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EU agrees law to hit fossil fuel imports with methane emissions limit
The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas.
read more... 15/11/2023
Mideast conflict dims prospect of more Egyptian LNG exports to Europe
The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports form Israel, Oxford Institute of Energy Studies (OIES) said.
read more... 09/11/2023
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Bulgaria has ‘carte blanche’ on using Russian gas tax cash
Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.
read more... 31/10/2023
EU executive proposes methane emissions limit on gas imports
The European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc's international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas.
read more... 26/10/2023
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EU to scrutinise foreign subsidies for wind energy sector
The European Union plans to boost financial support for the wind energy sector and scrutinise subsidies of foreign wind product imports, as local manufacturers face increased competition from China, a document seen by Reuters showed.
read more... 19/10/2023