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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal

German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.

read more... 20/12/2023

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EU to give member states authority to halt Russian gas imports

The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus, the Financial Times reported on Friday.

read more... 11/12/2023

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Bulgarian government doubts it will collect gas taxes from Putin

The government has decided to withdraw the estimated revenue of €1.2 billion from the new tax on the transfer of Russian gas from the state budget 2024 because the ruling majority doubts that the money can be obtained, Finance Minister Asen Vasilev said on Sunday.

read more... 21/11/2023

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EC sues Poland over cross-border gas trading restrictions

The European Commission has decided to bring a lawsuit against Poland to the European Court of Justice over its legislation imposing additional costs on cross-border gas trading, the former said on Thursday.

read more... 17/11/2023

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EC mulls extending emergency measures due to Middle East crisis

The EU may need to prolong emergency energy measures as the conflict in the Middle East has heightened the risk of new energy shocks, EU energy commissioner Kadri Simson said late on Wednesday.

read more... 10/11/2023

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