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Earth News

Bloc quits Energy Charter Treaty, leaving member states free to remain

Decision greeted as a major success for the climate but environmentalists keep urging all EU countries without exception to withdraw the treaty.

Earth News

Member states green light new rules to slash methane emissions

The potent greenhouse gas will be regulated for the first time in the EU with implications overseas.

No Comment

Labour unions protest in Nigeria over rise in electricity prices

With President Bola Tinubu’s latest measure to cut costs as the country struggles with declining revenue, electricity rates more than doubled for some consumers in April.

Business

BP's billion-dollar share buyback plan stays despite net profits fall

BP's net profit for the first quarter saw a further decline owing to weakened oil and gas prices. Despite this, the oil giant has reaffirmed its commitment to the share buyback plan of $3.5 billion in the first half of the year.

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Earth News

Clean tech sector and NGOs produce alternative election manifestos

Election manifestos are not the preserve of political parties vying for seats in the European Parliament: the run-up to the 6 June poll has seen industry lobbies, interest groups and NGOs produce wish lists of their own.

Business

Gazprom sees worst loss in decades as European exports falter

Apart from falling European exports, Gazprom has also been hit by stabilising natural gas prices following the Russia-Ukraine war.

Earth News

ROUNDUP: Key energy and environment votes in parliament

MEPs waved through a raft of energy and environment files in Strasbourg this week during the last European Parliament plenary session before elections in June.

Earth News

How green are parties' manifestos vying in the European election?

Some political forces present concrete pledges while others offer general commitments to preserve the environment, keep up with the energy transition and tackle chemical and plastic pollution.

Netherlands

Netherlands officially stops drilling at Groningen's giant gas field

A symbolic ceremony was held on Friday to mark the end of drilling which has increased the seismic risk in the region since it started in the 1960s.

Earth News

Watchdog urges caution on reducing Russian LNG imports to the bloc

Drop in domestic production and long-term contracts highlight the importance of keeping Russian gas, EU energy agency warns.

Business

How can businesses spend smarter in the new tax year?

Forward-thinking businesses can leverage a variety of artificial intelligence tools in the new tax year to save costs, as well as make more provisions for unexpected expenses.

Europe News

Exclusive: Letta to call for European industrial strategy

The former Italian PM’s report, part of which has been seen by Euronews, calls for stronger rules to unify telecoms, energy and financial markets and a new European business code.

Business

UAE state oil company has BP in sights as potential takeover target

Adnoc’s takeover bid for BP is the latest in a string of acquisition bids for energy companies, such as ExxonMobil's agreement to purchase Hess Corporation.

Earth News

Lawmakers ditch life-cycle approach to transport emission tally

MEPs, industry and clean transport campaign group at odds over the inclusion of a life-cycle methodology.

Tech News

Korea’s ‘artificial sun’ sets new record in nuclear fusion research

Korea’s ‘artificial sun’, KSTAR, recorded a plasma operation with a temperature of 100 million degrees Celsius for 48 seconds, a new step in nuclear fusion research.

Ukraine

Blinken bolsters Ukraine: 'Absolutely essential' to send weapons

The US Secretary of State Antony Blinken said it was "absolutely essential" to send weapons to Ukraine on a trip to an arms factory in France.

Earth News

Nuclear power: Why is it such a divisive issue in Europe?

As 30 global leaders and delegations meet in Brussels to promote nuclear energy, the role of nuclear power continues to divide Europe.

Economy

Energy prices push Spanish inflation higher: Cause for ECB concern?

Year-on-year inflation, as measured by the Consumer Price Index (CPI), increased by 3.2% in March, while core inflation, which excludes energy and unprocessed food, fell to 3.3% in Spain.

Earth News

Eleven pro-nuclear EU states back declaration at landmark conference

Advocates hailed nuclear power as an enabler of energy security and sovereignty and a reliable option to mitigate climate change.

Business

Czech power company profit reached €1.17 billion in 2023

CEZ said the profit exceeded its initial goal due to additional gains from commodity trading and reliable nuclear power plant production.