Europe Energy

July 6, 2009

German Nuke Shutdown Reignites Debate

The Krümmel nuclear power station near Hamburg was shut down on Saturday after a fault in a transformer, blacking out most traffic lights in the German port city and ...

July 5, 2009

Obama's Russian Business Plan

When President Barack Obama arrives in Moscow for a highly anticipated summit from July 6-8, he will find a U.S.-Russia business relationship that has barely taken off...

June 30, 2009

Iraq's Oil-Field Auction Falls Short

Iraq's historic auction on June 30 of contracts to develop major oil fields has not gone according to plan. So far, only BP (BP) and Chinese partner CNPC have struck a...

June 29, 2009

E.ON Chief Urges EU-Wide Energy Policy

The German energy company Eon (EONGN.DE) is calling for a common European energy policy to ensure secure, climate-friendly and economically viable power supplies. The ...

June 26, 2009

Carbon Sequestration Stalls in Germany

Anyone who plans to travel to the North Sea resort island of Sylt in early July can expect to get stuck in long traffic jams. Just in time for the Saturday changeover ...

June 26, 2009

Muted Response on Svanberg's BP Post

BP (BP) has finally appointed a new chairman, surprising the City by announcing yesterday that it had poached Carl-Henric Svanberg, chief executive of Ericsson (ERIC),...

June 23, 2009

A Greener Solution to Air Conditioning?

Who hasn't wished for a nice, soothing air-conditioner on a hot summer's day in the office? Unfortunately, though, traditional air coolers have a nasty ...

June 17, 2009

Where Smart Money Is Going in Cleantech

The scenic Geneva lakeshore—complete with luxury houses and boutique fashion retailers—seems an odd place to tackle climate change. But in a five-star ...

June 17, 2009

Europe Mulls Huge Solar Project

An ambitious German-led project to supply Europe with solar energy from the deserts of North Africa will start with a meeting on July 13, an executive from the German ...

June 12, 2009

Who Is Winning the Race for the Arctic?

In the game Monopoly, players try to amass as much property as possible. The course of the game quickly becomes clear—whoever owns Boardwalk is on a winning ...

June 8, 2009

Amsterdam: A Smart City Goes Live

On the streets of Amsterdam last week, major changes were afoot. The first of 1,200 households were gearing up to install an energy-saving system aimed at cutting ...

June 2, 2009

EU Sees Drop in Carbon Emissions

Greenhouse gas emissions in the EU fell by 1.2 percent – or the equivalent of 59 million tonnes of CO2 – between 2006 and 2007, but a number of member ...

June 1, 2009

EU's Energy Policy a 'Big Failure'

Europe's energy policy in the past 50 years has been one of its biggest failures, but the bloc's increased dependency on Russia is pressuring member states to adopt a ...

May 28, 2009

Basking in Higher Prices, OPEC Holds Output Level

It's a warm spring day in Vienna, and OPEC delegates meeting in the former imperial capital seem more relaxed than they have been in months. There is less ...

May 26, 2009

BP Back on Collision Course over TNK

British Petroleum (BP) is heading for another potentially damaging showdown with its partners in its Russian subsidiary TNK-BP, less than a year after the chief ...

May 25, 2009

Tensions at EU-Russia Summit

Originally billed as an uneventful meeting on technical issues such as trade tariffs, the EU-Russia summit in the Far East on Friday (22 May) ended in open ...

May 22, 2009

Climate Change Summit: Green Investing Returns

Over the next five days, top names from the worlds of business and environment policy will gather in Copenhagen for the World Business Summit on Climate Change. From ...

May 22, 2009

Siemens Eyes Russian Nuclear Revival

Olga Kurochkina can hardly hide her delight at making her German guests squirm. She has just served them caviar and pirogies and is now triumphantly waving a document ...

May 22, 2009

Gazprom Woes May Hit European Consumers

With Gazprom's profits dwindling and its debt rising, supply contracts with EU countries could be renegotiated and pipeline politics are likely to sharpen, energy ...

May 18, 2009

Gas Pipelines: South Stream Gets a Boost

On May 15, Russia signed deals with Italy, Serbia, Bulgaria, and Greece, bringing the South Stream project, a major new gas pipeline to Europe, one step closer to ...

May 13, 2009

Europe's Overseas Push into Biofuels

Massive tracts of land in Africa, Russia and Ukraine are being bought up or leased by richer countries to ensure access to food and for production of biofuels—a ...

May 13, 2009

Britain Builds Largest Offshore Wind Farm

Plans to build the world's biggest offshore wind farm in the Thames Estuary have finally been given the go-ahead thanks to changes to the incentive scheme for ...

April 29, 2009

BP Profits Fall 62% on Lower Oil Prices

BP (BP) saw its profits slide by 62 per cent in the first quarter as recession hit demand and the oil price languished at less than half last year's level. Profits ...

April 28, 2009

Can the U.S. Make Vestas' Windmills Spin?

A lot is riding on the $787 billion U.S. stimulus package, especially for renewable energy. Under the Obama Administration's plan, some $80 billion worth of incentives...

April 28, 2009

U.S. Goes Neutral on Eastern Gas Pipelines

An energy summit in Sofia over the week-end fell short of specifically backing Nabucco, Europe's planned new gas pipeline, or South Stream, its Russian rival, with the...