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Austria
Austria Seeks Allies for Legal Challenge to EU Green Investment Rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …
Natural Gas
EU Countries Eye Deal on More Energy Measures Within Weeks
European Union countries will seek a November deal on more emergency measures to tackle high gas prices.
Oil Price
Oil Takes a Breather, Eases off 5-Week Highs
Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow…
United Kingdom
UK Minister Zahawi: Planned Power Cuts Extremely Unlikely
Chancellor of the Duchy of Lancaster Nadhim Zahawi walks at Britain's Conservative Party's annual conference in Birmingham, Britain, October 5, 2022. RE…
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
EU
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…
Natural Gas
Group of Countries to Push EU for Gas Price Cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen b…
Energy Transition
UN Secretary-General Calls for a Fossil Fuels Intervention
The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…
Biomass Power Plant
Doosan Škoda Supplies Turbines for La Reunion Coal-To-Biomass Conversion
Czech turbine manufacturer Doosan Škoda Power had been awarded a contract for a biomass plant on the island of La Reunion.
Offshore Wind Power
North Seas Energy Cooperation Commits to 260GW Offshore Wind by 2050
North Seas Energy Cooperation country energy ministers have committed to reaching over 85% of the European Union’s 2050 offshore wind capacity ambition.
Energy Saving
EU Parliament Backs Higher Targets on Renewables and Energy Savings
European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb…
Natural Gas
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …
Electric Car
Europe and Japan Opposed to U.S. EV Subsidy Discrimination
The European Union and Japan, as well as South Korea, are objecting to the U.S. Inflation Reduction Act, pointing out that the United States is violating the pr…
LNG
Shell, Unions Reach Deal to End Strike at Prelude FLNG off Australia
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and re…
EU
EU Watchdog Backs ESG ‘Quality Label’ for Market Benchmarks
The European Union's markets watchdog said on Friday that a 'quality label' for market benchmarks would help prevent investors being misled by environmental, so…
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