European Union countries are considering stricter limits on state aid for power plants in an upcoming revamp of Europe's electricity market, after disagreements between Germany and France over the issue sunk a deal last week.
read more... 03/07/2023
The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.
read more... 03/07/2023
The European Commission is readying a proposal for EU countries to jointly quit an international energy treaty, after some governments already pledged to leave over climate concerns.
read more... 03/07/2023
On Thursday, crude oil prices rose, supported by a larger-than-expected draw in U.S. crude inventories. Hence, Brent and WTI crude increased by about 0.4% to settle at $74.34 and $69.86 a barrel, respectively.
read more... 30/06/2023
A European Parliament committee on Wednesday backed new EU renewable energy targets, but criticised last-minute changes offering France and other countries possible carve-outs for ammonia plants and greater recognition of nuclear energy.
read more... 30/06/2023