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Norway’s wealth fund excludes 10 more firms over carbon emissions risk

Norway's central bank, which manages the country's $900 billion wealth fund, has blacklisted another 10 companies because they use or produce coal, excluding them from its investment.

read more... 10/03/2017

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Daily (10.03.2017): Crude oil plummets to the lowest level since OPEC deal

Crude oil prices dipped about 2% on Thursday in heavy trade, prolonging the previous session’s decline as record U.S. crude inventories intensified concerns about the effectiveness of the OPEC deal to curb a global oversupply.

read more... 10/03/2017

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Daily (09.03.2017): Oil prices dropped by 5% at the lowest level this year

Oil prices registered on Wednesday a 5 percent decrease to their lowest levels this year as U.S. crude inventories jumped to a new record high, increasing worries that a global surplus might last even with OPEC trying to sustain prices with production cuts.

read more... 09/03/2017

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Statoil vows to slash greenhouse gas emissions by 3 mln tonnes 2030

Norwegian energy giant Statoil pledges to cut its annual carbon dioxide emissions by 3 million tonnes a year by 2030 from 2017 levels and become more efficient as part of efforts to combat climate change.

read more... 09/03/2017

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Gazprom to increase its market share in Europe through Wingas expansion

Russian gas giant Gazprom envisages strengthening its sales in Europe, helped by the expansion of its German subsidiary Wingas.

read more... 07/03/2017

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