Germany claims that the EU is too reliant on Russian energy to impose an embargo

The European Union's foreign ministers divided between Monday on whether and how to impose sanctions on Russia's lucrative energy sector in response to its invasion of Ukraine, with Germany arguing that the EU was too reliant on Russian oil to impose an embargo.

The EU and its p...

Thailand's energy sector has been hit by Myanmar sanctions and lower output

Liquefied natural gas prices are skyrocketing due to a worldwide energy shortage, but Thailand has to increase its imports to offset a dramatic drop in output at its main gas field and as sanctions threaten Myanmar's supply.

At a time when European demand is soaring, the Southeast A...

SPAIN: EUROPE’S LARGEST SOLAR POWER FACILITY GOES LIVE

Highlights

• This solar plant has over 1.4 million solar panels, with capacity to supply energy to 250,000 people every year

• The solar plant situated in western region of Spain will prove beneficial for the energy sector

This week Europe saw it’s bi...

RENEWABLE ENERGY WILL PLAY VITAL ROLE IN RECOVERING EUROPEAN ECONOMY

Highlights

• Over 13 billion euros are invested in onshore wind farms

• Poland made fifth largest number of acquisitions after investing over 900 million euros in offshore wind projects

From the economic point of view, 2019 was not good year in terms of ren...

Columbia makes deals to revolutionize the energy sector

As the world moves towards a green revolution and complete transition for the fossil driven world to the renewable energy world and a world dependent on the clean sources that will not have an adverse effect on the climate of the planet that has been deteriorating, the need for new deals and new ...