Crude oil prices extended gains on Tuesday amid expected weak gasoline market and after Saudi energy minister warned about increased prospect of further OPEC+ outputs cuts. Hence, Brent crude ended at $76.84 a barrel, posting an 1.2% rise. Meanwhile, WTI crude rose by 1.2% to close at $72.9 a barrel.
read more... 24/05/2023
Prime Minister Elisabeth Borne unveiled detailed plans on Monday (22 May) for France to meet the EU’s target of reducing greenhouse gas emissions 55% below 1990 levels by 2030.
read more... 24/05/2023
The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.
read more... 22/05/2023
Equinor , Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.
read more... 22/05/2023
The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.
read more... 17/05/2023