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EU inches forward on Russian oil ban as Germany, Hungary soften opposition
The two main opponents to a ban on Russian oil imports, Germany and Hungary, have softened their opposition to the move. EURACTIV looks at the options on the table and the state of play.
read more... 28/04/2022
German-funded consortium to develop 'battery passport' for Europe
A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF , is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.
read more... 26/04/2022
Daily (22.04.2022): Oil prices soared on Thursday due to Germany’s plans to cut oil imports from Russia by the end of 2022
Oil prices rose on Thursday, due to weaker Russian output and Germany’s plans to eliminate oil imports from Russia. Consequently, Brent crude increased by 1.4% to $108.33 a barrel. U. S. WTI Crude rose by 1.5% to $103.79 a barrel.
read more... 22/04/2022
Germany releases €3bn to acquire floating LNG terminals
Germany has released nearly €3 billion to acquire floating liquefied natural gas import terminals, the finance ministry said Friday (15 April), as it seeks to move away from dependence on Russian gas.
read more... 19/04/2022
RWE to pour EUR 1.5bn in Ireland's renewables by 2030
Germany’s RWE Renewables is set to invest up to EUR 1.5 billion (USD 1.62bn) gross in green power projects in Ireland by 2030, as part of a global EUR-50-billion investment plan.
read more... 19/04/2022