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Earth News

EU agrees to push for the global phaseout of fossil fuels

The EU has laid out its climate and energy priorities ahead of COP28 in November.

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.

Europe News

Gas consumption in the EU drops by almost 20%, overshooting target

The EU argues gas savings are the most powerful tool to mitigate the worst effects from the ongoing energy crisis.

Earth News

Renewable energy to become world's top source of electricity by 2025

Renewables will ‘dominate’ surge in electricity demand over next two years, data show.

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Earth News

Exxon reports record profits while suing EU for 2.3% windfall tax

40 per cent of Exxon's record-breaking profits went to new oil and gas and 5 per cent to ‘low-carbon’ initiatives.

Earth News

Energy crisis: BP scales back oil and gas demand forecasts

In its annual energy outlook, energy giant BP has lowered its predictions for how much oil and gas will be used between now and 2035.

Latvia

Gas pipeline explosion in Lithuania being investigated

An explosion in a gas pipeline in central Lithuania sent flames fifty metres into the air on Friday and forced the evacuation of a nearby village

Europe News

Europe's gas prices reach pre-war levels amid unusually warm weather

Balmy temperatures have tamed consumer demand and avoided the need to tap into underground gas storage.

Finland

Finland opens floating LNG terminal to replace Russian gas

Like many countries in Europe, Finland is looking to liquified natural gas to replace the main pipeline gas it used to receive from Russia.

Brussels, My Love?

Brussels, my love? Gas price cap, and corruption scandal

Tune in to understand the ins and outs of European politics.

My Europe Series

State of the Union: What were the top stories in the EU this week?

Gas price caps that not everyone agrees on, rising food prices in Belgium, and a lingering MEP scandal: here's what happened this week.

Russia

Mysterious explosion hits Russian gas pipeline supplying Europe

A blast that ripped through a section of the Urengoy-Pomary-Uzhhorod pipeline has killed three people. The incident occurred in the region of Chuvashia, 700 km east of Moscow, on a pipeline carrying Siberian natural gas towards European markets.

Europe News

EU gas use dropped by 20% but some nations failed to reach key target

EU gas consumption dropped by 20% before winter as most countries reach voluntary target

Europe News

EU green lights first-ever cap for gas prices

The EU's goal is to prevent the record-breaking surge in prices experienced over the summer as countries rushed to fill up storage ahead of winter.

Germany

Germany's plan to wean off Russian gas

Germany has opened its first LNG plant as part of a greater plan to avoid an energy crunch

Spain

Calls for flexible gas price cap at EU-Med9 summit

Leaders and representatives from nine Mediterranean and Southern European countries on Friday called on the European Union to come up with a more flexible gas price cap initiative than the recently proposed cap of €220 per megawatt hour,

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.

Home

Europe’s energy crisis is boosting green hydrogen. Is it the future?

The challenge of making hydrogen using only clean energies has long been to get the costs down to compete with fossil-based hydrogen. Then came the Ukraine war.

Economy

Brussels unveils first-ever EU cap on gas prices but as 'last resort'

After months of political pressure, the European Commission has presented a formal proposal to prevent high gas prices.

Economy

Rising production costs puts the squeeze on Europe's bakers

Whether it's the local family bakery around the corner or the huge industrial-scale bakeries, skyrocketing bills are an existential threat. Euronews speaks to bakers in the Netherlands, Romania, and Italy to find out more.

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