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Daily (15.12.2017): EU carbon contracts recovered slightly from two-month lows on Thursday
Oil prices surged on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year. Brent crude futures ended 1.4% higher at $63.31 a barrel. Meanwhile, U.S. West Texas Intermediate futures settled 44 cents, or 0.8 percent, to $57.04 a barrel.
read more... 15/12/2017
Schneider Electric doubles 2030 renewable targets
Schneider Electric company pledges to use 100% green electricity and double its energy productivity by 2030.
read more... 14/12/2017
UK should preserve close partnership with Euratom
The Business, Energy and Industrial Strategy (BEIS) Committee recommended the UK Government to preserve as close partnership possible with EU’s nuclear association after Brexit.
read more... 14/12/2017
Daily (14.12.2017): Oil prices fell 1% on Wednesday due to a continued increase in US crude production
Oil prices slumped for a second consecutive day on Wednesday, as a decline in U.S. crude stockpiles was counterbalanced by a larger-than-forecast increase in gasoline inventories and as U.S. crude production continued to grow to record peaks. Brent crude ended down 1.4 percent, or 90 cents, at $62.44 a barrel. U.S. West Texas Intermediate crude settled down 54 cents at $56.60 a barrel, a 1 percent decline.
read more... 14/12/2017
Italy declares state of emergency following a gas blast in Austria
After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.
read more... 13/12/2017