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Economy

Who pays the most and least for electricity and gas across Europe?

Residential end-user electricity and gas prices vary widely across European capitals. When adjusted for PPS, country rankings shift significantly.

Markets

European gas prices spike to 2-year highs as storage levels falter

European gas prices have surged 30% in the past month as colder weather, weak renewables, and supply concerns strain storage levels, now at their lowest since 2022. With refilling costs rising, Germany is weighing subsidies, while markets watch for potential Russian gas flows.

Europe News

Kyiv says it can supply Moldova with coal to power Transnistria

Zelenskyy said last year he had no intention of renewing the gas transit deal, stressing the importance for Europe of moving on from Russia and not allowing the Kremlin to ‘earn additional billions’ on Ukrainian blood.

Europe News

'Playing with fire': Orbán's veto threat puts Brussels on edge

With a key deadline set to expire next week, Viktor Orbán and his deputies have raised the spectre of vetoing EU sanctions against Russia, a move which would upend the bloc's foreign policy.

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Europe News

Exclusive: EU considers lifting oil, gas, transport sanctions on Syria

European countries have been grappling with how to handle new regime following downfall of Bashar al-Assad, with a timeline for lifting sanctions moving onto the agenda.

Europe in Motion

How are EU gas reserves holding up?

Despite reassurance from the European Commission regarding gas supply security, EU stockpiles hold 16% of gas less as compared to the beginning of 2023. Only Portugal has a gas storage volume exceeding 100%.

Europe News

Zelenskyy challenges Fico to resolve gas dispute — in Kyiv

The leaders of Ukraine and Slovakia are locked in a spiralling dispute over supplies of Russian gas, and can't even agree on a location to hold further talks.

Europe News

Slovakia ramps up anti-Zelenskyy rhetoric amid gas transit spat

Slovakia's prime minister claims Ukraine is jeopardising Europe's global competitiveness by refusing to allow Russia to export gas into the EU over its territory.

Green News

UK scraps plans to ban sale of gas boilers by 2035

The UK is lagging behind the rest of Europe with around two heat pumps per 1000 households.

Green News

US offshore drilling ban: Can this 'epic ocean victory' survive Trump?

Days before leaving office, Biden has made a move that environmental groups are “thrilled and thankful’’ for.

Europe News

Moldova accuses Russia of provoking crisis in Transnistria

On the first day of the new year, gas supplies from Russia to Moldova's pro-Russian separatist territory were halted. For Moldova's Prime Minister Dorin Recean, the Kremlin is targeting Chisinau.

Europe News

Slovak PM says end of Russian gas deal will hurt EU rather than Moscow

Slovakia's Kremlin-friendly PM Robert Fico said the termination of the gas transit deal between Kyiv and Moscow would have a "drastic impact" on the EU.

Europe News

Moscow to end gas exports to Europe via Kyiv as transit deal expires

Russia begins scaling-down gas supply to Europe via Ukraine as a five-year pre-war deal expires on New Year’s Day.

Europe News

'Absurd': Fico escalates dispute with Zelenskyy over Russian gas

Russian gas has pitted Slovakia's Robert Fico against Ukraine's Volodymyr Zelenskyy, with the European Commission caught in between.

Europe News

Ukraine will no longer allow transit of Russian gas, Zelenskyy says

Volodymyr Zelenskyy has ruled out the possibility of allowing the transit of Russian-made gas under the label of Azerbaijan.

Europe News

Vučić: US to sanction Serbia's oil company due to Russian ownership

Gazprom and its subsidiary Gazprom Neft own 6.15% and 50% of NIS respectively, with the remainder of the shares belonging to the government and other smaller shareholders.

Eco-Innovation

How do heat pumps work? 5 common myths debunked

Around 24 million heat pumps have been installed in Europe so far - here’s why they work well in different countries and conditions.

Azerbaijan

Al Gore calls for reform of COP climate process

Former US vice-president now climate campaigner Al Gore said it is 'absurd' that the presidency of the UN climate talks is being repeatedly handed to petrostates, in an exclusive interview with Euronews.

Climate

Gas cookers are killing 40,000 Europeans a year, scientists warn

It is the first time that researchers have been able to accurately estimate premature deaths from gas cooker pollution.

Europe News

COP29: MEPs tough on climate finance, vague on fossil fuel phase-out

A cross-party compromise saw MEPs agree weak wording on the future of coal, oil and gas, but strong support for getting major polluters like China to contribute to a global support scheme for poorer nations, and sharp criticism of the choice of Azerbaijan as host country.