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EU's von der Leyen pitches gas price caps to EU leaders
European Commission President Ursula von der Leyen will suggest to EU leaders meeting this week how the EU could cap gas prices in a bid to contain soaring energy costs.
read more... 06/10/2022
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EU assessing various types of gas price cap
The European Commission is considering versions of a gas price cap including one targeting gas used in power generation and a temporary "flexible" limit on prices, the EU's head of energy policy said on Tuesday.
read more... 05/10/2022
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Hungary aims to eliminate reliance on Russian gas by 2050 - minister
Hungary, one of the European Union's most-reliant members on Russian energy, aims to eliminate Russian gas imports by 2050 by a large-scale electrification drive, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 04/10/2022
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Gazprom gas exports to Europe slump 40% in Jan- Sep
Gazprom’s gas exports to Europe plunged 40.4% in the first nine months of the year, the Russian energy giant said on Monday.
read more... 04/10/2022
EU countries to back energy windfall levies, lock horns over gas price cap
European Union countries meet on Friday to approve emergency levies on energy firms' windfall profits and launch talks on their next move to tackle Europe's energy crunch - possibly, a gas price cap.
read more... 03/10/2022