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Putin announces Merkel that gas supplied to EU could be siphoned off in Ukraine
Russian President Vladimir Putin informed Germany's Chancellor Angela Merkel on Monday of the risk of Ukraine siphoning off Russian gas intended for Europe, as stated by the Kremlin.
read more... 15/11/2016
Global CO2 emissions remain flat for a third year in a row
According to a recent analysis released by the Global Carbon Project, last year global carbon dioxide emissions remained flat in spite of global GDP rising more than three per cent.
read more... 14/11/2016
Bulgaria and Romania launch a new natural gas pipeline
On Friday, Bulgaria and Romania have opened a new natural gas pipeline as part of Sofia’s objective to reduce its reliance on Russian gas. Bulgaria currently imports more than 90 percent of its gas from Russia’s Gazprom.
read more... 14/11/2016
Japan-India nuclear cooperation deal inked
The prime ministers of India and Japan have saluted the signature of a nuclear cooperation deal between the two nations. Narendra Modi and Shinzo Abe declared the accord reflects a new level of reciprocal confidence and strategic partnership for renewable energy, economic growth and a peaceful and secure world.
read more... 14/11/2016
Daily: Crude oil prices decline on revived doubts about the OPEC agreement
Crude oil prices ended down more than 2 percent on Friday on OPEC statement that October output hit another record, raising doubts if plans to curb production are achievable or enough to cut supply glut in the market. International Brent crude futures closed at $44.75 per barrel, down $1.09, or 2.4 percent. It had attained a low of $44.19, the lowest level since August. U.S. West Texas Intermediate (WTI) futures eased $1.25, or 2.8 percent, to settle at $43.41 per barrel, after recovering from a low of 43.04.
read more... 14/11/2016