Extensive building renovations and the use of heat pumps could nearly halve Europe’s Russian gas use, researchers said on Friday, although industry groups said this would require a substantial increase Continue Reading
The European Union should set an ambitious goal for boosting solar energy capacity across the region as it seeks to free itself from a dependency on Russian gas, according to Continue Reading
Four main corridors see flows of 8.27 Bcm last month Deliveries lower via Ukraine transit corridor on price TurkStream gas flows drop below 1 Bcm in April Physical Russian gas Continue Reading
Boost in demand from China, and India could act as a trigger Biden administration urged to set up escrow accounts Tight global oil supplies complicate enforcement efforts Risks are rising Continue Reading
The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it Continue Reading
Kremlin said the plan will be very costly for the bloc Von Der Leyen Says EU Plans to Phase Out Russian Oil Bloomberg News The European Union’s proposal to ban Continue Reading
The European Union aims to cut off Sberbank (SBER.MM) , Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial markets Continue Reading
The Kremlin on Wednesday dismissed speculation that President Vladimir Putin planned to declare war against Ukraine and declare a national mobilisation on May 9 when Russia commemorates the Soviet Union’s Continue Reading
Sweden has received assurances from the United States that it would receive support during the period a potential application to join NATO is processed by the 30 nations in the Continue Reading
Across Europe, rising energy prices are testing the resolve of ordinary consumers and business owners who are caught between the continent’s dependence on cheap Russian energy and its revulsion over Continue Reading
