Tag Archives: European Union (EU)

European Union energy ministers are set for another spat over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little room for immediate action. At an emergency meeting in Luxembourg on Tuesday, the ministers will discuss how the EU could …

The European Union’s top negotiator will meet his counterpart from Tehran this week in Brussels for talks on restarting negotiations over Iran’s nuclear deal, a spokesman for the bloc said on Monday. “I can confirm that a bilateral meeting with his Iranian counterpart is planned for this week,” spokesman Peter …

The EU’s jobs and social rights commissioner has warned of rising energy poverty in Europe as prices climb. Nicolas Schmit told dpa there are millions already who suffer from energy poverty in the bloc, and said the number could keep growing. The EU Commission could help EU countries limit the …

The European Commission published Wednesday the “EU’s Arctic Strategy” outlining the EU’s goals within the arctic. These aims include prohibiting future mining of oil, coal, and gas in Arctic regions, given the current climate crisis. The Arctic Strategy states, “The EU is committed to ensuring that oil, coal, and gas …

Russian President Vladimir Putin said Russia was not using gas supply as a weapon and was ready to help ease Europe’s energy crunch as the EU called an emergency summit to tackle skyrocketing prices. Energy demand has surged as economies have rebounded from the pandemic, driving up prices of oil, …

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. The European Commission will this week publish a “toolbox” of measures that European Union countries can take …

European Union countries have enough gas in storage to go through the winter, but the surge in gas prices shows the need to quickly switch to renewable sources and analyse the idea of a strategic EU gas storage and joint buying, European Energy Commissioner Kadri Simson said. “Gas underground storage …

The European Parliament’s environment committee on Tuesday rallied behind EU plans to make companies and countries cut their methane emissions, indicating lawmakers are likely to back upcoming legislation to clamp down on the potent greenhouse gas. Methane is the second biggest cause of climate change after carbon dioxide. It has …

Europe’s energy ministers have joined forces to establish a plan that will reduce their dependence on foreign gas and purchase supplies as a bloc as part of a larger effort to combat Russia’s stake in the highly-coveted resource. The plan is to purchase strategic gas reserves as a bloc with …

European Union countries are struggling to agree their negotiating position for the COP26 climate change conference, with rifts emerging over timeframes for emissions-cutting pledges, according to officials and documents seen by Reuters. The EU is drafting its position ahead of the November COP26 talks, where countries will attempt to finish …