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EU plans to review permits to all high-emission plants

In an effort to combat air pollution, the European Commission intends to review all permits of large combustion plants.

read more... 02/08/2017

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China and Pakistan sign framework agreement on uranium exploration

China and Pakistan are to cooperate on a framework agreement regarding the uranium exploration and development. A similar agreement was signed between China and Saudi Arabia last year.

read more... 01/08/2017

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Shell’s largest European refinery shuts down after fire

After fire broke out at one of its biggest refineries in Europe, Shell said they will temporarily shut it down.

read more... 01/08/2017

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Daily (01.08.2017): European spot electricity prices soared by 60-70% on Monday on high air conditioning demand

Oil was slightly bullish near two-month highs on Monday, putting July 2017 to become the strongest month so far this year. Tightening U.S. market after heavy inventory falls and slower new oil rig additions supported the prices. Sentiment in the oil market is very bullish as some OPEC and non-OPEC members will meet on Aug. 7-8 in Abu Dhabi to assess compliance with production cuts. Also, the U.S. is considering imposing sanctions on Venezuela's oil sector, pushing up the prices. Brent crude rose by 0.25% to $52.65 a barrel, while WTI price rose by almost 1% to close at $50.17 a barrel.

read more... 01/08/2017

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Renewable power accounted for nearly 90% of Europe’s new power in 2016

Renewable power sources added to the European electricity grid accounted for nearly 90% of last year’s new power, which is a sign of the continent’s transition to clean energy.

read more... 01/08/2017

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