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Global energy-related CO2 emissions hit record high in 2023

Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.

read more... 01/03/2024

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Lithuania to push Russian LNG ban to EU ministers on Monday

Lithuania will call for urgent legal actions to stop Russian LNG imports to the EU at an energy ministers' council meeting on Monday, a senior EU diplomatic source said on Thursday.

read more... 01/03/2024

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Daily (29.02.2024): Forecasts of colder weather and reduced Norwegian supply drove the energy complex higher on Wednesday

Oil prices posted mixed evolution on Wednesday, driven by ongoing geopolitical tensions and a 4.2-million-barrel build in US crude inventories. As a result, Brent crude stabilised at $83.68 a barrel, and WTI crude retreated by 0.4% to settle at $78.54 a barrel.

read more... 29/02/2024

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EU’s 2030 wind power target within reach

The EU’s wind energy target for 2030 is within reach thanks to improvements in permitting and rebounds in investment, according to a new report from European wind association WindEurope.

read more... 29/02/2024

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EU Proposes Member States Maintain Measures to Reduce Natural Gas Demand

The European Commission proposed on Tuesday that EU member states continue taking voluntary measures to maintain a collective 15% gas demand reduction compared to the five-year average to March 2022, as the bloc looks to continue stabilizing its energy and gas supply.

read more... 29/02/2024

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