Beatrice Bedeschi
Researchers warn the doubling down on long-term LNG deals in Europe threatens to derail decarbonization efforts.
Critics say the new windfall tax in Italy could slow energy transition efforts and ultimately undermine national decarbonisation targets.
EU energy ministers have been wrestling for months over the idea of capping gas prices.
A group of major investors led by activist shareholder Follow This have filed climate resolutions at four Big Oil companies.
Cepsa said it will invest US$3 billion in Spain in what is set to become Europe’s largest green hydrogen production hub and which industry sources see as a significant step towards establishing the economic viability of this resource.
Europe is facing a 27 billion cubic meter natural gas shortage in the winter of 2023-2024, the International Energy Agency warned on Monday.
Qatar is to supply LNG to Germany under a long-term deal which is already being criticised for doing little to address the current energy crisis while protracting the country’s dependence on gas despite decarbonisation goals.
Equinor is putting the Wisting oil project on hold amid rising costs, raising questions over the future of similar Norwegian oil and gas projects in the Arctic.
A growing number of European countries are looking to quit the Energy Charter Treaty, a controversial international accord that protects energy investments and that environmentalists say is jeopardizing climate transition efforts in member countries, sparking new hopes that the agreement might eventually be shelved.
