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Daily (20.07.2017): EU carbon prices decreased by 1.5% on Wednesday
Oil soared on Wednesday, supported by strong demand for gasoline in the US and a major decline in the stocks, according to the API. Brent crude jumped by 1.76% to close at $49.70 a barrel, while WTI price rose by 1.55% to end at $47.12 a barrel.
read more... 20/07/2017
Drax accelerates plans for coal conversion to gas
Britain's Drax, which once owned Europe's most polluting coal-fired power plant, is accelerating plans to transform one of its six units to gas and could offer for a capacity contract as early as 2019, as stated by its chief executive on Wednesday.
read more... 20/07/2017
Output at two EDF nuclear reactors cut due to heatwave
French electric utility company EDF announced about the reduction of the output at two reactors at its Tricastin nuclear plant located in southern France, due to blistering weather.
read more... 19/07/2017
Vattenfall and Trafigura to sell gas to Ukraine’s Naftogaz
Ukraine's Naftogaz intends to sign deals with two European companies, particularly Trafigura Trading, Sarl and Vattenfall Energy Trading GmbH, aiming the purchase of natural gas, as it seeks to divert from the Russian energy imports.
read more... 19/07/2017
Daily (19.07.2017): Oil prices jumped by 0.8% on Tuesday supported by strong demand from China
Oil prices jumped on Tuesday, supported by strong demand from China. Nevertheless, many markets are well supplied and oil for prompt delivery is trading at heavy discounts to forward futures, consequently crude oil prices remain under pressure and trading volumes are quite low. Brent crude edged up by almost 0.9% to close at $48.84 a barrel, while WTI price rose by 0.83% to end at $46.40 a barrel.
read more... 19/07/2017