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Gas companies in Europe made €4 billion from energy crunch

European gas transmission operators and their parent companies made €4 billion in profits in the first six months of 2021, even as the energy crisis was beginning to bite, according to analysis by the NGO Global Witness.

read more... 01/11/2021

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Equinor sees its investment in NOAKA oil and gas at up to $4.2 bln

Equinor plans to invest 25-35 billion Norwegian crowns ($3-$4.2 billion) to develop the so-called NOAKA oil and gas fields with partners in the North Sea, it said on Friday.

read more... 01/11/2021

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Daily (29.10.2021): Gas markets lost significant ground on Thursday, following President Putin statement on higher flows from Russia in November

Oil prices extended losses on Thursday, on previous news of an increase in US crude reserves. However, the market recovered as OPEC+ announced forecasts of a larger-than-expected drop in global stocks this year. Hence, Brent oil slipped by 0.3% to $84.32 a barrel and WTI crude edged 0.2% higher at $82.81 a barrel.

read more... 29/10/2021

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EU countries ramp up pressure to grant nuclear a ‘green’ investment label

A group of ten European countries have heaped pressure on the European Commission to grant nuclear energy a ‘green’ label under the EU’s sustainable finance taxonomy, which acts as a guide to climate-friendly investments.

read more... 29/10/2021

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Government to invest £1.7bn in a new large-scale nuclear power station

A new large-scale nuclear power station is set to secure a fresh £1.7 billion in government funding.

read more... 29/10/2021

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