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EU

gas crisis
Geopolitical

Auditors question EU’s gas crisis response, joint purchases

June 25, 2024 Mariel Alumit

  Neither the European Union’s overall response to the 2022 gas crisis nor its joint purchasing push delivered clear benefits, the bloc’s auditors have concluded in a report released on Monday (24 June).  2022 saw […]

Climate Crisis

Is the US wasting its time saving the planet?

June 25, 2024 Andy Del Prado

Daily Standup Top Stories EU to Ban Re-Export of Russian LNG June 24, 2024 Mariel Alumit The European Union is set to ban the re-export of Russian LNG in the bloc’s waters in a first sanctions […]

Chinese EVs
Electric Vehicles

Flavio Volpe: Cheap Chinese EVs come at a high cost

June 24, 2024 Mariel Alumit

That is what I have said to everyone who has asked me about Chinese electric cars lately and the questions usually stump my audience. A lot of ink has been spilled over the promise of good quality, […]

Russian LNG
Crude Oil News

EU to Ban Re-Export of Russian LNG

June 24, 2024 Mariel Alumit

The European Union is set to ban the re-export of Russian LNG in the bloc’s waters in a first sanctions measure targeting Russia’s gas, EU diplomats told Reuters on Thursday. The EU has been debating the 14th sanctions […]

electricity
Electrical Generation / Utilities

European newspaper says citizens better get used to not having electricity all the time

June 22, 2024 Stu Turley

One of the biggest newspapers in the Netherlands is warning its readers that Dutch citizens should get accustomed to the notion that electricity will not always be available to them in the future. NRC, one […]

Atlantic LNG
Finance

Atlantic LNG shipping rates rise to $75,000 per day, European prices drop

June 22, 2024 Mariel Alumit

Atlantic spot liquefied natural gas (LNG) freight rates jumped this week, while European prices decreased compared to the previous week. Last week, freight rates increased in both the Atlantic and Pacific basins. “Spark30s Atlantic rates experienced […]

LNG shipments
Geopolitical

EU cracks down on Russian LNG shipments

June 21, 2024 Mariel Alumit

Cracking down on LNG shipments as well as around a dozen of the so-called shadow tanker fleet form elements of the 14th package of sanctions against Russia that the European Union is introducing. The new […]

EV
Electric Vehicles

From Fantasy to Fact: The EV Slowdown Gets Real

June 20, 2024 Mariel Alumit

Despite significant efforts and investments, the growth in demand for electric vehicles is declining rapidly. The European Commission’s new tariffs on China-made EVs, and on European carmakers outsourcing to China, will increase prices, potentially hindering […]

against Spain
Press

Brussels decides not to open excessive deficit procedure against Spain

June 20, 2024 Stu Turley

  The European Commission decided on Wednesday not to open an excessive deficit procedure against Spain, despite the country ending last year exceeding the limit set by EU fiscal rules, while urging Madrid to address […]

EU
Geopolitical

EU approves 14th Russia sanctions package, includes first-ever LNG sector measures

June 20, 2024 Mariel Alumit

  EU member states on Thursday (20 June) approved a 14th package of sanctions against Russia over its war in Ukraine, which for the first time included a ban on re-exports of Russian liquefied natural […]

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