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News on Energy
Turkey, Russia pursue gas pipe dream as EU frets

Declarations by Russia and Turkey last week reviving plans for the TurkStream natural gas pipeline linking the two have worried EU diplomats who see it strengthening Moscow's hand - but analysts say the project is more rhetoric than reality.

  • Date: 01.08.2016  |  Published on EGF: 01.08.2016  |  Energy  |  from http://www.reuters.com
UK's May made decision to delay Hinkley nuclear project: source

British Prime Minister Theresa May personally intervened to delay the French and Chinese-backed Hinkley Point nuclear project so she could further consider the deal, a government source said, explaining Friday's shock move.

  • Date: 30.07.2016  |  Published on EGF: 30.07.2016  |  Energy  |  from http://www.reuters.com
China launches new alert system to tame wind power investments

China has launched a risk alerting system to prevent further investments in wind power generation in certain locations, after large amounts of power were wasted due to inadequate power transmission infrastructure.

  • Date: 21.07.2016  |  Published on EGF: 21.07.2016  |  Energy  |  from http://www.reuters.com
Oil up 2 percent after two-day drop; caution still on gasoline, Brexit

Oil prices rose almost 2 percent on Wednesday as robust U.S. economic data lifted crude futures from two days of declines, although a gasoline glut and woes from Britain's European Union exit suggested more pressure ahead.

  • Date: 06.07.2016  |  Published on EGF: 06.07.2016  |  Energy  |  from http://www.reuters.com
Oil eases as weak demand tempers bullish Saudi energy minister comments

Oil prices eased on Monday after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading towards balance were tempered by signs of slowing demand in Asia.

  • Date: 04.07.2016  |  Published on EGF: 04.07.2016  |  Energy  |  from http://www.reuters.com
Rosatom's global nuclear ambition cramped by Kremlin politics

The $100 billion overseas order book of Russia's nuclear power plant builder Rosatom -- bigger than all its Western competitors combined -- makes it look like the giant in its field.

  • Date: 26.06.2016  |  Published on EGF: 26.06.2016  |  Energy  |  from http://www.reuters.com
Rosneft's Sechin says Saudi Arabia, U.S. and Russia call shots on oil markets

Igor Sechin, the head of Russia's top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players on global oil markets, dismissing again OPEC's role as a regulator.

  • Date: 21.06.2016  |  Published on EGF: 21.06.2016  |  Energy  |  from http://www.reuters.com
With oil price near $50, resilient U.S. shale producers eye new chapter

Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.

  • Date: 20.06.2016  |  Published on EGF: 20.06.2016  |  Energy  |  from http://www.reuters.com
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