Brussels admits it does not know how much fuel Europe holds
European Commission President Ursula von der Leyen has said the conflict was costing the EU nearly €500 million a day in higher energy costs.
Popular articles tagged "oil and gas reserves"
European Commission President Ursula von der Leyen has said the conflict was costing the EU nearly €500 million a day in higher energy costs.
Germany has authorised the partial release of its national oil reserves to mitigate the sharp rise in oil and fuel prices triggered by the ongoing conflict in Iran,…
British company BP has discovered a giant oil and gas reservoir via deep-sea drilling off the coast of Brazil.
A Canadian company exploring potential energy deposits off Poland’s Baltic coast has announced the largest oil discovery in Polish history together with billions…
Reports from Russian exploration vessels suggest vast amounts of oil and gas have been discovered in Antarctica, partly in areas claimed by the UK and Argentina.
Austrian oil and gas company OMV said it has made the biggest gas discovery in Austria in the past 40 years and now expects its natural gas production to increase…