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Daily (19.04.2018): WTI crude jumped by 3% on Wednesday to hit a peak since late 2014

Oil prices jumped on Wednesday due to a decline in U.S. crude inventories and after sources announced that top exporter Saudi Arabia wishes to see the oil price close to $100 a barrel. Brent crude added $1.90, or 2.7 percent, to end at $73.48 a barrel. WTI futures were $1.95, or 2.9 percent, up at $68.47 a barrel, their highest level since late 2014.

read more... 19/04/2018

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Shell plans to allot about $2bn yearly for cleaner energy tech

Shell made known about its intention to invest approximately $2 billion annually in new forms of electrical generation and renewables until 2020.

read more... 18/04/2018

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Daily (18.04.2018): German spot power contract down 6.3% on Tuesday due to milder weather and lower consumption

Oil prices surged on Tuesday, backed by the probability of supply interruption and a strong equities market, compensating the effects of profit-taking after last week's upward trend to three-year peaks. Brent crude added 16 cents, or 0.22%, to close at $71.58 a barrel. WTI futures soared by 0.5% to settle at $66.52.

read more... 18/04/2018

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First foundation installed at EnBW’s 497-MW Hohe See offshore wind farm

The 497-MW Hohe See wind project in the German North Sea has seen installed its first wind turbine foundation, as stated on Tuesday by the utility Energie Baden-Wuerttemberg AG, or EnBW.

read more... 18/04/2018

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UK: The first blockchain energy trade has taken place

The first blockchain energy trade in the UK has occurred at Hackney’s Banister House Estate, as stated by Verv, the energy trading platform via which the deal was possible.

read more... 17/04/2018

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