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Brussels has made slight concessions to member states. The climate law will be more flexible.
Economy|Energy

Brussels has made slight concessions to member states. The climate law will be more flexible.

The European Union has set itself a new, transitional and legally binding climate target. By 2040, it aims to reduce net greenhous…

The European gas headache continues. This time not because of Russia, but the US
Economy|Energy

The European gas headache continues. This time not because of Russia, but the US

For the past four years, Brussels has been rushing to remove every molecule of Russian gas from the continent. In doing so, it fai…

Gas reserves have fallen below 40 percent, prices have skyrocketed. Gas suppliers assure that there will be enough to last until spring
Economy|Energy

Gas reserves have fallen below 40 percent, prices have skyrocketed. Gas suppliers assure that there will be enough to last until spring

This winter, Europe is facing freezing temperatures and the whims of the American president. Both factors are having a significant…

EU ministers have definitively approved a ban on Russian gas. Slovakia and Hungary were against it
Economy|Energy

EU ministers have definitively approved a ban on Russian gas. Slovakia and Hungary were against it

Gas from Russia should no longer be reaching the European Union in less than two years. Moscow, which supplied almost half of the …

The uninvestable project called Venezuela and its oil
Economy|Energy

The uninvestable project called Venezuela and its oil

Black gold is said to be one of the reasons for US interest in Venezuela. Not so fast, say the big oil players, it's time to take …

Sanctions are hampering Russia's ambitions. The target in natural gas production is shifting significantly
Economy|Energy

Sanctions are hampering Russia's ambitions. The target in natural gas production is shifting significantly

LNG was supposed to be one of the main pillars of Russia's energy strategy after the loss of the European market.

MEPs approve plan to end Russian gas imports
Economy|Energy

MEPs approve plan to end Russian gas imports

The legislation foresees a gradual phase-out of gas supplies over the next few years.

US sanctions are said to be driving Asia away from Russian oil. But India has imported the most of it in half a year
Economy|Energy

US sanctions are said to be driving Asia away from Russian oil. But India has imported the most of it in half a year

Donald Trump has not reinvented the wheel. The effect of US sanctions on Lukoil and Rosneft is narrowly limited and Russian oil wi…

It will not be easy to dictate European "net zero" to the world
Economy|Energy

It will not be easy to dictate European "net zero" to the world

After the initial shock of 2022, the natural gas supply situation to Europe has calmed down, albeit in a new price reality. Liquef…

Ukrainians are facing their toughest winter yet. Zelensky's mistake helped
Economy|Energy

Ukrainians are facing their toughest winter yet. Zelensky's mistake helped

Russian attacks are devastating Ukraine's energy infrastructure. Electricity production has fallen by a third since the start of t…

The end of cheap electricity in France? The maintenance of the nuclear fleet requires huge expenditures
Economy|Energy

The end of cheap electricity in France? The maintenance of the nuclear fleet requires huge expenditures

France is filling the headlines with an increasingly hopeless budget situation and a huge voter resistance to any reforms. But in …

Oil crisis due to US sanctions postponed for a year. Thanks to Orbán
Economy|Energy

Oil crisis due to US sanctions postponed for a year. Thanks to Orbán

Viktor Orbán negotiated for Hungary an exemption from US sanctions on Lukoil and Rosneft at the White House, which also saves Slov…

Demand for oil and gas will continue to grow until 2050
Economy|Energy

Demand for oil and gas will continue to grow until 2050

The International Energy Agency adjusts its estimates. Artificial intelligence is changing the world of energy - from green target…

Hungary to sign nuclear deal with the U.S., to buy fuel and technology
Economy|Energy

Hungary to sign nuclear deal with the U.S., to buy fuel and technology

The agreement is set to be signed during the visit of U.S. President Donald Trump, who supports the diversification of energy sour…

Wen bedrohen Trumps Sanktionen gegen russisches Öl?
Economy|Energy

Wen bedrohen Trumps Sanktionen gegen russisches Öl?

Donald Trump hat den bislang einschneidendsten Schritt der USA zur Zerstörung des russischen „Öl-Geldautomaten” unternommen. Dies …

The Union has approved the first step toward completely abandoning Russian energy sources
Economy|Energy

The Union has approved the first step toward completely abandoning Russian energy sources

On Wednesday, the ambassadors of the member states agreed to support a draft law that provides for a complete cessation of energy …

Zelensky told Trump that Slovakia could do without Russian oil and gas
Economy|Energy

Zelensky told Trump that Slovakia could do without Russian oil and gas

During a meeting with Donald Trump, Ukrainian President Volodymyr Zelensky emphasized the need to exert more pressure on Russia th…

Bloomberg: Brussels seeks ways to restrict Družba
Economy|Energy

Bloomberg: Brussels seeks ways to restrict Družba

The European Union is reportedly considering new trade measures that would focus on the remaining supplies of Russian oil via Druz…

Motorists can look forward to golden times, Russia will suffer particularly badly
Economy|Energy

Motorists can look forward to golden times, Russia will suffer particularly badly

At first glance, the decision announced by oil exporters at the beginning of September does not appear particularly important. Nor…

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