Thursday, as investors were less preoccupied about the future of global economy after the last pre-vote opinion surveys indicated Britain will not quit the European Union. Brent crude rose $1.03, or 2.1 percent, to settle at $50.91 a barrel. U.S. crude closed at $50.11 a barrel, up 98 cents. Both contracts jumped in the last few minutes of trading.

read more... 24/06/2016

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