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Daily (19.02.2021): UK gas prices surged on Thursday amid diminishing storage levels, supportive technical indicators and stronger carbon prices

Oil prices retreated on Thursday, ending three sessions of increases, despite a larger than expected drop in crude stocks in the United States. The decline came amid speculation that OPEC+ may discuss an increase in production at their meeting early next month. Hence, Brent crude lost 41 cents, or 0.6%, to settle at $63.93 a barrel. U.S. WTI crude fell by 62 cents, or 1%, to settle at $60.52 a barrel.

read more... 19/02/2021

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Ukraine’s exchange launches gas storage trading

Ukraine's energy exchange UEEX plans to introduce trading products for gas held in underground storage facilities under the customs-free warehouse regime from late April.

read more... 08/02/2021

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UK battery storage developer Eelpower signs joint venture deal with Swiss fund

UK battery storage developer Eelpower has entered a joint venture agreement with SUSI Infrastructure Partners of Switzerland to accelerate the rollout of Eelpower's UK energy storage portfolio, Eelpower and SUSI Partners said Jan. 25.

read more... 26/01/2021

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Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.

read more... 15/01/2021

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Ukraine’s Ukrtransgaz to offer annual storage capacity

Ukraine's Ukrtransgaz will offer in February gas storage capacity with guaranteed injection and withdrawal capacity for up to four storage years starting from 1 April 2021.

read more... 14/12/2020

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