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Gazprom gas exports to Europe at the highest rate in October

The Russian energy giant Gazprom increased its gas exports to European countries by around 41% over the first 26 days of October compared with the same period last year, Alexei Miller, the head of Russia's top natural gas producer Gazprom said on Tuesday.

read more... 28/10/2015

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TenneT contracted a conglomerate for an environmental impact assessment of the Dutch grid

TenneT has contracted a conglomerate composed of engineering consultancy Witteveen & Bos and Mott MacDonald to offer an environmental impact evaluation (EIA) for the grid connection itinerary for the Dutch South Coast offshore wind farm area.

read more... 27/10/2015

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Singapore is leading the way to becoming South-east Asia's LNG energy hub

Singapore aims to launch a domestic liquefied natural gas (LNG) trading market amid rising LNG supply and demand within Asia.

read more... 27/10/2015

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Vattenfall to phase out two German lignite plants to meet climate change objectives

Swedish utility Vattenfall agreed on Monday to phase out two lignite coal power plants in Germany, corresponding to 8 million tonnes of CO2-emissions.

read more... 27/10/2015

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Daily: Crude oil prices continue the 2-week decline amid refined oil glut lingering concerns

Crude oil prices continued to decline on Monday amid lingering concerns over a global supply glut and weakening demand dragging prices to their lowest settlement in roughly two months. Oil was also under pressure after Goldman Sachs said in a research report that oil prices could go "sharply lower" as storage tanks hit capacity, predicting the oil market would not balance itself in 2016. Brent crude fell 45 cents, or almost 1 percent, to settle at $47.54 a barrel. U.S. crude eased 62 cents, or 1.4 percent, to end at $43.98. Both crude benchmarks have declined by 10 percent over the past two weeks.

read more... 27/10/2015

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