Latest news
Egypt targets the increase in natural gas output by 100% by 2020
The Egyptian petroleum ministry declared that the three recently discovered gas fields will boost Egypt’s natural gas output by 50% the next year, and double it by 2020.
read more... 18/07/2017
Daily (17.07.2017): EU carbon prices increased by 1.1% on Friday
Oil prices edged higher in rough trading on Friday, boosted by a report from the IEA that demand growth is accelerating and that oil stocks had fallen. The IEA raised its demand estimate for the Q2, while it reduced its figure for non-OPEC supply. Consequently, the oil market showed a vast deficit last quarter. Both, Brent crude and WTI prices rose by 1% to close at $48.91 a barrel and $46.54 a barrel respectively.
read more... 17/07/2017
UK could continue as associate member of Euratom after Brexit
The UK is likely to remain in close association with Euratom, succeeding the events of Brexit, as claimed by Brexit secretary David Davis.
read more... 14/07/2017
Daily (13.07.2017): EU carbon prices by rose 2.7% on Wednesday
Oil jumped again on Wednesday supported by declining U.S. fuel inventories and a cut in the U.S. government's forecast for crude output. The drop in U.S. crude stocks confirmed that the market rebalancing is under way. Brent crude rose by 0.46% settling at $47.74 a barrel, while the WTI price increased by 1% to $45.49 a barrel.
read more... 13/07/2017
Hungary’s renewable support scheme gains EU favour
The European Commission has approved Hungary’s green energy support scheme, which has a budget of €146 million and will give assistance to renewable energy projects.
read more... 13/07/2017