The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecast by 12.7 percent, data from the Continue Reading
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric Continue Reading
Germany has agreed to compensation of about 40 billion euros ($45 billion) for affected regions, workers and companies as part of plans to end its use of brown coal in Continue Reading
A top German utility said it would eliminate thousands of jobs tied to the country’s phase-out of coal, as the government pledged nearly €50 billion in aid to German regions, Continue Reading
Poland is to amend the 10-H distance law for onshore wind projects in the first half of this year, the country’s development minister Jadwiga Emilewicz said Thursday. Receive daily email Continue Reading
Germany’s economic growth slumped to a six-year low in 2019 as the export powerhouse faced challenges in its flagship car industry, persistently slowing Chinese growth and global trade conflicts, a Continue Reading
Russia’s political order, largely unchanged since the early 1990s, was thrown into feverish uncertainty on Wednesday after President Vladimir V. Putin proposed sweeping constitutional changes that could extend his hold on Continue Reading
The year has started well for Russia when it comes to energy. Two large energy projects have been finished, Turk Stream and Power of Siberia, and the third, Nord Stream Continue Reading
The European Commission is willing to approve national government aid to coal plant operators for closing early, and to manufacturers to decarbonize their production, to support the EU’s 2050 carbon Continue Reading
Russian energy minister Alexander Novak, a key figure in the country’s alliance with OPEC, is to resign along with the rest of the Russian government, after an announcement issued by Continue Reading
