Oil prices decreased on Thursday, after the Energy Department announced a larger-than-expected decline in U.S. inventories and a drop in weekly output. The market was influenced by a bearish outlook by the International Energy Agency, which reduced its forecast for oil demand for 2018.
read more... 13/10/2017
European Union countries and the European Parliament have different opinions on how to restructure the EU carbon market and if it should specify aviation and shipping, according to EU sources on Wednesday.
read more... 30/06/2017
Poland defies the draft carbon market reform agreed by most European Union governments this week, stating the deal is not-binding because it did not have the full support of the bloc's 28 nations.
read more... 03/03/2017
According to the energy sector's five-year plan for 2016-2020, released currently by the National Development and Reform Commission and the National Energy Administration, the stake of coal in the country's energy mix should fall below 58 percent. Last year, coal accounted for 64% of primary energy.
read more... 18/01/2017
The European Bank for Reconstruction and Development (EBRD) is extending $ 134.75m loan to three Turkish electricity companies, the Trakya Electricity Distribution Company (TREDAŞ), the Trakya Electricity Retail Company (TREPAŞ), and to their parent company, IC İçtaş Elektrik (ICEL), as part of its moves to enhance reforms in the country’s electricity sector.
read more... 14/12/2016