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Global electricity sector emissions might hit a peak in 2026

Global emissions of greenhouse gases from the electricity sector are likely to peak in 2026, but will still be above levels required to limit temperature increases according to the Paris climate dealt, as shown in a research on Thursday.

read more... 16/06/2017

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Norway prohibits the use of heating oil in buildings

Norway will ban the use of oil and paraffin to heat buildings starting from 2020 to cut domestic emissions of heat-trapping greenhouse gases, the government spokesman declared on Thursday.

read more... 16/06/2017

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Daily (16.06.2017): UK wholesale gas prices lost another 11% on Thursday to 8-month low

Oil prices continued to decline on Thursday as global inventories are high and on worries about OPEC's ability to implement agreed output cuts.

read more... 16/06/2017

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BP: Global energy demand continued its sluggish growth

Global energy demand continued its slow increase last year as growth in Chinese consumption dropped to its lowest level in almost two decades, while renewables flourished, as stated by BP in a report on Tuesday.

read more... 15/06/2017

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Daily (15.06.2017): Oil prices dropped by more than 3.5% on Wednesday

Oil fell again on Wednesday, on negative assessments from the IEA and OPEC regarding the health of the oil market. The IEA mentioned that inventory overhang might last longer than expected, while OPEC admitted in the monthly report that the oil market was adjusting “slower-than-expected”.

read more... 15/06/2017

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