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Daily (16.06.2020): NBP spot jumped by 6% on Monday amid weaker LNG supply and wind power generation

Crude oil futures turned bullish on Monday as signs of improving demand due to OPEC+ production cut agreement offset concerns that a resurgence of the virus could weigh on the global economy. Hence, Brent crude for August delivery soared by 99 cents, or 2.6%, to settle at $39.72 a barrel. At the same time, U.S. WTI crude for July delivery rose by 86 cents, or 2.4%, to end at $37.12 a barrel.

read more... 16/06/2020

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UK firms break into Chinese renewable energy market

Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China.

read more... 10/06/2020

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Spain's Acciona lands 10-year renewable energy PPA with telco Telefonica

Spanish group Acciona SA has secured a ten-year renewable energy power purchase agreement (PPA) with compatriot telecommunications company Telefonica SA.

read more... 09/06/2020

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Daily (04.06.2020) NBP spot soared by 13.6% on Wednesday as low wind output boosted gas-for-power demand

Crude oil prices stretched gains on Wednesday, on a potential new agreement between OPEC and its allies to cut crude supplies. Nevertheless, a weekly increase in U.S crude inventories supported the bullish trend. As a result, Brent crude increased by 0.6% to $39.79 a barrel. Similarly, WTI futures traded 1.3% higher at $37.29 a barrel.

read more... 04/06/2020

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Vattenfall, TenneT sign grid connection deal for 760MW Dutch offshore wind farms

Swedish energy company Vattenfall and transmission system operator (TSO) TenneT have signed an agreement for the construction of offshore grid connection for the 760MW Dutch offshore wind farms Hollandse Kust (Zuid) 3 and 4 to be located in the North Sea.

read more... 22/04/2020

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