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France: EDF to lower electricity tariffs for most energy-intensive factories

French electricity giant EDF has agreed to curb electricity prices for the country’s most energy-intensive factories to make them more competitive than their counterparts in Germany and North America, where power prices are lower.

read more... 22/07/2014

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Tullow Oil quits its Lupus exploration well in Norway

Tullow Oil PLC unveiled it had stopped up and quitted its Lupus exploration well in the Norwegian North Sea blaming its failure to find any hydrocarbons. The well is 35km south-east of the Oseberg Sor Field and 110km west of the island of Sotra in the North Sea.

read more... 21/07/2014

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Gamesa to supply 220 MW of turbines to five wind farms in India

Spain’s biggest wind turbine maker, Gamesa, has won orders to deliver 220 MW of its wind turbines for the main independent power producers (IPP) companies in the wind energy market in India.

read more... 21/07/2014

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EDF inks 20 year LNG deal with U.S. Cheniere Energy

French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.

read more... 21/07/2014

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Daily: Crude oil prices rally on Malaysian airplane crash, Gaza conflict

Crude oil prices slipped in thin trade on Friday, but posted their firstly weekly increase in a month following the crash of the Malaysian plane over eastern Ukraine and as Israeli troupes invaded Gaza. Brent dropped 65 cents to close at $107.24 a barrel, reversing the previous day's gains. WTI crude slipped 6 cents to hit $103.13, after touching a session high of $103.94 and settling $1.99 higher on Thursday, a hike that partially reversed three weeks of losses.

read more... 21/07/2014

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