Latest news
.jpg)
Europe risks €87 billion in stranded fossil gas assets
Fossil gas consumption needs to decline 36% from 2020 to 2030, according to the European Commission, but the planned public and private investment would see an increase of 35% from the current import capacity.
read more... 12/04/2021
Record fall in EU ETS-covered emissions in 2020
Greenhouse gas (GHG) emissions from stationary installations covered by the EU emissions trading system (ETS) are projected to have fallen by the largest amount last year since the launch of the carbon market, according to provisional data released by the European Commission this week.
read more... 08/04/2021
.jpg)
Lithuania sets up grid-linked energy storage pilot with Siemens in 'post-Soviet' move
Project near capital Vilnius to underpin potential for rapid expansion of renewable energies and increase independence from Russian power imports
read more... 07/04/2021
Daily (06.04.2021): Crude oil prices lost 4% on Monday, while other energy markets stagnated due to Easter holidays
Crude oil prices slumped on Monday, weighed by uncertainty regarding the decision taken last week at the OPEC+ summit to gradually ease production cuts. Consequently, Brent oil lost 4.2% to $62.15 a barrel, while WTI crude was 4.4% down at $58.65 a barrel.
read more... 06/04/2021
Oil Majors Look To Exit Tunisia
European oil majors Shell, Eni, and OMV are looking to sell their oil and gas assets in North African country Tunisia, sources in the industry told Reuters on Friday.
read more... 29/03/2021