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EU to try again for renewable energy deal after nuclear row
European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy.
read more... 12/06/2023
EU plans strategy to scale up investment in capturing CO2 emissions
The European Commission is working on plans to speed up investment in capturing and storing carbon dioxide emissions, it said on Friday, as the bloc prepares to slash its net greenhouse gas emissions to zero by 2050.
read more... 12/06/2023
Daily (09.06.2023): Oil prices tumbled following a turbulent session on Thursday
Oil prices tumbled following a turbulent session on Thursday after reports, later denied by the White House, of an imminent agreement between the US and Iran on oil sanctions. Brent crude dropped by 1.3% to settle at $75.96 a barrel. Meanwhile, WTI crude declined by about 2% closing at $71.29 a barrel.
read more... 09/06/2023
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France says nuclear power is ‘non-negotiable’
French nuclear power is “an absolute red line” and non-negotiable, Finance Minister Bruno Le Maire said Thursday (8 June), following Franco-German disagreements over the role of nuclear energy in Europe.
read more... 09/06/2023
Britain to introduce price floor to energy sector windfall tax
The British government is set to announce on Friday changes to its windfall tax on oil and gas companies aimed at allaying concerns the levy would impede investments and undermine the country's energy security, industry sources said.
read more... 09/06/2023