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Daily: Electricity curve prices in Europe decline on French nuclear restart, higher wind, thermal output in Germany

Crude oil prices settled lower on Tuesday for the first time since OPEC agreed on November 30 to curb output, as data showed record output in producer group fed skepticism that it would be able to curtail supplies. Brent futures shed $1.01 to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures eased 86 cents to end at $50.93 per barrel. Crude had soared over 15 percent in the four sessions since the November 30 OPEC meeting.

read more... 07/12/2016


Switzerland to decide in a referendum over its nuclear future

Switzerland will vote in a referendum on November 27 on whether to exit nuclear power, a move that will reduce nuclear risk, but will increase dependence on fossil fuels from Germany or imported nuclear power from France.

read more... 25/11/2016


Putin announces Merkel that gas supplied to EU could be siphoned off in Ukraine

Russian President Vladimir Putin informed Germany's Chancellor Angela Merkel on Monday of the risk of Ukraine siphoning off Russian gas intended for Europe, as stated by the Kremlin.

read more... 15/11/2016


Poland: PGNiG envisages to take legal action over EU Opal pipeline move

Polish state-controlled gas company PGNiG declared that an EU decision to permit Gazprom more access to Germany's Opal gas pipeline was very negative for central and eastern Europe and threatened to take legal action against the move.

read more... 10/11/2016


Germany to equally distribute electricity network costs

Germany intends to distribute more evenly the bill for its electricity networks across regions, a move that would benefit households and small firms in east Germany, as mentioned in a draft law noticed by Reuters on Thursday.

read more... 04/11/2016