Energy
Shell sees 2024 global demand for aviation fuel return to level before pandemic
Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 mln tonnes per year in the next one…
German utilities close to long-term LNG deals with Qatar
German energy companies RWE and Uniper are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar's North Field…
Von der Leyen proposes crisis measures to curb energy price spike
The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits…
Germany, EU race to shore up struggling energy firms
Germany said on Tuesday it aimed to expand lending to energy firms at risk of being crushed by spiralling gas prices, the…
EU countries can use 225 bln euros of EU loans for energy crisis
European Union countries can use 225 billion euros in untapped loans from the EU's recovery fund to address energy problems and other…
EU eyes levy on fossil fuel firms to help consumers survive energy crisis
Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a…
EU to claw back energy firms’ profits rather than cap Russian gas price
EU energy ministers on Friday tasked the European Commission to press ahead with a cap on the revenues of non-gas power producers…
UK weighs huge support package as Europe battles energy crisis
Britain's new prime minister was working on what looks set to be Europe's biggest energy crisis support package so far as countries…
Italy to cut gas consumption to weather energy crisis
Italy plans to turn down the heating in homes and businesses to help cut gas consumption by around 5.3 billion cubic metres…
Czech EU presidency says two proposals exist for setting maximum energy prices
PRAGUE (Reuters) - There are two proposals in the European Union on how to set maximum prices on energy that the bloc's…
Germany keeps two nuclear reactors on standby to weather gas crisis
Germany plans to keep two of its three remaining nuclear power stations on standby, beyond a year-end deadline to ditch the fuel,…
Gazprom says Nord Stream 1 resumption depends on Siemens Energy
Russian natural gas pipeline Nord Stream 1 will not resume shipments until Siemens Energy ENR1n.DE repairs faulty equipment, Gazprom’s Deputy Chief Executive…