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UK to stay in EU ETS after Brexit, as predict carbon market industry figures
According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.
read more... 19/05/2017
Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast
Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.
read more... 19/05/2017
Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high
Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.
read more... 19/05/2017
Daily (17.05.2017): EU carbon prices increased above €4.50 for the first time in a week
Oil prices seesawed on Tuesday within two opposed trends. The increasing trend during the session was supported by the news that several OPEC members voiced the opinion to continue supply cuts until March 2018 to reduce a global glut of crude oil. The downward evolution at the end of the day was caused by the data from the American Petroleum Institute indicating an unexpected build in crude inventories.
read more... 17/05/2017
Scotland makes an investment of £43 million in low carbon infrastructure
The Scottish Government has made known about an investment of over £43 million in low-carbon infrastructure projects.
read more... 11/05/2017