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Europe's energy crisis

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Chevron enters Greek offshore project as Europe seeks energy security

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Europe News

EU fertiliser plan exposes link between energy and food bills

Critics argue that the European Commission's plan, framed as a rescue package for farmers squeezed by soaring energy costs, geopolitical disruption and mounting pressure on food production, falls short of providing short-term relief for consumers facing high grocery bills.

Travel News

How to avoid paying more for Middle East travel disruption

More expensive tickets, possible cancellations and last-minute changes. The conflict in the Middle East threatens to complicate summer holidays. Brussels reminds travellers of their rights and recommends checking conditions before booking to avoid overpaying.

Europe News

Meloni asks EU to treat energy crisis like defence, relax fiscal rules

Meloni calls for greater budget flexibility to tackle rising energy costs, warning Italy could exit the SAFE defence programme, in a new letter sent to the European Commission.

Earth News

Greece has abundant cheap green energy. Why are bills still high?

Solar energy producers have called for a halt to new renewable projects, as battery storage lags behind a growing oversupply.

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Economy

Two-thirds of Europe's LNG imports to come from the US this year

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Europe News

EU energy ministers to mull domestic gas drilling amid security woes

The EU Cyprus Presidency will raise the question during an informal gathering of ministers amid energy security concerns and soaring prices. Gas projects in Greece, Italy, Romania and Poland were flagged as available resources with potential for increased explorations.

Europe News

Brussels Airlines sees no flight cancellations 'for now'

The Brussels-based airline has secured 80% of its jet fuel needs until the end of the year, but it doesn't hold physically the kerosene, as the fuel was purchased earlier under the airline's hedging strategy.

Europe News

Europe’s airlines face jet fuel shift as safety concerns grow

Potential jet fuel shortages due to the war in Iran could force a shift in fuel types, raising operational and safety risks across airlines and airports.

Europe News

Brussels mulls scrapping methane fines amid energy crisis - leak

The draft text, circulated to EU member states, says penalties should not jeopardise gas or oil supplies during periods of market stress or crisis — a move likely to be seen as a concession to mounting pressure from industry and international partners.

Europe Today

More 'targeted measures' are needed to tackle high energy bills - IMF

The International Monetary Fund (IMF) said vulnerable households should be the main target of energy price relief measures and urged EU governments to guarantee that these won't do "more damage than good".

Europe Today

Short conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Europe News

Belgium reopens the nuclear door in high-stakes deal with Engie

The business venture aims to reach an agreement on the takeover of the nuclear fleet by 1 October, but it's unclear how much Belgium will pay for this nuclear renaissance.

Europe News

Croatia deepens US gas ties with Balkan pipeline push

US-backed pipeline and LNG expansion promise energy security but raise concerns over long-term fossil fuel dependence, environmental risks and tensions with EU climate and market rules.

EU.XL

Czechia: A small country with big nuclear energy ambitions

Czechia stands out in Europe for its bold pursuit of nuclear energy sovereignty and its ambition to lead in atomic power as it cuts reliance on fossil fuels.

Europe News

Brussels eases aid rules to counter Iran war fuel crisis

Brussels loosens state aid rules as Middle East turmoil drives up fuel and fertiliser costs, allowing governments to cushion farmers, hauliers and industry with emergency subsidies.

EU.XL

Europe revives renewables and nuclear to address the energy crisis

Brussels is looking for a long-term fix, putting both renewables and nuclear back on the table after the Strait of Hormuz closure sent energy bills soaring. Watch the video!