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Turkey
Iraq wants to supply 1m oil barrels a day to Turkey amid Hormuz crisis
Iraqi Prime Minister Ali Zeydi visited Ankara for his first talks with Erdoğan since taking office, offering to supply Turkey with 1 million barrels of oil per day as Ankara seeks to reduce its dependence on disrupted Gulf routes.
Europe News
Brussels to double electrification target to cut fuel consumption
After months of speculation, the European Commission announced a 46 percent electrification target for the bloc's economy by 2040. The move is intended to cut dependencies on imported fossil fuels but critics argue that high electricity prices may complicate the EU's goals.
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Qatar
13 killed, dozens injured in Qatar's Ras Laffan energy site explosion
Qatar Energy announced on Monday afternoon that a massive accidental explosion and blaze at the country’s main energy site at Ras Laffan the night before killed 13 people and injured 66, as workers tried to resume operations. Qatar says its LNG exports are not affected.
Europe News
Nordic coalition urges EU to reject new Arctic oil and gas drilling
The appeal sent to the European Commission cites environmental concerns and security risks if the EU decides to lift the ban on oil and gas drilling in the Arctic. Instead, EU leaders are urged to focus on electrifying the economy and transport while expanding domestic clean energy production.
Europe News
Senior CDU figure Kretschmer on Ukrainian refugees and Russian gas
"We see that large parts of Ukraine are places where people can live well and safely," Saxony's premier Kretschmer (CDU) tells Euronews about refugees returning. "Our capacity to help is limited," adds the CDU vice-chair.
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.
Business
How much did electricity and gas prices go up due to the Iran war?
Household gas prices rose across EU capitals between early February and early April, reflecting the impact of Middle East tensions. However, electricity prices fell on average, highlighting diverging trends in Europe’s energy markets.
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.
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