Tag Archives: European Union (EU)

European Union Energy Commissioner Kadri Simson after a meeting with energy ministers of EU member-countries in Amiens in France on Saturday, said that the gas storage for this time of the year was less than usual, and announced that she will visit Washington and Azerbaijan next month to discuss the …

European Union climate chief Frans Timmermans called on member states to increase investment in renewable energy and eventually wean the continent off Russian gas. Tensions between the bloc and Russian President Vladimir Putin have been escalating amid accusations that Gazprom PJSC, Russia’s state-owned energy company, isn’t doing more to fill …

The US government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two US officials and two industry sources said. The United States is concerned Russia is preparing for the possibility of a …

The EU is to blame for its energy crisis, Russia’s Deputy Prime Minister Alexander Novak said Saturday. A global gas supply crunch has sent consumer bills soaring across Europe, fueling inflation and accusations, most recently by International Energy Agency boss Fatih Birol, that Moscow is exacerbating the problem by withholding …

The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published at the weekend. “Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. …

Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects. Germany pulled the plug on three of its last six nuclear power stations on Friday …

The EU is planning to label energy from nuclear power and natural gas as “green” sources for investment despite internal disagreement over whether they truly qualify as sustainable options. The proposal, seen by AFP on Saturday, aims to support the 27-nation bloc’s shift toward a carbon-neutral future and gild its …

The allegations of insufficient gas supplies against Russia and the Gazprom energy corporation are unacceptable and groundless, European states create obstacles for themselves, Spokesman for the Russian gas giant Sergey Kupriyanov told the Rossiya-1 TV channel. “All accusations against Russia and Gazprom relating to delivering insufficient amount of gas to …

The European Commission unveiled on Wednesday proposals to curb methane emissions and reduce leaks in the energy sector in the European Union (EU) as part of efforts to put the bloc on a path to climate neutrality by 2050. Methane is a powerful greenhouse gas, second only to carbon dioxide …

The European Union plans to stop funding new oil and gas pipelines in future, as it switches the focus to promoting energy sources that are less harmful to the climate. Negotiators from the EU member states and the European Parliament agreed on Wednesday morning on a reform of the TEN-E …