TotalEnergies SE’s chief executive officer has plenty of reasons to antagonize the French government with the possibility of moving its stock listing to Wall Street. Measured in dollars, there are tens of billions of them.
Greenpeace said France must demonstrate LNG imports are “the best option available”. If it cannot do this, the NGO said, the directive from March 2023 on commissioning the Le Havre FSRU should be cancelled.
A group of Western European nations led by Germany and France have committed to massively ramping up the production of clean energy from wind turbines in the North Sea, to both meet climate targets and reduce their strategic energy dependence on Russia.
While the court found against them, the six organisations appear determined to continue their legal fight. “We will continue to work harder than ever in the courts and elsewhere”, Kamugisha said.
Intercontinental Exchange (ICE) has launched two new LNG futures: North-West Europe and South-West Europe, as the continent struggles to make sense of tumultuous gas pricing.
European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
Electricite de France (EDF) reported a historic loss for the first half of 2022 as it suffered a slump in nuclear output in the midst of a severe European energy crisis.
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Shell has identified 4 billion euros ($4.5 billion) of potential investments in France in a bid to support the country’s efforts to develop sustainable sources of energy, Le Figaro reported on Saturday, citing an interview with Chief Executive Officer Ben van Beurden.