Europe
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
Portugal advances offshore wind plans with a 10 GW goal, approving four ocean zones for upcoming renewable energy auctions.
At aviation meeting, ESG takes backseat to jet shortages
Dublin's air finance summit sidestepped sustainability amid parts shortages, stoking fears of “ESG fatigue” in aviation.
Slovak entrepreneur funding rescue of German flying taxi startup Lilium
A Slovak entrepreneur is providing most of the funds to rescue flying taxi startup Lilium that came close to collapse last month.
Austrian far right, conservatives plan cuts to climate measures
The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.
EU not ready to enforce pollution rules, airlines say
Airlines urge EU to delay pollution rules, citing lack of NEATS system for emissions tracking, risking compliance issues.
Polestar expects delayed profitability as EV demand weakens, competition intensifies
The company has struggled to scale amid weakening EV demand and intensifying competition from legacy manufacturers.
Renault 2024 sales volumes grow 1.3%, helped by hybrids
Almost 20% of Renault's sales this year will need to be electric vehicles to comply with EU emissions targets.
Chipmaker NXP gets 1 billion euro loan from EIB for European projects
NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.
Russian oil products trapped at sea by US sanctions, LSEG data shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday.
Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal
In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.
