All publications by tag «EU»
2022, October, 24, 12:05:00
EUROPEAN RENEWABLES 69%
The REPowerEU plan, which aims to end the EU’s dependence on Russian fossil fuels and tackle the climate crisis, will seek to raise the share of renewables in the region’s final energy consumption to 45% by 2030.
2022, October, 21, 11:25:00
EUROPEAN GAS PRICES DROP
Benchmark futures declined as much as 4.8% on Friday and headed for a third straight weekly loss.
2022, October, 21, 11:20:00
EUROPE AGREE DISAGREE
Germany stuck to its refusal to cap gas prices and the 27 could only agree to disagree, declaring they will keep on examining options to put a ceiling on costs.
2022, October, 20, 14:15:00
EUROPEAN WINTER RISKS
While Europe lacks transparent data on who owns stored gas, the bulk is held by utilities, including state-owned companies, that will need to withdraw fuel to supply households and manufacturers, according to people familiar with the matter.
2022, October, 20, 14:10:00
TURKSTREAM IS WORKING
"The operation of TurkStream is now fully secured in the long term following the Dutch decision," foreign minister Peter Szijjarto was quoted as saying by Hungarian government spokesman Zoltan Kovacs.
2022, October, 19, 12:00:00
EUROPE, RUSSIA SANCTIONS ANEW
The bloc’s eighth round of sanctions state that if a tanker owner transports Russian crude above an agreed price threshold, their ship would be prohibited from getting EU services needed to ship the commodity, such as insurance, “in the future.”
2022, October, 18, 15:25:00
EUROPEAN GAS PRICES DOWN MORE
Benchmark futures dropped as much as 10.1% to 115 euros per megawatt-hour, the lowest intraday level since mid-June.
2022, October, 17, 12:35:00
EUROPEAN GAS PRICES DOWN AGAIN
The EU has already asked members to voluntarily reduce gas demand by 15%, and Energy Commissioner Kadri Simson has said a plan is under consideration to make the cut mandatory.
2022, October, 13, 12:45:00
EUROPEAN GAS PRICES UPDOWN
Traders are on edge with Russian President Vladimir Putin saying any energy infrastructure in the world is at risk after the Nord Stream explosions, which he said benefited the US, Ukraine and Poland.
2022, October, 12, 12:10:00
RUSSIAN OIL LEAKAGE
European authorities are on high alert for any signs of sabotage on energy infrastructure since the destruction of the Nord Stream gas pipelines last month.