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Economy

French inflation rises on higher energy prices

French inflation inched up in December, supported by higher energy and services prices

Europe News

EU extends price cap on gas until January 2025

Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025.

Markets

Gazprom hits gold in the North Sea prompting stronger sanction calls

The majority state-owned Russian oil company has clocked in millions worth of profits in the last year across Dutch and UK oil fields.

Green News

US gas imports set to spike amid Russia sanctions, new facilities

Former Energy Commissioner touts growing US role as energy supplier to EU

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Euronews Witness

Will North Macedonia be able to quit coal?

North Macedonia is bathed in sunlight, so, phasing out coal should be easy. But because of the energy crisis, the exact opposite is currently happening: ancient coal-fired power plants are blowing huge amounts of toxic emissions into the air and new lignite mines are even being opened up.

Partner content

Decade of action: Panasonic Energy to quadruple production levels and halve its carbon footprint

Partner content presented by Panasonic

Panasonic Energy, a global leader in battery vehicle technology, is on track to quadruple current production levels of its high-capacity lithium-ion batteries by 2031 as the demand for battery electric vehicles (EVs) soars in markets around the world.

Green News

Member states set to dilute proposal for single hydrogen entity

Some countries back independent authority to coordinate planning, development and operation of new hydrogen infrastructure; others want restructured European gas operators’ network to take helm.

Eco-Innovation

India builds huge renewable energy park in earthquake-prone marshland

India is building the world's largest renewable energy park. Why are environmentalists concerned?

Economy

EU urges France, Germany to slash energy crisis spending

A European Commission report spells the return of belt-tightening after years of crisis-driven largesse

Markets

How could Iranian drones potentially threaten European oil?

Iran has recently equipped its Revolutionary Guard’s navy with drones to increase surveillance in the Strait of Hormuz as the country continues to export drones to Russia.

Economy

Using energy at the right time can save Europe €10.5 billion a year

You could save 7% on your electricity bill by 2030 - and 10% by 2050 - in the EU and the UK if you tweak your consumption habits, according to a new study. Here’s how to get there.

Europe News

Brussels prolongs subsidies for struggling EU firms until June 2024

The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by persistently high energy prices.

Economy

German producer price index slides for fourth consecutive month

The German producer price index slides for fourth month in a row on the back of shrinking energy and metal prices.

Business

Fortune 500 Europe: Which company is the biggest on the continent?

Energy companies are sitting on top of the newly published Fortune 500 Europe list.

Markets

The EU may be competing with China for gas this winter

Experts are predicting a mild upcoming winter in Europe, but EU states could still face shortages of liquified gas if competitor demand rises.

Business

Energy crisis: Who has the priciest electricity and gas in Europe?

The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023.

United Kingdom

As cold weather looms, concerns grow again about energy bills

Around 40% of Brits are keeping their heating off, as NGOs issue stark warnings of a coming crisis.

Tech News

Demand for AI could see the tech consume as much energy as Ireland

An academic has crunched the numbers to show how the energy demands of artificial intelligence (AI) could be equivalent to those of an entire country.

Business

Exxon in advanced talks for $60 billion acquisition of Pioneer

Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources. With this deal, the American oil and gas producer would be valued at about $60 billion (€57 billion), as reported by Reuters.

Europe News

EU 'willing to consider' subsidies for nuclear reactors: von der Leyen

Ursula von der Leyen has welcomed the idea of industrial subsidies in the field of nuclear energy, a highly divisive topic in the European Union.

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