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Azerbaijan plans to supply more natural gas to Europe as countries in the continent aim to phase out Russian imports by the end of the year and look for alternative sources of supplies amid Moscow’s continuing conflict with Ukraine. The central Asian republic is focusing on upgrading its existing energy …

Hyundai Motor Group will construct a liquefied natural gas (LNG) cogeneration facility inside its automotive manufacturing plant in Ulsan to secure a stable power supply while reducing energy consumption and greenhouse gas emissions. According to the carmaker on Monday, it plans to digest over 70 percent of annual electricity used …

The G7 club of wealthy nations have committed to phasing out its dependency on Russian oil. The statement from the Group of Seven – France, Canada, Germany, Italy, Japan, Britain and the United States – did not specify exactly what commitments each country will make to move away from Russian …

Oil extended its biggest drop in more than five weeks as the European Union softened some of its proposed sanctions on Russian oil exports. West Texas Intermediate futures fell below $103 a barrel in early Asian trading after sliding around 6% on Monday. The bloc will scrap a proposed ban …

Talks aiming at agreeing an EU-wide ban on Russian oil imports have gone into a sixth day. Hungary, Slovakia, the Czech Republic and Bulgaria are resisting approval and demanding special dispensations to accommodate domestic needs. The main point of contention remains the ambitious timeline envisioned by the European Commission: a …

Spain is becoming one of Europe’s new hydrogen hubs, said European Commission President Ursula von der Leyen during a press conference in Barcelona on Friday, adding that the country has always been a “front runner” in the NextGenerationEU plan. “This is a defining moment for Europe and for our future,” …

Gazprom PJSC, a Russian state-owned energy company, has written to its European customers to reassure them that they can continue to pay for gas without breaching sanctions. This comes after European Commission proposed a total ban on Russian oil imports to the European Union. The EU’s planned ban on Russian …

Bulgaria has threatened not to support European Union’s new set of sanctions against Russia if the Balkan country does not get a derogation from the proposed ban on buying Russian oil, Deputy Prime Minister Assen Vassilev said late on Sunday. European Union governments moved closer on Sunday towards agreeing on …

Farmers in the lush fields southwest of Paris are joining Europe’s fight to wean itself off Russian energy over Moscow’s invasion of Ukraine. They’ll soon turn on the tap of a new facility where crops and agricultural waste are mashed up and fermented to produce “biogas.” It’s among energy solutions …

Italy would be in trouble if Russia decided to curb its gas supplies to the country in the next few months, Ecological Transition minister Roberto Cingolani told Festival Città Impresa in an interview on Sunday. Italy currently imports about 29 billion cubic metres of gas per year from Russia. If …