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Daily (24.05.2017): EU carbon prices slipped back from a one-month high on Tuesday

Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.

read more... 24/05/2017

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Shell shareholders reject the proposal on emissions target

Royal Dutch Shell shareholders on Tuesday voted 94% against a proposal made by an ecological group requesting the oil company to establish and publish yearly objectives to cut carbon emissions.

read more... 24/05/2017

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UK to stay in EU ETS after Brexit, as predict carbon market industry figures

According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.

read more... 19/05/2017

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Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast

Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.

read more... 19/05/2017

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Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high

Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.

read more... 19/05/2017

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