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Europe
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.
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.
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