Europe’s Largest LNG Unit Restarts
Equinor’s Hammerfest LNG unit in Norway has been restarted after a September 2020 fire took it offline, the company reported on Friday. The unit is capable of producing 4.65 million Continue Reading
EU Plans For Gas Supply Interruptions
The European Union is drafting contingency plans in case of natural gas supply interruptions, the Financial Times has reported , citing the European Commissioner for Energy, Kadri Simson. According to Continue Reading
Russian gas phaseout and the future of Europe’s power generation
Russia’s invasion of Ukraine has triggered a shift in European power production sources and forced the governments to rethink their long-term energy policies. The European Union is now on track Continue Reading
EU can agree Russia oil embargo, or seek alternative, Germany says
The European Union can still strike a deal on a Russian oil embargo in the coming days or look to “other instruments” if no agreement is reached, Germany’s economy minister Continue Reading
EU Working on Gas Deal With Egypt, Israel to Shore Up Supplies
The European Union is working on a deal to import Israeli gas through Egypt as the bloc rushes to reduce its reliance on Russian supplies. The fuel would be converted Continue Reading
The EU Needs More Than $1 Trillion For Plan To Ditch Russian Oil And Gas
The EU’s ambitious plan to reduce its dependency on Russian fossil fuels is going to require at least €1 trillion in investment. In order to achieve the goals they have Continue Reading
EU Studies Spain-Italy Gas Pipeline To Cut Russian Dependence
The European Union is considering the idea of a construction of an offshore gas pipeline between Spain and the Italian coast in Tuscany to reduce the EU’s reliance on Russian Continue Reading
EU plans first joint gas buying before winter
The European Union plans to start jointly buying gas before winter, the bloc’s energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and Continue Reading
German economy minister expects EU embargo on Russian oil ‘within days’ -ZDF
The European Union will likely agree an embargo on Russian oil imports “within days,” Germany’s economy minister said on Monday, but making a dent in Russia’s war chest may require Continue Reading
EU reveals its plans to stop using Russian gas
The European Commission has given more details on how it plans to end Europe’s dependence on Russian fossil fuels. Russia supplies 40% of the EU’s natural gas and 27% of Continue Reading