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Daily: Crude oil price rally stops on robust supplies estimates
Crude oil prices stopped their hike on Wednesday, with prices declining 5 percent or even more after traders and investors were awestruck by the latest estimates for U.S. supply builds that overtook nearly five times the market expectations.
read more... 19/02/2015
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
Poland’s power exchange estimates financial futures in 2015
The Warsaw Stock Exchange's Polish Power Exchange would like to propose electricity futures contracts as of 2015 to accelerate expansion of the power market in Eastern Europe's leading economy, as stated on Monday by the C.E.O. of the exchange, POLPX.
read more... 09/09/2014
China revises down its shale gas output estimates by 2020
China has slashed in half the quantity of shale gas it forecasted to produce by 2020, as the exploration to tap the unconventional fuel proved challenging, according to China's National Energy Administration.
read more... 07/08/2014
Britain: 12 GW of power plant capacity to be taken offline by the end of 2023
About 12 GW of power plant capacity might be taken offline in Britain by the end of 2023, because of tougher European Union pollution laws, according to Reuters estimates published on Wednesday. Britain’s main goal is to ascertain a varied, low-carbon and efficient energy mix so as to cut emissions and offer consumers the best transaction, as stated by a spokeswoman from the UK’s Department of Energy and Climate Change.
read more... 13/03/2014