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Polish regulator authorized PGNiG gas price increase for Q1 2017

Poland's largest gas company PGNiG will raise the price of high-methane gas it sells by 12.2 percent and the price of nitrogen-rich gas by 13.4 percent from the beginning of next year, the firm said, mentioning an approval from energy regulator URE.

read more... 19/12/2016

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Germany might not attain 2020 climate targets

A report from Germany’s environment ministry has announced that the nation could fail to attain its 2020 climate objectives.

read more... 16/12/2016

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Germany’s Bundestag approves nuclear waste deal with four utilities

An overwhelming majority in Germany's lower house of parliament has approved a new law on Thursday which will oblige country’s top utilities pay into a 23.6 billion-euro ($24.8 billion) state fund from next year in return for shifting the liability for nuclear waste storage to the government.

read more... 16/12/2016

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Shell to purchase 100% of electricity from its own Dutch offshore windfarm

Shell Energy Europe Ltd, which is a subsidiary of oil and gas giant Royal Dutch Shell, has signed an offtake deal for 100% of the electricity generated by the 108-MW Egmond aan Zee offshore wind farm in Dutch waters.

read more... 16/12/2016

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Daily: European spot electricity prices diverge, with German contract up amid lower winds forecasts

Crude oil prices ended little changed on Thursday after hesitating the whole session between the negative influence of a strengthening dollar and the persistent speculation of a consequent decrease of the supply following the OPEC’s agreements. Brent futures for February delivery rose by 12 cents, or 0.2 percent, to settle at $54.02 per barrel, while U.S. crude lost 14 cents, or 0.3 percent, to settle at $50.90, its lowest level in a week.

read more... 16/12/2016

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