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Daily (12.02.2021): Energy prices retreated on Thursday after hitting record highs

Crude oil prices edged lower on Thursday following the downward revision of the global demand outlook from the International Energy Agency (IEA). Consequently, Brent oil slipped by 0.5% to $61.14 a barrel, while WTI crude lost 0.8% to trade at $58.24 a barrel.

read more... 12/02/2021

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Siemens Gamesa 759-MW turbine order for Dutch offshore wind project not yet firm

Siemens Gamesa Renewable Energy SA has been tapped to supply turbines for the 759-MW Hollandse Kust Noord offshore wind project in Dutch North Sea.

read more... 12/02/2021

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EU eyes two-thirds renewable gas by 2050

The consultation, which will run until 10 March, is part of a hydrogen and gas markets "decarbonisation" package, a proposal for which is expected by the end of June.

read more... 12/02/2021

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Shell says to invest $5-6 billion annually in green energy

Anglo-Dutch oil giant Shell will invest up to $6 billion (4.9 billion euros) per year in green energy after its oil output peaked in 2019, the group said Thursday.

read more... 12/02/2021

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Daily (11.02.2021): Carbon prices above €39-mark, German spot power at 2-year high on Wednesday

Wednesday saw another session of growth for crude oil prices, as the weekly EIA report showed a drop in US crude stocks, while global demand is slowly increasing. As such, both Brent and WTI crude gained 0.6% to settle at $61.47 a barrel and $58.68 a barrel, respectively.

read more... 11/02/2021

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