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TotalEnergies sold 50% of the Greek renewables portfolio to TotalEnergies for 254 millions euros
PARIS, December 17 - TotalEnergies, the French oil major, has agreed to sell 50% of its 424 megawatt portfolio of Greek wind and solar assets to Asterion Industrial Partners of Spain for 254 millions euros ($297.36million), according to an announcement made on Wednesday. It said that…
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EUROPE GAS-European gas prices rise due to a colder and less windy climate, LNG shortage
Gas prices in the Netherlands and Britain rose on Wednesday, supported by an improved weather forecast and an interruption at the Freeport Liquefied Natural Gas?plant. Storages are still 'below previous years' levels. LSEG data shows that the benchmark Dutch front-month contract was 27.50 euros per Megawatt Hour (MWh) or $9.44/mmBtu at 0941 GMT.
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Palm trades at a tight range, as a strong crude oil offsets slowing exports
Malaysian palm futures were in a tight trading range on Wednesday as higher?crude prices supported the market while concerns about sluggish?exports and 'elevated inventories' continued to weigh. The benchmark palm?contract? for March delivery at Bursa Derivatives Exchange rose 3 ringgit (0.08%) to $3,965 ringgit (970.39 USD) per metric ton.
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Wall St futures rise as investors look at more data and geopolitics
U.S. Stock Index Futures climbed a little higher on Wednesday, as investors waited for more economic data in order to determine the direction of monetary policy. They also monitored geopolitical tensions that were escalating in Venezuela. This pushed oil prices up. Later in the day…
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Freeport LNG Export Plant in Texas will take in more natgas data shows
Data from the financial firm LSEG revealed that U.S. liquefied gas company Freeport LNG was'set to receive more natural gas in its Texas export plant on Wednesday. This implies a resumption of service by one of three liquefaction train after it had been shut down on Tuesday. It is one of the U.S.
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Bolivia president removes fuel subsidies
Bolivian President Rodrigo Paz who was elected last month said on Wednesday that his government will remove the 'long-standing'…
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Australian shares continue to fall on the back of the mining slump, Woodside falls on CEO's surprise departure
The Australian share market was set to record a fourth consecutive day of losses, led by the miners. Meanwhile, energy stocks…
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BP appoints Woodside's Meg O'Neill to be CEO following Auchincloss' abrupt departure
BP, a major oil and gas company, announced that it has appointed Meg O'Neill as its 'CEO', effective April 1, after abruptly…
Latest news
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Wall Street closes lower after AI funding worries drag down tech stocks
Wall Street's major indexes ended lower on Wednesday. The S&P 500, and the tech-heavy Nasdaq fell to new lows in three weeks…
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Wall Street closes lower after AI funding worries drag down tech stocks
Wall Street's major indexes fell on Wednesday, as the S&P 500 and tech-heavy Nasdaq sank to three-week lows. Worries about…
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Wall Street drops as AI funding worries hit tech stocks
Wall Street's major indexes dropped on Wednesday. The?S&P 500, and the tech-heavy Nasdaq were at their lowest levels in three…
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Netanyahu: Israel has approved a natural gas agreement with Egypt
Israel approved a deal to supply natural gas to Egypt. Israeli Prime Minister Benjamin Netanyahu announced the deal on Wednesday.
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Carlyle hires Goldman Sachs to bid for Lukoil assets
Two sources familiar with the matter said that Carlyle, the U.S.-based private equity firm, has hired Goldman Sachs for its…
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Dallas Fed energy survey shows little change in oil and gas production during Q4
According to a Federal Reserve Bank of Dallas survey, oil and?gas production in Texas, Louisiana, and New Mexico?edged down…
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The UK has exempted Egypt's Zohr Gas Field from Russian sanctions
Britain added Egypt's Zohr Gas Field, where Russian oil major Rosneft has a 30% stake - and London-based BP a 10% one – to…
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The UK has exempted Egypt's Zohr Gas Field from Russian sanctions
The UK added Egypt's Zohr Gas Field, where?Russian oil giant Rosneft has a 30% stake? and London-based BP has a 10%?holding?…
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In Poland's 2030 climate plan, renewable energy will make up 51-53% of the power mix.
The energy ministry said that Poland aims to have 51%-53% of its electricity mix made up by renewable energy sources by 2030.
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Wall St. inches up as investors focus on policy outlook; Oracle slips
Wall Street's major indexes rose slightly in volatile trading Wednesday as investors sought clues about the future of interest rates.
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Poland's offshore auction is seen as a key test for Europe following failed tenders
Poland will launch its first competitive offshore auction on Wednesday. Experts say that this test could help revive Europe's struggling wind sector…
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Canada announces new rules for reducing oil and gas methane emission
Canada has announced rules that have been promised for years to reduce methane emissions in the country's oil & gas sector.
Shale Oil & Gas
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Wall St. inches up as investors focus on policy outlook; Oracle slips
Wall Street's major indexes rose slightly in volatile trading Wednesday as investors sought clues about the future of interest rates.
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Wall St futures rise as investors look at more data and geopolitics
U.S. Stock Index Futures climbed a little higher on Wednesday, as investors waited for more economic data in order to determine…
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Petrobras enters Brazil's solar energy sector with deal for Lightsource bp subsidiary Lightsource Bp 49.99%
The state-owned oil company of Brazil, Petrobras, has signed a deal with Lightsource bp to purchase 49.99%?of its subsidiaries in the country.
LNG
Renewables
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EUROPE GAS-European gas prices rise due to a colder and less windy climate, LNG shortage
Gas prices in the Netherlands and Britain rose on Wednesday, supported by an improved weather forecast and an interruption…
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TotalEnergies sold 50% of the Greek renewables portfolio to TotalEnergies for 254 millions euros
PARIS, December 17 - TotalEnergies, the French oil major, has agreed to sell 50% of its 424 megawatt portfolio of Greek wind…
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Poland's offshore auction is seen as a key test for Europe following failed tenders
Poland will launch its first competitive offshore auction on Wednesday. Experts say that this test could help revive Europe's struggling wind sector…