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EU power producers promise to become carbon free well before 2050

The industry association Eurelectric, under new leadership since last year, promised to make European electricity production carbon neutral well before 2050.

read more... 07/12/2017

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A MOU to build Israel-Europe gas pipeline was signed on Tuesday

A memorandum of understanding for the construction of a gas pipeline to convey natural gas from Israel to Europe was signed on Tuesday in Greek-administrated Cyprus. 

read more... 07/12/2017

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China finds huge 1-billion-ton oil reserve in Xinjiang

A new oil field with around 1 billion ton of petroleum was discovered in China's Xinjiang Uighur Autonomous Region.

read more... 06/12/2017

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Daily (06.12.2017): EU carbon prices fell 1.6% on weaker auction on Tuesday

Oil prices rose on Tuesday, buyout by strong demand, expectations of a decline in U.S. crude inventories and an OPEC-led agreement to extend oil production cuts. Brent crude futures ended 41 cents, or 0.7 percent, up at $62.86 a barrel, while U.S. West Texas Intermediate crude increased by 15 cents, or 0.3 percent, to $57.62 a barrel.

read more... 06/12/2017

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China obtains 200 billion cubic meters of gas piped from Central Asia

Approximately 200 billion cubic meters of natural gas has been conveyed from Central Asia to China within a major energy project, as stated by China National Petroleum Corporation.

read more... 01/12/2017

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