EU Commission, COP26 President to Intensify Climate Action Cooperation

EU Commission, COP26 President to Intensify Climate Action Cooperation

The European Union will concentrate on translating ambition into action in reducing CO2 emissions and will work with its international partners to fight climate change, EU Energy Commissioner Kadri Simson said after meeting with Alok Sharma, the president of the COP26 climate conference due to be held in Glasgow in November this year.

Commission Not to Stop Nord Stream 2 if Pipeline Complies With EU Law

Commission Not to Stop Nord Stream 2 if Pipeline Complies With EU Law

Despite calls from the European Parliament to stop the Nord Stream-2 gas pipeline from Russia to Germany, the project is subject to national law so the European Commission cannot stop construction of the pipeline as long as Gas Directive complies, DG Energy Director General Ditte Juul Jorgensen said. She added, however, that the Russian-backed project is not supported by the European Union.

Changing Commodities

Changing Commodities

Remember those straightforward days of managing supply and demand? That was the simple way in which we could price all the commodities we needed around the world. Now, however, things seem to be changing, as the old “norms” are being replaced as new factors come into play. We can of course simply divide the commodity world between soft and hard commodities, but increasingly we are seeing new pressures on their pricing, which previous specialists have not had to take into account. These changes could be a result of climate change,

Four Candidates Jockey to Lead OECD

Four Candidates Jockey to Lead OECD

It has been 60 years since the Organisation for Economic Co-operation and Development (OECD) was created as an international economic group of 37 countries that aimed to promote democracy and a market economy. The OECD’s selection committee is in the process of meeting with its member states to decide which candidate

EU Parliament Wants Tighter Consumption and Recycling Rules

EU Parliament Wants Tighter Consumption and Recycling Rules

The European Parliament has adopted comprehensive policy recommendations to achieve a carbon-neutral, sustainable, toxic-free and fully circular economy by 2050 at the latest. MEPs adopted the report in February 10 with 574 votes in favour, 22 against and 95 abstentions, is a response to the Commission’s Circular Economy Action Plan.

EU-Ukraine Launch Strategic Partnership on Raw Materials and Batteries

EU-Ukraine Launch Strategic Partnership on Raw Materials and Batteries

The European Union and Ukraine have launched a strategic partnership on raw materials and batteries, EU Commission Vice President Maros Sefcovic said on February 11. “The European Union has always stood side-by-side with Ukraine as its closest friend,” said the VP for Inter-institutional Relations and Foresight. “Our support and cooperation has been delivering tangible results.

Kazakhstan’s Oil Producers Ship Over 3.5 Tons of Crude Through CPC in January

Kazakhstan’s Oil Producers Ship Over 3.5 Tons of Crude Through CPC in January

NUR-SULTAN, Kazakhstan – The Caspian Pipeline Consortium (CPC) marine terminal loaded 4,120,449 gross tons (32,668,264 barrels) of crude oil in 41 tankers, the press service of CPC said. “Of 4,120,449 tons lifted in January 2021, 1,716,955 tons of crude was from the Tengiz field,

The UAE is a Natural Partner for Europe’s Sustainable Future

The UAE is a Natural Partner for Europe’s Sustainable Future

The EU continues to show global leadership in addressing climate change. With its European Green Deal and climate objectives shortly to be enshrined into law, the bloc has set a clear direction for realising its ambition to be the first carbon-neutral continent by 2050.  Climate change, however, is a global challenge.

Von der Leyen Says AstraZeneca to Deliver 9 Million More COVID Vaccine Doses

Von der Leyen Says AstraZeneca to Deliver 9 Million More COVID Vaccine Doses

British-Swedish pharmaceutical giant AstraZeneca will deliver 9 million more doses of its COVID-19 vaccine to the European Union in the first quarter of this year, the European Commission’s chief, Ursula von der Leyen announced on Sunday evening. “AstraZeneca will deliver 9 million additional doses in the first quarter (40 million in total) compared to last week’s offer

Biden and the EU’s Fight Against Climate Change and Disinformation

Biden and the EU’s Fight Against Climate Change and Disinformation

President Joe Biden has made clear his foreign policy objectives for his first 100 days in office. Clear signals have been sent about a diplomacy-first platform when engaging with partners and adversaries abroad. This is a departure from former President Trump’s all-but-vacant role in the international community.

Sefcovic Hails Milestone for EU Battery Alliance

Sefcovic Hails Milestone for EU Battery Alliance

A second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain complies with EU state aid rules, the European Commission said on January 26. The project, called European Battery Innovation was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden.

The EU-China Investment Agreement is a Disaster For the West

The EU-China Investment Agreement is a Disaster For the West

The EU-China Comprehensive Investment Agreement that was announced in December 2020 at joint virtual press conference between Ursula von der Leyen, Charles Michel, Xi Jinping, Angela Merkel and Emmanuel Macron is a disaster for the western world. It fails to address human rights violations in China. It doesn’t tackle the problem of forced labour (slavery). It legitimises an authoritarian regime. And most of all, it won’t create the jobs for Europeans that it promises.