Keywords: European energy
Six European Union countries are calling for the creation of a bloc-wide mechanism to tax windfall profits generated by oil companies as disruptions in the Strait of Hormuz push energy prices higher and increase concerns over supply security. Finance ministers from Germany, Italy, Austria, Poland and......
Greece has warned that tighter European Union sanctions on Russian liquefied natural gas could unintentionally benefit non-European competitors and reduce Europe’s influence in the global LNG market. Athens raised concerns over a proposed sanctions package targeting Russia, arguing that restrictions......
The head of the International Energy Agency (IEA) has urged the European Union to reconsider its opposition to new oil and gas exploration in the Arctic, arguing that long-term energy security should play a greater role in shaping the bloc's future energy strategy. The appeal comes as European policymakers......
France has recorded its highest-ever electricity exports for the first six months of a year, reinforcing its position as one of Europe's leading suppliers of low-carbon power and highlighting the competitiveness of its electricity generation fleet. According to figures released by RTE, the country's......
European utility company Premier Energy has announced an agreement to acquire a major electricity distribution network in Romania from Macquarie Group in a deal valued at approximately $824 million. The transaction involves the purchase of assets linked to Evryo Group, including control over a key regional......
Hungarian energy group MOL Group has lodged a complaint with the European Commission regarding the pricing policy of Croatian pipeline operator Jadranski Naftovod. The complaint concerns what the company describes as excessive transportation fees applied to crude oil shipments through the Adriatic pipeline......
The euro weakened for a fourth consecutive session on Thursday, sliding to its lowest level of 2026 as the U.S. and Israeli military campaign against Iran continued to disrupt global energy markets and weigh on Europe’s energy dependent economy. The European Central Bank’s reference rate......
European natural gas prices climbed above 32 euros per megawatt-hour on January 13, 2026, marking their highest level since early November 2025. This spike stemmed from a harsh cold wave, rapidly depleting storage levels, and lingering geopolitical tensions rattling energy markets. The benchmark Dutch......
European leaders convened this week to strategize a path forward on the continent’s escalating energy crisis, as soaring prices and dwindling supplies continue to pressure both households and industries. The summit, held in Brussels, brought together heads of state from across the European Union......
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