Germany's lower house of parliament on Thursday passed a bill to make saving energy compulsory in all economic sectors, a move intended to help fight climate change and curb use of imported fossil fuels.
read more... 22/09/2023
Paris will incorporate EU climate targets in its upcoming environmental and energy planning laws, Energy Minister Agnès Pannier-Runacher’s entourage said this week, playing down delays in submitting France’s updated National Energy and Climate Plan to Brussels.
read more... 18/09/2023
Crude oil prices increased on Tuesday, hitting levels not seen since last November amid announcement that Saudi Arabia and Russia extended their voluntary production cuts, in a move to stabilize the markets. The closure of four oil export terminals in Libya due to a weekend storm provided additional support to oil prices. Hence, Brent crude rose by 1.6% to end at $92.06 a barrel. Meanwhile, U.S. WTI crude gained 1.8% to end at $88.84 a barrel.
read more... 13/09/2023
European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.
read more... 13/09/2023
On Thursday, crude oil prices added ground, rising for a third month in a row on expectations that cuts by OPEC+ would continue through the end of 2023. Hence, Brent crude rose by 1.1% to $86.86 a barrel, while WTI crude increased by 2.5% to $86.63 a barrel.
read more... 01/09/2023