Plans due to be published by the European Commission on Wednesday could shave 45 billion euros ($47.3 billion) off the EU's fossil fuel import bill this year, according to the EU executive's analysis.

At best, the scheme, called the Affordable Energy Action Plan, shone a light on Europe's irrational tax systems. "High energy prices are damaging our ability to compete," the bloc's energy ...

Europe could need as many as 250 additional LNG cargoes to arrive in the summer to refill its inventories back up to 90%.

Although the requirements in the FuelEU Maritime and ReFuelEU aviation regulations already send a strong signal about future ...

European UGS facilities are currently 37.17% full (11.21 percentage points lower than the average as of this date in the past five years) MOSCOW, March 7. /TASS/. Gas reserves in Europe’s ...

The European Commission aims to accelerate demand for electric vehicles (EVs) in corporate fleets with an emphasis on ending tax breaks for petrol or diesel-powered company cars, according to a draft ...

0937 GMT – European natural-gas prices are back above 50 euros a megawatt hour after plunging more than 15% from the two-year high reached last week. In early trade, the benchmark Dutch TTF ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s natural gas sector is going back to the future. The continent has come a long way since Russia ...

State energy major Pemex typically sells most of its heavy crude and high-sulphur fuel oil (HSFO) for processing at U.S. Gulf ...