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Shale gas fracking rejected in Wales
The Welsh parliament has voted against the utilization of shale gas fracking in Wales, just one week after Scotland passed a fracking moratorium, accentuating increasing dissatisfaction with the British government's ambition to blow shale gas resources.
read more... 05/02/2015
RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos
German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.
read more... 04/02/2015
Germany: rate of solar panel additions reduces in 2014
German solar panel installations dropped by 42.4 percent last year to 1.9 gigawatts (GW), as indicated by data from energy regulator, the Bundesnetzagentur.
read more... 04/02/2015
Russia: Gazprom reduces gas price for Ukraine in first quarter
Ukraine will pay less for Russian gas in the first quarter compared with the last quarter because of a drop in the price of oil, as stated on Tuesday by Sergei Kupriyanov, representative for state-owned gas producer Gazprom.
read more... 04/02/2015
Daily: Crude oil prices up 19 percent in four day on dollar depreciation
Crude oil prices settled higher again on Tuesday as a depreciating dollar pushed up most commodities, bringing crude’s four-day increase to about 19 percent, its largest since January 2009. Benchmark Brent crude oil increased $3.16, or nearly 6 percent, to close at $57.91 a barrel. It jumped as high as $59 for the first time since end of December. WTI crude boosted $3.48, or 7 percent, to settle at $53.05, after a session peak at $54.24.
read more... 04/02/2015