Oil and gas companies will have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday (12 September).

Gas reserves in Slovakia are large enough to last the whole winter.

The Irish transport sector uses more than double the legal limit of waste-based biofuels such as used cooking oil, putting Ireland in breach of European law, EURACTIV has learned.

EU member states are discussing the idea of capping the power generation revenues at renewable and nuclear power producers at up to $203 (200 euros) per megawatt-hour as part of an emergency package, sources with knowledge of the discussions told Bloomberg on Tuesday.

…marked by cross-border bottlenecks and poor policy choices such as inadequate LNG import infrastructure and the union’s notorious over-reliance on Russia. Recent…

Cheniere Energy, the largest U.S. exporter of liquefied natural gas, is hiking its dividend by around 20% this quarter and is upsizing its share buyback program as it expects increased core earnings thanks to high margins on LNG throughout this year.

Only when he complains that the photovoltaic system that has just been installed on the roof is no longer financially supported by the state does the politician interrupt him to ask why he has only now started producing his own electricity.

Following EU energy ministers’ negotiations on measures proposed by the Commission to face lowering energy supplies last week, the French government said it is open to taking the matter further by putting a cap on Russian energy imports.

The European Union will not get natural gas via pipeline from Russia before the end of the year, Fitch Ratings is now assuming.

Crude oil production in Kazakhstan, which is part of the OPEC+ output deal, plunged by 13% in August from July due to regular maintenance at one giant field and an unplanned halt at another huge oilfield, Reuters reported on Monday, quoting two sources with knowledge of daily production data.