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Daily (19.02.2019): EU carbon prices declined by 2% on Monday, tracking bearish gas markets

Supply cuts led by the OPEC and Russia have boosted oil prices on Monday. However, gains were limited by the announcement of weak car sales data in China. Brent crude edged 0.4% higher at 66.50 USD/bbl, whereas WTI futures rose by 0.9% to 56.06 USD/bbl

read more... 19/02/2019

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Turkey to invest $23 million for TurkStream in 2019

Turkey plans to invest 122 million Turkish Liras in 2019, equivalent to around $23 million, for the land section on Turkish soil of the TurkStream natural gas pipeline, according to the government's 2019 investment plan released on Monday.

read more... 19/02/2019

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Italian Eni increases oil & gas production in Kazakhstan

Italian Eni increased its oil and natural gas production in Kazakhstan by 8.3 % in 2018 compared to 2017, Trendreports with reference to the company’s data.

read more... 18/02/2019

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BP-AKR plans to have 350 fuel stations by 2028

Publicly listed fuel trader PT AKR Corporindo and British oil and gas company BP have already opened four fuel stations in Indonesia under a joint venture established by the companies. By 2028, they hope to raise the number of stations to 350.

read more... 15/02/2019

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Germany set to build LNG terminals amid European gas battle

Germany will likely build 2 terminals to import LNG, Economy Minister Peter Altmaier said as Oilprice reported, in a move to appease the U.S. while Berlin also supports the Russia-led Nord Stream 2 gas pipeline, which has divided the EU member states in recent years.

read more... 14/02/2019

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