gas
EU’s push for Persian Gulf LNG set to worsen energy price inflation
22 March 2022 - The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
EU rolls out plan to cut demand for Russian gas by two thirds in 2022
08 March 2022 - The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas
Timmermans: EU countries can delay coal phaseout to avoid Russian gas
07 March 2022 - A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says
EU accelerating push to reduce dependence on Russian gas
04 March 2022 - Experts say urgent measures can slash the need for gas in the EU as the European Commission is pushing for a reduction in reliance on Russian gas
Romania to extend energy price cap until March 2023, proposes bank loan moratorium
02 March 2022 - The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms
Energy firms sue four EU countries for disrupting their fossil fuel projects
23 February 2022 - Five energy companies including RWE seek almost EUR 3.7 billion in damages from the Netherlands, Italy, Poland and Slovenia
OCI: Norway is pursuing an aggressive policy of expanding its oil and gas industries
11 February 2022 - According to Oil Change International (OCI), Norway is pursuing an oil and gas expansion policy and it has awarded 700 exploration permits in the past ten years, while the UK announced it would start exploitation at six fields in the North Sea this year
No oil, gas in first offshore test hole in Montenegro but more drilling ahead
04 February 2022 - Eni and Novatek found no oil or gas after test drilling in the Adriatic Sea offshore Montenegro, so environmentalists are relieved – for now
European carbon emission prices hit record highs, nearing EUR 100 per ton
03 February 2022 - The cost of a ton of CO2 within the EU ETS reached an all-time high of just below EUR 95 as the market is bracing for a rally to EUR 100.
EU endorses gas, nuclear energy amid opposition among member states
06 January 2022 - The European Commission has decided to include nuclear energy and gas in its sustainable finance taxonomy
Power prices reach stunning EUR 400 per MWh in Europe
20 December 2021 - Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France
New York is banning the use of natural gas in new buildings
18 December 2021 - After several other cities in the United States, the City Council of New York passed...
Bitola in North Macedonia to get district heating from coal power plant
08 December 2021 - The construction of a district heating pipeline from REK Bitola has begun, almost forty years after the thermal power plant was built
GEK Terna to raise EUR 300 million via green bonds with obligation to cut emissions
06 December 2021 - Greek construction and energy giant GEK Terna is preparing to sell common sustainability-linked bonds with a target of EUR 300 million
European Commission’s new PCI list: what’s happening in Balkans?
24 November 2021 - The European Commission has announced the fifth PCI list. Here is an overview of projects in the Balkans region.
Greece to ban sale of new gasoline, diesel cars in 2030
09 November 2021 - Greece's draft Climate Law envisages a ban on the sale of new cars with internal combustion in 2030, five years earlier than the EU's target