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European biogas production could double by 2030

Biogas and biomethane production in Europe could double by 2030 and more than quadruple by 2050, according to the European Biogas Association (EBA).

read more... 29/01/2021

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German gas plant capacity set to exceed coal and lignite in 2023

Germany's gas-fired generation capacity is set to exceed that of coal and of lignite within two years as total dispatchable capacity drops below 60 GW, regulator BNetzA's latest power plant list shows.

read more... 27/01/2021

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Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe

Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.

read more... 26/01/2021

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Western Companies Abandon Russia-Led Nord Stream 2 Project

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.

read more... 21/01/2021

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Energy majors re-route LNG supplies from Europe to Asia

Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel.

read more... 20/01/2021

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