Tag Archives: Euractive

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,” …

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 …

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 …

The Russian invasion of Ukraine has put the European energy and climate policies through their most difficult test so far. The spike in energy prices aggravated by the slow pace of energy transition in Europe and the excessive reliance on Russian fossil fuel imports have demonstrated the need for a …

Italian Prime Minister Mario Draghi recalled the importance of boosting the industrial partnership between Italy and Japan, particularly in the renewable energies sector, at a press conference at Palazzo Chigi after a bilateral meeting with the Japanese Prime Minister Fumio Kishida. In an attempt to curb energy reliance from Moscow …

Inflation in Germany rose at its fastest pace in four decades, data published Thursday (28 April) showed, as Russia’s invasion of Ukraine pushed up energy prices. Consumer prices were 7.4% higher in April compared to a year ago, according to the federal statistics agency Destatis. In March, the corresponding figure …

Exxon Mobil Corp is considering a complete withdrawal from Russia by 24 June, two sources familiar with the plans told Reuters on Thursday (21 April), following the US oil major’s earlier decision to exit all operations in the country. Exxon Mobil has not provided a timetable for the withdrawal but …

OPEC told the European Union on Monday (11 April) that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signalled it would not pump more. European Union officials held talks in Vienna with …

Faced with high energy prices and the urgent need to break away from Russian fossil fuels, the European Commission is doubling down on the roll-out of renewables and energy efficiency measures. The war in Ukraine has led to a monumental shift in EU climate policy. Within weeks of the invasion, …

As Germany closes its last nuclear reactors, it is also reactivating old coal power plants to ensure electricity supply security amid Russian threats to turn off the gas tap. Germany’s attempt to simultaneously phase out nuclear and coal power just got significantly more complicated. Once envisaged as a transition fuel …