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Daily (20.11.2020): UK forward gas prices lost around 4% on Thursday due to low demand and strong supply
Oil prices ended slightly down on Thursday, in the face of the worsening Covid-19 epidemic, but also due to tensions over quotas within OPEC+. Hence, Brent crude slipped by 0.3% to settle at $44.20 per barrel. U.S. WTI crude lost 0.2% to close at $41.74 per barrel.
read more... 20/11/2020
Turkey grants construction permit for Akkuyu unit 3
Turkey's nuclear regulatory authority (Nükleer Düzenleme Kurumu - NDK) has issued a construction licence to Russian-owned JSC Akkuyu Nuclear for unit 3 of the Akkuyu nuclear power plant in Mersin province, in southern Turkey.
read more... 20/11/2020
UK's SDX looks to accelerate Egyptian onshore gas exploration
UK-listed upstream junior SDX Energy -- which is focused on mostly gas-producing assets in Egypt and Morocco -- plans to accelerate new drilling at its flagship South Disouq concession onshore Egypt, its CEO Mark Reid said Nov. 19.
read more... 20/11/2020
EU raises offshore wind target to 300GW by 2050
The EU has increased its offshore wind capacity target to 300GW by 2050, today's European offshore renewable energy strategy presented by the European Commission shows.
read more... 20/11/2020
Daily (19.11.2020): EUAs increased by 2% on Wednesday influenced by news that the start of the 2021 auctions would be delayed
Wednesday, OPEC has reconfirmed its intentions to continue cutting production, thus supporting crude oil prices amid Covid-19 and demand worries. As a result, Brent crude for January delivery closed 1.4% up at $44.34 a barrel, while WTI crude edged 0.9% higher at $41.82 a barrel.
read more... 19/11/2020