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Daily: European spot prices decline since demand drops

Oil prices insignificantly changed in thin trade on Friday, with a prediction of higher output by U.S. shale oil producers this year adding to fears over demand and preventing the market from prolonging the prior session's gains.

read more... 19/06/2015

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Shell CEO declares BG Group purchase is on course

Royal Dutch Shell's chief executive officer, Ben van Beurden, declared on Thursday the $70 billion purchase of British competitor BG Group is on track and fits into Shell's plans to raise the share of natural gas in its portfolio.

read more... 19/06/2015

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E.ON confirms shut down of UK’s Killinholme electricity station

E.ON on Thursday confirmed it would shut down the 900 megawatt Killingholme gas-fired power plant in Britain after different last-minute efforts to maintain it in operation fell short.

read more... 19/06/2015

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Slovakia: Eustream says start of gas connection to Hungary under menace

Slovak pipeline operator Eustream declared on Thursday the commercial start of a gas interconnector between Slovakia and Hungary is under menace since the Hungarian part has not presented a segment of the pipeline.

read more... 19/06/2015

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Vestas will intensify tests of its giant offshore turbine

Vestas will intensify testing of its 8 megawatt (MW) wind turbine, the greatest in the world, by installing two of them in the port of Esbjerg in southern Denmark, as stated by the Danish company on Wednesday.

read more... 18/06/2015

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