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Europe targets Russian LNG and supports Ukraine renewables push

Gas
February 24, 2025

Europe is targeting Russian LNG projects under new sanctions and pledging 1.5 gigawatts (GW) of renewables investment to Ukraine, on the third anniversary of Russia’s invasion.

Under a 16^th package of sanctions, the EU extends the prohibition to provide goods, technology and services for the completion of Russian LNG projects, and crude oil projects in Russia, such as the Vostok oil project, and extends the existing software ban to restrict the export, supply or provision of oil and gas exploration software to Russia.

The EU has decided to completely prohibit temporary storage or the placement under free zone procedures of Russian crude oil or petroleum products in EU ports, which was until now allowed, if the oil complied with the price cap and went to a third country.

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Gas
September 11, 2026

UK firm raises £600k to turn captured CO2 into semiconductor coatings

By 58 min ago 2 min read UK-based HexSeed Technology has raised more than £600,000 ($810k) in early-stage funding to develop technology that converts captured carbon dioxide (CO2) into diamond…

Gas
September 11, 2026

UK firm raises £600k to turn captured CO2 into semiconductor coatings

By 58 min ago 2 min read UK-based HexSeed Technology has raised more than £600,000 ($810k) in early-stage funding to develop technology that converts captured carbon dioxide (CO2) into diamond…