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Azerbaijan’s SOCAR in talks to develop oil field in Russia: VP
Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oil field in Russia, SOCAR Vice President Elshad Nasirov told reporters Nov. 1 in Minsk, Reuters reported.
read more... 02/11/2018
EU environment ministers push for net-zero emissions by 2050
EU environment ministers have called for member states and the European Commission to reach net-zero emissions by 2050.
read more... 26/10/2018
Daily (25.10.2018): European carbon contracts gained 2% on Wednesday, rebounding from previous losses
The IEA forecasted slower growth in demand for the next year due to geopolitical risks and weaker economy, and thus, Brent crude price edged 0.4% lower at $76.17 a barrel. However, WTI crude price rose by 0.6% to $66.82 a barrel, as U.S. stocks posted the biggest daily decline since 2011.
read more... 25/10/2018
Eastern Europe, Russia, Caspian to add 16 GW of wind by 2027
The onshore wind market in Eastern Europe, Russia and the Caspian is expected to deploy 16 GW of onshore wind power capacity, growing at an annual rate of 9% from 2018 to 2027, according to a new report by Wood Mackenzie Power & Renewables.
read more... 24/10/2018
EU approves €200m French state aid for renewable energy
The European Commission has approved a €200 million (£176m) scheme that supports electricity production from renewable energy sources for self-consumption in France.
read more... 23/10/2018