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Daily: Brent nears $50 a barrel ahead of OPEC producer meeting
Crude oil prices rose toward $50 a barrel on Monday, although uncertainty ahead of an OPEC producer-meeting later in the week was expected to curb gains. Brent crude futures boosted 44 cents to settle at $49.76 a barrel, reversing losses from earlier in the day. There was no settlement in U.S. West Texas Intermediate crude futures because of the U.S. Memorial Day holiday, but at 18:39 GMT, WTI edged 27 cents up at $49.60.
read more... 31/05/2016
Oil and gas sector anticipates an increase of the M&A by 50%
The global oil and gas industry anticipates mergers and acquisitions (M&A) to raise by 50% year-on-year.
read more... 31/05/2016
Phoenix Solar AG to build the largest PV power plant in Turkey
Phoenix Solar AG, a German photovoltaic system integrator, will build a 10.2 MW solar plant in Eastern Turkey, country’s first governmentally licensed PV project.
read more... 31/05/2016
China's CNPC might think about increasing Rosneft stake
China National Petroleum Corporation (CNPC) could think about raising its stake in Russian state oil company Rosneft during a scheduled privatisation program, as stated by its chairman on Monday.
read more... 31/05/2016
Ireland: Wholesale gas prices down 37% in May year-on-year
Irish wholesale gas prices declined 37% compared with May last year, as indicated in latest wholesale Energy Market Report published by Vayu Energy.
read more... 30/05/2016