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Daily (06.08.2018): French day-ahead power price tumbled by 20% on Friday, following the drop in carbon and coal markets.
Oil prices edged lower on Friday, as increased concerns over China’s denial to admit the sanctions against Iranian crude supported the fears over falling demand on U.S supplies. Consequently, Brent crude slipped by 0.3% to $73.21 a barrel. WTI crude dropped by 0.7% to $68.49 a barrel.
read more... 06/08/2018
Iberdrola gets EU loan for 1.2 GW hydropower in Portugal
The European Investment Bank will provide a EUR 650m loan to Spanish utility Iberdrola to support a three-dam hydropower project in Portugal, totalling 1,158 MW in capacity that will be operational in 2023, according to a statement on Monday.
read more... 24/07/2018
Exclusive: France's Total prepares sale of $1.5 billion of UK North Sea fields
France’s Total is set to sell a third of its stake in Laggan Tormore gas field along with other oil and gas assets in Britain’s North Sea that could fetch a total of $1.5 billion, four banking and industry sources said.
read more... 10/07/2018
Baku-Tbilisi-Ceyhan pipeline carried nearly 3B barrels of oil to global markets over 12 years
Carrying Azerbaijan's oil extracted from the Caspian Sea to the international markets, the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline, which was dubbed as the energy project of the century at the time, has transferred nearly 3 billion barrels of crude oil from its offshore terminal in Ceyhan since 2006.
read more... 09/07/2018
Royal Dutch Shell divests $1.3bn worth of oil and gas assets in Norway, Malaysia
Royal Dutch Shell has announced the sale of oil and gas assets in Norway and Malaysia for a total of more than $1.3bn.
read more... 22/06/2018