Authored by Tsvetana Paraskova via OilPrice.coim, According to the IEA’s quarterly gas market report, natural gas consumption in OECD Europe saw its steepest decline in history last year. The IEA said the estimated 13% drop […]
The European Parliament has decided to ban Chinese short video-sharing app TikTok from staff phones for security reasons, becoming the latest EU institution to do so after the European Commission and the European Council. The […]
Europe’s initial anger at President Joe Biden’s massive green subsidy plan has waned in light of assessments that rank EU incentives to boost clean technology as equal to or surpassing some of the benefits offered […]
By Tsvetana Paraskova of OilPrice.com Europe’s natural gas futures point to structurally higher prices for the rest of the year, as Europe will soon have to start filling inventories for the 2023/2024 winter. The TTF […]
Authored by City AM, submitted by OilPrice.com, European countries have forked out over ?700bn (EUR792bn) to shield businesses and households from soaring gas prices since the start of the energy crisis, according to the latest […]
The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation activities in hydrogen technologies in Europe under the Horizon Europe Programme, has announced it will invest €105.4 million for funding nine hydrogen valley projects […]
By Josh Owens of Oilprice.com, Europe is buying more diesel from the United States and Saudi Arabia in preparation of the EU ban on seaborne imports of Russian refined products, yet Europe still remains the […]
The introduction of a temporary gas price cap in Europe could result in a reduction in market liquidity, new research suggests. Last month, the European Council adopted a regulation establishing a market correction mechanism (MCM), aiming to […]
By John Kemp, senior energy market analyst Northwest Europe is half-way through the winter heating season and gas inventories are at a record high following an extended period of exceptionally mild temperatures since the middle […]
Record warmth spread across Europe in the first half of January. Temperatures in the energy-stricken continent felt more like spring as several metropolitan areas recorded the warmest temperatures on record. Now a pattern shift is […]
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