Europe

Offshore Wind Power

Europe Eyes Common Subsea Wind Power Grid to Bolster Energy Security

Offshore wind seen as key to cut Russian energy use

Energy Transition

Ukraine War, Pandemic Set to Speed Europe’s Green Energy Transition, Report Finds

Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel use this decade as the energy and COVID-1…

Hydrogen Project

G7 Unveils Controversial ‘Hydrogen Action Pact’ to Tackle Climate Crisis and Russian Gas Reliance

Richest nations pledge to work together on green and blue H2 to help Europe wean itself off Russian gas and to aid climate action acceleration.

LNG

Europe’s Dash for Gas Puts Australia’s LNG Import Plans at Risk

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the r…

EU

EU’s Borrell Hopeful of Deal on Russian Oil Ban

European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, d…

Oil Price

U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring

​Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy…

Russian Federation

Russia's Gazprom Continues Shipping Gas to Europe via Ukraine

The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/Reuters photographer/File PhotoRussia…

Hydrogen Project

Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy

Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 bi…

United States

TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy

TotalEnergies SE said it will acquire a stake in a large US renewables developer, another move by the European energy giant to expand its footprint in the Ameri…

Natural Gas

Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says

In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.

Natural Gas

Spain Paints Itself as the Answer to Europe’s Russian Energy Problem

Spanish Prime Minister Pedro Sanchez has said his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies from R…

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.