Hellenic Petroleum HELLENiQ Energy sustainability

Hellenic Petroleum becomes HELLENiQ Energy to move into sustainability era

21 September 2022 - Hellenic Petroleum changed its name to HELLENiQ Energy, saying it wants to leave behind a legacy structure and clear the way for renewables

EU-cap-revenue-low-cost-electricity-producers-EUR-180-per-MWh

EU to cap revenue for electricity producers at EUR 180 per MWh

14 September 2022 - Ursula von der Leyen presented measures to bring down power prices including and decouple the dominant influence of gas in the sector

Big Oil companies with greenwashing PR represent as environmentally responsible

Big Oil’s climate PR strategy is greenwashing, study finds

10 September 2022 - The new Influence Map report shows that the five largest oil companies continue to disseminate...

russia putin sanctions eu natural gas resseling china

While Kremlin vows to restore gas supply if sanctions are scrapped, energy traders are reaping record profits

09 September 2022 - The severe dispute between Russia and the West, as always in similar situations, is being used by other countries

Subsidies for fossil fuels doubled in 2021 and continue to increase

Subsidies for fossil fuels doubled in 2021 and continue to increase

05 September 2022 - Support for fossil fuels doubled in 2021 compared to the year before to nearly USD 700 billion, slowing progress toward climate goals

carbon capture storage projects The Carbon Capture Crux

IEEFA: Relying on carbon capture in fossil fuel sector will not work

01 September 2022 - The Carbon Capture Crux – Lessons Learned studies 13 flagship large-scale carbon capture and storage (CCS)/carbon capture utilization and storage (CCUS) projects

Energy crisis reality check – petroleum companies make huge profits while others face growing uncertainty

08 August 2022 - Oil companies reported huge profits, and UN Secretary-General Antonio Guterres described such high earnings as "immoral"

Austria ban gas boilers new buildings next year

Austria to ban gas boilers in new buildings in 2023

15 June 2022 - Austria is phasing out fossil fuels in heating, starting with a ban on the installation of gas boilers in new buildings from next year

climate law

First Greek climate law sets deadlines for ban on conventional vehicles

27 May 2022 - Greece's parliament passed the first climate law with more flexible requirements than in the original proposal

EU plan cut demand Russian gas two thirds 2022

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

double exposure wind turbine and oil refinery investment stock graph concept.

Electricity prices hit record high on SEEPEX – EUR 540 per MWh

07 March 2022 - Brent oil hit USD 139.13 dollars per barrel, the highest since 2008, while Dutch TTF natural gas reached an all-time intraday record of EUR 345 per MWh

Energy firms sue four EU countries disrupting fossil fuel

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

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