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EU
Oil & Gas
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
Oil & Gas
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
Solar
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec
Oil & Gas
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
Coal
G7 Can Spearhead Climate Fight by Agreeing to Phase Out Coal, Germany Says
The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power ge
Energy Economy
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
New Energy Vehicles
IEA: ‘Global Ev Sales Continue to Soar This Year’
Nearly two million EVs were sold in the first three months of the year, according to a new report
Oil & 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.
Oil & 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
Oil & Gas
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 Storage
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
Wind Power
Wind Turbine Suppliers See Record Year for Deliveries Despite Supply Chain and Market Pressures
30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasin
New Energy Vehicles
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.
Oil & Gas
Norway’s Hammerfest LNG Plant Extends Outage Until May 27
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020,
Oil & Gas
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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Most views from EU
1
EU Sets Intermediate Targets for 2025 Gas Stockpiling Campaign
2
The EU Commission Sues Bulgaria, Slovakia Over the Renewable Energy Directive
3
EU Approves €1.7 Billion Danish State Aid to Boost Green Hydrogen and Renewable Gas Production
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EU Approves Effective Ban on New Fossil Fuel Cars From 2035
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In Russia-Europe Gas Standoff, Both Sides Lose
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Wind Power and Solar Already Surpass Gas in Electricity Generation in the EU