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Category: Europe

Category:
  • Russia

Russia’s February Oil Output Fell Despite OPEC+ Higher Quota – Bloomberg

Russia last month pumped below its OPEC+ oil-output target for the first time since the historic curbs began last May, failing to take full advantage of a more generous quota. The Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Germany

Germany limits travel from French region over virus variant

Germany announced Sunday that travelers from France’s northeastern Moselle region will face additional restrictions because of the high rate of variant coronavirus cases there. Germany’s disease control agency, the Robert Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • Europe

How Europe Became the World’s Biggest Electric-Car Market—and Why It Might Not Last

  View full article at www.wsj.com

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Germany

Strong exports lift German factory activity to three-year high in February: PMI

Higher demand from China, the United States and Europe drove growth in German factory activity to its highest level in more than three years in February, brightening the outlook for Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Extreme Winter Stopped Russia From Benefiting From Higher OPEC+ Quota

Extreme winter weather in Russia, at least more extreme than usual for Siberia, resulted in lower Russian oil production so far in February compared to January and lower than the Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Nord Stream 2 gas link developer shrugs off Wintershall Dea loan move

 The developer of the almost-complete Nord Stream 2 gas pipeline from Russia to Germany said Feb. 26 that it had the financing in place to complete the pipeline, shrugging off Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • Germany
  • Hydrogen

Germany receives 200 hydrogen project applications in IPCEI call

Germany’s energy ministry has received around 200 hydrogen project proposals seeking funding under the Important Projects of Common European Interest (IPCEI) program, it said Feb. 25. The IPCEI call was Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • Biofuels
  • United Kingdom

UK introducing E10 fuel nationwide in September

E10 gasoline blends (10% ethanol) will be introduced at gasoline stations across the UK in September 2021. Its introduction on UK roads could cut transport carbon dioxide emissions by 750,000 Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • France

France extends lifetime of its oldest nuclear reactors

 France’s nuclear safety authority agreed Thursday to extend the operational lifetime of the country’s 32 oldest nuclear reactors by a decade to as much as 50 years. The public electricity Continue Reading

Posted On : 26 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

EU leaders vent fears over delays to vaccination drive

EU leaders vented frustration over sluggish deliveries of coronavirus vaccines and manufacturing delays as anxiety rises over the rapid spread of new variants. The bloc’s presidents and premiers expressed their fears Continue Reading

Posted On : 26 Feb 2021 Published By : Tom Whipple
Category:
  • France
  • Hydrogen

France launches hydrogen council, 3.2 GW of electrolyzer projects seek IPCEI funding

France’s national hydrogen council has presented initial plans for 3.2 GW of large-scale electrolysis capacity to key ministers, the council said Feb. 25. The projects, which require some Eur8 billion Continue Reading

Posted On : 26 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Germany

Merkel says COVID variants risk third virus wave, must proceed carefully

 New variants of COVID-19 risk a third wave of infections in Germany and the country must proceed with great care so that a new nationwide shutdown does not become necessary, Continue Reading

Posted On : 25 Feb 2021 Published By : Tom Whipple
Category:
  • Exxon
  • North Sea

Exxon Sells UK North Sea Oil, Gas Assets For Over $1 Billion

ExxonMobil will sell most of its non-operated assets in the UK’s central and northern North Sea to private equity fund HitecVision for more than $1 billion, the U.S. supermajor said Continue Reading

Posted On : 25 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Answer To The U.S. Shale Threat Is Finally Here

First output is now being produced by Russia’s number two gas producer (after state-owned Gazprom) – Novatek – from its much-awaited fourth train at the Yamal LNG project, according to Continue Reading

Posted On : 25 Feb 2021 Published By : Tom Whipple
Category:
  • Russia
  • USA

US considers sanctions against Russia over SolarWinds hack

The Biden administration is planning a broad package of measures, including sanctions, to punish Russia over the sprawling SolarWinds espionage campaign that struck at the heart of the US government. US officials Continue Reading

Posted On : 24 Feb 2021 Published By : Tom Whipple
Category:
  • Europe

Europe’s factories raise goods prices as supply bottlenecks bite

European manufacturers are passing higher input costs on to their customers, sending eurozone inflation to its highest level for almost a year as shortages of materials and soaring shipping costs Continue Reading

Posted On : 24 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • United Kingdom

Covid test being considered as alternative to vaccine passport

The UK government reassured people on Tuesday they will not face major restrictions if they refuse to have a coronavirus jab with officials considering a recent Covid-19 test result as Continue Reading

Posted On : 24 Feb 2021 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

After Brexit, British Tabloids Take Up a New Cause—Going Green – Bloomberg

When Boris Johnson unveiled his 10-point green recovery plan in November, U.K. newspapers were surprisingly acquiescent. The British press has a reputation for being more politically partisan than in many Continue Reading

Posted On : 22 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

US to continue to monitor Nord Stream 2 activity, sanctions ‘applicability’

Highlights Pipelaying work for 55 Bcm/year line continues Uncertain timeline for completing Nord Stream 2 Signs of detente between Washington, Berlin London — The US remains on standby to impose Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Biden Administration Reviews Nord Stream 2 Gas Pipeline

The Biden administration is reviewing U.S. policy toward a pipeline designed to carry Russian natural gas to Germany beneath the Baltic Sea, under new pressure after construction on the $11 Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Hydrogen
  • United Kingdom

U.K. Homes Heated by Just Hydrogen Could Be Everywhere by 2050

Heating U.K. homes with just hydrogen could be mainstream in a few decades as the government expect technology costs to plunge just like they have for wind energy. To accelerate the Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

EU prepares research funding boost as it confronts virus variants

Brussels is set to announce plans to plough millions of euros into research on new coronavirus variants as it seeks to step up its response to the rapidly evolving pandemic. Ursula Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia: Oil Markets Have Rebalanced

The global oil market is balanced and the current price of oil fully reflects this market situation, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian television Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • Europe

Europe Auto Sales Resume Steep Decline in January After Reprieve – Bloomberg

Passenger-car sales in Europe’s five biggest markets tumbled by more than a quarter last month after lockdowns to combat the pandemic shuttered dealerships and consumers shied away from large purchases. Registrations Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • United Kingdom

UK opens quarantine hotels, pushes on with vaccine drive

Britain’s newly established quarantine hotels received their first guests on Monday as the government tries to prevent new coronavirus variants from derailing a fast-moving vaccination drive that has delivered more Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Gazprom sees 2020 gas sales slide 8.1% after tumultuous year

Russia’s Gazprom saw its total gas sales dip by 8.1% in 2020 as the coronavirus pandemic hit demand — particularly in the second quarter — but strong growth in Q4 Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • Europe

Supertanker Loads Diesel at Rotterdam in Latest Sign of European Glut

A supertanker is loading up with diesel-type fuel at a key European import hub for the petroleum product, a telling indicator of the region’s supply glut. The Silverstone, a so-called very Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • United Kingdom

UK economy suffers biggest drop since 1709

The British economy suffered its biggest decline in more than 300 years in 2020 as the coronavirus pandemic closed shops and restaurants, devastated the travel industry and curtailed manufacturing. The Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russian Oil Giant Rosneft Sees Profits Slide 79% In 2020

Rosneft reported a 79-percent drop in 2020 net profits to $2.2 billion (147 billion rubles), with its fourth-quarter result hitting a record high after a loss in the third quarter. Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Gazprom Plans To Start Nord Stream 2 Gas Pipeline This Year

Russia’s gas giant Gazprom plans to commission the controversial natural gas pipeline Nord Stream 2 this year, Russian news agency TASS reported on Thursday, quoting a presentation of a Gazprom Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Europe

EU sidelines fossil-fueled cars, power projects from pandemic recovery funds

The European Union has pledged to block or limit funds from the region’s Eur672.5 billion ($814 billion) COVID-19 recovery package going to fund upgrade programs for fossil-fuel-powered vehicles and power Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia says it is ready to cut EU ties if hit with painful sanctions

Russian Foreign Minister Sergei Lavrov has said Moscow is ready to sever ties with the European Union if the bloc hits it with painful economic sanctions, according to extracts of Continue Reading

Posted On : 12 Feb 2021 Published By : Tom Whipple
Category:
  • United Kingdom

UK economy suffers record 9.9% slump in 2020 after COVID-19 hit

 Britain’s coronavirus-ravaged economy slumped by 9.9% in 2020, the biggest annual crash in output in more than 300 years, but it avoided heading back towards recession at the end of Continue Reading

Posted On : 12 Feb 2021 Published By : Tom Whipple
Category:
  • BP
  • Russia

Rosneft Stake Becomes Headache For Oil Major BP

While BP was unveiling its strategy to reinvent itself from an international oil company to an integrated energy company in London last year, thousands of miles away Russian giant Rosneft—in Continue Reading

Posted On : 11 Feb 2021 Published By : Tom Whipple
Category:
  • Germany

Germany’s Gas Storage Depletes Fast Amid Lower Gazprom Flows

Germany’s gas storage levels are lower than typical for the beginning of February in full winter season, and the main reason for this is reduced natural gas pipeline flows from Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • France

Total Reports Huge Loss For 2020

French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, and said it will change its name to reflect Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • Germany
  • Nord Stream
  • Russia

Germany urged to clarify stance over US Nord Stream 2 sanctions offer

 A German environmentalist group said Feb. 9 the government should say whether its reported offer to the previous US administration to increase state support for LNG import infrastructure in return Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • Coal
  • United Kingdom

Climate Change: UK Coal Mine Project Under Review After Backlash

Construction of a coal mine that threatened U.K. Prime Minister Boris Johnson’s claim to be a world leader in the fight against climate change is under review after growing opposition. The Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Germany

Merkel, state governors to decide on lockdown extension

German Chancellor Angela Merkel and the country’s 16 state governors are to decide Wednesday whether to extend a lockdown beyond mid-February, as overall infection numbers are declining but concern is Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • France

French Economy Stabilizes at 5% Below Pre-Pandemic Levels

French economic activity is running at 5% below pre-crisis levels as the government holds off from imposing a full Covid-19 lockdown beyond the current curfew and closures in some sectors, the Bank of Continue Reading

Posted On : 9 Feb 2021 Published By : Tom Whipple
Category:
  • United Kingdom

British Airways Plans 2022 Test With U.S. Sustainable-Fuel Maker

British Airways is partnering with LanzaJet for sustainable aviation fuel as part of the carrier’s plans to decarbonize by 2050, amid rising pressure on the aviation industry to cut emissions. The Continue Reading

Posted On : 9 Feb 2021 Published By : Tom Whipple
Category:
  • Climate
  • Netherlands

Netherlands hit by ‘first major snowstorm in decade’

The extreme weather has led to major travel disruption, as here in Haarle in the Netherlands The Netherlands has been hit by its first major snowstorm in a decade, forecasters Continue Reading

Posted On : 8 Feb 2021 Published By : Tom Whipple
Category:
  • Energy Storage
  • Europe

EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. Continue Reading

Posted On : 8 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • France

France reports fresh fall in number of new COVID-19 cases

France reported a fall in new COVID-19 infections on Sunday for the fourth successive day. Health ministry data showed there had been 19,175 new confirmed COVID-19 infections in the past Continue Reading

Posted On : 8 Feb 2021 Published By : Tom Whipple
Category:
  • Germany

German industrial production flat after 7 months of gains

Industrial production in Germany, Europe’s biggest economy, stagnated in December after seven consecutive months of gains, official data showed Monday. The figure from the Economy Ministry followed data on Friday Continue Reading

Posted On : 8 Feb 2021 Published By : Tom Whipple
Category:
  • Denmark
  • Wind

Denmark to build North Sea island to serve as wind power hub

Denmark has agreed to build an island in the North Sea that would gather and distribute electricity from wind energy farms. The 210-billion kroner ($34 billion) artificial island will be Continue Reading

Posted On : 5 Feb 2021 Published By : Tom Whipple
Category:
  • Europe

Europe’s Economy Falls Further Behind U.S. and China. ‘It’s Getting Desperate.’

The eurozone’s economy is diverging sharply from the U.S. and China, as stubbornly high coronavirus infections, extensive Covid-19 restrictions and a painfully slow vaccine rollout delay Europe’s recovery from last Continue Reading

Posted On : 5 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • United Kingdom

Vaccines Could Blunt U.K. Epidemic in Weeks

 Britain is on a pace to give the first shot of a two-dose coronavirus vaccine to its entire population by the end of June, if it can avoid supply and Continue Reading

Posted On : 5 Feb 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

Europe’s Vaccine Rollout Has Descended Into Chaos

It should have been Europe’s finest hour. Battered by multiple waves of Covid-19, lockdowns and recession, the European Union had found a noble way to prove its raison d’être: by Continue Reading

Posted On : 5 Feb 2021 Published By : Tom Whipple
Category:
  • Coal
  • United Kingdom

A New Coal Mine Undercuts U.K.’s Claim to Climate Leadership

As the U.K. prepares to host the next round of major global climate talks in November, Prime Minister Boris Johnson’s government has adopted the most ambitious emissions-reduction goal among large Continue Reading

Posted On : 5 Feb 2021 Published By : Tom Whipple

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