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Norwegian sovereign wealth fund posts $76.4B profit in Q3

Norwegian sovereign wealth fund posts $76.4B profit in Q3

- World's largest sovereign wealth fund reaches $1.7 trillion market value

23.10.2024 Finance

TotalEnergies invests in Japan's 1st low-carbon hydrogen fund

TotalEnergies invests in Japan's 1st low-carbon hydrogen fund

- French company is sole non-Japanese investor in Japan's fund launched with initial endowment of over $400 million

13.09.2024 Renewable

Africa’s civil society groups skeptical about Loss and Damage Fund announced at COP28 climate change summit

Africa’s civil society groups skeptical about Loss and Damage Fund announced at COP28 climate change summit

04.12.2023 analysis

With new member Brazil, OPEC+ eyes increased market share, prices

With new member Brazil, OPEC+ eyes increased market share, prices

- During their latest ministerial meeting on Thursday, group not only endorses its previous production cuts but also adds voluntary cuts from several members

02.12.2023 Oil Upstream Regulation International Organization

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

- Group did not elaborate on whether voluntary cuts would continue or not from January onward

30.11.2023 Oil Finance Upstream Stock Market Oil

France, Japan ink nuclear cooperation deal

France, Japan ink nuclear cooperation deal

- Deal committed to strengthening collaboration in exploration of next-generation nuclear technology, including sodium-cooled fast reactors, says French Energy Ministry

04.05.2023 Nuclear International Relations Europe Asia

European leaders vow to boost North Sea green energy production

European leaders vow to boost North Sea green energy production

- Leaders pledge to aim for 120GW of offshore wind capacity by 2030 in North Sea, northern seas

25.04.2023 Renewable International Relations Europe

40% of gas stations in Paris region suffer from supply issues

40% of gas stations in Paris region suffer from supply issues

- Workers strike in oil refineries to protest government pension reform caused shortages

12.04.2023 General

Global economic recovery endures but road getting rocky: IMF

Global economic recovery endures but road getting rocky: IMF

- Gradual recovery remains on track for globe, says agency

12.04.2023 Energy Diplomacy General

Trump says world's 'biggest problem' is 'nuclear warming'

Trump says world's 'biggest problem' is 'nuclear warming'

- 'All it takes is one madman...and it's only a matter of seconds,' says former US president

12.04.2023 Electricity Nuclear

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Russia fails at UN Security Council to get resolution adopted for Nord Stream inquiry

Russia fails at UN Security Council to get resolution adopted for Nord Stream inquiry

- Russia, China and Brazil vote in favor of draft resolution while remaining 12 council members abstain

28.03.2023 World

France's 2022 electricity generation at lowest in 30 years: Report

France's 2022 electricity generation at lowest in 30 years: Report

- Country became net electricity importer for the first time since 1980, electricity network RTE says

17.02.2023 Electricity Europe

Energy crisis in Europe prompts creative measures

Energy crisis in Europe prompts creative measures

- Politicians suggest measures to save energy, including ditching neckties and taking showers together

23.12.2022 World Europe

EU opens the door to funding hydrogen corridor between France, Spain, Portugal

EU opens the door to funding hydrogen corridor between France, Spain, Portugal

- ‘Iberian Peninsula is set to become one of Europe’s major energy hubs,’ said von der Leyen

09.12.2022 Projects Energy Diplomacy Europe

BarMar pipeline 'positive' for European energy security, but won’t address current crisis: Expert

BarMar pipeline 'positive' for European energy security, but won’t address current crisis: Expert

- Project sends signal to others that Europe will plan its energy networks to operate without Russian gas, says Peter Fraser

09.12.2022 Energy Diplomacy Europe

France plans nationwide power cut test on Friday

France plans nationwide power cut test on Friday

- It will be tabletop simulation visualized on maps, no actual power cuts will occur during test

09.12.2022 Electricity Europe

Power cuts hit several Paris districts amid technical fault

Power cuts hit several Paris districts amid technical fault

- Around 125,000 households were affected at height of incident

09.12.2022 Electricity Europe

France, Ireland sign deal for underwater electricity connection

France, Ireland sign deal for underwater electricity connection

- In current situation, European energy infrastructure has become more important than ever, says European energy commissioner

25.11.2022 Electricity Europe

New French law seeks to cover large parking lots with solar panels

New French law seeks to cover large parking lots with solar panels

- New law imposes tough penalties for non-compliance worrying large retailers

18.11.2022 Renewable Solar Europe

French energy crisis sends Macron's popularity plummeting to 36%

French energy crisis sends Macron's popularity plummeting to 36%

- Energy crisis, gasoline shortages and strikes are weighing heavily on French president's popularity

21.10.2022 Natural Gas Oil Energy Diplomacy Europe

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France bars illuminated advertising in event of threatened power supply

France bars illuminated advertising in event of threatened power supply

- New energy conservation measure affects all advertisements, including at airports, train stations, and public transport stops

19.10.2022 World Europe

Europe’s energy woes drag on as skyrocketing energy bills, strikes hit countries

Europe’s energy woes drag on as skyrocketing energy bills, strikes hit countries

- German health minister warns of hospital closures due to energy crisis as strikes in France continue

18.10.2022 Electricity Finance Energy Diplomacy International Relations

German chancellor defends €200B energy fund after criticisms from EU states

German chancellor defends €200B energy fund after criticisms from EU states

- Scholz says other countries also ‘do the same’ to protect citizens, dismisses criticisms that Berlin not showing solidarity with other EU members

05.10.2022 Electricity Natural Gas Energy Security International Organization Energy Projects Europe

Soaring energy costs worry Europe

Soaring energy costs worry Europe

- Slovakia’s economy at risk of ‘collapse,’ says premier, while rising energy costs are threatening many companies in Germany

29.09.2022 World Europe

France to start building new generation nuke plants before 2027

France to start building new generation nuke plants before 2027

- Announcement is part of French President Emmanuel Macron’s pledge to build 8 new nuclear plants to accelerate transition to renewable energy

27.09.2022 Nuclear World Europe

World’s largest wealth fund to decarbonize holdings by 2050

World’s largest wealth fund to decarbonize holdings by 2050

- Fund has clear financial interest in reaching goals of Paris Agreement

20.09.2022 Finance Europe General

French may face power cuts if winter is harsh, warns head of energy regulator

French may face power cuts if winter is harsh, warns head of energy regulator

- Targeted power cuts could take place for few hours, no cuts in gas supplies for households, says Emmanuelle Wargon

20.09.2022 Electricity Europe General

France faces power cuts of several hours a day in worst-case scenario: Operator

France faces power cuts of several hours a day in worst-case scenario: Operator

- France's national electricity operator RTE outlines several scenarios for coming winter amid worsening energy crisis

16.09.2022 World Europe

Satirical cartoon puts spotlight on France's energy crisis

Satirical cartoon puts spotlight on France's energy crisis

- Controversial Frenchman causes stir with new poster mocking President Macron

16.09.2022 World Europe

French EDF faces €29B hit to profits resulting from nuclear output decline

French EDF faces €29B hit to profits resulting from nuclear output decline

- Company expects lower nuclear output of 280-300 terawatt-hours in 2022 due to plant maintenance

16.09.2022 Nuclear Europe

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