Latest news

EU carbon prices may possibly increase to 9 euros/tonne by 2020

European carbon prices are likely to raise by minimum 40 percent from current level of 5.38 euros to over 9 euros ($12.29) a tonne in 2020, as stated by about 70% of the 523 respondents asked in a survey by Thomson Reuters Point Carbon.

read more... 23/05/2014

news

Daily: U.S. crude oil touches one-month high on stockpiles decline

U.S. crude oil hit a one-month high on Wednesday, posting a gain of about $2 a barrel due to a significant draw in commercial crude stockpiles, while the prolonged unrest in Libya reduced the oil supply, increasing Brent prices.

read more... 22/05/2014

news

Hungary’s MOL monitors more retail purchases after Eni transaction

Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.

read more... 21/05/2014

news

Steel companies registered the biggest carbon permit surplus in 2013

Three steelmakers have registered the biggest surplus of free carbon credits in the EU carbon market in 2013, according to a report made by an analyst on Monday, the companies gaining about tens of millions of euros.

read more... 20/05/2014

news

Eni: Norwegian Arctic project postponed again, costs increase

Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.

read more... 19/05/2014

news