Nio

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…

Carbon Emissions

EU Greenhouse Gas Emissions on the Rise, but Still Below Pre-pandemic Level

Greenhouse gas emissions across the European Union rose in the first quarter from a year earlier, but remained just below pre-pandemic levels, the bloc's statis…

Crude Oil

The Burgeoning Energy Partnership Between Azerbaijan and the EU

As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.

Natural Gas

Switzerland Could Align With EU Energy Saving Drive, Energy Minister Says

Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told …

Hydrogen Production

INNIO to Power Raven SR’s First Waste-to-Hydrogen Plant

US-based waste-to-energy firm Raven SR will make use of INNIO’s hydrogen-ready Jenbacher engines in their hydrogen production facility at a sanitary landfill i…