Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.
read more... 24/05/2017
EU state aid regulators consented on Tuesday lower surcharges to back co-generation for energy-intensive firms in Germany and Italy.
read more... 24/05/2017
Oil futures rose on Monday to the highest level in more than a month, as speculation that the cuts could be further extended, pushed prices up.
read more... 23/05/2017
French utility Veolia has inked an agreement with Mexico City estimated at 886 million euros ($991 million) to run a waste incinerator whose heat will be used by the city's subway system, as stated by Veolia on Monday.
read more... 22/05/2017
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