Russian oil giant Gazprom has slapped Ukraine energy firm Naftogaz Tursday (24 April) with an additional $11.4 billion gas bill, more than five times its previous claim, increasing pressure on Kyiv, amid the deepest East-West rift since the end of the Cold War.
Energy efficiency action plans sent to Brussels by EU member states are so lacking in credibility that infringement proceedings should be taken out against 13 of them, according to the first major analysis of compliance efforts with a new European Union law.
The EU must create an energy union to secure its gas supply, because its current dependence on Russian energy makes Europe weak, Poland's Prime Minister Donald Tusk wrote in an article in the Financial Times.
Romania plans to exempt large industrial energy users from paying up to 85% of their renewable energy costs for 10 years, the economy ministry said on Thursday (17 April), hoping to avoid the threat of job cuts in an election year.
A non-binding resolution denouncing Russian pressure on Eastern European countries failed to receive the support of the Socialists and Democrats (S&D) in the European Parliament, out of fear it might derail a a Gazprom-favoured project which Bulgaria calls "strategic"."
The European Commission will hold three meetings with key industry groups this summer to thrash out whether the free allocation of carbon permits to big polluters should continue after 2020, when current measures expire.