France will go beyond its targets to combat climate change

14/06/2017 13:56 CO2


According to government spokesman Christophe Castaner, France's new President Emmanuel Macron and Ecology Minister Nicolas Hulot, France will go beyond the targets within the framework of the Paris agreement. A detailed list of policy actions would lay out climate changes for the next 5 years and will show where France will exceed its previous commitments.

The government will also open a web page to attract climate change researchers from the US and other countries as well as companies involved in climate-linked innovation to France, Castaner said.


Non-governmental organizations, businesses, and researchers were called on Tuesday to present proposals on a carbon floor price, climate finance and development of renewable energy to curb French dependence on nuclear power.

Saipem designated to build offshore LNG platforms in the Arctic

18/07/2017 11:05:00

Russia’s Novatek is planning on surpassing Qatar, the world’s leading exporter in LNG, with the help of Italy’s Saipem, which is expected to be assigned to build LNG platforms on the Gydan Peninsula in the Arctic.


Daily (18.07.2017): UK gas price jumped by almost 7% on Monday on high exports to the continent

18/07/2017 09:57:00

Oil prices fell on Monday for the first time in the last six sessions. In a monthly report released on Monday, the U.S. EIA estimated a rise in August oil production from seven major US shale players, compared with July, with the Permian Basin expected to see the largest output climb. Brent crude decreased by 1% to close at $48.42 a barrel, while WTI price dropped by 1.12% to end at $46.02 a barrel.


Centrica merges oil and gas businesses with Baverngas Norge

17/07/2017 16:43:00

The new company will be the result of the joining of British company Centrica’s exploration and production business with Norwegian Baverngas Norge.