Eu

Natural Gas

EU Leaders Set to Explore Gas Price Cap Options

European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks.

Carbon Neutral

20th CPC National Congress | Xi Vows to Prioritise Environment, Protect Nature and Promote Green Lifestyles

President Xi Jinping on Sunday said China will give priority to environmental protection and promoting green lifestyles.

Wind Farm

Iberdrola Explores Sale of Wind Assets in Romania, Hungary -Sources

Spanish power company Iberdrola is looking to sell its onshore wind farms in Romania and Hungary as part of a strategy to raise cash to fund more lucrative rene…

Hydrogen Production

Cepsa and the Port of Rotterdam to Establish the First Green Hydrogen Corridor

The corridor will supply Europe with 4.6 million tonnes of green hydrogen by 2030.

Natural Gas

Five EU Countries Propose Two Options to Cap Gas Prices

Greece and four other EU countries on Thursday made a joint request to the European Commission to explore two options to cap soaring gas prices and propose poss…

Electric Car

EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market

European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.…

Natural Gas

France Sends Germany Natural Gas to Ease Its Energy Crisis

On Thursday, France started sending natural gas directly to Germany in an attempt to alleviate the energy crisis in Europe’s biggest economy.

Spain

Spain to Pull out of Treaty Protecting Energy Investments

Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.

Australia

EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue

The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…

Natural Gas

EU Leaders May Back New Gas Price Benchmark, Document Shows

European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers an…

United States

U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…

Carbon Neutral

UK Professors Say Hemp Can Make Scotland’s Agricultural Sector Carbon-Neutral

Boosting hemp production in Scotland could bring “huge” environmental benefits to the agricultural sector, according to a new report.

LNG

Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive

U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top exec…

Natural Gas

Gas Price Cap Deal Eludes EU Countries, for Now

The European Union will unveil proposals next week to launch joint gas buying within months and develop an alternative gas price benchmark.

Hydrogen Production

Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market

The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…