MEPs and the Spanish Presidency of the Council informally agreed on plans to facilitate the uptake of renewable and low-carbon gases, including hydrogen, on the EU's gas market.
Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.
About $2.8 trillion is set to be invested globally in energy in 2023, of which more than $1.7 trillion is expected to go to clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements, and heat pumps – according to the IEA's latest World Energy Investment report.
Global energy-related carbon dioxide emissions hit a record high last year, even as more clean technologies such as solar power and electric vehicles helped limit the impact of increased coal and oil consumption, according to the International Energy Agency (IEA). Scientists warn that energy users around the world must dramatically reduce emissions to slow the ill effects of global warming.
Two-thirds of the decline in Russian natural gas supplies has been offset, mainly through increased purchases of liquefied natural gas (LNG) and a greater volume of pipeline gas from Norway, leaving Europe with more gas in storage than it needs to meet its end-of-winter demand.
This winter continues to be fairly mild in Europe, which means that the gas shortages that many had predicted as a worst-case scenario have been avoided. The unusual weather has resulted in favourable gas storage figures, so Europe can look forward to next winter in a much more favourable position, as was also priced in today on the Dutch gas exchange, where gas prices fell sharply this morning.
The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.
In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.
Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
Sinovoltaics has launched PV Lab Test Advisor v1.0, a web-based assessment tool designed to build project-specific reliability testing scopes for utility-scale solar PV projects.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.