Energy Policy in the EU

Latest business news about Energy Policy in the European Union

EU still far from agreeing biofuel standards — 07 May 2008, 22:41 CET

The European Union remains far from agreeing on how to tighten its rules for using biofuels, amid growing opposition towards such forms of energy.

Euro-parliament committee for splitting electricity groups — 07 May 2008, 11:29 CET

A key panel at the European Parliament voted late on Tuesday in favour of requiring power companies to split their generation businesses from their transmission networks.

Biofuels answer to climate change, say UN, EU officials — 06 May 2008, 17:27 CET

Biofuels must be developed more selectively to prevent competition with food-related crops, but they are still an answer to climate change, United Nations and European Union officials said on Tuesday.

EU rules out linking Russia up to Nabucco pipeline — 05 May 2008, 20:56 CET

The European Commission ruled out on Monday the possibility of linking Russia up to the Nabucco gas pipeline, stressing that Europe would stick to its aim of diversifying EU supplies.

EU biodiesel lobby urges anti- dumping probe into US exports — 27 April 2008, 12:27 CET

A European biodiesel lobby called for an EU investigation Friday into subsidised exports of US biodiesel, which it said were undermining the industry in Europe.

Europe builds a sustainable future with fusion — 24 April 2008, 19:03 CET

ITER, a joint international research project, will attempt to reproduce on Earth the nuclear reactions that power the Sun and other stars. To test whether this is possible, plasma turbulence simulation and modelling tools are being developed, but these require a huge amount of computing power to process data. This is where EUFORIA, a EUR 3.65 million EU-funded project, comes in. It aims to link computers from all over Europe and harmonise the simulations made in various areas of fusion.

EU must stand up to Russian energy pressure: parliament chief — 24 April 2008, 18:17 CET

The EU must prevent resource-rich Russia putting undue pressure any of the bloc's 27 member states, the president of the European Parliament warned Thursday.

Germany backs EU biofuels targets — 23 April 2008, 18:22 CET

Germany does not want to change the EU's goal of boosting the use of biofuels in cars, a senior official said Wednesday, despite criticism that this may further fuel the global rise in food prices.

Oil price hits record high 118.45 dollars — 22 April 2008, 18:14 CET

Oil prices rocketed to historic highs above 118 dollars on Tuesday, lifted by the tumbling dollar, unrest in Nigeria and OPEC's reluctance to increase output, traders said.

Public consultation on the possible revision of the existing legislation on emergency oil stocks — 22 April 2008, 14:43 CET

The European Commission has launched an online consultation to ascertain the views of interested parties on the possible revision of the existing legislation on emergency oil stocks.

EU begins consultation on updating oil stocks regime — 23 April 2008, 10:29 CET

The Commission has launched a public consultation exercise on revising its emergency oil stocks system, amid soaring oil prices and growing concerns over the reliability of supplies.

Oil prices ease only slightly as producers warn on high prices — 22 April 2008, 10:44 CET

World oil prices eased only slightly in Asian trade on Tuesday after once again crashing through record highs and as producers warned sky-high values are here to stay.

Bulgaria asks double compensation for reactors' closure — 20 April 2008, 22:21 CET

Bulgaria has asked the Commission to double compensation funds for its closure of four reactors at the Kozloduy nuclear power plant, says Energy Minister Petar Dimitrov.

EU struggling to reduce dependence on Russian gas — 20 April 2008, 22:34 CET

Despite efforts to diversify its energy suppliers, the European Union is struggling to reduce its dependence on Russian gas as Moscow repeatedly outmanoeuvres the bloc.

Red-hot oil prices continue higher — 18 April 2008, 11:14 CET

Soaring oil prices continued higher in Asia on Friday, trading above 115 dollars on the back of a weakening US dollar that has helped drive a series of record highs.

Oil and gas stockpiling 'key to energy security' — 17 April 2008, 13:31 CET

Asia's top security forum should consider building strategic oil and gas stockpiles as part of efforts to ensure steady supplies in emergencies, officials recommended on Thursday.

Europe launches first procurement for ITER — 16 April 2008, 23:06 CET

Fusion for Energy (F4E), the agency responsible for Europe's contribution to the international experimental thermonuclear reactor (ITER), is expected to unlock new business opportunities for industry with the launch of its first ever procurement.

EU close to reaching energy deal with Iraq — 16 April 2008, 19:25 CET

The European Union and Iraq are close to signing an energy cooperation deal, EU Commission chief Jose Manuel Barroso said on Wednesday, as Europe strives to reduce dependence on Russian oil and gas.

Turkmenistan: gas export offer seen as 'breakthrough' by EU — 16 April 2008, 00:13 CET

The European Union says Turkmenistan has made its first-ever serious gas export offer to Europe.

Nuclear power has important role in reducing CO2: Brussels — 15 April 2008, 17:44 CET

EU Energy Commissioner Andris Piebalgs on Tuesday stressed the "important role" played by nuclear power in providing Europe's energy needs and helping reduce greenhouse gas emissions.

EU carbon trading could hurt European energy industry: Shell chief — 15 April 2008, 00:51 CET

Plans to make business pay for carbon permits previously distributed for free in the European Union's carbon-trading system could hurt the bloc's energy industry, the chief executive of Shell said in an interview released Monday.

EU defends biofuel goals amid food crises — 14 April 2008, 16:38 CET

The Commission rejects claims that producing biofuels is a "crime against humanity" that threatens food supplies, and vows to stick to its goals as part of a climate change package.

EU's Ferrero-Waldner meets Saudi oil minister — 14 April 2008, 14:11 CET

EU External Relations Commissioner Benita Ferrero-Waldner met Saudi Arabian Oil Minister Ali Al-Naimi on Monday as part of a Gulf tour also taking in Bahrain and Qatar, state media reported.

Turkmenistan to supply 10bcm of gas to EU from next year — 14 April 2008, 22:33 CET

Turkmenistan will supply 10 billion cubic metres (bcm) of gas annually from next year to the European Union, which has been worried about over-dependence on Russian energy, officials said on Monday.

Turkmenistan agrees to supply EU with gas: France — 10 April 2008, 21:48 CET

Turkmenistan has agreed to supply gas to the European Union, French Foreign Minister Bernard Kouchner said here Thursday at the end an EU-Central Asian summit.