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Economy

Electricity and gas prices across Europe: The most expensive countries

Electricity and natural gas prices for households have diverged sharply across Europe in 2025, with some countries facing bills several times higher than others, according to new Eurostat data.

USA

Orbán says Trump will not sanction Hungary for Russian energy imports

The Hungarian leader said he has managed to convince US President Donald Trump to grant his country a full exemption from sanctions for the purchase of Russian energy, after detailing to him the dire consequences it would have on the Hungarian people.

Economy

Germany's heating bills have tripled since start of war in Ukraine

Germany has faced a significant increase in heating costs since 2021, after deciding to end its reliance on Russia as a key energy supplier over its full-scale invasion of Ukraine.

Germany

Germany's energy transition: Are costs spiralling out of control?

Germany's municipal authorities are making preparations to phase out gas for central heating. At the same time, the Federal Ministry of Economics wants to rely on gas more to generate electricity and is asking the EU for subsidies to do so.

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Markets

Qatar and US warn EU law may threaten energy security in Doha talks

Both countries called on the EU to either repeal the law entirely or remove its most economically damaging provisions, specifically citing articles on extraterritorial application and transition plans.

Europe News

European imports of Russian shipped gas send €8.10bn to Moscow’s coffers – report

Belgium, France and Spain were the main LNG importing countries from 2022 to June 2025, according to a new Greenpeace study.

Europe News

Austria’s push to scrap nuclear from taxonomy snubbed by EU court

The lawsuit was filed against the EU executive in October 2022.

Business

Israel to finalise 'largest' gas supply deal in its history to Egypt

After two years of delays, the Israeli government is expected to finalise the deal with Egypt in the next two weeks, involving exports from Leviathan, Israel's largest gas field.

World News

Kilis-Aleppo natural gas pipeline opened: Gas flow to Syria started

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar called on European countries to support infrastructure projects for the return of Syrians in Europe. Turkey, Qatar, Azerbaijan and Syria are supporting a project that will provide electricity to 5 million households in Aleppo.

Europe News

Poland discovers one of Europe's largest oil deposits in a decade

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the broader concession potentially containing even more.

Business

New gas discovery off Cyprus coast may reduce EU energy dependence

ExxonMobil and its partner, Qatar Energy, have discovered a new natural gas deposit off the coast of Cyprus, a find that bolsters the region's potential as an energy exporter.

Economy

Energy bills across Europe: What share of the cost is made up of tax?

European countries apply different tax policies to consumer energy prices. This leads to significant differences in the share of energy taxes and VAT in electricity and gas bills.

Europeans' Stories

Climate killer methane: On the hunt for natural gas leaks with Theo

I'm travelling in Croatia, looking for leaks in the natural gas network from which methane is escaping, one of the most dangerous climate killers of all. The European Union wants to reduce emissions.

Earth News

What is stalling Europe's transition to renewable electricity?

Over 1,700 gigawatts of renewable energy projects across 16 countries are stuck in the queue to be connected to the electricity grid.

Climate

Europe cuts methane emissions from coal mines for the first time

Most of the methane emissions from fossil fuels used in Europe are tied to imports, the report also finds.

Business

BP sees major downturn as gas trading and refining divisions lag

BP's CEO has reassured investors that BP will be watching market volatility and will be focusing on strengthening its balance sheet to improve shareholder value in the long-run.

Earth News

‘Doublespeak’: Greece greenlights offshore drilling beside marine park

Environmental lawyers say that the new concessions threaten endangered species in the biodiversity-rich Hellenic Trench.

Ecotech

Could cleaner stoves replace ‘leaky’ gas stoves in our kitchens?

Simple plug-in electric stoves could be a cleaner and more climate-friendly cooking solution.

Europe News

Is Trump elbowing the EU aside as he grabs Ukraine’s mineral wealth?

Kyiv signed a raw materials deal with the EU just months before Russia invaded three years ago – but now the US is making access to the same mineral resources a condition for continued support to the battle-weary nation.

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%.

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