Latest news
Daily (24.05.2023): Crude oil prices rose by 1% on Tuesday amid concerns over tightening supply
Crude oil prices extended gains on Tuesday amid expected weak gasoline market and after Saudi energy minister warned about increased prospect of further OPEC+ outputs cuts. Hence, Brent crude ended at $76.84 a barrel, posting an 1.2% rise. Meanwhile, WTI crude rose by 1.2% to close at $72.9 a barrel.
read more... 24/05/2023
French government presents its decarbonisation plan to meet EU targets
Prime Minister Elisabeth Borne unveiled detailed plans on Monday (22 May) for France to meet the EU’s target of reducing greenhouse gas emissions 55% below 1990 levels by 2030.
read more... 24/05/2023
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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists
The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.
read more... 22/05/2023
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Equinor, Shell and Exxon agree LNG project with Tanzania
Equinor , Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.
read more... 22/05/2023
EU matches 10.9bcm in first round of joint gas sales
The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.
read more... 17/05/2023