At a presentation regarding the Paris climate agreement, Ecology Minister Nicolas Hulot said that France aims to terminate sales of cars fueled by gasoline and diesel by 2040, and become carbon neutral 10 years after that.
read more... 10/07/2017
The European Environment Agency (EEA) declared in a new study that most of the European Union countries fail to provide clear investments strategies for shifting to a low-carbon economy.
read more... 07/07/2017
Oil rose on Thursday, recovering some ground as the data from the American Petroleum Institute on Wednesday showed U.S. crude inventories fell more sharply than expected. Also, weekly inventory figures from the U.S. EIA confirm a heavy drop in crude stocks. Traders consider that there is a potential for oil prices to rise much higher. Brent crude jumped by almost 0.7% to end at $ 48.11 a barrel, while the WTI price soared increased by 0.9% to $45.52 a barrel.
read more... 07/07/2017
Bulgaria’s Nuclear Regulatory Agency (BNRA) intents to use €3 million from the funds provided by the European Bank for Reconstruction and Development for the decommissioning of the units 1-4 of the Kozloduy nuclear power plant.
read more... 05/07/2017
The European Commission has favored UK petrochemical giant INEOS’ buyout of DONG’s oil and gas business, decision which followed the Danish firm’s agreement to sell its oil and gas exploration and production unit for $1.05 billion.
read more... 04/07/2017