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Finland plans to completely phase out coal by 2029

Finland’s environment minister declared the country would prohibit the use of coal in energy production in 2029. The Finnish government is also looking for a large-scale subsidy programme that will reward energy companies for abandoning fossil fuel before the expected time frame, as stated by EURACTIV.

read more... 30/04/2018

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Daily (30.04.2018): UK gas prices rose on Friday on forecasts for higher consumption and lower temperatures

Oil prices edged lower on Friday on supply fears as the United States could reintroduce sanctions against Iran. Brent futures fell 10 cents, or 0.1 percent, to end at $74.64 a barrel. WTI crude was 0.1% down at $68.10 a barrel.

read more... 30/04/2018

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LNG demand in Asia is most likely to absorb supply

A decline in liquefied natural gas (LNG) price was expected as new projects coming online boost supply.

read more... 27/04/2018

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Seven member states insist that EU should spur climate objectives

Officials from a group of seven member states are nudging the EU to strengthen climate policies and ensure their alignment to Paris agreement on climate change.

read more... 27/04/2018

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Daily (27.04.2018): German year-ahead power price rose by 1.7% on Thursday backed by gains in related coal and carbon markets

Oil prices rose on Thursday, as United States are likely to re-introduce sanctions against Iran. Markets were also backed by a decline in Venezuela oil output and ongoing strong demand. Brent crude added $0.74, or 1%, to end at $74.74 a barrel. WTI futures closed 0.2% higher at $68.19 a barrel.

read more... 27/04/2018

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