Germany and the Czech Republic are pushing the European Union to hold talks on how to eliminate the remaining energy sources Europe imports from Russia, EU diplomats told Reuters on Tuesday (28 May).
EU countries approved a law on Monday (27 May) to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas.
An International Chamber of Commerce (ICC) tribunal has prohibited Russia's Gazprom from continuing with Russian legal proceedings against CEZ, the Czech energy company said.
Four Russian state media outlets will be added to the European Union's blacklist, while other measures for the 14th sanctions package against Moscow are still in the early stages of discussion following a meeting of EU ambassadors on Wednesday (15 May).
The EU’s new carbon pricing scheme for road and heating fuels (ETS2) – set to be introduced across the bloc in 2027 – could lead to higher price hikes than initially thought, key lawmakers told Euractiv.
Vienna has escalated an ongoing dispute with Germany over gas transit fees, which Austria says are not warranted, to the European Commission via the European Parliament.
The European Parliament adopted a pioneering new law to reduce methane emissions in the energy sector on Wednesday (10 April), but the oil and gas sector quickly pointed to potential implementation problems.
Bulgaria has introduced the special gas tax on the transmission of Russian gas through Turkish Stream to punish Austria for its Schengen opposition, the leader of Bulgaria's largest party GERB Boyko Borissov announced on Wednesday (3 April).
French multi-energy company TotalEnergies is withdrawing from oil and gas exploration in the potential Khan Asparuh field in northern Bulgarian waters of the Black Sea, an annual report by the project's other partner, Romania's OMV Petrom, quoted by Bulgarian Capital Weekly, reads.
Leaked documents from the emails of Russian politicians show that the Kremlin, through Russian and Belarusian companies, had full control over the construction of the Turkish Stream gas pipeline through Bulgaria from 2019-2021, despite then-Prime Minister Boyko Borisov’s claims that the project was under the Bulgarian government’s control, Capital reported.
Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account.
Bulgaria has started negotiations with Azerbaijan to increase gas supplies to Romania, Moldova and Ukraine through the future vertical Balkan gas corridor, the Bulgarian parliament’s press centre announced on Monday.
Germany's levy on cross-border gas trading puts the EU's energy solidarity at risk and hurts efforts to cut the bloc's reliance on Russian gas, the bloc's energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers.
With the expected end of Russian gas transit through Ukraine at the end of this year, the Balkan Stream gas pipeline through Bulgaria will become the main supply route for the EU and Ukraine, as discussed during the visit of the EU’s top energy official, Ditte Juul Jorgensen, to the dispatch centre of state-owned gas company Bulgartransgaz (BTG).
Gas consumption in France in 2023 has fallen by more than 10% in one year and by around 20% compared to 2021, according to the latest figures from France's main transmission operator, GRTgaz, published Tuesday (February 27).
The European Commission has asked EU countries to keep curbing their gas use but softened the policy to be entirely voluntary, in a sign of optimism that the worst of Europe's energy crisis is over.
Bulgaria’s government has not given up on the possibility of suing Russia’s state-owned Gazprom for cutting off gas supplies two months after Russia invaded Ukraine in 2022.
Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say.
The Danish investigation into the Nord Stream 1 and 2 explosions has been closed, the Danish authorities announced on Monday, less than a month after Sweden did the same, but gave no details as to why.
19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February).
Trade between the European Union and Russia kept sliding in the final quarter of 2023, as Brussels continues efforts to decouple itself from Moscow in the lead-up to the second anniversary of the full-scale war in Ukraine.
European and US oil majors have made record profits totalling more than €260 billion since the Russian invasion of Ukraine started in February 2022, according to NGO Global Witness.
Romania’s cap on energy prices will remain unchanged until March 2025, announced Romanian Energy Minister Sebastian Burduja on Thursday, meaning Romanian consumers will continue enjoying the EU’s fourth cheapest gas prices.
Cyprus could start producing its first natural gas as soon as 2026, and plans to participate in a high-powered electricity cable project linking the eastern Mediterranean to continental Europe, its energy minister told Reuters.
