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Europe Decoded

Explained: What is Gazprom and what makes it so powerful?

The energy giant has an exclusive monopoly to export Russian pipeline gas.

United Kingdom

Rivals to succeed Boris Johnson blasted for 'fantasy' economic plans

Prime ministerial contenders Liz Truss and Rishi Sunak, as well as the main opposition leader, have been criticised by a prominent economist over their ideas for tackling the cost-of-living crisis.

Europe Decoded

Watch: Here's how the price of electricity is set in the EU

The price of electricity varies widely depending on the energy source used to generate it.

Eco-Innovation

This paper battery with a water switch could help cut electronic waste

The team behind the paper battery say it could be used for smart labels, environmental sensors and even medical devices.

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Germany

Powered by poo: German energy plant makes biogas from manure

With Germany scrambling to find alternatives to Russian natural gas, an energy plant in Zerbsk is producing biogas made from chicken and cow manure.

This will impact your life

Energy savings: How EU governments plan to cut their consumption

The EU must cut its consumption of gas to survive the coming winter as Russia progressively turns off the tap. We asked governments what they will do to reduce their own energy bills.

Europe News

BP earnings triple as energy firm profits from rising prices

BP’s earnings tripled in the second quarter as the British energy giant profited from oil and natural gas prices that soared after Russia invaded Ukraine.

Hungary

'Hungary will have enough': Orban to strike gas deal with Russia

Hungarian Prime Minister Viktor Orban said Friday he expects to agree a new gas deal with Russia this summer.

Europe News

Tieless Pedro Sánchez asks Spaniards to ditch the tie to save energy

The Spanish PM showed up tieless to a press conference and asked his fellow Spaniards to follow suit.

Economy

Inflation across the eurozone reaches new all-time high of 8.9%

Core inflation, which excludes volatile items like energy and food, stood at 4%, the highest figure since the euro was created.

Germany

Berlin turns off the lights in a bid to save energy

Berlin has decided to turn off the lights of several monuments as part of an energy-saving attempt amidst fears of winter gas shortages.

Eco-Innovation

Paris expands its underground cooling system to beat the heat

Paris' urban cooling network is set to triple in size, reducing the city's temperature by 1°C.

Europe News

Energy poor in Spain struggle amid high inflation and heatwave

Euronews spoke with Monica Guiteras Blaya about the worsening energy crisis for those who can't afford to pay the bills.

Europe Decoded

All you need to know about the EU's 15% gas reduction plan

The plan could introduce mandatory rationing across the bloc if Russia totally cuts off gas supplies.

World News

Fears of winter gas shortages as Nord Stream reduced to 20% capacity

Gas deliveries via Nord Stream fell on Wednesday to almost 20% of the pipeline's capacity, amplifying the risk of shortages this winter in several European countries.

Greece

MBS visits Europe

Saudi Crown Prince Mohammed bin Salman is in Athens on his first European Union trip since the 2018 killing of Saudi journalist Jamal Khashoggi

Europe News

Energy ministers reach deal on EU-wide gas reduction plan

Member states rushed to secure exemptions to the target to reflect national circumstances, like LNG availability.

Europe News

'A total mess': Opposition mounts against the EU's gas reduction plan

Southern countries argue the European Commission's proposed plan is disproportionate and unfair.

Tech News

Tesla profits jump and Elon Musk is confident amid global economy woes

Musk dismissed the idea that global economic problems were hurting interest in Tesla, despite vehicle prices' rising to what he called "embarrassing levels".

Europe News

EU pushes back against claims Russian oil ban is hiking prices

The EU ban will not be completed until the end of the year, so its economic effects are still unclear.

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