Thursday, 17 July 2025

Europe

FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022.  Danish Defence Command/Handout via REUTERS/File Photo
FuelNatural GasNewsPolitics

Kremlin says Germany is right to investigate Nord Stream blasts

Russia approves as Oalf Scholz announces thorough investigation into Nord Stream explosion.

Heriott-Watt University’s Dr Oleg Ishkov with PhD student Alsu Valiakhmetova (Tanya Jay/PA)
EmissionsEnvironmentNews

Researchers aim to seal 100,000 methane wells in next decade to curb emissions

Technology experts have revealed plans to help seal 100,000 methane-leaking wells in the next decade, which could prevent millions of tonnes of greenhouse...

A Renault logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Renault CEO says sector could face billions in fines as EV sales slow

Europe's auto industry could face fines of 15bn euros for carbon emission due to slowing demand for EVs, Renault CEO Luca de Meo...

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves Herman/File Photo
AviationEconomyFuelNewsOilPoliticsSustainable Aviation Fuel

EU countries mull 20-year tax holiday for jet fuel, document shows

EU countries consider delaying taxes on polluting aviation fuels for 20 years, complicating climate goals for net zero by 2050.

FILE PHOTO: A vehicle drives near the Baunatal Volkswagen site, the day when Volkswagen's works council holds a regular meeting with workers in Germany to discuss matters including progress on its cost-cutting drive, in Baunatal, Germany, September 4, 2024. REUTERS/Timm Reichert/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTrade

China, price cuts and costs: The fuel driving Volkswagen’s crisis

Volkswagen warns of accelerating competition from China, cutting its cost-cutting timeline and considering plant closures.

FILE PHOTO: Volkswagen employees stand next to Volkswagen electric cars during a ceremony at German carmaker Volkswagen's first battery cell production plant 'SalzGiga' in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Volkswagen’s German battery plant to stay at half capacity

Workers fear PowerCo cutting back on production lines as parent company Volkswagen embarks on wider strategic review.

FILE PHOTO: An employee walks on top of an oil tank at a refinery in China, April 25, 2012. REUTERS/Stringer/File Photo
BusinessEmissions MarketsNewsPoliticsRegulations

Germany blocks CO2 vouchers for oil companies over China fraud fears

Suspected carbon credit fraud involving projects in China sees environmental agency rejecting vouchers for 215,000 tons of CO2.

A view of oil stain is pictured on La Restinga beach in Telde, Gran Canaria, Spain, September 5, 2024. REUTERS/Borja Suarez
BiodiversityEnvironmentNewsOilRegulationsResiliency

Fuel oil spill shuts several beaches in Spain’s Gran Canaria

An oil spill off Gran Canaria closed beaches and prompted an environmental emergency as authorities deployed resources to manage the slick.

Wind farm builders bid for so-called contracts for difference (Ben Birchall/PA)
BusinessContracts for DifferenceElectricityEmissions MarketsNewsOffshore Wind

Fact check: Major hurdle for UK offshore wind auction was changed by Conservatives

Energy Security and Net Zero Secretary Ed Miliband has claimed that “Labour came in and fixed” last year’s failed offshore wind auction.

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