Crude oil prices fell below $100 a barrel on Tuesday after China, the world’s largest oil importer, imposed new lockdowns to fight against an outbreak of the coronavirus, move which could jeopardize demand. Suggestions that Russia could allow the revival of the nuclear deal with Iran to go ahead put further downward pressure on prices. Hence, Brent crude shed by 6.5% to settle at $99.91 a barrel. U.S. WTI crude dropped by 6.4% to end at $96.44 a barrel.
read more... 16/03/2022
EDP Renewables (EDPR), the world's fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region.
read more... 24/02/2022
The European Union plans to toughen its method for measuring carbon dioxide emissions from plug-in hybrid cars, two sources familiar with the matter said, after criticism that current tests yield results up to four times below real-world emissions.
read more... 07/02/2022
The entire civilized world, including Germany, must make every effort to prevent the use of Nord Stream 2 as a hybrid energy weapon against Ukraine and the European Union.
read more... 03/02/2022
The world’s largest coal plant located in Australia declared it would be powered completely by renewable energy, part of a larger plan to decarbonize its business by 2040.
read more... 07/01/2022