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Business

Eni doubles down on Egyptian gas: $8.5bn in investments and 230 new wells

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Europe News

EU-backed electricity link to Cyprus stalls amid regional tensions

The nearly €2 billion Great Sea Interconnector subsea cable would connect Cyprus to the EU's electricity system and end Nicosia's energy isolation. However, Turkey's maritime ambitions and financing issues have been stalling the project, which was meant to become operational in 2024.

Earth News

Major boost for green energy as Canada plans €43 billion investment

The slated green energy plans could light, heat and cool all the homes in Toronto, Montreal and Vancouver combined.

Earth News

Video: Giant land art warns about risks of new oil and gas drilling

A Welsh hillside scorched by wildfire has been used as the canvas for a new piece of art.

Europe News

Euroviews. Geothermal energy promises domestic power - the EU is hesitating

The EU runs the risk of standing idly by whilst the US and Canada develop geothermal energy into an industry. In Europe discussions about partnerships are still ongoing, writes Tatiana Mindekova from the global energy think tank ‘Ember’ in a guest article for Euronews.

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Europe News

Russia admits new petrol shortages amid ongoing Ukrainian strikes

Ukraine has been targeting Russia's energy sites with drones and missiles for months, hoping to hit a vital source of revenue for the Russian army.

Business

BP returns to Venezuela as post-Maduro energy opening accelerates

Venezuela has awarded BP a licence to develop the offshore Loran gas field alongside state-backed partners from the UAE and Qatar, marking the British company's return to a country whose energy sector has been reopening to foreign investors since US forces captured Nicolás Maduro.

Earth News

Jellyfish force shutdown of three reactors at French nuclear plant

Experts say overfishing, plastic pollution and warming seas due to climate change have created conditions allowing jellyfish to thrive and reproduce.

Earth News

Solar power output set to fall during eclipse

Portugal's grid operator REN estimates that solar power generation on Wednesday will fall by about 45% during the eclipse compared with usual levels for that time of day.

Culture news

Harry Potter fans force diversion of cable to protect 'Dobby's 'grave'

It has been revealed that Harry Potter fans succeeded in diverting a multimillion-pound power link between the UK and Ireland after they pointed out the project would disturb a memorial to Dobby the House Elf.

Europe News

Cypriot natural gas flowing to Europe in 2028, says Cyprus

In an exclusive interview with the Associated Press, he highlights the progress of Cyprus's ongoing energy projects, which will also benefit EU citizens.

Ecotech

A Japanese inventor is turning soil into a source of electricity

A Japanese designer has developed a technology that generates tiny amounts of electricity from everyday materials such as soil, water, food and construction waste.

Business

HSBC profit jumps as bank unveils major share buyback plan

British banking giant HSBC said on Tuesday it would buy back up to $1 billion (€0.86bn) of shares after reporting a sharp rise in first-half profit.

Europe News

Hungary's nuclear crisis tests new PM Magyar's leadership

Record-low Danube water levels have forced Hungary's Paks nuclear plant into partial shutdown, cutting output as demand surges. Former governing party Fidesz is seizing on the outage to question the still-new government's competence.

Qatar

Second tanker with Qatari LNG struck in Hormuz as force majeure widens

The GasLog Shanghai was struck while leaving the Strait of Hormuz, weeks after the Al Rekayyat was hit in the same area. Italian utility Edison said QatarEnergy had extended force majeure on a further three cargoes, bringing the total affected to 24 shipments through September.

Economy

Eurozone inflation hits 2.9%: Where did prices rise most?

Eurozone inflation rose to 2.9% in July, but price pressures varied widely across member states. Here's where inflation accelerated, eased and how markets reacted.

Business Series

Azerbaijan boosts EU gas supplies

In partnership with Azpromo

In an interview with Euronews, SOCAR energy executives discussed Azerbaijan’s expanding role in European energy security, following a 56 per cent increase in natural gas exports to the EU since 2021.

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