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Climate strikes, environmental protests in November 2020
- Environmental groups, activists around globe continue protesting online, mostly due to increasing COVID-19 cases
Green recovery could cut 25% of forecast 2030 emissions
- UN says green recovery would put emissions within range, giving a 66% chance of holding temperatures below 2°C
09.12.2020
Renewable
US economy adds 638,000 jobs, unemployment down to 6.9%
- October marks 6th consecutive monthly decline in unemployment rate, number of unemployed stands at 11.1M
Energy transition poses big credit risk to Gulf NOCs
- Sovereign sponsors of NOCs will impact credit profiles as governments shift to less carbon intensive economy, Moody's says
US Fed Chair: Path ahead ‘highly uncertain’ for economy
- Employment, overall economic activity remain well below pre-pandemic levels, central bank head says
Strong recovery expected in 3Q: US Treasury chief
- Around 24% GDP growth projected in July-September period
Moody's downgrades Turkish Petroleum Refineries' rating
- Decision follows weakening of Turkish government's credit profile with downgrade of government bonds from B2 to B1
Moody’s upgrades oil, gas sector outlook to 'stable'
- Agency forecasts oil prices will remain around $40-$45 per barrel in 2021
'Air pollution kills 400,000 in Europe every year'
- Pollution, climate change remain Europe's top environmental threats to health, says European Environment Agency
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Asia Pacific to draw more energy investments by 2030
- Coal investment, however, will fall from peak of $57 billion in 2013 to $18 billion by end of decade, Wood Mackenzie says
Coal use must be progressively phased out: UN chief
- 'Virus, climate crisis raise fundamental questions about how to ensure health, well-being of people, planet,' says Guterres
29.08.2020
Coal
Oil prices down amid continuing virus concerns
- Although rise in coronavirus cases pose risks, Moody's says global trade is staging synchronous recovery in most countries
Trump scraps Obama methane limits in oil, gas sectors
- Decision is a major setback in climate regulations as methane is more potent than CO2 as heat-trapping gas in atmosphere
Mauritius pushes for compensation over oil spill damage
- Oil spill from Japanese vessel off East African island nation has harmed endangered, exotic flora and fauna
Turkey's flag carrier stretches its wings for nature
- Turkish Airlines saves soil larger than 60 football fields, prevents cutting of 3,648 trees by recycling its waste in 2019
Turkish president marks World Environment Day
- Solution of environmental problems requires cooperation of all countries, implementation of long-term policies, says Erdogan
Oil prices up as Trump says OPEC+ should double cuts
- 10 million bpd of OPEC+ curb could reach 20 million bpd if US, Mexico, Canada, Brazil, Norway also make cuts
Sleeping early reduces carbon emissions: Experts
- High emissions-related global warming, climate change put future of sustainability, security at risk, say scientists
OPEC reaches final deal to cut oil output by 10M bpd
- Mexico to cut crude output by 100,000 bpd, remaining 300,000 bpd to come from US
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Efforts to counteract COVID-19 offer chance to go green
- Lockdown leads to further interim emissions fall, but longer-term environmental impact will depend on gov. policies: EBRD
09.04.2020
Renewable
Oil prices down as OPEC meeting postponed
- Teleconference to be held on Thursday as tensions between OPEC+ heavyweights Saudi Arabia, Russia continue
Brent oil heading for 23% weekly gain with OPEC at sight
- OPEC members to hold video conference on Monday to discuss how they can stabilize oil market
Oil retreats as markets doubt Saudi, Russia deal
- Crude prices down after they soar 16% on expectations for oil output cut from Riyadh, Moscow
Oil up as Trump talks to Saudi, Russia to end price war
- "I have confidence in both that they'll be able to work it out," Trump says
Moody's changes Shell's outlook to negative
- Negative outlook reflects impact of collapsing oil prices on Shell's financial profile in 2020, rating agency says
Brent oil up with sharp decline in US oil rig count
- Crude output in US can decline in following weeks to help trimming some of oversupply in market
Oil prices to remain low through 2020: Moody's
- High uncertainty about pace of recovery in demand may cause oil prices to remain weak in 2021
Lower oil price to weaken oil-exporters credit profiles
- Fiscal revenues, exports of some countries will decline by more than 10% of GDP, says global rating agency