The Nord Stream pipelines, which transported natural gas from Russia to European markets via Germany, were severely damaged last September after blasts in the Baltic Sea Rome, Italy | Xinhua | Three European countries looking into the details surrounding last September’s Nord Stream pipelines explosion said on Tuesday they are not …
Read More »Challenges remain despite gas prices drop in Europe
Natural gas prices in Europe have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine Rome, Italy | Xinhua | Helped by mild winter weather and high storage, prices for natural gas in the European Union (EU) have now settled back to levels seen before …
Read More »EU should re-examine green transition plans, says energy expert
EU aims at reducing natural gas consumption by 30 percent by 2030, with the ultimate goal of reaching climate neutrality by 2050 Nicosia, Cyprus | Xinhua | The European Union (EU) will have to re-examine its commitment to cut the use of fossil fuels by 30 percent and reach a target of …
Read More »EU faces potential natural gas shortage in 2023: IEA
Brussels, Belgium | Xinhua | The European Union (EU) could face a shortfall of nearly 30 billion cubic meters (bcm) of natural gas in 2023, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday. He presented a report titled “How to avoid gas shortages in the European …
Read More »Europe could risk gas shortage in 2023: IEA
Paris, France | Xinhua | Europe could face a shortage of as much as 30 billion cubic meters (bcm) of natural gas during the key summer period for refilling its gas storage sites in 2023, the International Energy Agency (IEA) warned on Thursday. “Europe needs to take immediate action to avoid …
Read More »Putin offers additional gas supply to Europe
Moscow, Russia | Xinhua | Russia is ready to deliver additional volumes of natural gas to the European Union in the autumn-winter period, President Vladimir Putin said Wednesday. One of the two branches of the Nord Stream 2 pipeline has survived the recent leak incident and Russia is willing to send …
Read More »It is early to say no to oil and gas: TotalEnergies
Kampala, Uganda | THE INDEPENDENT | Patrick Pouyanné, CEO of TotalEnergies says the current energy market disruptions have reinforced the necessity of dialogue on a global basis about the energy transition. Pouyanné in a statement said with the increased penetration of renewables globally, natural gas keeps a key role in the energy …
Read More »Adopt cheaper, clean energy sources: MPs
Kampala, Uganda | THE INDEPENDENT | Parliament has questioned government’s continued investment in thermal energy as opposed to other cheaper and clean sources of energy. During the Tuesday, 09 August 2022 plenary sitting, Members of Parliament urged government to adopt sustainable renewable sources of energy which are environmentally friendly, efficient and less …
Read More »EU member states agree to cut off 15 pct of their gas demand
Member states agreed to reduce their gas demand by 15 percent compared to their average consumption in the past five years Brussels, Belgium | Xinhua | European Union (EU) member states have reached a political agreement on a 15 percent voluntary reduction of natural gas demand from the average of 2017-2021, …
Read More »European countries turn back to coal as sanctions on Russian energy backfire
Berlin, Germany | Xinhua | Many European countries are considering turning back to coal to secure energy supplies as gas supplies from Russia slump amid EU sanctions in recent weeks. Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures …
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