Tag Archives: European Union (EU)

Kazakhstan is considering new procurement standards to maximize the efficiency and effectiveness of state spending while aiming to minimize the environmental harm of public works and services. Government contracts for goods, works and services totaled about $19.7 billion in 2023. In the past, environmental concerns didn’t figure much in state …

Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens, continues to cut into China’s long-held position as the primary global supplier. Countries like Australia, the United States, Myanmar, and even nations like Malaysia, Vietnam, Uzbekistan, and Kazakhstan continue to …

The price of carbon dioxide on the European Union’s emissions trading markets, ETS, has taken a bad tumble. On the face of it, this is good news—it means industries covered by the scheme are emitting less. But in this case, fewer emissions mean less money for the transition. Earlier this …

Amid calls from some member states, the European Union should be careful in its efforts to ditch Russian LNG as it should protect its security of gas supply, the European Union Agency for the Cooperation of Energy Regulators, ACER, said in a report on Friday. The Baltic EU member states …

Turkmenistan and the EU discussed the diversification of gas supply routes, Trend reports. According to the Ministry of Foreign Affairs of Turkmenistan, this topic was discussed in Brussels during the participation of the Turkmen delegation headed by Myrat Archayev, Deputy Chairman of the Turkmengaz State Concern, in a meeting of …

Natural gas storage facilities in the European Union region were stocked to over 58 percent of capacity as of March 31, when the winter heating season ended, EU Energy Commissioner Kadri Simson has said. “This is the highest level on record at this time of year”, Kadri said in a …

European energy infrastructure needs $2.7 trillion in investment to reach the EU’s climate goals by 2050 and keep Europe competitive on a global scale, lobby group the European Round Table for Industry (ERT) said in a new report on Tuesday. The EU’s ambition to be a carbon-neutral bloc by 2050 …

The United Arab Emirates is considering investments in Europe’s nuclear power segment, approaching several European nations to gauge their receptivity to a collaboration, sources familiar with the talks told Reuters this week. The UAE has discussed the possibility of its state-owned Emirates Nuclear Energy Company (ENEC) investing in European power …

The United States and the European Union are at odds over how far a ban on fossil fuel loans and guarantees would extend and haven’t reached an agreement at the latest round of talks within the OECD organization of the most developed nations, sources with knowledge of the discussions have …

The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax. The EU’s Carbon Border Adjustment Mechanism (CBAM), commonly known as the “carbon border tax,” was launched on October 1 in the first …