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Daily: European Cal’17 power contracts collapse at 13-year low tracking lower oil, coal and carbon prices
Crude oil prices plunged 6% on Friday to settle below $30 a barrel for the first time in 12 years, as Chinese stock markets declined further and traders expected an impending increase in Iran’s exports. Brent eased $1.94, or 6.3 percent, to settle at $28.94 a barrel, sticking below the key $30 a barrel threshold after briefly falling below that level in the previous two days. It dipped as far as $28.82, the weakest level since February 2004. U.S. crude lost $1.78, or 5.7 percent, to close at $29.42, after reaching a contract low of $29.13, its lowest level since November 2003, previously in the session.
read more... 18/01/2016
Italy's: Major gas companies Italgas and 2i Rete Gas might merge
Italian state lender CDP is thinking about a potential merger of Italy's two most important gas distributors with joint assets of approximately 8 billion euros ($8.7 billion) since the sector gears up for major reform, as stated by four people familiar with the matter.
read more... 11/01/2016
Daily: Global oil prices dropped to an 11-year low on China market chaos, storage overhang
Brent crude futures dropped to a new 11-year low on Thursday since a declining yuan and an emergency halt in China's stock trading left Asian markets in a havoc, while a significant supply overhang and near-record output levels also continued to drag on oil prices.
read more... 07/01/2016
EDF might sell more than 6 billion euros of assets
French utility EDF is thinking about selling assets estimated at more than 6 billion euros ($6.45 billion) this year, French daily Les Echos reports.
read more... 06/01/2016
Scotland hit a renewable generation record in 2014
Scotland consumed almost 50% of electricity generated by renewables last year, meeting its green energy targets.
read more... 24/12/2015