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Daily (14.02.2020): Brent up 1% on Thursday on prospects for deeper supply cuts

Crude oil futures edged higher for the third day in a row on Thursday, as the likelihood of deeper OPEC+ supply reductions offset forecasts for a declining demand due to the coronavirus spread. Brent crude for April delivery rose by 55 cents, or 1%, to settle at $56.34 a barrel on ICE London. U.S. WTI crude firmed by 25 cents, or 0.5%, to end at $51.42 a barrel on NYMEX.

read more... 14/02/2020

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Daily (13.02.2020): EUAs tested the €24-level on Wednesday amid a strong auction in Poland, a bullish energy complex

Crude oil futures soared on Wednesday as signs that the spread of China’s coronavirus may be easing increased investors’ confidence. Brent crude for April delivery rose by $1.78, or 3.3%, to settle at $55.79 per barrel. U.S. WTI crude gained $1.23, or 2.5%, to close at $51.17.

read more... 13/02/2020

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Enel partners Powel to take advantage of the changing Italian market

The Norwegian software company already includes Axpo, E.ON, Fortum, Luminus, RWE, Statkraft, Uniper and Vattenfall as clients.

read more... 13/02/2020

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Iberdrola to build 328 MW of Spanish PV under PPA with telco Orange

Iberdrola SA and French telecom group Orange SA r project in the home country.

read more... 13/02/2020

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EU bank approves €4.9bn for green projects in first meeting without the UK

The European Investment Bank (EIB) has approved €4.9 billion (£4bn) of funding for climate-friendly infrastructure projects in its first board meeting without the UK.

read more... 13/02/2020

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