Category : Search result: European Union energy


UK Allows New Oil and Gas Drilling in North Sea

Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.

EU to challenge China's rare earths dominance

EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.

Lufthansa Bids for TAP Stake, Rivaling Air France-KLM

Germany's Lufthansa has officially entered the race to acquire a stake in TAP Air Portugal, competing with Air France-KLM. Discover how this move impacts European aviation and TAP's strategic routes to Brazil and Africa.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

EU Plans New Rules for Shein and Temu

The EU is overhauling consumer protection rules to tackle platforms like Shein and Temu over labour and competition concerns. A new draft law is expected next year.

German Rail Project Stuttgart 21 Faces New Delay

Germany's massive Stuttgart 21 rail project faces indefinite delays due to technical issues, with costs doubling to €11 billion. Discover the infrastructure challenges plaguing Europe's largest economy.

Africa Receives Only 2.3% of $2.4trn Clean Energy Funds

Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.

Ukraine-Greece Energy Deal Boosts US LNG Imports

Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.

Germany Revives Military Service for Young Men

Germany's new military service plan requires all 18-year-old men to undergo medical screening from 2027. Learn how this affects Europe's security landscape and Nigeria's diaspora community.

Lagos SMEs Adopt Solar with New Financing

Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.

German experts cut 2026 GDP forecast to 0.9%

German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.

Google's €5.5B German AI Investment Plan

Google announces its largest-ever investment in Germany with €5.5 billion for data centers and AI infrastructure, creating 9,000 jobs annually by 2029.

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