Germany and France, the euro area’s two largest economies, both saw unexpected declines in industrial production in February, suggesting that coronavirus restrictions are increasingly harming parts of the economy that Continue Reading
Chancellor Angela Merkel supports demands for a short, tough lockdown in Germany to curb the spread of the coronavirus as infection rates are too high, a German government spokeswoman said Continue Reading
Norway’s $1.3tn oil fund has made its first investment in renewable infrastructure, shrugging off concern about the recent prices paid for wind power projects, as its chief executive said he Continue Reading
Hydro is exploring the potential for developing and operating hydrogen facilities to meet large internal demand as well as serving an external market, leveraging the company’s industrial and renewable power Continue Reading
Russia is slashing its estimates for domestic crude oil, gas, and coal production for 2021 and 2022, according to the latest amendments in the government’s program for energy development. As Continue Reading
The calendar may say April, but the atmosphere is saying February across much of Europe and northern Africa. A potent cold blast, accompanied in some spots by a rare late-season Continue Reading
Liquefied natural gas deliveries expanded the most in a year as Asia and Europe refilled inventories drained over the winter, and as pandemic-ravaged economies slowly begin to reopen. Imports jumped Continue Reading
It is rather rare to see enthusiasm for completely new exploration projects in Europe. The overwhelming majority of OECD countries are either in terminal decline or are looking into ways Continue Reading
France’s economy will rebound less than previously expected this year due to the latest four-week nationwide lockdown aimed at halting a surge in coronavirus cases. French Finance Minister Bruno Le Continue Reading
More than a year after the start of the pandemic, Europe is enduring a grim spring. Covid-19 infections, hospitalizations and deaths are rising in many countries as the continent grapples Continue Reading
