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Daily (22.10.2019): NBP spot turned bearish to plunge by 17.8% on Monday, on rising flows via the Langeled pipeline

Crude oil prices traded lower on Monday, as the U.S. commerce secretary said that an initial China-U.S. trade deal does not need to be finalized next month, stoking concerns over global economic growth. Reports showing that Russia oil output surpassed OPEC+ quota also weighed on prices. However, slighlty higher European shares due to a potential optimistic Brexit deal limited losses. Hence, WTI futures fell by 0.9% to $53.31 a barrel, while Brent crude edged 0.8% down at $58.96 a barrel.

read more... 22/10/2019

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PGNiG makes oil and gas discovery at Skarv field in Norwegian Sea

PGNiG Upstream holds 40% share in the PL838 license, which is located in the Norwegian Sea and is directly adjacent to the Skarv and Ærfugl licenses

read more... 16/10/2019

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Total closes acquisition of Anadarko’s shareholding at $ 3.9 billion

Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.

read more... 01/10/2019

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Costa Rica produces 98.84% of its power from renewables in 2019

The share of renewables in Costa Rica’s power generation system reached 98.84% so far in 2019, Costa Rican government-run power company Instituto Costarricense de Electricidad (ICE) said Tuesday.

read more... 27/09/2019

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Renewables share in UK grows to 35.5% in Q2

The share of renewables in UK power generation reached 35.5% in the second quarter of 2019, up from 32% in the same three months of 2018

read more... 27/09/2019

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