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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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Daily: German spot power prices extend gains as wind power declines

Crude oil prices trimmed off earlier gains to end Tuesday nearly steady, as the support from OPEC’s plan to cut production were undermined by an energy watchdog’s assessment of how much those nations are currently producing. Brent crude rose by 3 cents to settle at $55.72 a barrel and the U.S crude WTI increased just 15 cents to close at $52.98 a barrel, losing ground late in the session.

read more... 14/12/2016

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Germany’s E.ON to build new 228 MW onshore windfarm in the U.S.

German electric utility service provider E. ON unveiled it will build a new 228MW onshore windfarm in Willacy County, Texas.

read more... 13/12/2016

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Daily: Electricity curve prices in Europe decline on French nuclear restart, higher wind, thermal output in Germany

Crude oil prices settled lower on Tuesday for the first time since OPEC agreed on November 30 to curb output, as data showed record output in producer group fed skepticism that it would be able to curtail supplies. Brent futures shed $1.01 to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures eased 86 cents to end at $50.93 per barrel. Crude had soared over 15 percent in the four sessions since the November 30 OPEC meeting.

read more... 07/12/2016

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