EXPLAINER: How could Europe cap gas prices?
The European Union is considering options to cap gas prices, as a growing number of countries pressure Brussels to put a lid on sky-high fuel costs.
Pentagon chief: Too soon to say who might be behind Nord Stream pipeline attack
US Defense Secretary Lloyd Austin said on Thursday (29 September) it was still too soon to speculate who might have been behind the Nord Stream pipeline ruptures.
EU wants ‘new transactions-based LNG benchmark’ in bid to calm prices
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.
US levels new sanctions targeting Iran’s oil sales
The United States announced fresh sanctions Thursday aimed at disrupting the sale of Iranian petroleum and petrochemical products.
US unveils new sanctions targeting Iran’s oil sales
The United States announced fresh sanctions Thursday on an international network of companies it says are involved in the sale of Iranian petroleum and petrochemical products.
Germany has ‘huge responsibility’ in energy crisis, says French company union chief
A gas conference organised by the French gas association levelled serious criticism at Germany for the energy policy Berlin has championed in the past decade.
UAE, Tanzania sign double tax avoidance deal
The United Arab Emirates (UAE) and Tanzania signed an agreement today on double taxation.
Flexibility in power sector could slash consumer bills by €71 billion, study finds
The ability for households to change their energy consumption patterns based on external signals – shows that EU consumers could save more than €71 billion on their electricity bills every year if the technology were implemented to its full potential.
Kremlin Calls Nord Stream Attacks State-Sponsored “Terrorism”
Four days after leaks spewing gas into the Baltic Sea were first spotted, Russia is blaming the incident on state-sponsored “terrorism”.
Qatar Says Soaring Prices Have Forced Europe To U-Turn On Green Energy Ambitions
The energy crisis and soaring energy prices have forced Europe into making a U-turn and burn more coal again in order to keep the lights on.