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UK steps up emissions goals to require a 68% reduction by 2030

The ambitious goal comes despite the CCC having previously warned the government that the UK is not on track to hit its existing fifth carbon budget target

read more... 04/12/2020

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Denmark to end oil and gas hunt in North Sea in 2050

Denmark’s government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.

read more... 04/12/2020

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Russia's Yamal LNG train 4 to produce first LNG in Q1 2021

Russian LNG exporter Novatek expects to produce the first LNG from the fourth train of its Yamal LNG project in northern Russia in the first quarter of 2021, CFO Mark Gyetvay said Dec. 3.

read more... 04/12/2020

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Daily (03.12.2020): Ongoing OPEC+ summit lent support to crude oil prices on Wednesday

Crude oil prices moved higher on Wednesday, as the ongoing OPEC+ negotiations boosted investors’ confidence, thus lending support to prices. Hence, Brent oil gained 1.8% to close at $48.25 a barrel and WTI crude ended 1.6% higher at $45.28 a barrel.

read more... 03/12/2020

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Croatia’s first FSRU arrives at Krk island

Croatia’s first floating storage and regasification unit (FSRU) LNG Croatia has reached the terminal site on the Island of Krk.

read more... 03/12/2020

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