Latest news
G7 coalition has agreed to set fixed price for Russian oil
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.
read more... 04/11/2022
Denmark’s €3.4bn scheme to support energy-intensive firms granted EU approval
A €3.4 billion (£2.9bn) scheme to support energy-intensive companies in Denmark in the context of Russia’s war against Ukraine has been granted approval by the European Commission.
read more... 03/11/2022
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Germany could seize property to speed LNG build-out
Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.
read more... 02/11/2022
Italy commissioner approves contested gas terminal
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022
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Hungary will not agree to EU gas price cap, will need exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding that if the EU decides on a cap it would have to exempt Hungary, as it did for oil.
read more... 24/10/2022