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LNG
Can Europe Actually Afford to Kick Fossil Fuels?
The European Union has made big pledges to go green, but the energy crisis is making its plans exceedingly difficult to achieve.
Energy Transition
EU Agrees Deal on Company Disclosures to Combat Greenwashing
The European Union has reached a deal on corporate sustainability reporting requirements for large companies from 2024, a European Parliament committee said on …
Emissions Trading System
Risk of Delay to Carbon Market Reforms After Surprise EU Vote
The European Parliament on Wednesday rejected a proposal to upgrade the European Union's carbon market, an unexpected move that exposed divisions over the bloc'…
Natural Gas
EU, Egypt Near Gas Supply Deal in Shift Away From Russia
The European Union and Egypt are set to sign a deal later this month on supplying the bloc with gas as the bloc seeks to slash its dependence on Russian supplie…
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…
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…
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.
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…
Energy Transition
IRENA Backs UN Call to Speed up Energy Transition
UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.
Energy Storage Battery
UN Calls for ‘Global Coalition on Battery Storage’
As the global climate crisis unfolds, António Guterres, secretary-general of the UN, has highlighted the crucial role battery storage can play in tackling it. …
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
Crude Oil
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look…
Natural Gas
European decarbonisation and Fuel Independence From Russia ‘Impossible Without Energy Storage’
The European Union has no choice but to develop a coherent strategy on energy storage if it is to achieve its decarbonisation goals and end its dependency on Ru…
Net Zero Emission
UAE Ahead of the Curve as It Pursues 2050 Net-Zero Target, Enec Chief Says
The UAE is ahead of the curve as it works towards reaching net-zero emissions by 2050 due to its investment in several clean energy projects, a senior official …
SMR
Tractebel to Conduct Nuward SMR Conceptual Design Studies
Tractebel is to contribute to the development of France's Nuward small modular reactor (SMR) project. The Belgian engineering firm will conduct studies for the …
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