Latest news
EU defers decision on gas and nuclear as 'green' energy
The European Commission will not decide on whether to classify gas and nuclear energy as a possible green investments until later this year. The delay has caused controversy among some NGOs and consumer groups, who say fossil fuels such as gas should not be considered 'green'.
read more... 22/04/2021
Global oil demand to peak in 2026-Rystad Energy
The rapid adoption of electric vehicles (EV) around the world will probably cause global oil demand to peak two years earlier than previously expected, Norway's biggest independent energy consultancy Rystad said on Wednesday.
read more... 22/04/2021
UK’S CARBON BUDGET WINS GREEN NGO’S APPROVAL
Transport & Environment (T&E) says the decision by the UK government to include the country’s share of international aviation and shipping emissions in its Carbon Budget is ‘a very positive step’ towards reducing carbon pollution from maritime and aviation transport.
read more... 22/04/2021
Daily (21.04.2021): EUAs set a new record high on Tuesday amid strong auction
Oil prices retreated on Tuesday as a sharp increase in COVID-19 infections in India, Asia’s third-largest economy raised worries about demand recovery. Hence, Brent crude lost 0.7% to settle at $66.57 a barrel. Meanwhile, U.S. WTI crude declined by 1.1% to end at $62.67 a barrel amid a surprise API inventory build.
read more... 21/04/2021
British renewables company RES to sell French project pipeline
British family-owned renewables company RES Group is launching the sale of its French pipeline of energy projects in a deal worth up to 800 million euros ($962 million), two people familiar with the matter said.
read more... 21/04/2021