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Turkey Moves To Reduce Reliance On Russian Gas

Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas giant Gazprom for at least two weeks.

read more... 23/07/2020

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‘EVs are cheaper to own than petrol or diesel cars’

During their lifetime, EVs can cost an average of around £107 every year less than petrol or diesel cars, according to a new survey

read more... 23/07/2020

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Daily (22.07.2020): Oil prices rallied to their highest levels since early March amid EU stimulus deal, vaccine hopes

Crude oil futures rallied to their highest levels since 6 March amid positive news about the world’s ability to address the COVID-19 pandemic and the unprecedented EU stimulus package to support economies hit by the pandemic. Hence, Brent crude for September delivery soared by $1.04, or 2.4%, to settle at $44.32 barrel. At the same time, U.S. WTI crude surged by 4%, to end at $41.92 a barrel.

read more... 22/07/2020

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Ireland’s renewable electricity scheme gets EU approval

Ireland’s Renewable Electricity Support Scheme (RESS) has passed EU state aid rules, allowing it to take provide funding for future renewable projects.

read more... 22/07/2020

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Czech government to provide loan for CEZ’s nuclear power station

The Government of the Czech Republic has reportedly agreed to offer an interest-free loan to state-controlled utility company CEZ, to help with construction costs of a nuclear power station.

read more... 22/07/2020

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