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Carbon Neutral
First Carbon Neutral Apartment Building Coming on Blockchain
Australian blockchain pioneer Powerledger’s Montreal Commons project is set to be one of the world’s first carbon neutral apartment buildings.
EU
EU Watchdog Backs ESG ‘Quality Label’ for Market Benchmarks
The European Union's markets watchdog said on Friday that a 'quality label' for market benchmarks would help prevent investors being misled by environmental, so…
LNG
Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…
Hydropower Plant
Europe’s Hydropower Generation Hits Record Lows Due to Drought
The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…
Tidal Energy
EMEC Scores Funding for Hydrogen Trailers at Tidal Power Project Site
Net Zero & Energy Secretary Michael Matheson at EMEC site on Eday with hydrogen transport trailer (credit EMEC)The European Marine Energy Centre (EMEC) has been…
Carbon Emissions
EU Greenhouse Emissions Bounced Back
Greenhouse gas emissions rose in the first three months of the year, according to official data.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Natural Gas
Europe Says ‘No’ to VAT Exemption on German Gas Levy
All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
Crude Oil
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …
Carbon Emissions
EU Greenhouse Gas Emissions on the Rise, but Still Below Pre-pandemic Level
Greenhouse gas emissions across the European Union rose in the first quarter from a year earlier, but remained just below pre-pandemic levels, the bloc's statis…
Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
Crude Oil
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "…
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Natural Gas
Germany Hits 75% Gas in Storage Goal Ahead of Schedule
Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…
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