Latest news

EU confirms ban to end all Russian coal imports by 10 August

All Russian coal and other solid fossil fuels imports to the EU must stop by 10 August under the bloc’s fifth package of sanctions against Russia in force since Saturday.

read more... 11/04/2022

news

Daily (05.04.2022): Oil prices increased sharply on Monday as Europe considers more sanctions in Russia

Oil prices rebounded sharply on Monday as the EU is considering further sanctions against Russia, potentially including energy imports, due to war crimes in Ukraine. Hence, Brent crude soared by $3.14, or 3%, to settle at $107.53 a barrel. U.S. WTI crude surged by $4.01, or 4%, to settle at $103.28 a barrel.

read more... 05/04/2022

news

Baltic states become first in Europe to stop Russian gas imports

The head of Latvia’s natural gas storage operator said Saturday (2 April) the Baltic states were no longer importing Russian gas, a decision made in reaction to the Kremlin’s decision to invade Ukraine.

read more... 04/04/2022

news

EU countries bet on floating LNG terminals to raise import capacity

The war in Ukraine has focused attention on liquefied gas (LNG) to replace Russian supplies coming via pipeline. Germany, France and Italy are all planning to rent or acquire special floating terminals in order to increase import capacity.

read more... 31/03/2022

news

EU solar ready to ramp up to cut Russian gas imports

The EU’s solar photovoltaic sector is ready to ramp up capacity to help cut Russian gas imports with the right political and regulatory support, lobby group Solar Power Europe said on Tuesday.

read more... 30/03/2022

news