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Daily (25.01.18): Oil prices rose 0.8% after record 10th straight weekly decline in U.S. inventories
Oil prices were boosted by robust volumes on Wednesday, after the record 10th consecutive weekly decline in U.S. crude inventories, even though reduced refining activity and increasing output signaled U.S. stocks might surge. Brent crude rose by 57 cents, or 0.8%, to settle at $70.53 per barrel. U.S. West Texas Intermediate (WTI) futures increased by 1.7 percent to $65.61 a barrel.
read more... 25/01/2018
Daily (24.01.2018): EU carbon prices jumped by almost 3% to hit more than 5-year high on Tuesday
Oil prices increased on Tuesday, buyout by strong world economic growth prospects and forecasts for continued output reductions by OPEC, Russia and their allies.
read more... 24/01/2018
Vestas obtained the first wind order from Kazakhstan
Danish energy firm Vestas announced that CAPEC Green Energy LLP, the major player on Kazakhstan’s renewable energy market, ordered 52 megawatts turbines for Astana wind project.
read more... 23/01/2018
Scotland backs low carbon infrastructure with £60 million
A £60 million fund is being launched by the Scottish Government for low carbon infrastructure projects.
read more... 23/01/2018
China plans to launch the biggest emissions trading system in the world
China made a comprehensive strategy for world’s largest emissions trading system. More than 1,700 power companies and three billion tonnes of greenhouse gas emissions are expected to be covered by the system.
read more... 23/01/2018