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Total, Bahrain’s Tatweer sign MoU

French supermajor Total and Bahrain’s Tatweer Petroleum Tuesday signed a Memorandum of Understanding (MoU) to cooperate in oil and gas exploration and liquified natural gas supplies, Kallanish Energy understands.

read more... 02/05/2019

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EBRD finances 220MW Polish wind giant

The European Bank of Reconstruction and Development (EBRD) is supporting the development of the 220MW Potegowo wind farm in Poland with a loan of PLN209m (€48m).

read more... 02/05/2019

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Daily (30.04.2019): NBP spot rose by 1.5% on Monday amid increasing demand

Oil prices slightly diverged on Monday. WTI futures added 0.3% to close at $63.50 a barrel, resuming their last week’s rally due to unclear details of President Trump’s comments on Friday about his call on OPEC to raise production. Meanwhile, Brent crude edged 0.2% down at $72.04 a barrel, as losses were limited by concerns over a tight global oil supply driven by ongoing OPEC-led production cuts coupled with U.S. sanctions on Venezuelan and Iranian oil exports.

read more... 30/04/2019

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Luxcara expands in Scandinavia with 750-MW Swedish wind buy

German renewables investor and asset manager Luxcara GmbH said today it has bought the 750-MW Oenusberget wind project in Sweden from German-Swedish developer Svevind, without disclosing the value of the deal.

read more... 30/04/2019

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New mega cartel is emerging in oil markets

Almaty. April 30. KazTAG - China and India—two of the world’s largest oil importers and the biggest demand growth centers globally—are close to setting up an oil buyers’ club to have a say in the pricing and sourcing of crude oil amid OPEC’s cuts and U.S. sanctions on Iran and Venezuela, Indian outlet livemint reports, citing three officials with knowledge of the talks, reports OilPrice.com.

read more... 30/04/2019

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