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Europe News

'Russia will lose the energy battle,' says IEA chief Fatih Birol

Europe was by far Russia's largest market and client and "Russia lost this client forever", the International Energy Agency chief said in an interview with Euronews.

Nature

Alaska to auction a Netherlands-sized area to oil and gas companies

The state auction of arctic land will likely lead to an expansion of oil and gas production in the Arctic.

Home

Are these floating 'powerships' the answer to Europe’s energy crisis?

It’s been floated that these seaborne power plants from Turkey could help Europe fill the Russian energy supply gap.

France

Government forces striking employees back to work at Normandy refinery

Fuel shortages in France are set to continue after the CGT labour union vowed to continue industrial action and challenge the government's requisition in court.

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World News

Heads of Russia and UAE meet after OPEC+ cuts oil production

Russian President Vladimir Putin and the leader of the UAE Sheikh Mohammed bin Zayed Al Nahyan meet in St Petersburg days after OPEC+ cuts oil production.

Europe Decoded

The G7 wants to cap the price of Russian oil. It won't be easy.

Western countries want to use their leading insurance and shipping companies to slash the Kremlin's oil revenues.

France

Strikers set for talks as some French petrol stations run dry

Many of France’s petrol stations are dealing with supply shortages amid a strike by energy workers in the country.

My Europe Series

Sanctions, summits and nuclear threats take centre stage in Europe

In our State of the Union show, we bring you the top stories driving the news in Brussels.

Business

OPEC+ to cut oil production by 2m barrels a day to ‘boost prices’

OPEC+ alliance agreed to its largest reduction in oil production since the spring of 2020, in a move strongly criticised by Washington.

Green News

Shell boss calls for tax on energy firms to help ‘poorest’ people

As energy prices soar, Shell’s chief executive has said that a tax on big firms is ‘inevitable’ - but has urged against capping prices.

Europe News

EU agrees new sanctions on Russia including price cap on Russian oil

"This oil cap will help reduce Russia's revenues and keep global energy markets stable," European Commission President Ursula von der Leyen said.

Green News

Shell reports record profits amid cost of living crisis

Russia's invasion of Ukraine has sent energy prices soaring and boosted profits for energy companies.

Nature

Oil spill in the Bahamas turns crystal clear beach orange

Even small oil spills can harm or kill ocean life, especially if they're in sensitive areas such as beaches.

Europe News

EU pushes back against claims Russian oil ban is hiking prices

The EU ban will not be completed until the end of the year, so its economic effects are still unclear.

Green News

Just Stop Oil: Who are the protesters attacking artwork?

The group has gripped the headlines once again this week with mixed responses to their climate change protests.

Green News

Ukraine war has caused a fossil fuel ‘gold rush’, new report finds

Leading climate researchers have found that the world is investing in new oil and gas projects in the wake of Russia’s invasion.

Europe News

'It's a big deal': Experts and MEPs weigh in on EU's Russian oil ban

The phase-out of seaborne crude is considered the most radical measure taken by the EU since the Ukraine war broke out.

Europe Decoded

Why the Druzhba pipeline was spared from the EU ban on Russian oil

Hungary's PM Viktor Orbán scored a big win by forcing an exemption into the original proposal.

Europe News

EU leaders endorse ban on Russian oil, exempting pipeline imports

The European Council agreed to a Hungarian demand to completely spare oil imports coming through pipelines.

Green News

Why is Hungary standing in the way of an EU embargo on Russian oil?

Actions at embassies across Europe call out Prime Minister Orbán as the biggest obstacle to weaning the bloc off of Russian fossil fuels.