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Royal Dutch Shell divests $1.3bn worth of oil and gas assets in Norway, Malaysia
Royal Dutch Shell has announced the sale of oil and gas assets in Norway and Malaysia for a total of more than $1.3bn.
read more... 22/06/2018
Asper Powers ahead on Irish wind
London-based Asper Investment Management and the Craydel Group announced that financial close of a 35MW onshore wind farm in county Galway took place earlier this week. The project is the 6th wind farm financed together in Ireland by the Invis Energy partners.
read more... 22/06/2018
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China Set To Cut U.S. Oil Imports As Trade War Heats Up
Chinese oil customers plan to reduce their intake of U.S. crude oil from September onwards to avoid a possible import tariff on American oil in China, due to the uncertain outcome of the current trade tensions, Reuters reported on Thursday, citing Chinese industry sources
read more... 22/06/2018
Daily (21.06.2018): European power spot prices tumbled on Wednesday due to increased wind generation
Brent crude edged 0.5% lower to $74.74 a barrel on Wednesday, as Iran announced about the possibility to slightly raise the output. Moreover, Saudi Arabia is planning to return 500,000-600,000 barrels to the market.
read more... 21/06/2018
EU must support extended use of reactors, says Foratom
Foratom, the European nuclear trade body, has called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear power reactors in their role to help Europe meet its climate targets.
read more... 21/06/2018