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Daily: Oil prices near flat in calm trade ahead of Christmas
Crude oil prices did not change significantly on Monday in quite traded ahead of Christmas as the market waited to observe whether U.S. shale gas production would increase enough to offset projected output cuts by OPEC, Russia and other producers in 2017. Brent futures for February delivery fell 29 cents or 0.5 percent, to settle at $54.92 a barrel, while U.S. West Texas Intermediate crude for January gained 22 cents, or 0.4 percent, to close at $52.12 per barrel.
read more... 20/12/2016
EBRD to grant €400 million for small-scale renewable energy projects in Turkey
The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey.
read more... 07/12/2016
Gas Interconnector Greece-Bulgaria receives five submit binding offers
Five binding offers have been submitted on a long-term basis for the binding phase of the market test for the gas interconnector Greece-Bulgaria, the joint venture in charge of the project said in a statement.
read more... 05/12/2016
Dutch government suggests 33% increase in renewables spending for 2017
The Dutch government on Wednesday suggested a 33 percent raise in its budget for green energy projects in 2017, since it tries to catch up after lagging on its 2020 emission reduction goals.
read more... 02/12/2016
BP gives the go-ahead for the $9bn Mad Dog 2 oil project in the Gulf of Mexico
BP has given the go-ahead for the $9bn Mad Dog 2 oil project in the US Gulf of Mexico despite a slump in oil prices.
read more... 02/12/2016