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Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub

Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.

read more... 13/12/2017

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Notice signed to continue contracts to build four VVER-1200 units at the El Dabaa nuclear plant

Rosatom Director General Alexey Likhachov and Egypt's Minister of Electricity and Renewable Energy Mohamed Shaker agreed to proceed with contracts for the construction of four VVER-1200 units at the El Dabaa nuclear power site.

read more... 12/12/2017

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Baltic Pipe gas pipeline might obtain final approval in late 2018

The final investment decision (FID) for the natural gas pipeline project between Denmark and Poland, the Baltic Pipe, might be taken no later than December 2018.

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Germany on the path to have hydrogen powered trains by 2021

Rail manufacturer Alstom plans to replace the diesel vehicles of the transport authority Elbe-Weser-Verkehrsbetriebe (evb) with hydrogen-power trains from December 2021.

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Daily (12.12.2017): UK spot gas price rose 11% on colder weather and higher demand

Oil prices increased on Monday, overcoming declines early in the session, after a North Sea pipeline was closed for repairs and investors concentrated on commodities following an explosion in New York. Brent crude futures ended $1.29, or about 2 percent, higher at $64.69 a barrel.

read more... 12/12/2017

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