Energy
Russia widens Europe gas cuts as Gazprom halts Dutch trader’s supply
Russia widened its gas cuts to Europe on Tuesday with Gazprom turning off supply to top Dutch trader GasTerra escalating the economic…
EU Agreement on gas storage is unprecedent – former EP President
EU countries have committed to filling underground gas storage facilities on their territory, aiming for 85% - at least - of their…
EU plans first joint gas buying before winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks…
Stop relying on Russia, Ukraine warns Europe after gas shutoff
Europe should stop depending on Russia for trade after Moscow halted gas supplies to Bulgaria and Poland for not paying in roubles,…
Spain, Portugal urged not to act alone on high electricity prices
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in…
Balkans turns to coal as energy crisis trumps climate commitments
Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, raising fears…
German gas reserves can last until late summer, says regulator
Germany's gas reserves would last until at least late summer should Russian supplies stop now, the network regulator said on Tuesday, warning…
Italy clinches gas deal with Algeria to temper Russian reliance
Italy clinched an agreement on Monday to ramp up gas imports from Algeria by around 40% in its first major deal to…
Russia maintains gas deliveries as Europe mulls tighter sanctions
Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as the EU said…
Barclays says Ukraine crisis may hinder progress on climate goals
British bank Barclays said on Tuesday disruption in energy markets since Russia's invasion of Ukraine could hamper its ability to meet its…
EU countries fail to agree on sanctioning Russian energy sector
The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its…
EU Finance Ministers seek common ground on energy strategy
European Union finance ministers on Tuesday (March 15) met to define a common EU strategy in a context of spiking energy prices…