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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

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Daily (07.04.2021): Carbon EUAs rose by 4% on Tuesday, breaking a new record high

Crude oil prices increased on Tuesday, on optimism over demand recovery amid a fast vaccine rollout in the United States. Gains, however, were limited by OPEC+ members’ decision of an increase in their output. Brent oil ended 1% up at $62.74 a barrel, while WTI crude rose by 1.2% to $59.33 a barrel.

read more... 07/04/2021

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Daily (06.04.2021): Crude oil prices lost 4% on Monday, while other energy markets stagnated due to Easter holidays

Crude oil prices slumped on Monday, weighed by uncertainty regarding the decision taken last week at the OPEC+ summit to gradually ease production cuts. Consequently, Brent oil lost 4.2% to $62.15 a barrel, while WTI crude was 4.4% down at $58.65 a barrel.

read more... 06/04/2021

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Daily (02.04.2021): Oil prices rebounded after OPEC+ decision to curb output cuts

Oil prices increased on Thursday following OPEC+ agreement to gradually increase output from May. Furthermore, expectations for a rebound in demand this summer also lent support to prices. Hence, Brent crude rose by 2.1% to settle at $64.86. At the same time, U.S. WTI surged by 3.9 % to close at $61.45 a barrel.

read more... 02/04/2021

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RWE to invest $4.1 billion in flagship UK offshore wind park

RWE, Europe's third-largest renewables group, has taken an investment decision on its 3 billion pound ($4.1 billion) Sofia offshore wind farm project, it said on Wednesday.

read more... 25/03/2021

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