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Daily (19.08.2019): The German spot power price tumbled by 27% due to lower demand

Oil prices rebounded from previous losses on Friday asfurther support from central banks might alleviate recession worries. Brent crude rose $0.41, or 0.7% to $58.64 a barrel. WTI futures added $0.40, or 0.7% to $54.87 a barrel.

read more... 19/08/2019

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Yamal LNG hits 20 mt milestone

Russia’s largest independent natural gas producer and LNG operator said its Yamal LNG project hit a new milestone.

read more... 19/08/2019

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Daily (16.08.2019): EU carbon prices at a new 5-week low on Thursday, due to speculative selling, Brexit fears and a weak macroeconomic context

Intensifying recession fears spurred by downbeat economic data in Europe and China dragged the crude oil prices lower on Thursday. China’s warning about potential countermeasures in response to the latest U.S. tariff on Chinese goods also weighed on the market. Moreover, the rise in the U.S. crude inventories, extended unexpectedly into the second week, added pressure on crude prices. Under such circumstances, Brent crude dropped by 2.1% to $58.23 a barrel, while WTI futures lost 1.4% to trade at $54.47 a barrel.

read more... 16/08/2019

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Germany's E.on plans 440-MW wind park in Texas

A week after opening a 201-MW wind park in Texas, German utility E.on SE announced it will build an even larger one in the Lone Star State.

read more... 16/08/2019

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Germany set to have 635bcf new-build LNG regasification capacity, 31% of Europe’s capacity growth by 2023

Germany is expected to drive capacity growth in Europe’s LNG regasification industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 31% of Europe’s total growth, according to GlobalData.

read more... 16/08/2019

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