For a country that prides itself on its clean, green image, Germany’s power sector is remarkably dirty. Despite having the third-largest installed base of wind and solar power after China and the Continue Reading
The European Union’s executive forecasts that the bloc’s economy will contract more than previously expected because of the coronavirus pandemic, which has caused lockdowns on business and public life that Continue Reading
The coronavirus has ripped through Poland’s coal mines, where men descend deep underground in tightly packed elevators and work shoulder-to-shoulder to extract the source of 75% of the nation’s electrical Continue Reading
France’s growing spat with Turkey over the Libyan civil war has exposed cracks in the Nato military alliance and raised questions over what Paris is seeking to achieve in the Continue Reading
In the panorama of renewable energy technologies, hydrogen’s potential is seen in several sectors. It is what the IEA calls an ‘integration’ technology. It promises to play a cross-sectoral role Continue Reading
The COVID-induced recession that has brought oil and gas prices down to levels that are painful enough for most if not all major producers. In Russia the crisis has hit Continue Reading
German factory orders rose less than expected in May even after authorities loosened the coronavirus lockdown, highlighting how difficult it will be to repair the pandemic’s damage. Orders rose 10.4% in Continue Reading
German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source , backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticize as Continue Reading
Alexander Deyev can still taste the smoke from last year’s wildfires that blanketed the towns near his home in southeastern Siberia, and he is dreading their return. “It just felt Continue Reading
Global investment in oil is set to plunge by one-third this year due to the coronavirus and its effect on economies and oil demand, Russia’s Energy Minister Alexander Novak said at an Continue Reading
Sales of plug-in hybrids and battery electric cars in the UK inched up to 7 percent of total sales in the first quarter of the year, Reuters’ John Kemp wrote Continue Reading
She still has her dreams: to raise a doctor, an engineer, a military general and an athlete. But as the coronavirus pandemic swept over Russia, bankrupting businesses and families, Yekaterina Gorbunova, Continue Reading
Russians appeared to have paved the way for Vladimir Putin to stay in power until 2036 by voting overwhelmingly for a package of constitutional changes which will also boost pensions, Continue Reading
Companies linked to hospitality, travel and retail in Britain have announced thousands of more job cuts as the longer-term consequences of the COVID-19 pandemic take hold, choosing to slim down Continue Reading
Plans by Airbus to cut 1,700 UK jobs will affect its operations across Britain including its two biggest factories, the Unite union said on Tuesday, as it re-iterated a call Continue Reading
Low levels of radiation spotted in northern Europe may have come from a malfunctioning nuclear power plant in western Russia . Nuclear safety officials from Finland, Norway and Sweden have Continue Reading
Norway’s Equinor said July 1 it is leading a project in the UK to develop one of the world’s first “at-scale” facilities to produce hydrogen from natural gas in combination Continue Reading
Russia is sending reinforcements to Libya to help military leader Khalifa Haftar, who is on the defensive after a failed effort to topple the country’s United Nations-backed government, as Moscow Continue Reading
Despairing of finding enough beds for patients stricken with the coronavirus, a nurse in the Siberian city of Irkutsk has been forced to begin taking people to a village hospital Continue Reading
The European Union is set to make public Tuesday a list of countries whose citizens will be allowed to enter 31 European countries, but most Americans are likely to be Continue Reading
Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S. manufacturer Boeing. Norwegian said in a statement it had terminated the purchase Continue Reading
There was a sharp fall in consumer spending at the end of March, the ONS said The UK economy shrank more than first thought between January and March, contracting 2.2% Continue Reading
Airbus ( AIR.PA ) plane output will be 40% lower for two years compared to pre-crisis plans, its chief executive said in remarks published on Monday, underscoring the threat to Continue Reading
European refiners are shunning Russia’s flagship crude grade Urals, which is now more expensive than Brent Crude after Russia cut its exports as part of the OPEC+ agreement, oil traders Continue Reading
Russia’s Gazprom is considering, with Chinese partners, increasing the capacity of its Power of Siberia gas pipeline to 44 Bcm/year from the current design capacity of 38 Bcm/year, CEO Alexei Continue Reading
European Union countries failed to settle on Friday on a final “safe list” of countries whose residents could travel to the bloc from July, with the United States, Brazil and Continue Reading
Russia’s $1.6 trillion economy is going to be dealt another blow when a moratorium is lifted on companies filing for bankruptcy. The measure, which was a condition of government pandemic support, Continue Reading
Delta Air Lines was hoping to restart flights next month from New York to Athens and Lisbon, two popular summer destinations, but it will probably have to wait a little Continue Reading
At least two Russian banks are lending some $6 billion to the oil industry to drill new wells that could add 200,000 bpd to the country’s production quickly. It is Continue Reading
Close to 20,000 new cases are being recorded daily in the WHO’s European region Europe has seen an increase in weekly cases of Covid-19 for the first time in months Continue Reading
European Central Bank President Christine Lagarde said the recovery from the coronavirus pandemic will be “restrained” and will change parts of the economy permanently. While the worst of the crisis Continue Reading
The pick up in euro-area economic activity after the lifting of lockdowns in June is doing little to change the picture of a long, slow recovery and rising unemployment. The Continue Reading
Russian citizens are set to begin voting on constitutional changes that could allow President Vladimir Putin to remain in office for years to come, potentially cementing his hold on power Continue Reading
Russia on Wednesday reported 7,176 new cases of the novel coronavirus, pushing its nationwide case total to 606,881, the world’s third-highest tally. The country’s coronavirus crisis response centre said 154 Continue Reading
As Europe prepares a multi-billion-dollar blitz to cut greenhouse gas emissions, a race is on to cash in on the green transformation of its most-polluting member. Poland, which currently relies Continue Reading
Russia is offering Mohammed bin Salman a slew of beneficial deals in order to lure Saudi Arabia away from the U.S. and into Putin’s sphere of influence. Saudi Arabia is Continue Reading
Russia’s Energy Minister believes crude oil demand could fully recover to pre-COVID levels by 2021 This statement came after the head of Russia’s sovereign wealth fund said there was no Continue Reading
A majority in the Danish parliament has signed an ambitious climate agreement seeking to reduce greenhouse gas emission by 70% by 2030 on a 1990 baseline, the Ministry of Climate Continue Reading
A Siberian town with the world’s widest temperature range has recorded a new high amid a heat wave that is contributing to severe forest fires. The temperature in Verkhoyansk hit Continue Reading
Highlights Sees Russian oil, gas companies cutting budgets by 10%-20% Does not see gas prices going negative for sustained period Moscow — The Russian energy ministry expects the average Urals Continue Reading
European shares slipped on Monday as signs of a resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis. Continue Reading
Britain, France and Germany said on Friday they would not back U.S. efforts to unilaterally trigger the reimposition of United Nations sanctions on Iran, but said they wanted talks with Continue Reading
A prolonged heatwave in Siberia is “undoubtedly alarming”, climate scientists have said. The freak temperatures have been linked to wildfires, a huge oil spill and a plague of tree-eating moths. Continue Reading
Sweden—the country that brought the world 17-year-old climate activist Greta Thunberg—is aiming to zero out greenhouse gases by 2045. To reach that goal, it’s ramping up wind energy. The country Continue Reading
Gasoline production at Russia’s oil refineries slumped to the lowest level in 15 years in May as the country curtailed crude oil production as part of the OPEC+ deal and Continue Reading
Russian premium unleaded gasoline 95 RON climbed to a record high on June 18 on the back of a rebound in driving to levels before the coronavirus pandemic took hold. Continue Reading
Industrial output in Russia fell last month, largely as a result of the crude oil production cuts that Russian oil companies had to implement following the April agreement by OPEC+ Continue Reading
The leader of the non-OPEC group of the OPEC+ pact, Russia, is showing an unprecedented commitment to the ongoing record collective production cuts by almost complying with its share of Continue Reading
Sweden has made less progress than expected in achieving immunity to the coronavirus, according to its state epidemiologist. After leaving schools, shops and restaurants open throughout the pandemic, contagion rates Continue Reading
Chancellor Angela Merkel’s cabinet signed off on plans to raise another 62.5 billion euros ($70 billion) in debt to finance the country’s largest stimulus program in recent history. The proposal has Continue Reading
