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Controversial Hinkley Point nuclear project gets final go-ahead after three years of negotiations

France will give the green light for the construction of controversial £18bn Hinkley Point nuclear plant, as confirmed by rench economy minister Emmanuel Macron.

read more... 19/04/2016

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Engie to sell its coal assets in Poland

French energy giant Engie envisages selling its assets in Poland, including the 1800 megawatt (MW) coal fuelled power plant in the south-eastern town of Polaniec, according to Puls Biznesu daily.

read more... 19/04/2016

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Daily: Crude oil prices shed after Doha meeting failure

Crude oil prices shed on Monday after a plan by top oil producers to freeze production failed, but a Kuwait oil industry strike helped the market cut losses and rebound from the day’s lows. Brent closed down 19 cents, or 0.4 percent, at $42.91 a barrel. It had declined $3 earlier in the session. U.S. crude WTI slid 58 cents, or 1.4 percent, to settle at $39.78 a barrel, after falling to $37.61 at the day's low.

read more... 19/04/2016

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French government has not decided on UK Hinkley Point nuclear power plant

The construction of the most expensive nuclear power station in the world at Hinkley Point, near Somerset, could be delayed again, a French government official has hinted.

read more... 15/04/2016

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Egypt receives $4bn financing from international banks to develop 14 GW of CHP plants

Egypt's state-owned Egyptian Electricity Holding Company (EEHC) has received €3.5bn ($4bn) in financing from Deutsche Bank, HSBC and KfW's Ipex Bank to support the development of three gas power plants, which have a combined capacity of 14.4GW in Egypt.

read more... 14/04/2016

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