Tag Archives: Europe

US sanctions against Nord Stream 2 challenge the attractiveness of investing in Europe, Chairman of Executive Board of Austria’s OMV, one of Gazprom’s financial partners on the project, Rainer Seele said during a conference call on Wednesday. “In any case, as a European company, we expect politicians to ensure Europe’s …

Located off the coast of Portugal, Windfloat Atlantic has now been connected to the grid and is capable of supplying electricity to 60,000 homes a year.

A new study found the latest round of offshore wind farms to be built in the UK could actually reduce household energy bills across the country.

European consumers will benefit from lower gas prices if the underwater pipeline from Russia to Germany, the Nord Stream 2, is completed, energy consultancy Wood Mackenzie said as the US is up in arms trying to stop the project. Analysts expect the price for the blue fuel in Europe to …

The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data. US crude supply to Europe reached nearly 31 million barrels in July, according to Refinitiv Eikon data as …

That includes investment in energy efficiency and clean energy projects that support the transition towards a low carbon economy.

The Irish Government intends to introduce the Renewable Electricity Support Scheme (RESS) for green power production from sources including solar and wind farms.

The process uses microbes to convert carbon dioxide emissions and turn them into high-value proteins.

The European Union (EU) is warning United States (US) President Donald Trump’s administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas pipelines and instead discuss differences as allies. This week, the Trump administration warned companies involved in the …

A £66.5bn potential investment opportunity for the UK could be unlocked if the government takes the necessary measures, according to a new report.