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Daily (21.07.2017): EU carbon prices decreased by 1.5% on Thursday, but still at a 3 month-high

Oil prices dropped on Thursday on rising output from the U.S., Libya and Nigeria before the meeting of major oil producers, expected to be held in Russia on Monday. Brent crude tumbled by 0.8% to end at $49.30 a barrel, while WTI price declined by 0.42% to close at $46.92 a barrel.

read more... 21/07/2017

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Russia faces hardship installing Siemens turbines in Crimea

After thumbing their nose at the European sanctions and bringing gas turbines made by the German company Siemens to Crimea, Russia struggles to install them, since the company refuses to engage in anything that has to do with the equipment that was delivered to the sanction-bound region.

read more... 20/07/2017

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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

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Saipem designated to build offshore LNG platforms in the Arctic

Russia’s Novatek is planning on surpassing Qatar, the world’s leading exporter in LNG, with the help of Italy’s Saipem, which is expected to be assigned to build LNG platforms on the Gydan Peninsula in the Arctic.

read more... 18/07/2017

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Tanzania Mkuju River mining project suspended

The international mining company owned by the Russian corporation Rosatom stated that, after proper negotiations and consultations, its subsidiary, Mantra Tanzania, is ready to halt all activity surrounding the Mkuju River project due to the depressed market price all over the world.

read more... 11/07/2017

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