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Galp targets 10 GW of installed renewables by 2030

Portuguese energy conglomerate Galp announced on Tuesday it is targeting around 10 GW of installed renewable power generating capacity for 2030.

read more... 20/02/2020

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Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply

Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.

read more... 19/02/2020

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Green light to Lundin for Barents Sea wildcat

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.

read more... 19/02/2020

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Britain to invest 90 million stg to cut emissions from homes, industry

Britain will invest 90 million pounds ($117 million) on measures to cut carbon dioxide emissions from homes and industry, including two hydrogen plants, the government said on Tuesday.

read more... 19/02/2020

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European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020

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