Sunday, 11 May 2025

Europe

Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer/ File photo
BusinessNatural GasNewsOil

Wintershall Dea management board to step down after Harbour Energy deal closed

Wintershall Dea says its current management board will step down after the transfer of its non-Russian oil and gas assets to Britain's Harbour...

NewsPoliticsRegulations

EU Parliament backs clampdown on single-use plastic packaging

European Parliament approves law that bans mini shampoo bottles, shopping bags and condiment wrappers in drive to cut down on plastic waste.

A parliament vote in Strasbourg saw 560 lawmakers back withdrawal, with 43  against and 27 abstaining (AFP)
NewsPolitics

EU lawmakers agree to exit energy treaty over climate fears

Continued membership of 1994 energy treaty rejected by Parliament as being "no longer compatible" with EU's plans for climate action.

FILE PHOTO: A view from the AirParif Generali balloon shows the Eiffel Tower through a small-particle haze as air pollution levels rise in Paris, France, January 23, 2017. REUTERS/Philippe Wojazer/File Photo
ClimateEmissionsLegislationNewsPoliticsRegulations

EU Parliament adopts new rules to improve air quality by 2030

BRUSSELS – The European Parliament adopted stricter legally-binding air pollution limits on Wednesday that must be complied with by 2030. Why it’s important...

FILE PHOTO: A Polestar logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File photo
BusinessElectric Vehicles (EVs)NewsTrade

Polestar may use US plant to sell cars to Europe as EU-China tension rises

South Carolina factory could produce Polestar's Europe-bound EVs, says CEO, in a bid to avoid political controversy over Chinese production.

FILE PHOTO: Ithaca Energy logo is seen in this Illustration taken, October 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOil

Oil and gas producer Ithaca Energy to buy Eni’s UK assets for about $940 million

Eni, Italy's biggest energy company, had given North Sea oil and gas producer Ithaca Energy a four-week exclusivity period to make an offer...

A view shows a local oil refinery in Omsk, Russia June 6, 2022. REUTERS/Alexey Malgavko/File Photo
BusinessEconomyNatural GasNewsOilPolitics

Russia cuts crude oil export price forecast to $65 per barrel in 2024-27

The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per...

FILE PHOTO: The sun sets behind Brandenburg Gate and its columns, that were painted in a protest campaign by Last Generation ("Letzte Generation") climate activists in Berlin, Germany, September 26, 2023. REUTERS/Lisi Niesner/File Photo
ClimateCourtsNewsPolitics

German climate activists sentenced for spraying paint on Brandenburg Gate

The activists were supporters of the "Last Generation" climate activists group, which had made headlines in Germany with hundreds of road blocks by...

AnalysisEconomyIn-DepthLiquefied Natural GasNatural GasOilPoliticsTradeWeather

Europe’s ability to survive a cold winter hasn’t been tested, energy execs say

AMSTERDAM – Europe has successfully survived the worst energy crisis in decades thanks to demand reduction and a couple of mild winters, but...

FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelInfrastructureNatural GasNewsOilTradeTransmission

Gazprom says more work underway to link Russia’s eastern, western gas grids

Kremlin-controlled energy giant Gazprom says work is underway on further links between its east and western pipeline networks.