Latest news
Britain to spend $1.4 bln to cut carbon emissions from industry, hospitals
Britain plans to invest 1 billion pounds ($1.39 billion) to cut emissions from industry, schools and hospitals, it said on Wednesday, as part of wider "green revolution" designed to create thousands of jobs and meet climate targets.
read more... 17/03/2021
North Sea oil drilling ban 'unlikely' but not ruled out by UK ministers
The UK government is unlikely to impose an "outright" ban on new exploration licenses in the North Sea basin, a person close to the matter told S&P Global Platts on March 15, after weekend reports that ministers were considering a moratorium on new drilling.
read more... 16/03/2021
Invest $131 trillion in clean energy by 2050 to hit climate goals
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday.
read more... 16/03/2021
Daily (16.03.2021): Oil prices softened on Monday data amid fears of slow recovery in demand
Oil prices pulled back from gains notched on strong Chinese data and ongoing supply restraint from OPEC+ group as the likelihood of a new round of lockdowns in Europe due to increasing coronavirus cases raised concerns over a possible setback in energy demand. Hence, Brent crude lost 0.5% to settle at $68.88 a barrel. Meanwhile, U.S. WTI crude ended at $65.39 a barrel, declining by 0.5% day-on-day.
read more... 16/03/2021
Total Reinforces its Commitment to Develop Singapore Into a Major LNG Maritime Hub for Asia
The Maritime and Port Authority of Singapore (MPA) has awarded a third Liquefied Natural Gas (LNG) bunker supplier license to Total’s subsidiary in charge of worldwide bunkering activities, Total Marine Fuels Private Limited, for a five-year term starting January 1st, 2022.
read more... 16/03/2021