The growth of the European automotive market is largely driven by Asian manufacturers, especially Chinese brands, which have captured a record market share. For the first time, electric vehicles have surpassed gasoline cars in the number of registrations, reshaping the industry and intensifying competition.
The trade conflict between the United States and Canada, along with new tariffs, is forcing Canadian importers to seek alternative suppliers, particularly in Europe. This is leading to a long-term restructuring of logistics chains and diversification of trade flows.
The European liquefied natural gas market is facing the risk of shortages and rising prices due to low reserves, supply disruptions, and infrastructure damage. Gas storage levels are significantly below normal, increasing uncertainty as the winter season approaches.
The Italian company Eni is beginning development of the deepwater Cronos field off the coast of Cyprus, which will allow Cypriot gas to enter the market for the first time by 2028. This project will strengthen Cyprus's position as a gas exporter and support Europe's energy security.
Clare Harris, who has over 25 years of experience in the energy sector and previously held senior positions at Shell, has been appointed CEO of Tree Energy Solutions. The company develops projects focused on sustainable gas production and the expansion of renewable energy infrastructure in Europe and North America.
In the first half of 2026, electric and hybrid vehicles accounted for more than 30% of the European market, surpassing gasoline and diesel cars for the first time. Tesla and Chinese brands are leading the way, with much of their success driven by government subsidies.
Rising demand for gas and LNG in Asia, dry weather conditions, and limited alternative supplies are increasing price volatility in the global market. Competition between European and Asian buyers may lead to further fluctuations, especially amid uncertainty surrounding the restoration of production in Qatar.
Норвежская Vaar Energi приобретает датскую BlueNord, что позволит увеличить добычу примерно на 45 000 баррелей в сутки и выйти на рынок Дании. Сделка направлена на создание одного из крупнейших независимых производителей нефти и газа в Европе.
In 2024, Chevron changed its oil supply routes due to military conflicts, shifting its focus to Asian and European markets. The company notes that portfolio diversification has helped it overcome the crisis.
European economic officials have, for the first time, publicly acknowledged the risk of stagflation due to rising energy prices and a slowdown in GDP growth. The full extent of the damage will become clear in the coming weeks.
A new study has found that birds tend to fly away sooner when approached by women than by men, regardless of country or species. Scientists are now discussing possible reasons for this behavior.
A major exhibition dedicated to the development of Gothic architectural drawing has opened at the Metropolitan Museum. More than 90 rare sketches reveal the evolution of the architect’s profession and the artistic value of medieval designs.
The European Commission has reported a cyberattack on the cloud infrastructure hosting the Europa platform, which resulted in data being stolen from several websites. The Commission's internal systems were not affected, and the investigation is ongoing.
Research organizations are launching a large-scale project to study and catalog European marine annelids, aiming to accelerate the discovery of new species and deepen our understanding of biodiversity. The collected data will be made available to scientists worldwide for further research.
Water samples collected from a depth of 1,120 meters beneath the Antarctic ice will help scientists model the processes occurring on the icy moons of planets. This research is crucial for the search for life beyond Earth.