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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.

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.

Ukraine

Euroviews. French energy companies have betrayed Macron’s Ukraine pledge

If democracy and sustainability are about to prevail in Europe, then governments should rein over the companies who rush for quick profit at the expense of us all, Andrii Zhupanyn writes.

World News

Euroviews. If you’re saying no to war, you have to say no to oil

Fossil fuels fund war. That might be a sentiment you’ve seen or heard before, plastered onto placards or shouted by activists. But what does it really mean, Lucy Hall writes.

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Europe News

EU weaning itself off Russian gas despite LNG imports uptick: Brussels

Fossil fuels imports from Russia have fallen dramatically, the European Commission stressed on Thursday, following reports that the bloc's purchases of Russian liquified natural gas (LNG) are up 40% compared to pre-war levels.

Europe News

EU purchases of Russian LNG up 40% compared to pre-war levels: study

The European Union vowed to drastically cut imports of gas from Moscow over its invasion of Ukraine but data shows the bloc's purchases of Russian-made liquefied natural gas (LNG) have soared.

World News

Euroviews. Divorce from Putin’s fossil fuels can't result in toxic EU-US marriage

We cannot let the continued energy crisis be used to further strip away any hope we have for stopping the worst impacts of climate change, Anusha Narayanan and Tal Harris write.

Europe Decoded

Winter is gone. But can we really say Europe's energy crisis is over?

Against all odds, Europe managed to fend off the worst-case scenario of the energy crisis, mainly thanks to savings and weather events.

Italy

Italian community angry that LNG ship will be moored near their homes

A ship that will store liquefied natural gas and convert it back into gas has prompted protests from people living near its mooring in Italy. The Italian government says LNG will enable it to replace gas supplies lost after Russia's invasion of Ukraine.

Europe News

EU moves ahead with plans to buy gas jointly and secure lower prices

The first joint purchases are expected to take place in the summer in order to fill underground gas storages.

Earth News

How has a year of war in Ukraine changed the energy used in the EU?

A huge growth in renewables, as well as gas from Norway and the US, is helping to make up for the dramatic drop in Russian energy.

Europe News

'It's a bad joke': Energy ministers blast proposed EU gas cap

The European Commission has designed a cap on gas prices with very stringent conditions and safeguards attached.

Europe News

EU gas cap will be suspended if LNG cargoes go elsewhere – EU official

The instrument will act as a "safety ceiling" to prevent excessive gas prices and curb rampant speculation.

Europe News

'Russia will lose the energy battle,' says IEA chief Fatih Birol

Europe was by far Russia's largest market and client and "Russia lost this client forever", the International Energy Agency chief said in an interview with Euronews.

Earth News

Good news for Greece as renewables fully power country for first time

Solar, wind and hydro made up almost 50% of the nation’s power mix in the eight months to August this year.

Europe News

Europe's gas prices reach three-month low as demand falls

Gas prices have fallen as the EU's gas storage facilities hit 90% of capacity.

Europe News

Von der Leyen opens the door for EU cap on gas prices but with caveats

The European Commission president proposed a cap on market transactions and another on gas used for electricity generation.

Europe Decoded

An EU cap on gas would end the market as we know it, experts warn

For elected politicians fearing popular unrest, a gas cap represents a fix worth a shot. But for energy experts, it's a leap of faith – one taken out of despair rather than conviction.

World News

Portugal and Spain back Scholz over Iberia—central Europe gas pipeline

The German chancellor said a pipeline linking the Iberian peninsula to central Europe was "sorely" lacking, as the continent seeks to wean itself off Russian gas supplies.

Europe News

Energy ministers reach deal on EU-wide gas reduction plan

Member states rushed to secure exemptions to the target to reflect national circumstances, like LNG availability.