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Qatargas inks a 5-year LNG agreement with Austrian OMV

Qatargas and OMV inked a deal to provide 1.1 million tonnes of LNG annually to the Austrian company for the next five years.

read more... 21/12/2017

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National emissions trading system launched in China

The International Emissions Trading Association (IETA) welcomed the Chinese government’s inauguration of its national emissions trading system (ETS) putting an end to a busy year for developments in the carbon market globally.

read more... 20/12/2017

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UK obtains gas from Russia for Christmas, despite US sanctions

For the first time this month, the United Kingdom will receive direct delivery of Russian gas, after concerns for a winter supply crisis encouraged prices. The agreement is contentious as the Russian gas project, which is the provider, is under the US sanctions against Moscow.

read more... 19/12/2017

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Daily (19.12.2017): European carbon prices soared by over 3% on Monday

Benchmark Brent crude prices edged higher on Monday, buyout by a North Sea pipeline outage and a workers' strike in the Nigerian energy industry, but U.S. prices slid slightly, highlighting worries about increasing U.S. production. Brent crude futures traded 18 cents, or 0.3%, up at $63.41. U.S. crude futures fell 14 cents to $57.16.

read more... 19/12/2017

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Russia's Rosneft obtained licenses from Venezuela for two gas fields

Russian oil giant Rosneft obtained from Caracas licenses for the development of two offshore gas fields.

read more... 18/12/2017

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