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Green News

UK blames Brussels as it pulls out of Energy Charter Treaty

The UK government has announced its withdrawal from the Energy Charter Treaty, blaming EU infighting for scuppering efforts to reform the post-Cold War treaty that was intended to protect investments in petroleum-rich post-Soviet states, but has mainly been used to sue western European governments.

Markets

Lower oil and gas prices hit Eni's earnings in the fourth quarter

Shares in Italy's Eni SpA fell on Friday after the company published its latest financial results.

Europe News

Putin 'really pushed' the EU's green transition, says von der Leyen

Vladimir Putin's "blackmail" attempts only served to speed up the European Union's green transition, Ursula von der Leyen said on Tuesday.

Green News

Institutions bungled science in maritime ban, claim ethanol producers

Biofuels producers accuse EU co-legislators of discrimination in using crop-based biofuels.

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Economy

Euroviews. This is what US President Biden's LNG freeze might mean for Europe

Europe's reliance on Russian gas was challenged in the aftermath of Moscow's full-scale invasion of Ukraine. Afterwards, the continent turned to the US as it became the largest supplier of LNG, Osama Rizvi writes.

Economy

What's in store for LNG and Europe in 2024?

The story of liquified natural gas (LNG) — natural gas cooled down to liquid form for ease and safety of non-pressurised storage or transport — is getting interesting as it increases its share in the global primary energy mix, Osama Rizvi writes.

Markets

Markets’ Week Ahead: European stocks up ahead of ECB rate decision

European shares climbed up as investors expect the ECB to keep rates steady at its monetary policy meeting this week.

Economy

Europe is where we see more 'sluggish growth', says KPMG

High inflation and unemployment could leave the continent lagging behind other major economies in 2024, according to global accounting firm KPMG.

Economy

What are Europe's most concentrated industry sectors?

The concentration data is new and experimental but is useful for gaining a better understanding of how much production in an industry or the entire economy is controlled by a small number of large firms, according to Eurostat.

Economy

US inflation rises to 3.4% in December on energy prices

US year-on-year inflation numbers for December 2023 came in higher-than-expected following energy prices falling at a lower rate

Green News

Deadlock as member states disagree over withdrawal from Energy Charter

Decision on whether to part from treaty remains in limbo, with some EU countries wanting to stay and others having already departed.

Economy

Italian inflation declines while consumer prices surge by 0.2%

Euronews Business breaks down the newest data about Italy's yearly inflation rate, consumer prices, and the factors behind these changes

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

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?

Explore the latest developments in the energy sector, from renewable sources to fossil fuels. Stay informed on innovations, policies, and global impacts shaping the future of energy production and consumption.