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REPowerEU strives to end dependence on Russian energy, tackle climate crisis
Responding to the hardships and global energy market disruption caused by Russia's invasion of Ukraine, the European Commission presented on May 18 the REPowerEU...
Energy
EU backs industry commitment to boost by tenfold electrolyser manufacturing capacities
EU Internal Market Commissioner Thierry Breton and 20 European electrolyser manufacturers have signed a Joint Declaration in Brussels whereby industry committed to a tenfold...
Energy
Citing force majeure from Russia’s invasion, Ukraine turns off gas flow
Ukraine stopped the flow of Russian natural gas to Europe on May 11 through the cross-border Sokhranivka station, blaming Russian-backed separatists of siphoning supplies.Gas...
Energy
Central Asian countries boost green energy transition
TASHKENT, Uzbekistan – Kazakhstan’s government has set an ambitious goal of reaching net-zero emission by 2060, planning to gradually reduce its reliance on coal,...
Energy
Breaking contract, Russia turns off gas for Bulgaria, Poland
Russian gas monopoly Gazprom said on April 27 Gazprom Export has fully halted gas supplies to Bulgaria’s Bulgargaz and Poland’s PGNiG until the payments...
Energy
Turning off Russian gas, Greece-Cyprus-Israel think electric too
The Energy Ministers of Israel, Greece and Cyprus discussed in a tripartite meeting in Jerusalem on April 11 the effects of Russia’s invasion in...
Energy
Uzbekistan is a solid energy partner
On the sidelines of the first Tashkent International Investment Forum, NE Global sat down with the First Deputy Minister for Energy Azim Akhmedkhadjayev to...
Energy
For now, Slovakia sees NATO, not EU forces, Russian firewall
Slovakia favors the European Union’s collective military aspirations, but NATO has become even more important in guaranteeing the bloc’s security, Slovakia’s Foreign Minister Ivan...
Energy
After Ukraine invasion, Germany saying nyet to Russian energy
Russia’s invasion of Ukraine has put politics in the forefront in the pragmatic energy relationship between Germany and Russia, Munich Security Conference Vice President...
Economy & Business
Sanctions expand as Russia approaches major default
No American President ever travels to Europe without a bag full of so-called “deliverables” and US President Joe Biden duly arrived in Brussels last...
Global Energy Insider
Countering loss of Russian oil over penalties, US opens reserve pump
After consultation with allies and partners, US President Joe Biden announced on March 31 the largest release of oil reserves in history, putting one...
Poland
Polish aid for expansion of LG Chem’s electric vehicles battery plant gets EU nod
Poland's €95 million measure in favour of LG Chem Group is in line with EU State aid rules, the European Commission competition chief on...
Albania
TAP pipeline transports first 10 bcm of Azeri natural gas to Europe
The Trans Adriatic Pipeline AG has announced that a total of 10 billion cubic meters (bcm) of natural gas from Azerbaijan has now entered...
Energy
Russia’s invasion of Ukraine boosts East Med region role in EU energy security
In light of Russia’s invasion of Ukraine and EU’s renewed effort to cut reliance on Russia, the East Mediterranean could play an increased role...
Energy
Ukraine, Moldova accelerate synchronization of power systems
Following an urgent request by Ukrenergo and Moldova for emergency synchronisation, the TSOs of Continental Europe agreed to start on March 16 the trial...
Energy
MEPs want more environmental and social ambition for batteries
The European Parliament is ready to negotiate with EU governments on the final shape of the new rules governing the entire battery product life...
Economy & Business
Russia sanctions – Now comes the hard part
As Russia’s invasion of Ukraine moves into the third week, a broad network of financial, travel and trade sanctions has been established in fairly...
Bulgaria
Bulgaria to accelerate green energy transition
Akuo has announced that it has successfully secured the refinancing of a portfolio of five operational hydroelectric power plants in Bulgaria with a capacity...
Energy
EBRD inks MoU with Egypt to guide national hydrogen strategy
The European Bank for Reconstruction and Development (EBRD) signed on March 7 a memorandum of understanding (MoU) with Egypt’s Ministry of Electricity and Renewable...
Energy
Seeing red, EU wants U-turn from Russian energy reliance
Considering Russia's invasion of Ukraine, the European Commission on March 8 proposed an outline of a plan to make Europe independent from Russian fossil...
Energy
Poland to construct new wind farm at Zelechowo
Poland plans to develop, construct and operate a new 56MW wind farm at Zelechowo in Poland with the support from a loan of PLN...
Energy
Italy’s ENI inaugurates its second wind farm in Kazakhstan
Italian energy major ENI, through its local renewable subsidiary Arm Wind LLP, inaugurated on March 2 the Badamsha 2 Wind Farm located in the...
Economy & Business
The economic bearpit – When “over there” becomes “over here”
An apology – with a ghastly diet of death, destruction and depravity currently raging around us, it may seem callous to examine the economic...
Energy
There will be oil: US, IEA counter Putin’s war
The United States and the other 30 member countries of the International Energy Agency agreed on March 1 to release 60 million barrels of...
Energy
How more sustainable ECB policies help fighting climate change and inflation
In the last months, inflation has risen sharply with price increases among many sectors. Business and citizens have been used to low inflation rates...
Global Energy Insider
After Russian hammer in Ukraine, sanctions talk brings sickle to oil prices
Oil prices slipped on February 25 after sharp rises early in the session as traders were concerned that sanctions against Moscow following Russia’s invasion...
Energy
EU advances sustainable transport, energy and climate connectivity in Western Balkans
The European Commission unveiled on February 25 a substantial €3.2 billion investment package to support 21 transport, digital, climate and energy connectivity projects in...
Energy
Kazakhstan to enhance foreign investment
Kazakhstan’s open-door policy to foreign investment remains the Central Asian republic’s strategic priority, President Kassym-Jomart Tokayev told the Foreign Investor Council’s Meeting on February...
Energy
EU-Norway to enhance climate, energy cooperation
A delegation of the Norwegian government led by Prime Minister Jonas Gahr Store with European Commission President President Ursula von der Leyen and with...
Energy
First publicly tendered wind project breaks ground in Karakalpakstan, Uzbekistan
Uzbekistan’s Energy Ministry announced on February 24 an important development at its 100 MW Nukus wind project, in conjunction with its operational partner -...
Energy
New European Battery Academy to boost skills for fast-growing battery ecosystem
Despite the pandemic and significant supply disruptions, the European Union has continued to make headway in establishing an innovative, sustainable and globally competitive battery...
Belgium
EU says ready for Russian energy weapon
The European Union said on February 16 the bloc is ready in case the Russian leadership decides to weaponize the energy issue.In a speech...
Energy
EU Parliament approves greener road charging rules to cut C02 emissions
Under the new rules adopted by the European Parliament on February 17, road charges for trucks will move from time-based to distance-based charging, making...
Energy
MEPs call for quick deployment of offshore renewables to meet EU emission targets
Members of the European Parliament set out their recommendations on how to deploy offshore wind energy in Europe more quickly, as a means to...
Energy
EU to support Kazakhstan’s modernization
At a meeting of Kazakhstan’s Deputy Premier and Foreign Minister Mukhtar Tileuberdi with ambassadors from EU Member States, the diplomats reiterated their interest in...
Energy
Slovenia to decarbonize steel industry
Facilitating the transition towards a low-carbon economy the European Bank for Reconstruction and Development (EBRD) is participating in Slovenian Steel Group’s (SIJ Group) €230...
Belarus
What if gas stops flowing through Ukraine?
Russia continues to keep more than 100,000 troops on its long border with Ukraine and carry out military exercises in Belarus. The US has,...
Energy
Mongolia advances renewable energy resources through a green hydrogen project
Mongolia is attractive for deploying green hydrogen production and more renewable energy projects can be developed in the Central Asian region, Elixir Energy Managing...
Energy
Despite heavy imports, France still biggest electricity exporter in Europe
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on...
Energy
MEPs want tougher EU rules for design and disposal of battery production
Members of the European Parliament said on February 11 new measures for batteries are crucial for the transition to a circular and climate-neutral economy...
Energy
EU, US discuss energy security as Russia-Ukraine tensions rise
The United States will do everything it can to help ease any disruptions to Europe’s energy supply, US Secretary of State Antony Blinken said...
Energy
Slow pump: OPEC+ will raise supply, can’t cool prices
The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group known as OPEC+, said on February 2 the ministers...
Energy
EIB finances sustainable transport, renewable energy
The European Investment Bank (EIB) - the financial arm of the EU - approved on February 2 plans to further strengthen the EIB Group’s...
Belgium
EU Commission declares gas, nuclear can be sustainable
The European Commission presented on February 2 a controversial Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and...
Energy
Sefcovic: Europe needs to mobilize financing for battery raw materials projects
Europe needs to streamline and accelerate existing permitting procedures for raw materials, while complying with the highest environmental and social standards, EU Commission Vice-President...
Energy
EU, US committed to accelerating the global transition to clean energy
The European Union and the United States are jointly committed to Europe's energy security and sustainability and to accelerating the global transition to clean...
Belgium
EU approves restructuring aid for Romania’s Complexul Energetic Oltenia
Romania's plans to grant power company Complexul Energetic Oltenia restructuring aid for up to €2.66 billion (RON 13.15 billion) is in line with EU...
Energy
Greece’s Energean sees first gas from Israel’s Karish by Q3
Energean’s floating production storage and offloading (FPSO) for the Greek company’s flagship Karish project offshore Israel is expected to be ready for sail-away by...
Energy
Kyrgyzstan, Russia’s Rosatom ink MoU on SMR nuke plant construction
Russia’s state atomic corporation Rosatom and Kyrgyzstan agreed on January 20 to cooperate on the construction of small modular reactor nuclear power plants in...
Cyprus
The Cyprus Connection: EU funds EuroAsia electric link
Planning to create well-integrated energy infrastructure networks, EU countries have agreed on a European Commission proposal to invest €1.037 billion in 5 cross-border infrastructure...
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