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Daily: British spot gas prices up, spurred by outages, firmer oil prices

Crude oil prices climbed over 3 percent on Monday amid fresh speculation that OPEC would try to cut output, reducing supply glut worries that had pushed the market into three-month lows last week. U.S. U.S. West Texas Intermediate (WTI) crude rose by $1.22, or 2.9 percent, to settle at $43.02 per barrel. WTI reached April lows below $40 a barrel last week. Brent crude increased $1.12, or 2.5 percent, to close at $45.39.

read more... 09/08/2016

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PGNiG will supply to Ukrainian industrial market

Polish state-run oil and gas conglomerate PGNiG declared on August 4 it had started supplying to ERU Trading, the biggest privately-owned energy trader in Ukraine and a unit of Energy Resources of Ukraine. Deliveries will go to provide natural gas to Ukrainian industrial users.

read more... 08/08/2016

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Daily: Crude oil rebounds 3 percent on considerable U.S. gasoline withdrawal

Crude oil prices climbed more than 3 percent on Wednesday, with U.S. crude futures returning to above $40 a barrel, after a bigger-than-expected gasoline withdrawal offset an unexpected increase in crude inventories in the U.S. U.S. West Texas Intermediate (WTI) crude rose by $1.32, or 3.3 percent, to settle at $40.83 a barrel. Brent crude boosted $1.30, or 3.1 percent, to close at $43.10.

read more... 04/08/2016

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Scotland ranks second in reducing emissions in Western Europe

Scotland has attained the second biggest greenhouse gas (GHG) emissions cut in Western Europe.

read more... 02/08/2016

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Turkish Stream natural gas negotiations with Russia resume

Russian Energy Minister Aleksandr Novak declared that the negotiations with Turkey have restarted on the Turkish Stream natural gas project on Friday.

read more... 01/08/2016

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