Latest news
EU discussions to support carbon prices
With European carbon prices too low to prod the private sector to invest in clean technology, EU lawmakers are examining different ways to support CO2 permit prices in the world's biggest carbon market. Outlined below are three main arenas where the issue of supporting prices is being discussed.
read more... 01/02/2012
Russia reveals an ambitious coal-mining industry development program
Russia has recently revealed its plan to soar its annual coal production by 30% to 430 million tons by 2030, in order to meet the increasing domestic and international demand.
read more... 26/01/2012
Daily – Societe Generale lowered carbon price forecasts on over-supply in the market
Societe Generale announced on Tuesday to have reduced its price forecasts for European Union and U.N. carbon emissions permits from 2011 to 2015, due to over-supply in the market and less hedging by utilities, following other carbon analysts who have lowered their price forecasts earlier this month on the back of a slowing EU economy undermining demand for EU Allowances (EUAs) permits. Benchmark 2011 EUAs traded at around 11.90 euros a tonne on Tuesday.
read more... 13/09/2011
Matra Petroleum to begin oil production in the Sokolovskoe Field, Russia
Matra Petroleum, an independent oil and gas exploration and production company which is actively operating in Russia since 2006 and is constantly examining the potential for oil and gas over there, announced that it has begun the production for both existing wells in the Sokolovskoe field, Russia.
read more... 06/04/2011