The European Commission will extend its gas price cap system to all trading hubs in the European Union from May to prevent potential distortions to Europe's energy markets, it said on Friday.
read more... 03/04/2023
Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros Sefcovic said on Tuesday.
read more... 29/03/2023
The European Union has agreed to extend a price cap set on natural gas used for power generation in Spain and Portugal until December 31, a spokesperson for the Spanish Energy Ministry said on Tuesday.
read more... 28/03/2023
Croatian prime minister Andrej Plenkovic has reiterated his country's aim to become a regional gas hub, although plans are still at an early stage and EU funding has yet to be secured.
read more... 27/03/2023
The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set to expire in order to help the continent get through next winter.
read more... 21/03/2023