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EU bank grants €70m for renewable energy in France and Germany
The European Investment Bank (EIB) has granted a further €70 million (£62m) for renewable energy projects in France and Germany.
read more... 27/06/2018
Daily (25.06.2018): OPEC’s decision to moderately increase oil production led to a hike in crude prices on Friday
Oil prices jumped on Friday after OPEC settled on a moderate increase in production, below figures discussed ahead of the reunion held in Vienna. Brent crude soared by 3.4% to $75.55 a barrel. Moreover, lower output in Venezuela and Trump’s sanctions on Iran also boosted prices, with WTI crude closing 4.6$ higher at $68.58 a barrel.
read more... 25/06/2018
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China Set To Cut U.S. Oil Imports As Trade War Heats Up
Chinese oil customers plan to reduce their intake of U.S. crude oil from September onwards to avoid a possible import tariff on American oil in China, due to the uncertain outcome of the current trade tensions, Reuters reported on Thursday, citing Chinese industry sources
read more... 22/06/2018
Daily (21.06.2018): European power spot prices tumbled on Wednesday due to increased wind generation
Brent crude edged 0.5% lower to $74.74 a barrel on Wednesday, as Iran announced about the possibility to slightly raise the output. Moreover, Saudi Arabia is planning to return 500,000-600,000 barrels to the market.
read more... 21/06/2018
EU must support extended use of reactors, says Foratom
Foratom, the European nuclear trade body, has called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear power reactors in their role to help Europe meet its climate targets.
read more... 21/06/2018