Chemical substances

Winter not over, but Europe braces for the next one

Europe has weathered the energy crisis that followed Russia's invasion of Ukraine so far, but businesses and households are already thinking about how to get through the next winter.

Mild weather, government aid, gas storage facilities at full capacity and energy imports from other regions have helped Europe limit the economic damage caused by the war.

Shipping still in dark over clean fuel solutions

Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.

Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy.

Wholesale energy dives but bills remain sky high

Plunging wholesale gas prices have sparked speculation of an end to Europe's energy crisis, but consumers' electricity and gas bills remain sky high, fueling runaway inflation.

European benchmark Dutch TTF gas price has shed 18 percent since the start of this year as unusually warm winter weather depresses demand and encourages stockpiling.

Bulgaria signs deal to use Türkiye's gas terminals

Bulgaria on Jan. 3 gained access to Türkiye's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Türkiye's terminals for liquefied natural gas.

Bulgaria signs deal to use Turkey’s gas terminals

Bulgaria on Tuesday gained access to Turkey's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Turkey's terminals for liquefied natural gas.

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