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Natural Gas
German Gas Levy Could Change as Soon as This Winter -Newspaper
A gas levy on German consumers meant to help utilities cover the cost of replacing Russian supplies could change as soon as this winter, the managing director o…
LNG
Canada Exploring Feasibility of Direct LNG Exports to Europe -PM Trudeau
Canada is exploring ways to see if there is a business case to export liquefied natural gas (LNG) directly to Europe from its east coast, Prime Minister Justin …
Coal-Fired Power Plants
Germany’s Uniper to Restart Coal-Fired Power Plant as Gazprom Halts Supply to Europe
German utility Uniper SE on Monday said it will start producing electricity for the market at its Heyden 4 hard-coal-fired power plant as a three-day halt in Ru…
LNG
The World’s Biggest LNG Exporter Has a Pipeline Problem
The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter.
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…
Hydropower Plant
Europe’s Hydropower Generation Hits Record Lows Due to Drought
The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…
Tidal Energy
EMEC Scores Funding for Hydrogen Trailers at Tidal Power Project Site
Net Zero & Energy Secretary Michael Matheson at EMEC site on Eday with hydrogen transport trailer (credit EMEC)The European Marine Energy Centre (EMEC) has been…
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Natural Gas
Europe Says ‘No’ to VAT Exemption on German Gas Levy
All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
Crude Oil
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …
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…
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Natural Gas
Germany Hits 75% Gas in Storage Goal Ahead of Schedule
Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…
Natural Gas
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
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