Latest news
Global LNG demand to more than double to 800mn tonnes by 2050: GECF
Global LNG demand will more than double from 356mn tonnes in 2020 to 800mn tonnes by 2050, "fuelled by solid demand from Asia and a rise in gas use for powering hard-to-electrify sectors", according to the Gas Exporting Countries Forum (GECF).
read more... 09/05/2022
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EU energy ministers hold crisis talks after Russian gas cuts
Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a united response to Moscow's demand that European buyers pay for Russian gas in roubles or face their supply being cut off.
read more... 03/05/2022
BP, Volkswagen unveil details of e-car charging partnership
BP and Volkswagen on Thursday fleshed out details of their electric vehicle charging alliance, aiming to jointly install 8,000 fast-charging spots across Europe by 2024 in a bid to stoke demand for battery-powered vehicles.
read more... 29/04/2022
Daily (26.04.2022): Oil prices fell by about 4% on Monday amid demand destruction concerns from China
Crude oil prices slumped to their lowest levels in two weeks on Monday. The market reacted bearishly to the news that China will prolong the strict coronavirus lockdown, a measure that the market fears will result in a slowing economy and weak demand. Hence, Brent crude fell by $4.33, or 4.1%, to settle at $102.32 a barrel. U.S. WTI crude fell by $3.53, or 3.5%, to settle at $98.54.
read more... 26/04/2022
Daily (25.04.2022): European carbon prices rallied to two-month high on Friday amid strong technical signals
Crude oil prices retreated on Friday amid indications of a potential economic slowdown as COVID lockdowns in China are hurting demand. Hence, Brent crude settled down $1.68, or 1.6%, at $106.65 a barrel. U.S. WTI crude declined by $1.72, or 1.7%, to $102.07 a barrel.
read more... 25/04/2022