Ex-Magna CEO Could Take Control of Volkswagen’s Assets in Russia

Ex-Magna CEO Could Take Control of Volkswagen’s Assets in Russia

The Russian media reported that Volkswagen AG could sell its Russian business – including an assembly plant and an internal combustion engine producer – to Austrian business conglomerate Steyr Automotive owned by ex-Magna CEO Siegfried Wolf. According to people familiar with the matter the company aims to resume the production of VW cars in Russia, suspended in March

Critical Mineral Sourcing Must Also be Sustainable for the EU’s Clean Energy Transition

Critical Mineral Sourcing Must Also be Sustainable for the EU’s Clean Energy Transition

The European Union has become a global leader in the movement to a clean energy transition. A central part of this movement has been the result of transitioning from traditional fossil fuels, primarily oil, gas, and coal, towards more areas producing fewer greenhouse gas emissions, such as wind, solar, hydroelectric, and electric energy. 

Kazakh to Increase the Share of Renewable Energy Sources

Kazakh to Increase the Share of Renewable Energy Sources

Kazakh President Kassym-Jomart Tokayev said the goal is to bring the share of renewable energy in the country’s energy balance to at least 15% by 2030, according to the presidential office in Nur-Sultan. He was addressing the 34th plenary session of the Foreign Investors’ Council on June 9. The event was attended by heads of major multinational companies, heads of government agencies and representatives of international organizations.

Aktau Becomes Kazakhstan’s First Port to Receives Green Certification from OSCE

Aktau Becomes Kazakhstan’s First Port to Receives Green Certification from OSCE

Aktau Commercial Sea Port has become the first port in Kazakhstan to receive the Ports Environmental Assessment System (SEEP) certification and EcoPort status from the European Sea Ports Organization (EMPO), Board of the Aktau Port Chairman Abai Turikpenbaev said during his speech at the forum “Transit and Transport Co-operation between Kazakhstan and the European Union: Prospects for the Development of the Trans-Caspian International Transport Route,” the Foreign Ministry of Kazakhstan said in a press release.

Kazakh to Increase the Share of Renewable Energy Sources

Kazakh to Increase the Share of Renewable Energy Sources

Kazakh President Kassym-Jomart Tokayev said the goal is to bring the share of renewable energy in the country’s energy balance to at least 15% by 2030, according to the presidential office in Nur-Sultan. He was addressing the 34th plenary session of the Foreign Investors’ Council on June 9.

Moving EV Μanufacturing Into the Fast Lane

Moving EV Μanufacturing Into the Fast Lane

The 2020s started with a pandemic and a war on the European continent. While the former has fostered the twin green and digital transition, the impact of the latter on net-zero targets is still unclear. The automotive sector has felt the hit of both crises.

Citing Force Majeure of Russia’s Invasion, Ukraine Turns Off Gas Flow

Citing Force Majeure of Russia’s Invasion, Ukraine Turns Off Gas Flow

Ukraine stopped the flow of Russian natural gas to Europe on May 11 through the cross-border Sokhranivka station, blaming Russian-backed separatists of siphoning supplies. Gas TSO of Ukraine (GTSOU) reported the occurrence of force majeure, which makes it impossible to further transport gas through the Sokhranivka and the border compressor station (CS) Novopskov, which are

Turning Off Russian Gas, Greece-Cyprus-Israel Think Electric Too

Turning Off Russian Gas, Greece-Cyprus-Israel Think Electric Too

The Energy Ministers of Israel, Greece and Cyprus discussed in a tripartite meeting in Jerusalem on April 11 the effects of Russia’s invasion in Ukraine on the energy markets and agreed to advance specific investment plans in natural gas and electricity projects that will help reduce reliance on Russia. Israel’s National Infrastructures, Energy and Water Resources Minister Karine Elharrar, Greece’s Environment and Energy Minister Kostas Skrekas and Cyprus’ Energy, Commerce and Industry Minister Natasha Pilidou also discussed

Interview: Uzbekistan a Solid Energy Partner

Interview: Uzbekistan a Solid Energy Partner

New Europe sat down in the Uzbek capital during the first Tashkent International Investments forum with the first Deputy Minister for Energy Azim Akhmedkhadjayev, discussing about the strategies and priorities of the central-asian country.

After Ukraine Invasion, Germany Saying Nyet to Russian Energy

After Ukraine Invasion, Germany Saying Nyet to Russian Energy

Russia’s invasion of Ukraine has put politics in the forefront in the pragmatic energy relationship between Germany and Russia, Munich Security Conference Vice President and CEO Benedikt Franke told New Europe in an interview in Greece on April 6. Russian gas monopoly Gazprom said on April 1 it was quitting its business in Germany and the German government said

Energy Citizenship – A New Dimension in Energy Policy Making

Energy Citizenship – A New Dimension in Energy Policy Making

Now is the right time to re-design the way we assess energy progress. Bringing together people from all layers of the energy ecosystem is vital to keep moving forward together within these multiple crises. In times of crisis, what concerns people the most is uncertainty around what is essential. And, by all means, energy is essential for most

Countering Loss of Russian Oil Over Penalties, US Opens Reserve Pump

Countering Loss of Russian Oil Over Penalties, US Opens Reserve Pump

After consultation with allies and partners, US President Joe Biden announced on March 31 the largest release of oil reserves in history, putting one million additional barrels on the market per day on average – every day – for the next six months – to serve as a bridge to greater supply in the months ahead.