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Daily (12.11.2021): British gas prices increased sharply on Thursday as Belarusian threat to stop flows to Europe worsened the supply squeeze
Oil prices fluctuated in a choppy trading on Thursday, ultimately increasing modestly after U.S. inflation data sent bond yields and the dollar higher. Hence, Brent crude futures rose by 0.3% to close at $82.87 a barrel. At the same time, U.S. WTI crude ended at $81.59 a barrel, posting a 0.3% gain day-on-day.
read more... 12/11/2021
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Greece-Bulgaria gas interconnector IGB faces delays due to supply shortages
Greece confirmed on Wednesday (10 November) delays in the construction of a key gas interconnector linking Greece and Bulgaria (IGB), reported earlier by EURACTIV Bulgaria, but insisted that they were due to supply shortages.
read more... 12/11/2021
Eni plans first oil and gas from giant Cote d'Ivoire find as early as 2023 as more blocks put on offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 more blocks up for offer to investors.
read more... 12/11/2021
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France Bets On Nuclear Power To Reach Net-Zero Goal
France will re-launch the construction of nuclear reactors in a bid to decarbonize its electricity mix, reach net-zero emissions by 2050, and guarantee the country’s energy independence, French President Emmanuel Macron said in an address to the nation on Tuesday.
read more... 12/11/2021
Daily (11.11.2021): Gas markets extended losses on Wednesday, weighed by improved gas supply from Russia
Crude oil prices declined sharply on Wednesday, as the EIA announced a further increase in US crude inventories. As such, Brent oil lost 2.5% at $82.64 a barrel and WTI crude dropped by 3.3% to $81.34 a barrel.
read more... 11/11/2021