Oil markets saw small fluctuations on Tuesday, with the Brent crude edging marginally upwards by 0.3%, to end at $68.55 a barrel. Meanwhile, U.S. WTI crude rose by 0.6% to $65.28 a barrel.
read more... 12/05/2021
The price floor would also provide "planning security" for investing in low-carbon capacities to replace the coal-fired capacities, Climate Neutrality Foundation managing director Rainer Baake said today at the presentation of the study, which was prepared by research institute Oeko-Institut.
read more... 12/05/2021
Oil markets lacked a clear direction on Monday, with the Brent and WTI crude climbing marginally at $68.32 a barrel and $64.92 a barrel despite a cyber-attack forcing the shutdown of major fuel pipelines in the United States. However, hopes of an upcoming general global demand recovery provided some upside pressure.
read more... 11/05/2021
The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, the Port of Rotterdam said on Sunday.
read more... 11/05/2021
European carbon dioxide emissions from energy use dropped by 10% last year.
read more... 10/05/2021