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Tag: Europe
China’s petrochemical surge is driving global oil demand growth
The global petrochemical industry – essential to the production of clothing, tyres, detergents, fertilisers, and countless other everyday products – is currently going through a momentous period of transition. Driving this change...
Valencia kicks off 2024 as new European Green Capital
The Spanish city of Valencia officially starts, today, as the European Green Capital 2024. To celebrate this achievement, over 400 activities and events are foreseen to reach all sectors of the city,...
iO Partners welcomes Charles Boudet as Group CEO
iO Partners proudly announces the appointment of Charles Boudet as Group CEO.
With this appointment, iO Partners wishes to further accelerate growth and contribute to the transformation of the real estate sector.
Charles Boudet,...
Air pollution levels across Europe still not safe, especially for children
While emissions of key air pollutants have declined over recent decades, air pollution levels in Europe are still not safe. Children and adolescents are particularly vulnerable to air pollution because their bodies,...
Energy Crisis Forces More Ambition in EU Green Buildings Law
Soaring energy prices are mounting pressure on Europe to renovate its ageing, inefficient buildings as governments scramble to protect citizens from rising utility bills.
Europe’s buildings are responsible for 40 per cent of...
Climate Change Driving Unprecedented Forest Fire Loss
Forest fires supercharged by climate change are burning twice as much global tree cover as 20 years ago, according to data published on Wednesday (17 August) showing the equivalent of 16 football pitches...
France Gets Help From EU Partners as Wildfires Rage
Firefighting teams and equipment from six EU nations started to arrive in France on Thursday (11 August) to help battle a spate of wildfires, including a fierce blaze in the parched southwest...
Driest July in Memory Imperils Europe’s Crops
As much of Europe bakes in a third heatwave since June, fears are growing that extreme drought driven by climate change in the continent’s breadbasket nations will dent stable crop yields and...
“This heatwave is the new normal”, WMO Secretary-General says
“We have broken an all-time high in the UK”, said Petteri Taalas, WMO Secretary-General. “Heatwaves will happen more frequently because of climate change. The connection has been clearly demonstrated by IPCC”.
Stable high...
EBRD to Invest in Lamda’s Green Bond in Greece
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing 20 million euros in the total 230 million euros offering.
Lamda...
Fuel Price, Excise, Strategic Reserves of Oil and Petroleum Products – What Do We Know About It?
Fuel prices plummeted again in February, causing concern in the local market, especially after additional forecasts that the cost of crude oil will continue to rise. Although it is impossible to stay...
Speed Up Green Transition to Break From Russian Fossil Fuels, Say 11 EU Countries
Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries.
The invasion of Ukraine put a spotlight on Europe’s...
IEA: Global natural gas demand set to decline slightly in 2022
The world’s demand for natural gas is set to decline slightly in 2022. as a result of higher prices and market disruptions caused by war in Ukraine, according to the International Energy...
IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil
The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine,...
Oil Market Report Highlights – March 2022
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...
Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions
As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines,...
