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Daily: European forward power prices increase on firmer fuel markets
Crude oil prices lost ground on Monday, after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading toward balance were mitigated by weakening demand in Asia, gasoline oversupply and expectations that crude output could rise. Brent crude futures eased 25 cents to settle at $50.10 per barrel. U.S. crude futures fell 23 cents to close at $48.76 per barrel. The trading for U.S. crude was thin as markets were closed on Monday for the U.S. Independence Day holiday.
read more... 05/07/2016
Siemens puts new wind power investment plans in the UK on hold after Brexit
Siemens, the largest engineering firm in Europe decided to freeze new wind power investment in UK following the vote to leave the European Union until future trading arrangements are clarified.
read more... 05/07/2016
Northern Ireland to launch its first bio-LNG plant
Greenville Energy Ltd, a renewable energy producer based in Northern Ireland, and French equipment supplier Cryo Pur have joined forces to develop a viable way in which to turn excess biogas into bio-LNG.
read more... 04/07/2016
Gazprom Export inaugurates a gas storage facility in Czech Republic
Gazprom Export, an unit of Russia's natural gas giant Gazprom , inaugurated an underground gas storage facility in the Czech Republic, which started operating on Friday.
read more... 04/07/2016
RWE and Qatargas ink a 7.5 year deal for LNG supplies to Europe
RWE, leading European electricity and gas company and Qatargas, the world’s premier LNG company, unveiled a seven and half LNG delivery deal in Europe, declared the German utility.
read more... 04/07/2016