Category: Europe

Germany CEOs lament lost innovation amid fracking angst

The country that invented the modern car and X-ray technology is adding fracking to the list of innovations it’s wary of.  More »

Bulgaria halts work on Gazprom gas pipeline

Bulgaria’s prime minister has ordered on Sunday a halt to construction work on the Gazprom-led South Stream pipeline project planned to bypass Ukraine as a transit country and consolidating Russia’s energy grip in Europe.  More »

Big blaze at Shell chemical plant in Netherlands

People across a wide area reported hearing blasts and could see flames soaring into the night sky.  More »

Russia gives Ukraine more time to reach gas deal

Russia has extended the deadline for Ukraine to pay its multibillion-dollar natural gas bill until next Monday, as mediated talks continue aimed at resolving a price dispute.  More »

Repsol wins approval for $10B project off Spain

Repsol SA won government approval to start a $10 billion oil drilling project off Spain’s Canary Islands, signaling success in its 12-year campaign to start exploration near the Atlantic archipelago.  More »

Shell may boost internal carbon price as emission rules tighten

Royal Dutch Shell Plc may boost the internal carbon emissions price it uses for planning new projects if governments tighten climate rules, according to an executive in its emissions unit.  More »

EU eyes plan to diversify energy but no easy fixes

The European Union’s executive has proposed a strategy to secure the bloc’s energy supplies — and notably reduce its reliance on Russia — by seeking new supplies from the Caspian Sea, the Mediterranean, and increasing use of transportable Liquefied Natural Gas, or LNG.  More »

Europe’s Russian gas addiction skews sanctions debate

European leaders, while calling Ukraine’s May 25 presidential election a success, are still facing a deeper dilemma: how to free their countries from an addiction to Russian energy.  More »

Possible solution found in Ukraine gas dispute

EU Energy Commissioner Guenther Oettinger stressed “we are not done” but said he is optimistic of an agreement.  More »

UK says South England holds billions of barrels of shale oil

Shale rock underneath some of the wealthiest counties in southern England may contain billions of barrels of oil, a new government report said.  More »

US wood pellet exports double on British demand surge

U.S. wood pellet exports doubled to 3.2 million short tons last year, from 1.6 million tons in 2012, led by demand from the U.K.  More »

Biden visits Cyprus as gas fuels reunification talks

Vice President Joe Biden is the most senior U.S. official in more than half a century to visit Cyprus as the search for alternative gas-supply routes into Europe draws international attention to the divided island.  More »
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