Europe

Crude Oil

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…

Crude Oil

Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons

Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.

Nuclear Power Plant

Chernobyl Power Cut, Transmission Lost at Europe's Largest Atomic Plant: IAEA

Power has been cut to the Chernobyl nuclear plant, Ukraine said Wednesday, but the UN's atomic watchdog said there was "no critical impact on safety".

Carbon Pricing

Ukraine Invasion Crashes Carbon Credit Prices

The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil & Gas Supply

European Oil and Gas Majors’ Exposure to Russia Is Limited

European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …

Coal Mine

Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives

Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to sup…

Crude Oil

EU Leaders Tackle Escape Route From Russian Fossil Fuels

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.

LNG

Germany to Build Its Own LNG Terminal

European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …

Natural Gas

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels …

Coal Mine

Australia Pushing Higher Coal Exports to Europe

Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…

Hydrogen Project

Asia Is Amongst ‘Most Attractive’ Region for Green Hydrogen Development

Asia, along with Europe, is amongst the most attractive region in terms of developing green hydrogen, Fitch Solutions reported.

Natural Gas

Chevron CEO Announces Israel Gas Pipeline Could Supply Europe

Europe’s natural gas shortage has renewed talk of the EastMed pipeline – a Mediterranean Sea pipeline that could carry gas from Israel to European customers.…

Hydrogen Production

Air Liquide Gains French State Support for 200MW Normandy Hydrogen Production Project

Normandy, France, will gain a 200MW electrolyser project from Air Liquide in order to boost the European hydrogen sector whilst additionally receiving support f…

Hydrogen Production

EU Draws out Plan to Increase Hydrogen Production to Replace Russian Fossil Fuels and Gas Dependency

The European Commission has revealed on March 8 a brand-new plan in which to phase out dependency on Russian gas and fossil fuels with hydrogen a key aspect of …