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Obton launches new solar fund targeting EUR 1.6bn

Denmark-based renewables investor and asset manager Obton said on Thursday it is launching its biggest solar fund to date, targeting EUR 1.6 billion (USD 1.79bn) in sustainable investments.

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France is 2019’s biggest electricity exporter, Italy the largest importer

A new report reveals that France was Europe’s biggest exporter of power in the first 11 months of this year, while Italy imported the largest volume of electricity.

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Chevron, Total sanction $5.7bn development of Anchor oil field

Chevron and Total to move ahead with development of Anchor oil field. Photo: courtesy of C Morrison from Pixabay.

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Daily (12.12.2019): Brent crude down 1% on Wednesday following an unexpected increase in crude inventories

Oil futures ended lower on Wednesday after U.S. government data indicated a surprise increase in domestic supply in crude oil, as well as important gains in gasoline and distillate inventories. Brent crude for February delivery slipped by 62 cents, or around 1% to settle at $63.72 a barrel. WTI crude for January delivery declined 48 cents, or 0.8%, to close at $58.76 a barrel.

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Botas issues large tender for 30 LNG cargoes

Turkish oil and gas pipeline operator Botas is reportedly seeking 30 liquefied natural gas (LNG) cargoes for delivery over December 2019 to March 2020.

read more... 12/12/2019

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