Energy
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Italy clears Ludoil acquisition of Sicily refinery ISAB
Italy’s competition authority has cleared energy group Ludoil’s acquisition of Sicily-based oil refiner ISAB, paving the way for a local company to control about one-fifth of Italy’s refining capacity. Ludoil…
EU Commission stepping up coordination to avoid jet fuel shortage
The European Union (EU) on Wednesday announced a set of policy agendas aimed at easing the energy crisis triggered by the war…
EU needs energy union to compete with US and China, Eurogroup chief says
A European energy union is a prerequisite to other reforms that the European Union is planning to stay competitive against the U.S.…
ECB’s Stournaras says euro zone monetary policy will depend on size of energy disruption
European Central Bank policymaker Yannis Stournaras said on Monday that the appropriate euro zone monetary policy will depend on the size and…
Hot weather drives electricity consumption in Italy in July to + 4.5 %
In July, Italy's electricity requirements amounted to 31.3 billion kWh, an increase of 4.5% compared to July 2023. Griid operator Terna said…
Wind and solar energy overtake fossil fuels to provide 30% of EU electricity
Wind and solar power generate 30% of EU's electricity, reducing fossil fuel use and emissions. Shift to renewables accelerates.
Malta News Briefing – Sunday 21 July 2024
Morning Briefing Enemalta installs 14 generators to battle power cuts Enemalta has installed 14 diesel-powered generators in various locations across Malta to…
G7 commits to phasing out coal by 2035
The G7 countries have expressed their renewed commitment to the gradual elimination of coal-generated energy during the first half of the 2030s…
EU Parliament approves law to make buildings more energy efficient
BRUSSELS, (Reuters) - The European parliament approved a new law that requires member states to push the renovation of buildings to make…
EU 2030 wind target within reach thanks to investment, improved permitting, industry body says
By Nina Chestney LONDON (Reuters) - The European Union's wind power target for 2030 is within reach due to a rebound in…