Latest news
Russia Backs Another 500,000 Bpd Oil Production Increase
Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000 bpd increase in the alliance’s oil production from February, Bloomberg reported on Monday, citing officials with knowledge of the Russian oil policy.
read more... 22/12/2020
UK set to move petrol and diesel ban forward to 2030
Prime Minister Boris Johnson is expected to move the ban on sales of new petrol and diesel cars forward to 2030, as part of a raft of new policy announcements to drive the UK towards its net-zero target
read more... 16/11/2020
Japan set to target zero emissions by 2050 in policy shift
The new target will be announced by Suga when he makes his first address to parliament on Monday, after taking office last month, the Nikkei reported last week
read more... 26/10/2020
Daily (20.10.2020): Colder weather and stronger LNG prices supported front-month British gas prices at the beginning of the new week
Crude oil futures continued to slip on Monday as the OPEC+ panel has made no new policy proposals from January 2021. Moreover, a resurgence of the coronavirus in Europe and the U.S. threatened to hinder a recovery in demand. Consequently, Brent crude slipped by 31 cents, or 0.7%, to settle at $42.62 a barrel. U.S. WTI crude ended rather flat at $40.83 a barrel.
read more... 20/10/2020
Dutch minister presents report on new nuclear
The Netherlands is considering the expansion of nuclear power in its energy mix, according to a letter Minister for Economic Affairs and Climate Policy Eric Wiebes submitted to the Dutch parliament last week, together with a report by consultants Enco. The cabinet will now prepare a motion requesting that the country holds a market consultation to assess commercial interest in nuclear new build.
read more... 29/09/2020