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Julia Payne

FILE PHOTO: High voltage power lines are seen near Strasbourg February 3, 2012. Bitterly cold weather is expected to push gas and electricity consumption to new record highs in France, France's gas and electricity grids said, as subfreezing temperatures continue to hit Europe. REUTERS/Vincent Kessler/File Photo
BusinessEconomyElectricityNewsPoliticsRegulationsUtilities

Europe’s energy taxes are worsening industry woes, power CEO says

To aid Europe's struggling industries, governments should take aim at the high energy taxes, head of Europe's electricity lobby told Reuters.

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Critical MineralsFuelMineralsNewsOil

Trafigura net profit, equity drops after Mongolia fraud

As its earnings fall, the Geneva-based firm faces possible fines as a result of a corruption trial in Switzerland.

A view shows the flag with the logo of the COP29 United Nations Climate Change Conference in front of the Baku Olympic Stadium, the venue of the summit, in Baku, Azerbaijan September 19, 2024. REUTERS/Aziz Karimov/File Photo
BusinessClimateClimate FinanceNewsPoliticsUnited Nations

EU ministers agree on COP29 negotiating position

A European Council statement says EU environment ministers agreed on a negotiating position ahead of the COP29 UN climate summit in Azerbaijan.

FILE PHOTO: Cows eat on a dairy farm in Oldetrijne, in the Dutch province of Friesland, Netherlands March 15, 2023. REUTERS/Piroschka van de Wouw/File Photo
EmissionsEnvironmentNewsPoliticsResiliency

Major gaps between EU farming incentives and Green Deal goals, ECA says

The EU's agricultural subsidies under the CAP fall short of aligning with the bloc’s climate goals, auditors find.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron/File Photo
BusinessEconomyHydrogenLegislationNewsPoliticsRegulations

EU changes hydrogen project auction rules to limit Chinese presence

The EU has updated hydrogen auction rules to limit reliance on Chinese parts, promoting local supply chains and security.

FILE PHOTO: Wind generators are seen on a farm in the countryside near the Sicilian town of Trapani, southern Italy September 29, 2009.    REUTERS/Giuseppe Piazza/File Photo
ElectricityNewsPoliticsSolarWind

EU drafts plan to avoid disputes over green energy mega-projects

Brussels is concerned that disputes over who should pay could hamper the build-out of these major new green energy hubs.

FILE PHOTO: A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settlement of Belokamenka, Murmansk region, Russia July 26, 2022.  REUTERS/Stringer//File Photo
Liquefied Natural GasNewsTrade

Europe expected to propose new sanctions on Russian LNG

EU ban on Russian oil has not yet extended to LNG, but sources say restrictions will be coming soon.

FILE PHOTO: A European Union flag flutters outside the EU Commission headquarters, in Brussels, Belgium, February 1, 2023 REUTERS/Yves Herman/File Photo
EconomyNewsOilPoliticsTrade

EU’s proposed sanctions on Russia to target oil tankers, ships moving North Korean equipment: sources

The European Commission is expected to propose sanctions on ships delivering North Korean military equipment to Russia as well as tankers that flout...

FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West/File Photo
AutomotiveBiofuelsEconomyElectric Vehicles (EVs)EmissionsHydrogenLegislationNewsPoliticsRegulations

EU’s 2050 net-zero goals at risk as EV rollout faces setbacks: external auditor

The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles remain unaffordable...

Natural GasNewsStorageTrade

EU expected to sue Germany over gas tariff, sources say

Charge was introduced after Germany bought non-Russian gas during energy crisis, but some say it flouts EU single market rules.

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