The 5th Opec+ meeting has concluded on Friday with the unanimous decision of cutting oil output by 1.2 mb/d starting from January 2019, for an initial period of six months. Opec countries will count for 0.8 mb/d and non Opec countries for 0.2 mb/d of the total target. The decision was far from being an easy one, …
The COP 24 has just started in Katowice and the EU Commission has released its Evaluation of the 2013 EU Strategy on adaptation to climate change and PESETA III Project just a few weeks ago.
The key findings on risk transfer and the areas in Europe mostly afected by climate change picture the EU ready and determined to fight its battle against climate change.
The election of the new President of Brazil Jair Bolsonaro has drawn the attention of the whole world. And within all the socio-economic implications of his election, he is probably going to have a pivotal role in particular for the energy and climate future of Brazil and the entire world.
One of the latest publications from the Oxford Institute for Energy Studies (OIES) casts some doubts about the need and implementation of centralised capacity mechanisms proposing an alternative solution to complement the energy-only markets. At EU level the discussion about the introduction of capacity mechanism has a long story, and the EC is not completely favourable to them.
The Italian Prime Minister has given the green light to the TAP, but the government seems more divided than ever and uncapable of establishing ad following a common energy strategy.
This month the IPCC released a special report about Global Warming of 1.5 °C and its very likely consequences. Approved in Incheon, Republic of Korea on Saturday October 6th 2018, it is going to be a key scientific input for the next Climate Change Conference, which is going to happen in Katowice in Poland in December. But this is also a kind advice to all Governments, industries and organisations all over the world about the urgency and importance to take action now.
The World Energy Week 2018 focused on the challenges of the energy transition, between perceived risks and the opportunities of digitalization
The agreement to bring gas from Cyprus to Egypt for further export signed on the 19th of September could be a starting point to develop Eastern Mediterranean gas resources.
A Landmark deal was reached by Caspian states on the status of te world biggest water body. However, the energy dimension has not been tackled, for now.
After threats by Iran to close the Strait of Hormuz, Saudi Arabia halts shipments through the Strait of Bab el-Mandeb, following attacks by the Houthis to two Saudi vessels. Is Iran behind it? and how Saudi Arabia will act in the long term?