Latest news
Total leads Europe’s oil majors in clean energy push
Total has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions.
read more... 26/01/2021
Daily (22.01.2021): Carbon prices rose by nearly 4% on Thursday, supported by investor’s interest and cold weather outlooks
Oil prices closed rather flat on Thursday. The United States’ return to the Paris climate agreement and the discontinuation of the Keystone XL pipeline project put pressure on oil prices. On the other hand, prices received support from the US fiscal stimulus package. Consequently, Brent oil settled on par with Wednesday’s close at $56.10 a barrel, while WTI crude edged 0.3% lower at $53.13 a barrel.
read more... 22/01/2021
UK's 10-point plan 'lays path' to 78% cut in emissions by 2035
The UK's 10-point climate change plan has the policies to bridge the gap between the aspirations in the Committee on Climate Change's sixth carbon budget "and where we are now," Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said Jan. 19.
read more... 20/01/2021
Daily (18.01.2021): Carbon EUAs plummeted by 5% on Friday, following a bearish energy market
Crude oil prices retreated on Friday, weighed by global demand concerns amid the coronavirus pandemic. Hence, Brent crude and WTI oil lost 2.3% to close at $55.10 and $52.36 a barrel, respectively.
read more... 18/01/2021
Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage
A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.
read more... 15/01/2021