Latest news

Italy's Eni confident it will replace Russian gas by 2025

Italian energy group Eni believes it will be able to completely replace Russian gas imports by 2025 as uncertainty over Moscow's energy supplies to Europe forces countries to seek alternative sources.

read more... 01/08/2022

news

UK to remove cost exemptions for imported green energy, to stop recognizing EUGOs

The UK Government is set to end exemptions for imported green energy in Feed-in Tariffs and Contract for Difference schemes with a target date pending legislation of April 1, 2023, it said in an update to a consultation on the move posted on its website July 27.

read more... 29/07/2022

news

Germany set to impose gas levy on consumers to support ailing importers

Germany is set to impose a levy on all gas consumers from Oct. 1 aimed at helping suppliers struggling with soaring gas import prices, a draft law showed on Thursday.

read more... 29/07/2022

news

Germany hands $15 bln bailout to Uniper after Russian gas hit

The German government stepped in to rescue Uniper with a 15 billion euro ($15.28 billion) bailout on Friday after the gas importer became the biggest casualty of Europe's energy standoff with Russia so far.

read more... 25/07/2022

news

EU signs deal with Azerbaijan to double gas imports by 2027

The European Commission signed a memorandum of understanding on Monday with Azerbaijan to double imports of Azeri natural gas to at least 20 billion cubic metres a year by 2027.

read more... 19/07/2022

news