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Oil & Gas
European Gas Consumption Is 24% Below the Five-Year Average
Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.
Policy & Regulation
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues
Energy Economy
France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2
Oil & Gas
Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo
Lukoil said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on Decemb
Oil & Gas
Poland Approves $60 G7 Oil Price Cap
Poland has agreed to a $60 price cap on Russian crude oil, Poland’s Ambassador to the EU, Andrzej Sados, said on Friday.
Wind Power
EU Determined to Secure Its Wind Energy Industrial Base
The European Commission is launching “Clean Tech Europe”, a new platform to strengthen its value chains for clean energy.
Climate Change
EU Continues to Be at the Forefront of Clean Energy Research
The rapid development and deployment of home-grown clean energy technologies in the EU is key to the response to the current energy crisis, the European Commiss
Oil & Gas
EU Executive Proposes Gas Price Cap at 275 Euros/MWh
The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exc
Power Grid
R2D2 Project to Improve the Reliability, Resilience and Defence of Europe’s Grid
The R2D2 (Reliability, Resilience and Defence technology for the griD) project has been launched to address the growing number of threats and vulnerabilities th
Oil & Gas
Floating LNG Projects Boom as Europe Races to Stock up on Gas
Floating LNG projects are booming in both gas-importing countries and gas-producing countries.
Oil & Gas
Europe Rushes to Fill Up on Russian Diesel Before Ban Begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Policy & Regulation
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'
Hydrogen
COP27: EU and Egypt Unite Behind Green Hydrogen and a Just Transition
The EU and Egypt have signed a cooperation agreement to develop renewable hydrogen and prepare the groundwork for a just transition in Egypt.
Climate Change
EU Reaches Deal to Increase Carbon Removals From Land Use, Forestry and Agriculture
The agreement boosts the EU’s target for net carbon removals by natural sinks to 310m tonnes of CO2 equivalent by 2030.
Policy & Regulation
EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’
The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a
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Most views from EU
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Optimism About An Iran Nuclear Deal Is Waning
2
Iran Nuclear Deal Talks to Resume on 27 December: EU
3
Russia-Ukraine Crisis: Reforming the EU ETS Is a Matter of Energy Security, Says PGE
4
Europe’s Climate and Energy Strategy Has Become Disturbingly Bipolar
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Risk of Delay to Carbon Market Reforms After Surprise EU Vote
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Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
