Sunday, July 13, 2025

European Union News

Gazprom and CNPC discuss future Russian Gas Supplies to China

Gazprom reported that the heads of Russia's Gazprom, and China's CNPC, discussed future Russian gas deliveries to China in Beijing during their talks. Moscow is seeking stronger ties with China…

Ember: Solar power tops EU energy mix for the first time in June

Data from the energy think tank Ember on Thursday showed that solar power became the largest source of electricity in the European Union for the first ever, surpassing wind and nuclear.

Andy Home: Metal smelting will be the next major mineral crisis for the West.

The impact of China’s export controls on rare earths has already caused global supply chains to reel, but a more critical mineral threat is imminent. Western metal smelters face a crisis.

French and Spanish operators form joint venture to develop hydrogen pipe

It announced on Thursday that French gas grid operator Natran (a unit of utility Engie) has formed a joint-venture to develop a trans-border hydrogen pipe with French storage operator Terega, and Spain's Enagas.

Andy Home: Metal smelting will be the next major mineral crisis for the West.

The impact of China’s export controls on rare earths has already caused global supply chains to reel, but a greater threat from critical minerals is imminent. Western metal smelters face a crisis.

Russian LNG exports dropped 4.4% year-on-year in January to June, according to data

LSEG's preliminary data on Wednesday showed that Russia's liquefied gas exports in the first six months of this year fell by 4.4% compared to a year ago, reaching 15.2 million metric tonnes.

GRAINS-Chicago corn and soybeans rebound from multi-month-lows

Analysts said that Chicago corn and soybeans futures rose from their multi-month lows on Friday, thanks to short covering and the weakening of the dollar. On Monday, grain market participants…

GRAINS - Chicago corn and soybeans rebound from multi-month-lows

Analysts said that Chicago corn and soybeans futures rose from their multi-month lows on Friday, supported by short cover and a declining dollar. On Monday, grain market participants…

Denmark warns EU not to stop green transition

The climate minister of Denmark said that European nations must not stop the green transition on the continent. His country is preparing to lead EU negotations over a new climate goal…

Prices continue to decline due to a healthy supply and ceasefire

The Dutch and British wholesale prices of gas continued to drop on Thursday morning due to an ample supply and weak demand, as well as the apparent holding of a ceasefire agreement between Israel and Iran.

German spot prices fall on increased wind and French nuclear supply

The wholesale price of German spot power dropped sharply on Friday, as Germany was expected to experience a 60% increase in wind generation in the coming day. In addition, the French…

Burundi completes the first phase of a $320 million power project

According to a press release, Burundi commissioned on Wednesday the first phase of an $320 million hydropower plant financed by the European Investment Bank (EIB), the African Development Bank (ADB) and the World Bank.

Palm oil prices fall as Middle East tensions weigh

The price of Malaysian palm oils futures fell on Wednesday, reversing earlier gains as the market was weighed down by uncertainty about the developments in the Israel/Iran conflict.

Palm prices rise on the back of exports but Middle East unrest caps gains

The price of Malaysian palm oils futures increased slightly on Wednesday. This was a slight recovery from the previous session. Expectations of strong export numbers supported the market…

EU agrees on loosening gas storage regulations

After concerns were raised that the EU's earlier rules regarding filling gas storage could have led to an increase in energy prices, the EU member states and the EU parliament reached…

EU envoys are expecting to resolve the blockage of new Russia sanctions by this week

Diplomats from the European Union said that they expected to reach an agreement during a summit of the EU this week regarding an 18th package against Russia. Slovakia and Hungary use…

According to Russia's spy agency, Serbia sold ammunition via Bulgaria and Czech Republic to Ukraine

Russia accused Serbia of selling artillery to Ukraine via Eastern Europe through intermediaries, the second time in a week that it has made such an accusation against its traditional Balkan allie.

Hungary's Orban calls on EU to lift Russian energy ban amid US/Iran conflict

Hungarian Prime Minster Viktor Orban urged on Sunday the European Union not to impose a ban on Russian Energy due to the expected increase in energy prices after the US bombings of Iran.

Dmitriev, a Russian diplomat, says that Saudi Arabia, the US and Russia could work together to stabilize oil markets

Kirill Dmitriev, Russia's Investment Envoy, said that the United States, Saudi Arabia, and Russia could work together to stabilize oil markets, if necessary. Investors were frightened…

Minister: Separatist Moldovan Region faces crisis without Russian gas

Transdniestria, the pro-Russian separatist region of Moldova, faces a severe economic crisis due to this year's stoppage of Russian gas supplies and a collapse of industrial and agricultural production.

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