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Daily (22.09.2017): EU carbon contracts settled 5% down on lower electricity prices

Oil prices were mixed on Thursday as the market waited to see if the biggest oil producers would deepen supply reductions beyond March at a reunion in Vienna. Brent crude futures closed 0.25% up at $56.43 a barrel. Meanwhile, WTI crude futures ended 0.3% down at $50.55 per barrel.

read more... 22/09/2017


France: EDF will protect its business position in energy sector investigation

The French minister of environment Nicolas Hulot declared in July that about 17 reactors could be closed in France by the year 2025, as it tries to reduce the part of nuclear power in its electricity mix.

read more... 21/09/2017


Shell aims to enter UK electricity market

Shell Energy Europe announced its intention to enter the UK ellectricity market. For the sake of electricity supply it has applied for a licence to provide power to industrial and commercial businesses in Britain. The licence should be signed now, as planned by oil giant, in order to start supplying electricity at the beginning of next year.

read more... 19/09/2017


First sections of a power cable between UK and Belgium installed

The first segments of an electricity cable have been already installed on the sea depth this week to link the UK and Belgium.

read more... 15/09/2017


Daily (13.09.2017): German spot electricity prices down by over 53%, on forecasts of strong wind power supplies

Oil prices increased on Tuesday after OPEC declared it predicted higher demand for its crude next year.

read more... 13/09/2017