BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
read more... 13/09/2023
Oil prices resumed their upward trend on Friday, boosted by the low level of US crude inventories, further tightening a market already worried about supply shortages. As a result, Brent crude edged 0.8% higher at $90.65 a barrel, while WTI crude rose by 0.7% to $87.51 a barrel.
read more... 11/09/2023
The European Commission president asked G20 leaders on Saturday to join a proposal to set up global carbon pricing.
read more... 11/09/2023
Extending carbon pricing to the rest of the world will be a key priority for the EU commissioners due to take up their posts in 2024, according to the European Commission’s top climate action bureaucrat.
read more... 08/09/2023
European Commission president Ursula von der Leyen today called on Africa to work together on a proposal for global carbon pricing at this year's UN Cop 28 climate change conference, which she said would unlock "huge" resources for climate action in Africa.
read more... 06/09/2023