03:42 PM @ 27/11/2024
OPEC+ has few options when it comes to bringing back the oil production capacity it has been keeping off the market, according to some of the world’s top energy trading houses.SEE MORE03:32 PM @ 27/11/2024
The global carbon credit market, which Vietnam wants to join, is believed to have a value of $250 billion per annum by 2030, according to the International Emissions Trading Association (IETA).SEE MORE04:31 PM @ 26/11/2024
Gas prices in Europe have exceeded $500 per thousand cubic meters, with futures surging as Russia suspended fuel deliveries to Austria's OMV. The impending expiration of the contract between Ukraine and Gazprom, which allows Russian gas shipments via Ukraine, on January 1 has further fueled concerns over winter supplies.SEE MORE03:44 PM @ 26/11/2024
World leaders formally adopting key rules and guidelines for carbon trading under Article 6 of the Paris Agreement at the 29th UN Climate Change Conference have set a clear pathway for the new era of international carbon markets, but critical challenges remain in safeguarding integrity, restoring demand and advancing national-level implementation.SEE MORE