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Russia's Rosneft looks to Arctic to ramp up LNG output

The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month

read more... 03/02/2021

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Daily (02.02.2021): Oil climbed to the highest level in three weeks on Monday amid supply cuts, lower U.S. inventories

Oil prices surged to their highest levels in three weeks on Monday, buoyed by falling U.S. crude inventories and a further reduction in Saudi production. A change in the sentiment, which was driven by broader market strength, following positive economic data, brought additional support to oil markets. Brent crude rose by 0.9% to settle at $56.35 a barrel. Meanwhile, U.S. WTI crude soared by $1.35, or 2.6%, to close at $53.55 a barrel. For month, both benchmarks gained nearly 8%.

read more... 02/02/2021

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Germany launches blockchain energy trading project

Germany has launched a state-subsidised research project that will look at how to make use of blockchain technology in adapting power trading to the growing share of decentralised renewable power generation under the country's energy transition.

read more... 02/02/2021

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China Starts Emissions Trading As It Aims For Net Zero By 2060

China, the world's largest polluter, launched on Monday an emissions trading scheme as part of its efforts to become a carbon-neutral economy by 2060.

read more... 02/02/2021

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Almost 62% of energy consumers are ‘more likely to buy systainable products’

A third of energy consumers had stopped using a product or service because it was not sustainable, according to a new report

read more... 02/02/2021

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