Russian crude prices recover on strong India, China demand08 August 2022 | Source: ReutersPost Type: ONLINE NEWSSpot prices for Russia's key export crude grade ESPO Blend to Asia have rebounded from all-time lows amid strong demand from top buyers India and China and easing concerns about possible sanctions, several traders said.
EU antitrust regulators quiz developers on Google app payments05 August 2022 | Source: ReutersPost Type: ONLINE NEWSEU antitrust regulators have asked app developers whether Alphabet unit Google's threat to remove apps from its Play Store if they use other payment options instead of its own billing system has hurt their business, two people familiar with the matter told Reuters.
Hail the new King: US takes over as world's largest LNG exporter26 July 2022 | Source: Upstream OnlinePost Type: ONLINE NEWSUS LNG exports grew by 12% in the first half of 2022 to make the nation the world’s largest exporter, the Energy Information Administration said in an update released on Monday.
Greece opposes EU plan to cut gas use, plans power cuts in emergency22 July 2022 | Source: ReutersPost Type: ONLINE NEWSGreece opposes an EU plan for countries to cut their gas use by 15% by March, its government said on Thursday, after the country unveiled a contingency plan which sees rotating power outages as a last resort if Russian gas supplies are disrupted.
EU tells members to cut gas usage amid new Putin warning21 July 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop.
EU watchdog calls for common definition of corporate 'sustainability'14 July 2022 | Source: ReutersPost Type: ONLINE NEWSA new global standard setter for company sustainability reporting needs to ensure its definition of "sustainability" fits with other initiatives to stamp out "greenwashing", the European Union's securities watchdog said on Wednesday.
EU parliament backs labelling gas and nuclear investments as green07 July 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep rifts between countries over how to fight climate change.
EU, U.S. aim for 1.5 million smart thermostats in Europe this year28 June 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union will strive to deploy at least 1.5 million energy-saving 'smart' thermostats this year as it seeks to wean itself off Russian energy, Brussels and Washington announced in a joint statement on Monday.
G7 leaders debate fossil fuel investments amid energy crisis27 June 2022 | Source: ReutersPost Type: ONLINE NEWSSome of the leaders of the Group of Seven (G7) rich democracies are pushing for an acknowledgement of the need for new financing for fossil energies investments, two sources told Reuters on Sunday, as European states scramble to diversify supplies.
EU ministers seek deals on climate laws as economy woes test green pledges27 June 2022 | Source: ReutersPost Type: ONLINE NEWSMinisters from European Union countries will meet this week to attempt to agree joint plans to fight climate change, with some diplomats saying countries under economic pressure might water down some of the most ambitious targets proposed by Brussels.
EU signals shift to coal, accuses Russia of 'rogue moves' on gas23 June 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union will temporarily shift back to coal to cope with dwindling Russian gas flows without derailing longer term climate goals, an EU official said on Wednesday as a tight gas market and soaring prices set off a race for alternative fuels.
EU agrees deal on company disclosures to combat greenwashing22 June 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union has reached a deal on corporate sustainability reporting requirements for large companies from 2024, a European Parliament committee said on Tuesday.
Portugal wants long-term EU mechanism for security, energy investment21 June 2022 | Source: ReutersPost Type: ONLINE NEWSPortugal wants the European Union to create a mechanism similar to its pandemic recovery programme to channel investment into defence, security, green energy and digital spheres, Prime Minister Antonio Costa said on Monday.
Fitch ups oil, gas price assumptions on growing demand and trade disruptions16 June 2022 | Source: New Straits TimesPost Type: ONLINE NEWSFitch Ratings has increased its oil and gas price assumptions due to trade flows disruptions and redirection and higher post-pandemic demand.
Oil turns negative as OPEC eyes Russia suspension from output deal01 June 2022 | Source: ReutersPost Type: ONLINE NEWSOil prices turned negative on Tuesday after a report that some producers were exploring the idea of suspending Russia's participation in the OPEC+ production deal.
Oil climbs above $121 a barrel as China eases restrictions, EU meets31 May 2022 | Source: ReutersPost Type: ONLINE NEWSOil prices climbed above $121 a barrel on Monday, hitting a two-month high as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
EU fails to agree on Russia oil embargo, to try again Monday before summit30 May 2022 | Source: ReutersPost Type: ONLINE NEWSThe EU failed on Sunday to agree on an embargo of Russian oil, but diplomats but will still try to make progress ahead of a Monday-Tuesday summit on an exemption for pipeline deliveries to landlocked Central European countries, officials said.
Oil falls 2.5% as U.S. refiners ramp up output, equities retreat19 May 2022 | Source: ReutersPost Type: ONLINE NEWSOil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
EU to map out escape route from Russian fossil fuels18 May 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot away from Moscow to quicken its shift to green energy.
EU has not yet found agreement on oil embargo against Russia, Borrell says17 May 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union has not yet found agreement on a sixth package of sanctions against Russia, its top diplomat Josep Borrell said after a meeting of the bloc's foreign ministers in Brussels on Monday.
EU readies 195 billion euro plan to quit Russian fossil fuels13 May 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with a switch to alternative gas supplies, draft documents show.
Oil up more than 5%, as Russia-EU energy quarrel intensifies12 May 2022 | Source: ReutersPost Type: ONLINE NEWSOil prices rose more than 5% on Wednesday after flows of Russian gas to Europe fell and Russia sanctioned some European gas companies, adding to uncertainty in world energy markets.
EU plans one-year renewable energy permits for faster green shift.10 May 2022 | Source: ReutersPost Type: ONLINE NEWSThe European Union executive wants to speed up the bloc's green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows.
Washington Approves More U.S. LNG Exports For Europe28 April 2022 | Source: Oil PricePost Type: ONLINE NEWSIn response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants currently in the development phase
The Oil And Gas Industry Is Booming Despite Net-Zero Ambitions. 27 April 2022 | Source: OilPrice.comPost Type: ONLINE NEWSBoth the European Union and the United States are firmly on the path to a net-zero economy. This much has been made clear by officials from both sides of the Atlantic despite the EU’s hunt for more gas and the Biden administration’s calls for more oil production.
EU says pay for Russian gas in euros to avoid breaching sanctions25 April 2022 | Source: ReutersPost Type: ONLINE NEWSEU companies may be able to work around Russia's demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then converted into the Russian currency, the European Commission said on Friday.
EU Set To Discuss Joint Gas Buying In Bid To Cut Russian Reliance15 April 2022 | Source: Oil PricePost Type: ARTICLEThe leaders of the European Union member states are expected to discuss at their summit at the end of May the idea of jointly buying natural gas to avoid competing with each other for non-Russian supply as the EU seeks to cut its dependence on Moscow, Bloomberg reported on Thursday, citing sources with knowledge of the plans.
Weapons Group Points to Ukraine in Bid to Shape ESG Rulebook01 March 2022 | Source: BloombergPost Type: ONLINE NEWSWith a Russian invasion right on its doorstep, Europe now finds itself discussing whether weapons should be listed as ESG assets, to grant them more favorable access to financing.
Greece to propose EU energy solidarity fund to tackle crisis28 February 2022 | Source: ReutersPost Type: ONLINE NEWSGreece will propose setting up a European Union energy solidarity fund to mitigate the energy crisis impact on households, businesses and consumers, its energy minister said on Sunday, before EU ministers meet on Monday.
Germany wants to avoid escalation in EU dispute over green finance rules04 January 2022 | Source: ReutersPost Type: ONLINE NEWSGermany wants to avoid an escalation in the dispute about a European proposal to classify both nuclear energy and natural gas as climate-friendly energy sources by abstaining in a vote about the investment plan, government sources said on Monday.
EU drafts plan to cut methane emissions from oil and gas industry23 November 2021 | Source: ReutersPost Type: ONLINE NEWSThe EU has drafted legislation to reduce methane emissions by forcing oil and gas companies to report their output and find and fix leaks of the gas that is the second-biggest cause of climate change.
EU climate policy risks sidelining nuclear power, seven countries say25 March 2021 | Source: ReutersPost Type: ONLINE NEWSFrance, Poland and five other countries have written to the European Commission
Single-jab Johnson & Johnson vaccine approved by EU12 March 2021 | Source: New Straits TimesPost Type: ONLINE NEWSThe European Union approved the single-shot Johnson & Johnson coronavirus vaccine on Thursday
EU countries pile pressure on Brussels to change green finance rules on bioenergy12 March 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Commission has come under fresh pressure to change its planned rules on what counts as a sustainable investment
EU needs due diligence law on environment and human rights, lawmakers say11 March 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Parliament on Wednesday adopted on a report calling on the European Commission to propose legislation forcing companies to find and fix risks to human rights and the environment in their supply chains
EU Banking Authority Hacked As Microsoft Exchange Attacks Continue10 March 2021 | Source: ForbesPost Type: ARTICLEThe European Banking Authority (EBA) has confirmed it has fallen victim to the ongoing Microsoft Exchange attacks
European Parliament drops call to end free allowances under carbon border levy10 March 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Parliament on Tuesday dropped its call to phase out the free allowances industrial sectors receive through the European Union carbon market
EU regulator urges caution on Sputnik COVID-19 vaccine08 March 2021 | Source: The STARPost Type: ONLINE NEWSA senior European Medicines Agency (EMA) official urged European Union members on Sunday to refrain from granting national approvals for Russian COVID-19 vaccine Sputnik V while the agency reviews its safety and effectiveness
EU countries approve green transition fund, look to challenges ahead04 March 2021 | Source: ReutersPost Type: ONLINE NEWSEuropean Union officials on Wednesday formally approved the bloc’s multi billion euro fund that is to help wean countries off fossil fuels by shielding vulnerable communities from the economic impact of transforming polluting sectors
EU bets on data to prepare for climate change impacts25 February 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Commission on Wednesday said it would create an arsenal of data tools to anticipate and adapt to the increasing impacts of climate change
EU readies reforms to energy treaty as climate criticisms mount16 February 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Commission is expected to propose reforms to an international energy treaty as early as Monday
EU leaves some room for gas projects in green spending guidelines13 February 2021 | Source: ReutersPost Type: ONLINE NEWSThe EU’s mammoth post-pandemic recovery fund, which is intended to exclude projects that worsen climate change or harm the environment
EU climate change plans will ripple through foreign policy, researchers say04 February 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Union’s goal to have zero net greenhouse gas emissions by 2050
Poland adopts 2040 energy 'compass' to navigate away from coal03 February 2021 | Source: ReutersPost Type: ONLINE NEWSPoland on Tuesday adopted an energy strategy to 2040
Renewables overtook fossil fuels in EU electricity mix in 2020: Report25 January 2021 | Source: ReutersPost Type: ONLINE NEWSRenewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank
EU countries mull call for global coal power phaseout, end to fossil fuel subsidies23 January 2021 | Source: ReutersPost Type: ONLINE NEWSEuropean Union countries could call on Monday for a global phasing out of polluting coal power and an end to fossil fuel subsidies
Shift to renewable energy eases key environmental burdens, EU says19 January 2021 | Source: ReutersPost Type: ONLINE NEWSEurope’s shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change
EU Clean Electricity Powers Clean Air Progress19 January 2021 | Source: ForbesPost Type: ARTICLEEU renewable electricity growth has reduced environmental pressures linked to a range of challenges from climate change to particulate matter (PM) in the air
EU sees carbon border levy as 'matter of survival' for industry19 January 2021 | Source: ReutersPost Type: ONLINE NEWSThe European Union’s proposed carbon border charge is essential to the survival of its own industries
Malaysia takes WTO legal action against EU over palm biofuel curbs16 January 2021 | Source: ReutersPost Type: ONLINE NEWSMalaysia is taking legal action at the global trade watchdog against the European Union and member states France and Lithuania for restricting palm oil-based biofuels
EU price on pollution hits record high in early 202106 January 2021 | Source: ReutersPost Type: ONLINE NEWSThe price of permits on the European Union carbon market has soared to record levels in the first trading days of the year
U.S. tech giants face 6-10% fines as EU set rules to curb their power15 December 2020 | Source: ReutersPost Type: ONLINE NEWSAmazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe
EU gets down to details in search for deal on new climate target03 December 2020 | Source: ReutersPost Type: ONLINE NEWSThe European Union is offering assurances on funding for poorer members and countries’ ability to choose their own energy mix
EU plans data shakeup to boost home-grown innovation26 November 2020 | Source: Malay MailPost Type: ONLINE NEWSThe EU yesterday unveiled proposals for rules covering the transfer of valuable data as it aims to create an innovation hub on a par with the US and China
EU says fossil fuel subsidies undermine its climate ambitions23 October 2020 | Source: ReutersPost Type: ONLINE NEWSA senior European Union official on Thursday urged member nations to stop subsiding fossil fuels responsible for greenhouse gases which are undermining the bloc’s policies to tackle climate change
EU ministers to agree to make climate neutrality by 2050 binding21 October 2020 | Source: ReutersPost Type: ONLINE NEWSEU environment ministers are set to agree this week to make the bloc’s pledge to be climate neutral by 2050 legally binding
Britain, Canada, EU throw weight behind 2030 biodiversity protection goal29 September 2020 | Source: ReutersPost Type: ONLINE NEWSBritain and Canada on Monday joined the European Union in pledging to protect 30% of their land and seas by 2030
The E.U. Proposes A New Bauhaus To Achieve Climate Goals28 September 2020 | Source: ForbesPost Type: ONLINE NEWSLast year marked the 100th anniversary of the Bauhaus, an art and design school founded in Weimar, Germany
Poland to close coal mines by 2049 in deal with unions27 September 2020 | Source: ReutersPost Type: ONLINE NEWSPoland’s government struck a deal with trade unions on Friday to gradually close its coal mines by 2049
World's largest carbon market faces revamp under draft EU plan13 September 2020 | Source: ReutersPost Type: ONLINE NEWSThe world’s biggest carbon trading market faces a major overhaul under European Union climate change plans to cut greenhouse gas emissions faster this decade
19 ASEAN research institutions awarded EU research grants10 September 2020 | Source: BERNAMAPost Type: ONLINE NEWSNineteen ASEAN research institutions will benefit from new research grants provided by the European Union (EU)
Facebook, Google, Twitter urged by EU to do more against fake news10 September 2020 | Source: ReutersPost Type: ONLINE NEWSTwo years after agreeing to a self-regulatory code of practice to tackle disinformation
EU says one in eight deaths is linked to pollution09 September 2020 | Source: BBC NewsPost Type: ONLINE NEWSOne in every eight deaths in Europe can be linked to pollution
Striving for green recovery, EU adds lithium to critical materials list04 September 2020 | Source: ReutersPost Type: ONLINE NEWSThe European Commission added battery element lithium to its critical raw materials list
Europe faces high hurdles to make hydrogen hype reality27 August 2020 | Source: ReutersPost Type: ONLINE NEWSA European Union goal to boost the use of zero-carbon hydrogen is likely to be a pipe dream unless the bloc can find billions in investment and persuade member states
Gas and nuclear industries fight to the end for 'green' EU investment label26 August 2020 | Source: ReutersPost Type: ONLINE NEWSThe gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable
Exclusive: Google offers data pledge in bid to win EU okay for Fitbit buy14 July 2020 | Source: ReutersPost Type: ONLINE NEWSAlphabet Inc’s Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the U.S. tech company said late on Monday.
Technology to track COVID-19 raises fears of mass surveillance17 April 2020 | Source: Lompoc RecordPost Type: ONLINE NEWSTechnology companies and experts are coming up with a variety of new methods, applications and tools to track the spread of COVID-19 in the United States, systems that could greatly help government plan and cope with the novel coronavirus.
Brexit likely to be negative for UK oil and gas, Offshore Tech survey finds26 March 2020 | Source: Offshore TechnologyPost Type: ONLINE NEWSWith the UK now having entered a 12-month transition period out of the European Union, we asked the readers of Offshore Technology what impact Britain’s departure will have on the UK offshore industry.
Europe is not so dependent on Russian gas16 April 2018 | Source: Financial Times OnlinePost Type: ARTICLEIn value terms EU imports of oil products from Russia are the more important. But since the oil market is genuinely global, this has little impact on dependence.
WTO rules EU must change duties on Indonesia biodiesel26 January 2018 | Source: ReutersPost Type: ONLINE NEWSThe World Trade Organization (WTO) has ruled in favour of several challenges by Indonesia to anti-dumping duties imposed on its biodiesel exports to the European Union, saying the measures needed to be changed.
