Germany halted imports of Russian oil via pipeline on January 1, following through on a previous pledge to stop buying Russian pipeline crude despite the fact that the EU embargo exempts pipeline flows from Russia to Europe.
read more... 02/01/2023
The EU will sign three initial agreements for imports of renewable hydrogen at the Cop 27 UN climate conference in Sharm el-Sheikh, European Commission president Ursula von der Leyen said.
read more... 09/11/2022
Renewable energy production avoided the need for 70bcm of natural gas imports to the EU – or around EUR 99bn in costs – following Russia’s full-scale invasion of Ukraine, a study showed on Tuesday.
read more... 19/10/2022
Hungary, one of the European Union's most-reliant members on Russian energy, aims to eliminate Russian gas imports by 2050 by a large-scale electrification drive, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 04/10/2022
The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
read more... 03/10/2022