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Natural gas leading source of EU's power emissions
Gas power plants overtook lignite coal plants in 2020 to become the European Union's largest single source of emissions from electricity, an analysis of the bloc's Emissions Trading Scheme showed Friday.
read more... 19/04/2021
Daily (16.04.2021): Oil prices continued to climb, hovering at one-month highs amid signs of accelerating demand recovery
Oil prices continued their upward trajectory on Thursday, holding near one-month highs amid a brighter demand outlook due to bullish forecasts from the International Energy Agency (IEA) and OPEC. Positive U.S. economic data added further gains to oil prices. Hence, Brent crude rose by 0.5% to settle at $66.94 a barrel. U.S. WTI crude gained 0.5% to end at $63.46 a barrel.
read more... 16/04/2021
Major industry groups urge UK, EU to agree emissions trading link before COP26
A coalition of more than 40 major industry associations from Europe and the UK has urged leaders from both regions to link up their respective emissions trading systems before the COP26 climate summit in November.
read more... 16/04/2021
Germany steps up hydrogen production infrastructure
Germany is stepping up its hydrogen production infrastructure, as the economy and energy ministry this week announced a second round of calls for hydrogen test fields
read more... 16/04/2021
Shell To Exhaust Dwindling Oil & Gas Reserves By 2040
Shell expects to have produced 75 percent of its current proved oil and gas reserves by 2030, and only around 3 percent after 2040, the supermajor said in its Energy Transition Strategy that it will put to a non-binding shareholder vote next month.
read more... 16/04/2021