Weaker US crude inventories and increased demand for fuel lent support to oil prices on Thursday. As a result, Brent crude rose by 1.1% to $117.61 a barrel.
read more... 03/06/2022
EU lawmakers are set to push for a 63% cut in industry and power sector emissions by 2030 in a full European Parliament vote next week, down from the 67% cut backed by its environment committee.
read more... 02/06/2022
Oil prices increased slightly on Wednesday after official US data showed that oil stockpiles fell for the second week in a row, indicating that the global market is tightening. As a result, Brent crude rose 47 cents to $114.03 a barrel. WTI crude for July delivery in the United States rose 56 cents to $110.33 a barrel.
read more... 26/05/2022
European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change.
read more... 23/05/2022
Lawmakers on the European Parliament's environment committee voted on Tuesday for a more ambitious overhaul of the EU carbon market than previously proposed, as they prepare to negotiate reforms to the bloc's core emissions-cutting policy.
read more... 19/05/2022