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
The European Investment Bank (EIB) has pledged to invest €20 million in the BaltCap Infrastructure Fund of €100 million.
read more... 04/07/2017
European Union countries and the European Parliament have different opinions on how to restructure the EU carbon market and if it should specify aviation and shipping, according to EU sources on Wednesday.
read more... 30/06/2017
Oil rose above the $47 a barrel on Wednesday due to the biggest decline in weekly U.S. output since July 2016. There was additional support from lower U.S. gasoline inventories.
read more... 29/06/2017
The EU promised to take the lead on climate after US President Donald Trump withdrew the country from the Paris Agreement. EU ministers took the first step on Monday, reaching mutual understanding towards implementing the Paris Agreement on lowering carbon emissions and limiting the effects of the global warming.
read more... 28/06/2017