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Europe
Russian Federation
Gazprom Says Gas Transit via Ukraine Continues, up From Monday
Russian gas producer Gazprom (GAZP.MM) said it continues to supply gas to Europe through Ukraine via the Sudzha entry point.
LNG
EU Plans First Joint Gas Buying Before Winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil…
Net Zero Emission
Ease: ‘Lack of a Dedicated Storage Strategy Is a Missed Opportunity’
While the European Association for Storage of Energy (EASE) welcomes the provisions that aim at developing energy storage – as stated by REPowerEU – it bemoan…
Electric Car
Global Electric Car Sales Surge in 2022 on Strong Government Policies, IEA Says
China, Europe and the US drive most of the growth in the first quarter, IEA says.
Hydrogen Production
Denmark’s Topsoe Plans Europe’s Largest Electrolyser Plant
Danish engineering group Topsoe plans to build Europe's biggest plant making electrolysers - machines that produce the green hydrogen considered a cornerstone o…
Nuclear Power Plant
Nuclear Included in EU's Repowering Plan
The European Commission has formally adopted the REPowerEU plan which aims to rapidly reduce EU dependence on Russian fossil fuels.
Offshore Wind Power
North Sea Countries Commit to 150GW Offshore Wind Development Plan
Four European countries have signed a declaration committing to develop 150GW of offshore wind in the North Sea by 2050.
EU
Europe Admits It’ll Have to Burn More Coal as It Tries to Wean Itself off Russian Energy
The EU’s desire to wean itself off Russian hydrocarbons means it will need to find oil and gas from other parts of the world to plug supply gaps.
Energy Security
EU Unveils €300BN Package to Slash Reliance on Russia’s Energy
The EU Commission President has highlighted the need for a “rapid reduction” in European reliance on Russian oil and gas.
LNG
EU Unveils 210 Bln Euro Plan to Ditch Russian Fossil Fuels
The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away …
Energy Transition
EU to Map Out Escape Route From Russian Fossil Fuels
The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot …
Natural Gas
Surging Natural Gas Prices Squeeze U.S. Industrial Sector
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United S…
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
Natural Gas
Spain and Portugal Target Price Cap for Natural Gas to Combat Skyrocketing Inflation
Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal stepping into their domestic energy markets to cu…
Solar Cell
European PV Subsidies a Divisive Topic
Subsidies for PV projects are a divisive topic in European countries. Mistakes of the past hang over fresh decision-making processes.
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