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EU proposes natural gas import deal with Egypt and Israel
The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document seen by Reuters dated June 7.
read more... 10/06/2022
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EU publishes sixth sanctions package, including oil import restrictions
The EU published details of its sixth sanctions package against Russia June 3, including phasing out Russian crude imports in 6 months, and other refined products in 8 months.
read more... 06/06/2022
Daily (01.06.2022): Long-term British gas prices rose on Tuesday due to fears about reduced flows from Russia
Crude oil prices increased on Tuesday, boosted by European Union leaders' agreement to impose a 90% ban on Russian crude oil imports by the end of 2022. Consequently, Brent crude rose by 1% to $122.84 a barrel.
read more... 01/06/2022
Bulgaria to get exemption from EU ban on Russian oil imports until end-2024
Bulgaria will receive as requested an exemption until end-2024 from a European Union embargo on imports of Russian crude oil, which is part of the sixth package of EU sanctions against Russia in response to the ongoing war in Ukraine, Bulgarian prime minister Kiril Petkov said on Tuesday.
read more... 01/06/2022
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Croatia ready to increase Adriatic oil pipeline capacity
Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline, Hungary's foreign minister said on Tuesday.
read more... 01/06/2022