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Tag - Europe's energy crisis
Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025. ADVERTISEMENT The price cap, which has never been...
The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by...
One year ago, European politicians were in a state of panic watching wholesale gas prices break all-time records. The numbers seemed to be in the grip of an...
Gas storage across Europe is now filled at just under 90% capacity, reaching a mandatory target to ensure the continent can power itself through winter with...
Europeans seem to have moved on from the worst of the energy crisis. The question of energy supplies, which were dramatically upended in the aftermath of...
European leaders gathered in Brussels this week, just days after the short-lived rebellion by Wagner mercenaries. European policymakers spent the week figuring...
The energy crisis prompted the EU to seek closer ties with Azerbaijan. Here’s why it’s controversial
‘Green’ Azeri energy isn’t a magic bullet for EU dependence on Russia, experts say. “Since the beginning of Russia’s war, we have decided to turn our back on...
The European Commission said on Wednesday that if energy prices were to flare up again, any support measures rolled out should be “targeted at protecting...
Suppliers who took part in the first tender round offered more than 13.4 billion cubic metres (bcm) of gas, higher than the 11.4 bcm requested by buyers. But...