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HomeInternational News

International News

Europe
Finance

Macron backs Trump’s call for Europe to step up on defence

February 14, 2025 Mariel Alumit

  Donald Trump’s insistence that Europe shares more of the burden for its own defence is an opportunity, Emmanuel Macron said on Friday, as France pushes for a Europe-first approach in the EU’s defence industry […]

Germany
Climate Crisis

Germany calls for more subsidies, less red tape in EU Clean Industrial Deal

February 14, 2025 Mariel Alumit

  Germany’s stance on the EU’s upcoming Clean Industrial Deal calls for looser state aid rules and deregulation, according to a document seen by Euractiv. First revealed by Contexte, the document lays out Germany’s position […]

India
Energy Policy

Moscow sees India as major market for LNG – deputy energy minister

February 14, 2025 Mariel Alumit

Russia has said that liquified gas supplies to the South Asian country could increase despite sanctions Russia is increasing liquefied natural gas production and exports despite sanctions and could expand shipments to India, First Deputy […]

Chantiers
International News

Chantiers gets maintenance deal for two French offshore wind substations

February 14, 2025 Mariel Alumit

The marine energy business unit of French shipbuilder Chantiers de l’Atlantique, Atlantique Offshore Energy, has won contracts to carry out preventive maintenance on two substations for future French offshore wind farms. The multi-year maintenance contracts […]

UK
Finance

UK government funding scheme set to boost offshore wind capacity

February 14, 2025 Mariel Alumit

The UK has announced the Clean Industry Bonus (CIB), a new incentive scheme looking to increase investments in the offshore wind sector and push the country closer to its goal of decarbonising its energy system […]

Ukraine
Finance

Trump’s plan for Ukraine would cost EU $3 trillion – Bloomberg

February 13, 2025 Mariel Alumit

Assisting Kiev’s war effort without US support will be a blow to the bloc’s budget, Bloomberg economists have warned The EU is facing extra costs of $3.1 trillion over the next decade if it wants […]

Coal Power Construction
Coal

China’s Coal Power Construction Is at a Decade-High Despite Renewables Boom

February 13, 2025 Mariel Alumit

Despite soaring solar and wind power installations, China launched construction of as many as 94.5 gigawatts (GW) of new coal power projects in 2024, the highest level since 2015, new research showed on Thursday. China also approved […]

Golar
International News

Golar sells its last LNG carrier

February 13, 2025 Mariel Alumit

Golar announced the sale of the 2003-built steam turbine LNG carrier, Golar Arctic, in a statement on Thursday, but the firm did not reveal the buyer. The sale price for the vessel is $24 million […]

BP
Big Oil Companies

BP Ditches Net Zero Push, Halts All Renewable Projects

February 13, 2025 Mariel Alumit

BP has halted renewable investments, refocusing on oil and gas with asset sales and major projects after profits fell and investor pressure rose. ​BP has halted all investments in renewable energy as part of a […]

hydrogen
CCUS

Missed EU goals put Green Deal hydrogen rules under pressure

February 13, 2025 Mariel Alumit

  Industry is at loggerheads over whether to scrap the EU’s strict green hydrogen rules in the face of a flagging market ramp-up. Last year, Europe fell significantly short of its target to produce 6 […]

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