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Daily (17.05.2017): EU carbon prices increased above €4.50 for the first time in a week
Oil prices seesawed on Tuesday within two opposed trends. The increasing trend during the session was supported by the news that several OPEC members voiced the opinion to continue supply cuts until March 2018 to reduce a global glut of crude oil. The downward evolution at the end of the day was caused by the data from the American Petroleum Institute indicating an unexpected build in crude inventories.
read more... 17/05/2017
Georgia Power will continue construction work at the nuclear plant
Southern Nuclear and Georgia Power will take in charge the construction management of the Vogtle nuclear plant from bankrupt developer Westinghouse, according to a new service accord.
read more... 17/05/2017
France: EC conditionally approves state aid for the Landivisiau gas-fired power plant
Earlier this week EC has approved France’s plan to offer state assistance to the 400MW Landivisiau gas-fired power plant in Brittany.
read more... 17/05/2017
Germany and Austria power market split is set to start in October 2018
Electricity transmission companies from Germany and Austria will split their currently joined power markets from Oct. 1, 2018, aiming to allow more traffic at reduced costs and less technical risks, as stated by regulators in both countries on Monday.
read more... 16/05/2017
Russia and Saudi Arabia are supporting the extension of oil production cuts until March 2018
The world’s biggest oil producers – Russia and Saudi Arabia – agreed on Monday that the oil output cut deal should be extended for another 9 months in the hope to push up the prices.
read more... 16/05/2017