Once a year, the International Energy Agency attempts to impose some order on the chaotic world of oil, gas, power and carbon by publishing detailed scenarios on how the next few decades might unfold.
read more... 19/10/2020
Global carbon dioxide emissions fell by 8.8% in the first six months of this year, the biggest drop for a first half-year period, due to the effects of coronavius-related restrictions, a study showed on Wednesday.
read more... 15/10/2020
The end of one of the oil workers’ strike in Norway led to a ramp up in crude output on Friday, thereby weighing on oil prices. Hence, Brent crude decreased by 1.1% to $42.85 a barrel. Similarly, WTI futures lost 1.8% to trade at $39.95 a barrel.
read more... 12/10/2020
The European Parliament voted on Tuesday (6 October) to update the EU’s climate target for 2030, backing a 60% reduction in greenhouse gas emissions by the end of the decade, up from 40% currently.
read more... 08/10/2020
ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.
read more... 01/10/2020