The European Parliament must vote on the reform of the EU carbon market and the carbon tax at the borders to green its imports. A social climate fund of 86.7 billion euros will be created in 2026 to help micro-enterprises and vulnerable households in this energy transition.

Germany has decommissioned its last three nuclear reactors, concluding a more than 20-year energy transition to renewable energy. However, the country still faces the challenge of reducing its dependence on coal, which still accounts for one-third of its electricity production.

The G7 countries are committed to accelerating their exit from fossil fuels without a specific deadline and aim to eliminate all new plastic pollution by 2040, but environmental NGOs criticize the lack of ambition in the decisions taken.

Rising energy prices and the phasing out of free CO2 emission allowances threaten 154,500 industrial jobs in France. Industrialists fear that the implementation of the carbon adjustment mechanism at borders will penalize the competitiveness of European exports in the face of foreign competition.

Germany ensures its energy security despite the shutdown of nuclear power plants. The dependence on Russian gas is replaced by the massive import of liquefied natural gas.

The European Commissioners for Energy and Environment are attending the G7 Ministerial Meeting on Climate, Energy and Environment in Sapporo, Japan, where they will participate in bilateral meetings and discuss a wide range of topics related to climate change, energy and the environment.

The World Bank is providing $200 million to Ukraine for the renovation of its electricity network, which was heavily damaged during the recent Russian strikes. This financial assistance will allow for the rehabilitation of the most critical infrastructure and the installation of emergency heating equipment.

Wind and solar have broken a record by producing 12% of the world's electricity in 2022, but coal remains the world's leading source of electricity. Greenhouse gas emissions have reached a new record high, but the report's authors anticipate a small decline in fossil fuel production in 2023.

The EIA expects non-OPEC countries, such as the United States, Brazil and Canada, to experience an increase in oil production, while OPEC production will decline in 2023 before rebounding in 2024. This should result in relatively stable oil prices.

Domestic energy consumption in the U.S. declined between 2009 and 2020, averaging 76.8 MMBtu in 2020, according to EIA's new survey. The data also show variations in consumption by region and type of housing.

The Italian government has approved the sale of Lukoil's refinery in Sicily to the investment company G.O.I. Energy, but with strict conditions under the "golden power" regulation. The transaction is Lukoil's first significant asset sale since the Russian invasion of Ukraine.

Ukraine resumes electricity exports to the European Union after a six-month pause due to Russian attacks. Successful repairs to energy infrastructure have allowed exports to resume.

The port of Wilhelmshaven in Germany will become the center of the country's clean energy infrastructure with an investment of more than $5.5 billion to develop hydrogen, ammonia and offshore carbon storage infrastructure.

TotalEnergies awards shares to Basrah Oil Co. and QatarEnergy in a $27 billion deal for the Integrated Gas Growth Project in Iraq The goal is to reduce dependence on Iranian electricity and gas imports while promoting sustainable practices.

Japan seeks G7 support to accelerate decarbonization efforts at the upcoming Climate, Energy and Environment Ministers' meeting. The country aims to ensure energy security and economic growth while reducing carbon emissions.

The Senate adopted in first reading a socialist text against the "dismantling" of EDF, but ruled out a "nationalization". The Socialist group denounced "the attitude of the Senate right" and plans to take up the text again at the second reading in the National Assembly.

Nigeria is stepping up its efforts to combat climate change with plans for a carbon tax and participation in the voluntary carbon market. The Nigeria Sovereign Investment Authority and Vitol have invested $50 million in carbon credit projects to create a vibrant market in Africa.

France must make up for its "considerable delay" in the field of energy, according to a commission of inquiry of the National Assembly, which presented a report after 150 hours of work and 88 hearings. The authors made 30 recommendations, including a 30-year energy and climate programming law, for better anticipation and a nuclear revival.

Avina Clean Hydrogen and KBR partner to build a green ammonia plant in the Gulf of Mexico. KBR will provide the process technology license and engineering design, while Avina will use its expertise in green hydrogen production to make distributed hydrogen cheaper than gray hydrogen.

Google signs an agreement to buy 150 MW of renewable energy generated by Ørsted's Helena wind farm for the next 15 years. The agreement is part of its commitment to operate all of its data centers and offices with zero carbon energy 24/7 by 2030.

Mexican President Lopez Obrador announced the purchase of 13 power plants from Iberdrola for $6 billion, marking a "new nationalization" of the electricity sector. This reform worries foreign partners and threatens private foreign investment and the development of renewable energy.

A study by the French Energy Regulation Commission predicts a decline in gas consumption in France by 2050, while maintaining the same levels of gas infrastructure, which implies a shift in pricing. The current network will always be indispensable.

Aker BP and OMV (Norge) AS collaborate on carbon capture and storage. A license has been granted to explore the potential in North West Europe.

Ørsted, the global leader in offshore wind, has made the final investment decision for its 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. This marks an important step for the company to accelerate the decarbonization process in Asia Pacific.

After an interruption of several days, oil exports from Iraqi Kurdistan to Turkey will resume. An agreement has been reached between Baghdad and Erbil for the management of Kurdish crude oil.

The Rotterdam refinery of Finnish giant Neste is set to significantly increase its production of sustainable aviation fuel to meet the growing demand for SAF, the main solution to reducing aviation's carbon footprint. This initiative follows the European Union's gradual incorporation of SAF into aviation kerosene.