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Germany's Scholz says more renewables key to lower industry costs

Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister.

read more... 08/05/2023

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UK Spring budget: Hunt announces $24bn for carbon capture and storage

UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.

read more... 17/03/2023

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Germany’s Scholz woos key gas supplier in Belgium

Belgian Prime minister Alexander De Croo will meet with German Chancellor Olaf Scholz on Tuesday morning in Zeebrugge, the site of a massive LNG terminal, to discuss energy supply.

read more... 15/02/2023

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Germany in talks with Iraq over possible gas imports

Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.

read more... 17/01/2023

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Austria, Croatia, Bavaria team up for Adriatic LNG project

In a bid to reduce dependence on Russian gas, Austria, Croatia and the German region of Bavaria announced an energy-political partnership during a visit by Austrian Chancellor Karl Nehammer and Bavarian Minister-President Markus Söder to Croatia’s liquefied natural gas (LNG) terminal in the northern Adriatic.

read more... 25/11/2022

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