On the anniversary of its invasion, Ukraine's use of renewables is an example for Europe, argue Razom We Stand and CAN Europe.
The European Union pledged to wean itself off Russian pipeline gas following the start of the Ukraine war. It reduced pipeline imports to 31 billion cubic metres last year, compared to 150 Bcm in 2021, the year before the invasion of Ukraine, according to Brussels-based research institute Bruegel.
Colder winters in North America and Europe have erased all the surplus inventories stockpiled after the previous two milder winters
In its 16th package of economic measures levied in retaliation for Russia’s war against neighbour Ukraine, the European Union (EU) has nearly doubled its number of sanctioned vessels and added targeted sanctions against companies the bloc says are aiding in circumvention of existing sanctions.
Europe remains committed to sanctions on Russia despite ongoing U.S.-Russia peace talks, aiming to fully eliminate Russian fossil fuel imports by 2027
The CEO of Vitol, a prominent global energy trading firm, expressed concerns on Wednesday about the escalating prices of LNG in Europe.
“We need more LNG because we’re phasing out Russian gas, so this clearly an area we can do lots together,” Šefčovič said in Washington. “If you have to resolve a ($52.3 billion trade ...
The global LNG market is expected to remain tight until 2027, when a wave of new projects in Qatar, the US and elsewhere will bring fresh supply online