US energy giant ExxonMobil is suing the European Union (EU) in a bid to stop its new windfall tax on oil firms Houston, U.S. | Xinhua | Exxon Mobil has become the first U.S. major energy firm to sue the European Union (EU) for its decision to introduce a windfall tax …
Read More »Facebook parent company Meta hit with 390 mln euro fine for data breaches
Dublin, Ireland | Xinhua | Facebook parent company Meta Ireland has been fined a total of 390 million euros (413 million U.S. dollars) for breaches of European Union (EU) data protection rules, the Irish Data Protection Commission (DPC) said on Wednesday. The DPC handed out two fines to Meta Platforms Ireland Limited. …
Read More »EU provides UGX 5.9BN for refugee support
Kampala, Uganda | THE INDEPENDENT | The European Union has provided 5.9 Billion Shillings to the United Nations High Commission for Refugees-UNHCR to support Congolese refugees living in Uganda. In a joint statement released on Friday by the European Union Humanitarian aid department, the funds will facilitate UNHCR to support the …
Read More »Window for reviving nuclear deal not to open forever: Iranian FM
Tehran, Iran | Xinhua | The Iranian foreign minister warned on Wednesday that the window for achieving an agreement on the revival of a 2015 nuclear deal won’t remain open forever, official news agency IRNA reported. “The window for a nuclear agreement is open today, but … if the other sides, …
Read More »EU should re-examine green transition plans, says energy expert
EU aims at reducing natural gas consumption by 30 percent by 2030, with the ultimate goal of reaching climate neutrality by 2050 Nicosia, Cyprus | Xinhua | The European Union (EU) will have to re-examine its commitment to cut the use of fossil fuels by 30 percent and reach a target of …
Read More »EU awards 9 winners in Climate Change youth campaign
Kampala, Uganda | THE INDEPENDENT | European Union has rewarded winners who took part in a climate change trivia that run on the Delegation’s social media platforms, Facebook and Twitter. The campaign that ran for eight days, detailed a total of 24 trivia questions, with four published daily, concluded successfully on …
Read More »EU, Amazon reach settlement in 3 antitrust cases
Brussels, Belgium | Xinhua | Amazon, the world’s biggest retailer, has committed to making changes to its practices on its e-commerce marketplace in response to the European Commission’s competition concerns, Margrethe Vestager, the Commission’s executive vice president, said on Tuesday. Vestager, who is also the European commissioner for competition, said in …
Read More »Germany, EU provide Uganda Shs136bn for solar mini-grids
Kampala, Uganda | THE INDEPENDENT | The German Government and the European Union (EU) on Dec.13 launched the ‘GET ACCESS Mini-grid Solar Program, a 35 million euro initiative to support the electrification of Uganda’s rural areas and contribute to the transition towards renewable energy. The program will provide first-time access to …
Read More »EU faces potential natural gas shortage in 2023: IEA
Brussels, Belgium | Xinhua | The European Union (EU) could face a shortfall of nearly 30 billion cubic meters (bcm) of natural gas in 2023, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday. He presented a report titled “How to avoid gas shortages in the European …
Read More »West’s cap on Russian oil risks exacerbating Europe’s energy woes
Russia has made it clear that it will not export oil to countries that enforce price caps Rome, Italy | Xinhua | A price cap on Russian seaborne crude recently agreed by the European Union (EU), the Group of Seven (G7) nations and Australia came into effect on Monday. Whether the …
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