Industry executives warn that Europe’s energy crisis could last years
New warnings from industry executives and analysts say Europe’s energy crisis risks lasting years if conditions persist.
energy crisis
Union strikes in France lead to 60% of refining capacity being taken off line, ExxonMobil temporarily limits supply to customers in France
A strike at ExxonMobil over pay in France has led to the company having to temporarily limit the supply of refined petroleum products to its customers in France.
energy
The European Central Bank says it will not provide financing for European energy firms
The President of the European Central Bank said that it will not be providing short-term financing lines to struggling European energy firms amid the energy crisis.
Europe
European Union parliament votes to back green labeling rules for gas and nuclear energy investments, labeling them as climate-friendly
On Wednesday, July 6, the European Union parliament voted to adopt green energy labeling proposed rules which would label certain energy projects as climate-friendly investments.
Europe
Europe told to prepare for Russia to cut all gas exports “immediately” by the International Energy Agency
The head of the International Energy Agency (IEA) said the region must prepare immediately for all gas exports to be cut from Russia this winter.
electric vehicle
EU votes in favor to ban the sale of new petrol and diesel cars by 2035
On June 8, European Parliament lawmakers voted to support a ban on the sale of new petrol and diesel cars by 2035 in the EU.
energy
Germany set to oppose labeling nuclear energy as a climate-friendly investment in the EU
The European Union’s largest economy is set to oppose the EU plan to include nuclear energy as a sustainable investment for labeling green investments.
Europe
Trudeau says Canada will be an energy partner with Europe but also said Canada needs to transition away from fossil fuels
During a visit to Ukraine, Canadian Prime Minister Justin Trudeau said that Canada seeks to be “good partners on energy with our European friends but we’re never slowing down in our fight against climate change,”.
Europe
EU energy ministers hold energy crisis talks amid Russia cutting supply to some EU countries
On Monday, May 2, 2022, energy ministers from countries within the European Union held emergency energy talks amid Russia’s demand that buyers must pay for energy supplies in roubles or the gas supply will be shut off.
Europe
May Day rioters destroy storefronts in Paris
Every year on May 1, primarily left-wing activists all over the world protest in the name of “workers”.