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UK’S CARBON BUDGET WINS GREEN NGO’S APPROVAL
Transport & Environment (T&E) says the decision by the UK government to include the country’s share of international aviation and shipping emissions in its Carbon Budget is ‘a very positive step’ towards reducing carbon pollution from maritime and aviation transport.
read more... 22/04/2021
Shell To Exhaust Dwindling Oil & Gas Reserves By 2040
Shell expects to have produced 75 percent of its current proved oil and gas reserves by 2030, and only around 3 percent after 2040, the supermajor said in its Energy Transition Strategy that it will put to a non-binding shareholder vote next month.
read more... 16/04/2021
Daily (15.04.2021): Oil prices gained nearly 5% on Wednesday amid a sharp decline in US crude reserves and positive demand data
Crude oil prices surged on Wednesday, as the EIA weekly report showed a significant decline in US crude inventories. Moreover, encouraging demand data shared by the OPEC and IEA also lent support to prices. As such, Brent oil soared by 4.6% to $66.58 a barrel, while WTI crude jumped 4.9% to $63.15 a barrel.
read more... 15/04/2021
Government launches £20m EV innovation competition
Innovative ideas for zero-emission vehicles could benefit from a share of £20 million in funding.
read more... 10/03/2021
India to be largest source of energy demand growth to 2040
India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world’s third-biggest energy consumer by 2030, the International Energy Agency (IEA) said.
read more... 09/02/2021