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EU Considers Higher Renewables Goal To Shift From Russian Energy

The European Commission is considering whether a 45-percent share of renewable energy by 2030 would be achievable for the European Union, up from a previous target of 40 percent

Global energy spending set to reach record high of over $2tn in 2022, led by oil and gas

Surging oil, gas and power prices together with the EU s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion.

Global Energy Spending To Exceed $2Tn O&G Leading The Way

Global energy spending set to reach record high of over USD 2 trillion in 2022, led by oil and gas

Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.

Oil and gas to catapult global energy spending to record highs in 2022, Rystad says

Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies will catapult global energy spending this year, Rystad says.

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