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Deutsche Bank and Green Climate Fund ink an agreement to increase private finance

Deutsche Bank and the Green Climate Fund (GCF) have inked an agreement to increase private funding for environmental action.

read more... 26/05/2017

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Daily (25.05.2017): European electricity prices fell 13% on Wednesday

Oil prices slightly decreased on Wednesday as investors waited for news from Vienna where ministers from OPEC and other exporting countries were talking about the option to extend production cuts into the first quarter of 2017.

read more... 25/05/2017

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Daily (24.05.2017): EU carbon prices slipped back from a one-month high on Tuesday

Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.

read more... 24/05/2017

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Daily (17.05.2017): EU carbon prices increased above €4.50 for the first time in a week

Oil prices seesawed on Tuesday within two opposed trends. The increasing trend during the session was supported by the news that several OPEC members voiced the opinion to continue supply cuts until March 2018 to reduce a global glut of crude oil. The downward evolution at the end of the day was caused by the data from the American Petroleum Institute indicating an unexpected build in crude inventories.

read more... 17/05/2017

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Innogy energy group signals more costs reductions at its unit in the UK

Innogy, the biggest energy group in Germany, is losing customers in the UK and warned of more cost cuts at a business which is not likely to make a profit in 2017 because of increasing competition.

read more... 12/05/2017

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