Latest news
CO2 emissions at their highest level ever in 2012
According to a new research made by Global Carbon Project, a group of international scientists from the UK, Norway and Germany, global greenhouse gas emissions from burning fossil fuels reached the highest levels in human history last year and are likely to grow even further this year.
read more... 25/11/2013
UK to stop funding coal- fired power plants overseas
Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.
read more... 21/11/2013
Italian Eni sells its 29% stake in Russian gas venture
Italian energy giant Eni has announced on Wednesday that it had decided to sell its 29 percent stake in Russian natural gas producer SeverEnergia to Yamal Development. Yamal Development is a 50/50 Joint Venture between Novatek and Gazprom Neft.
read more... 21/11/2013
Ukraine and Slovakia on the verge to sign a milestone gas deal
Gas pipeline operators in Ukraine and Slovakia are on the way of striking a deal which will allow the European Union to ship gas through Slovakia to Ukraine, easing Kiev's dependence on Russia, the European Commission said.
read more... 20/11/2013
Daily: British gas trades at a new seven-month high on colder weather
Crude oil futures dropped quickly in early afternoon after the president of the Federal Reserve Bank of New York, William Dudley said that he is "getting more hopeful" on prospects for U.S. economic recovery.
read more... 19/11/2013