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Daily (31.12.2018): HO-HO-HO French electricity price for 2019-delivery tumbled by over 8% on Friday, due to weaker demand
Oil crude prices recovered somewhat on Friday, tracking bullish stock markets. However, continuing concerns over a persistent supply glut have limited gains. Brent crude price edged higher at $52.2 a barrel. In the meantime, the price for WTI crude surged by 1.6% to settle at $45.33 a barrel.
read more... 31/12/2018
Spain Will Close Every Single Coal Mine by 2019
Spain will stop its operations on at least 26 coal mines in 2019, putting an end to the exploitation of said mineral. The mines that will be closed can be found in the communities of Asturias, Aragon and Castilla and Leon.
read more... 31/12/2018
Montenegro awards land concession for solar energy project of Fortum, EPCG
Montenegro's government said it approved a 30-year concession of two land plots in Ulcinj municipality for the construction of a photovoltaic (PV) plant by a consortium of Finland's Fortum and Montenegrin power utility EPCG.
read more... 31/12/2018
Russia’s gas exports to Europe reach record high
Russia’s gas exports to Europe reached a record high in 2018 despite diplomatic tensions and the will of the European Union to reduce its dependence on Russia, Gazprom reported on Friday.
read more... 31/12/2018
Daily (28.12.2018): NBP spot plunged by 7.8% on Thursday, due to an oversupplied system
Oil prices turned bearish again on Thursday, due to forecasts for weaker global economic growth and record production of crude, which weighed down on the market. Brent crude slumped by 4.2% to $52.16 a barrel. At the same time, the rise in U.S. stocks contributed to a 3.5% decline in WTI crude to $44.61 a barrel.
read more... 28/12/2018