Europe is entering an offshore wind “supremacy phase” as governments move from ambitious targets to project delivery, securing multi-gigawatt development pipelines through redesigned auctions, stronger revenue protections and faster permitting, according to GlobalData.
Europe remains the world’s leading leisure travel destination, accounting for around $2 trillion, or one-third, of global leisure travel spending in 2025, according to new 2026 Economic Impact Research (EIR) data from the World Travel & Tourism Council (WTTC), sponsored by Chase Travel.
Equinor has signed a three-year agreement with Poland’s Orlen to supply crude oil from the Johan Sverdrup field, strengthening Norway’s role in Europe’s energy security.
Companies in the Europe, Middle East and Africa (EMEA) region are overhauling their data infrastructure to keep pace with the rapid adoption of AI, with 98% saying they delayed or cancelled an AI project in the past year because of data governance and compliance, said a recent survey.
Global airfreight volumes declined in the first full week of August after a mild rally the previous week, with chargeable weight sinking from all origins, said a report. The Middle East was among the weakest-performing markets, along with South Asia, with volumes down 6pc in the first full week of August.
Europe’s push to secure critical raw material supplies is renewing focus on exploration and diversified resources, as Pulsar Helium advances its Tunu Project in East Greenland amid growing supply-chain concerns.
European electrolyser manufacturers currently have enough capacity to meet near-term hydrogen orders, but a shortage of investable projects is leaving factories underused and putting the region’s 2030 hydrogen ambitions at risk, according to a report by the Energy Industries Council (EIC).
Diesel prices in the US and Europe have risen sharply amid disruptions to supplies of refined oil products, including diesel fuel. US ultra-low sulfur diesel futures surged 7.4% to settle at $4.19 per gallon on Monday, while in Europe, the diesel refining margins witnessed a 10% drop.
Minor Hotels reported steady growth in the second quarter of 2026, with core profit rising 2% year-on-year to THB 2.8 billion (approximately $84.3 million), supported by continued strength across Europe and the Americas that helped offset weaker trading conditions in the Middle East.
Global liquefied natural gas (LNG) trade reached a record 436.98 million tonnes in 2025, rising 6.3 percent and marking the fastest growth since 2022, according to the International Gas Union (IGU).
