Latest news
EU’s new carbon emission target could be approved next week
The European Commission is likely to approve a new target where the 28-nation bloc would have to slash its emissions 40% by 2030 from 1990 levels, while significantly scaling back its fixed renewable energy targets from 2020.
read more... 17/01/2014
Chevron gets the green light to develop UK’s Alder field in North Sea
The oil major Chevron unveiled it has reached a final investment decision and got the green light from the U.K. government to proceed with the development of the Alder Field in the Central North Sea.
read more... 15/01/2014
Global CO2 market: decline by 38% in 2013
The value of global carbon markets reduced by 38% arriving at 38.4 billion euros in 2013, because of a drop in prices in the major EU and U.N. schemes and the restricted trade in new programmes, according to the analysts at Thomson Reuters Point Carbon.
read more... 03/01/2014
Gazprom and Wintershall sign basic agreement on asset swap
Gazprom and Wintershall have signed an agreement regarding the asset swap between the two companies. The world’s largest gas producer acquired 50% shares in UK and Dutch gas fields operated by Wintershall, as part of a Master Agreement to exchange assets with the German firm.
read more... 30/12/2013
China to set a cap on its CO2 emissions by 2016
The world's biggest producer of carbon dioxide intends to set a cap on its greenhouse gas emissions for the first time. China is planning an absolute emissions cap for the period 2016-2020, and is also looking at emissions targets for 2030 and 2050.
read more... 26/12/2013