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Finland's Fortum to gain control of Uniper in $2.5 billion deal

Fortum is set to gain control of German energy firm Uniper after the Finnish state-controlled utility said it will acquire a further 20.5% stake, putting an end to a long-standing deadlock between the companies.

read more... 08/10/2019

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Daily (27.09.2019): European carbon prices jumped by 1.7% on Thursday amidst bullish technical signs

Crude oil prices were mixed on Thursday. Brent crude inched up by 0.6% to $62.74 a barrel, following Donald Trump’s affirmation that a deal between China and U.S. could happen sooner than expected. Meanwhile, sluggish economic data in major European economies and Japan, as well as a faster-than-anticipated recovery of Saudi output after the recent attacks sent WTI futures 0.1% down at $56.41 a barrel on Thursday.

read more... 27/09/2019

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ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion

The U.S. major on Thursday said the deal was part of its plan to sell $15 billion worth of non-core assets by 2021.

read more... 27/09/2019

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Microsoft inks renewable PPA with French utility ENGIE

Microsoft has signed a long term deal to buy solar and wind power from ENGIE’s renewable plants in the US.

read more... 26/09/2019

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BP firms up LNG supply deal with Ørsted

Danish renewable energy company Ørsted has secured volumes of liquefied natural gas through a deal with the UK-based BP.

read more... 25/09/2019

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