About: gas price
LEAK: EU countries urged to prepare for Russian gas ‘supply shock’
In a policy document due to be adopted on Wednesday (18 May), the European Commission urges EU member states to step up preparations for a “full disruption of Russian gas supplies” by considering emergency measures like a temporary cap on gas prices.
EU carbon price could hit €100 by year end after record run – analysts
Europe's benchmark carbon price is on track to hit €100 a tonne by the end of the year, analysts said, after it reached a new record high of €89.37 a tonne on Wednesday (8 December), marking a near 50% rise since the start of November.
Fit for 55: How to deliver ambitious climate targets while protecting consumers?
The EU Commission “Fit for 55” places Europe as the global leader on climate ambition. The EC package has charted a path to reach further decarbonisation in 2030, with a special focus on decarbonising transport and buildings.
Gazprom books fraction of gas transit capacity via Poland, ignores Ukraine
Russian gas giant Gazprom has booked about a third of offered additional gas transit capacity via the Yamal-Europe pipeline via Poland for November and has not booked any volumes via Ukraine, auction results showed on Monday (18 October).
US urges Russia to do more for European energy security
US Deputy Secretary of State Wendy Sherman, in a meeting with Russian Deputy Prime Minister Aleksey Overchuk on Thursday (14 October), called on Russia to "do more to ensure European energy security," the US State Department said.
Putin blames EU green policies for energy price spike
Russian President Vladimir Putin said on Wednesday (13 October) that the reason for the energy price spike is the shortage of electricity as a result of increased use of renewable energy.
EU to study joint natural gas buying as response to energy price spike
The European Union will look into an option for member states to jointly buy natural gas as the bloc considers ways to protect itself against surging energy prices, according to a draft document.
Putin says Ukraine gas pipeline system can ‘burst’ at any time
In the context of skyrocketing gas prices and calls for Russia to supply more gas to the EU, Russian President Vladimir Putin appeared to exclude Ukraine as a transit country for such additional supplies. However, he said Russia would fully comply with its present contractual obligations for the transit of gas through Ukraine to Europe.
Explainer: Could a ‘strategic reserve’ ease Europe’s gas crisis?
European governments are scrambling for solutions to protect households from higher energy bills, as gas and electricity costs hit record highs across the continent ahead of the winter heating season.
Germany seeks competition assurances over Nord Stream 2
Germany's energy regulator said the Nord Stream 2 pipeline must show it would not break competition rules by limiting which suppliers used it and could face a fine if it started pumping Russian gas to Germany without securing necessary approvals.
EU leaders to discuss soaring energy prices
Leaders of European Union countries will discuss surging energy prices when they meet next month, as governments scramble to cushion households from the soaring cost of gas and power.
Italy’s Draghi announces €3 billion package to keep energy prices down
Italian Prime Minister Mario Draghi on Thursday (23 September) announced measures worth three billion euros to keep gas and electricity bills down this winter as power prices soar across Europe.
Why Europe is facing an energy price surge
Prices for gas and electricity are soaring in Europe as winter approaches, forcing governments to react. Here is what's behind the price increase:
US blame Russia for manipulating Europe gas prices, Moscow retorts the EU messed it up
A US official warned against "manipulation" of gas prices in Europe, as a group of European MEPs accused Russia of being behind price rises. In return, Russia said the disbalance was a result of mistaken EU policy making.
EU energy ministers meet to discuss power price surge
Energy ministers from European Union countries will on Wednesday (22 September) discuss the soaring price of gas and electricity across Europe, as some governments draw up measures to protect their consumers.
IEA says Russia could do more to supply Europe with gas
The International Energy Agency (IEA) said on Tuesday (21 September) Russia could do more to help alleviate gas supply issues in Europe which have driven prices up to record highs over the past month.
Kremlin: Nord Stream 2 start will help cap gas prices in Europe
A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters, as Moscow awaits for regulatory clearance for gas flows to begin.
Russia to break the Gazprom gas export monopoly via Nord Stream 2
Russia's Energy Ministry is due to prepare a report in the coming days about the possibility of Rosneft exporting natural gas to Europe via the new Nord Stream 2 pipeline, Interfax cited Deputy Prime Minister Alexander Novak as saying on Wednesday (15 September)
TAP pipeline meets 12% of Italy’s gas demand
Before the Trans-Adriatic pipeline (TAP) was built, Italian businesses were paying a higher price for energy compared to their European peers, said Vugar Veysalov, head of external affairs at TAP. The new pipeline, which will also supply Greece and Bulgaria, will bring greater flexibility of prices, he told EURACTIV in an exclusive interview.
Ahead of heating season, EU gas tanks are full
With gas prices at a ten-year low, storage tanks are far fuller than average for this time of year. This may have political implications as lawmakers think about security of supply.
Ukraine’s elections highlight deep divides over natural gas
The direction of Ukraine’s energy policies is of great interest to observers in Brussels and the European capitals, as a stable and prosperous Ukraine would increase overall European energy security, writes Robert Rapier.
Ukraine parliament passes budget to unlock $3.9 billion in IMF loans
Ukrainian lawmakers passed the 2019 budget early on Friday (23 November), taking a crucial step to unlock $3.9 billion of loans from the International Monetary Fund to tide over a choppy election period next year.
Study for EU questions France-Spain gas pipe plan
A report prepared for the European Commission has questioned the economic viability of plans to build a gas pipeline connecting Spain and France, designed in part to help reduce Europe’s reliance on Russian piped gas, five sources told Reuters.