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France to end sales of fossil fuel cars by 2040

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

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EEA says EU countries have poor strategies for change to low-carbon economy

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

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Daily (07.07.2017): EU carbon prices jumped by 4% to hit one-month high on Thursday

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

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Bulgarian regulator will open tender for support in Kozloduy decommissioning

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

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EU approves takeover of DONG’s oil and gas business by INEOS

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

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