The single-currency bloc suffered an economic contraction in the third quarter of 2023, according to the central bank The Eurozone probably failed to grow at the end of last year early indicators suggest, European Central Bank’s (ECB) Vice-President Luis de Guindos has stated.

Production drilling still managed to reach the highest level in a decade last year, data shows   Russian oil companies were on track for record drilling at their oil fields last year and showed no signs of harm from sanctions or the departure of some Western oil-field service providers, Bloomberg reported on Wednesday.

It is hoped the initiative will become an “antidote” to the country’s energy challenges The UK government announced plans on Thursday for what it described as the country’s “biggest expansion of nuclear power for 70 years” to boost its energy security and meet carbon emission goals.