No energy shortage, but a painful winter looms for Europe, top EU energy leader warns
Europe needs to protect consumers from another energy price shock while making fossil fuels less central to the economy. Emergency measures can soften the immediate blow, but Brussels is warning governments not to let short-term subsidies or tax...
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Source: Euronews
Europe needs to protect consumers from another energy price shock while making fossil fuels less central to the economy. Emergency measures can soften the immediate blow, but Brussels is warning governments not to let short-term subsidies or tax decisions undermine the green transition.
The war has choked shipping through Hormuz and disrupted Gulf exports. Qatar said it has continued to mediate between Washington and Tehran, warning that the fallout has now affected multiple sectors and not just energy.
The IEA says it could consider releasing more emergency oil stocks if supply disruptions worsen, although another release is not currently its top priority. Europe faces a difficult winter after spending more than €100bn extra on energy imports...
Hungarian and French tourism leaders say closer cross-border cooperation could create richer experiences for visitors, while better use of data and greater protection of nature are vital to the region’s future.
"It will cost 500 million euros," Economy Minister Giorgetti announced after Friday morning's cabinet meeting. The 25-cent discount due to end on 7 April, with tax credits extended to agricultural firms.
Over five million industrial robots now work in factories worldwide, the highest total ever recorded, even as Boston Dynamics shelves a stock listing and Chinese regulators slow a rush of humanoid IPOs, showing a widening gap between practical...
TotalEnergies will buy back $2.5 billion (€2.2bn) of its own shares in the fourth quarter, up from $1.5 billion (€1.3bn) authorised for the third, and raise its dividend by more than 5% a year through 2030, as high oil prices boost the French energy...
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