Latest news
EU carbon border tax will do little to cut emissions
A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.
read more... 26/02/2024
First LNG vessel arrives at new German Mukran terminal
The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.
read more... 26/02/2024
France seeks backing for EU-financed nuclear projects of common interest
French Economy Minister Bruno Le Maire said he would convene a meeting of pro-nuclear EU countries on 4 March to discuss the launch of an “Important Project of Common Interest (IPCEI)” in the field of nuclear power.
read more... 23/02/2024
British energy bills to fall after 12% cut to price cap
Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level in more than two years.
read more... 23/02/2024
Daily (22.02.2024): Oil prices rose on Wednesday as geopolitical tensions offset oversupply concerns
On Wednesday, oil prices rose despite worries about oversupply dampening investor sentiment. Heightened tensions in the Middle East and ongoing attacks on commercial ships in the Red Sea provided support to oil prices. Ahead of the publication of weekly US crude oil inventories, Brent crude settled at $83.03 a barrel, and WTI crude stood at $77.91 a barrel, both contracts increasing by about 1% day-on-day.
read more... 22/02/2024