Latest news
California carbon trading market could be linked with China
California Governor Jerry Brown declared on Thursday about his plan to discuss merging carbon trading markets in his state and China when he goes to Asia later this week, denoting his ambition to influence global climate change policy.
read more... 02/06/2017
Italy: Eni inked an $8 billion deal to develop a gas field off the coast of Mozambique
Italian energy company Eni inked an agreement valued at $8 billion on Thursday to develop the Mozambique’s Coral South field, discovered in May 2012, which contains about 450 billion cubic meters, or 16 trillion cubic feet (tcf) of gas.
read more... 02/06/2017
Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017
Daily (31.05.2017): European power curve prices hit their peak in three months on Tuesday
Oil prices plunged by around 1% on Tuesday, on signs of resurgent crude production in Libya and worries that extended output cuts might not be sufficient to drain a global glut.
read more... 31/05/2017
Germany: Energy leaders are hesitant to adopt renewable energy
Decision makers in Germany’s energy sector back the move to a low carbon system but hesitate to implement measures themselves, according to a green energy company, which surveyed 1,000 respondents about their attitudes concerning energy policy problems and their desire to invest in clean gas and electricity.
read more... 31/05/2017