Latest news

Eni looking to sell assets in Pakistan in portfolio rethink

The company is sounding out potential buyers for a series of oil and gas assets in the country and could have a deal in place before the end of the first quarter, one of the sources said.

read more... 14/12/2020

news

Daily (11.12.2020): Brent crude tops $50 for the first time since March amid vaccine optimism

Oil prices surged on Thursday, with Brent crude surpassing $50 a barrel for the first time since March as optimism surrounding Covid-19 vaccine progress lifted the outlook for consumption. Moreover, the oil market was spurred by reports suggesting Chinese demand is exceeding pre-Covid levels. Hence, Brent crude for February delivery rose by $1.39, or 2.8%, to settle at $50.25 a barrel. Meanwhile, U.S. WTI crude for January delivery soared by $1.26, or 2.8%, to close at $46.78 a barrel. Both contracts marked their highest settlements since March 4.

read more... 11/12/2020

news

Global CO2 emissions ‘plunged by 7% in 2020 due to Covid-19 pandemic’

The decline in global emissions was the largest on record, according to a new report

read more... 11/12/2020

news

Hungary is Ukraine's main gas re-export route

Hungary has been the main destination for gas re-exported from Ukrainian storages since the start of November.

read more... 11/12/2020

news

China Must Close Coal Power Plants By 2045 To Meet Climate Goal

China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by 2060, researchers said on Thursday.

read more... 11/12/2020

news