Keywords: Energy


IEA chief calls on EU to reassess Arctic drilling policy amid energy security concerns

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......

Federal Reserve warns inflation accelerated as tariffs, energy costs and AI investment fuel price pressures

The Federal Reserve has warned that inflationary pressures intensified during the spring, citing the combined impact of trade tariffs, higher energy costs linked to tensions in the Middle East and surging investment in artificial intelligence infrastructure. The assessment appears in the U.S. central......

EU set to launch in-depth antitrust review of Saipem-Subsea 7 merger

The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the......

Falcon advances Morocco battery ambitions with new pilot facility

Morocco has taken another step toward positioning itself as a global hub for battery materials with the launch of Falcon Energy Materials' pilot facility for coated, purified and spheroidized graphite (CSPG) in Jorf Lasfar. The Canadian company has officially moved from project planning to industrial......

Greece announces summer fuel price cuts after government deal with refineries

Greek Prime Minister Kyriakos Mitsotakis has announced a government agreement with major oil refineries aimed at reducing gasoline and diesel prices for consumers during the summer period. The measure is designed to limit the impact of rising energy costs linked to renewed tensions in the Middle East,......

Poland generates first power from Baltic Power, its first offshore wind farm

Poland has reached a major milestone in its renewable energy transition after its first offshore wind farm, Baltic Power, generated its first electricity, project partners Northland Power and Orlen announced on Friday. The landmark project, located in the Baltic Sea approximately 23 kilometers off the......

ECB faces renewed inflation challenge as US-Iran conflict pushes energy prices higher

The European Central Bank (ECB) is once again confronting mounting inflationary pressures as renewed hostilities between the United States and Iran drive energy prices higher, complicating the eurozone's monetary policy outlook. Speaking on Friday, Yannis Stournaras, a member of the ECB's Governing......

Rheinmetall and MBDA secure German navy contract to develop laser Weapon system

German defense company Rheinmetall and European missile manufacturer MBDA have signed a major contract to develop a laser weapon system for the German Navy, marking another step in Germany’s investment in next-generation defense technologies. The agreement, announced on Thursday, was awarded by......

Golfech nuclear reactor near Toulouse shut down due to rising river temperatures

A reactor at the Golfech nuclear power plant in southwestern France has been temporarily shut down due to the impact of extreme heat on the Garonne River, according to energy company EDF. The operator announced that reactor No. 2 at the facility, located around 90 kilometers from Toulouse, was taken......