Latest news
EU carbon market reform to be supported by Germany
The German government desires the EU's carbon market reform scheme to be put into effect by 2017, four years earlier than the European Commission has suggested, as stated by Germany's Environment Minister Barbara Hendricks on Thursday.
read more... 13/06/2014
ANB Amro Dutch bank closes carbon trading desk
Dutch state-owned ABN Amro has shut its carbon trading desk, according to the declaration made by a company spokesman, becoming the last bank in an increasing number to leave the market because of improved regulation and decreasing prices.
read more... 13/06/2014
Daily: Crude oil prices rally to nine-month high amid Iraq clash
Crude oil prices rallied to nine-month highs on Thursday, buoyed by worries that the intensifying violence in Iraq could cut oil supply from the second-largest OPEC producer. Brent futures rose by $3.07 to close at $113.02 a barrel, the highest level since September 9, while WTI oil gained $2.13 to end at $106.53 a barrel, posting equally the highest settlement price since September 18.
read more... 13/06/2014
Albania hopes to end dispute with utility CEZ soon
Albania hopes to settle a raw with Czech utility CEZ soon, concerning its loss-making electricity distributor in order to proceed with $200 million investment in its power sector, as stated by Energy Minister Damian Gjiknuri on Thursday.
read more... 13/06/2014
IEA: China is close to a “Golden Age” of natural gas
China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.
read more... 12/06/2014