Latest news
Britain commits to goal of net zero carbon emissions by 2050
British Prime Minister Theresa May set a goal for the nation to reach net zero carbon emissions within about 30 years - the 1st major economy in the world to set that kind of goal.
read more... 17/06/2019
Daily (12.06.2019): EU carbon prices dropped by almost 1% due to a weaker energy complex
Oil prices were flat on Tuesday, amid uncertainty regarding the agreement of Saudi Arabia and Russia to extend a crude output-cutting deal. Meanwhile, U.S.-China trade tensions continue to put pressure on demand for crude. As a result, Brent crude remained untraded at $62.29, while WTI futures edged 0.02% higher at $53.27 a barrel.
read more... 12/06/2019
Finland commits to carbon neutrality by 2035
Finland has committed to achieving a carbon neutrality by 2035.
read more... 06/06/2019
Shell Plans South Africa Oil Expansion With Second Deal
Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects.
read more... 30/05/2019
Daily (23.05.2019): European carbon prices spiked by nearly 4% on Wednesday, on looming tight supply and higher gas prices
Crude oil prices dropped on Wednesday, after data showed that U.S. crude inventories surged unexpectedly amplifying concerns over a weaker oil demand raised by the lengthy U.S.-China tariff dispute. WTI futures closed 2.7% lower at 61.42 USD/bbl, in tandem with falling equities. On the other side, rising tensions between Washington and Iran coupled with OPEC’s intentions to continue output cuts helped limit the fall in prices. As a result, Brent crude price dropped by 1.7% to 70.99 USD/bbl.
read more... 23/05/2019