Latest news
UK energy package to cost 60 bln pounds over next six months
Britain will spend about 60 billion pounds ($67 billion) on subsidising gas and electricity bills for the next six months for households and businesses, finance minister Kwasi Kwarteng said on Friday.
read more... 26/09/2022
EU watchdog proposes emergency brake for energy markets
A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the European Union's securities watchdog proposed on Thursday, along with more fundamental changes over time.
read more... 26/09/2022
EU considers more action to tame energy prices, fix liquidity squeeze
The European Commission is working on more measures to tame sky-high gas prices and support energy firms facing a liquidity crunch, and may lay out its plans to EU countries next week.
read more... 23/09/2022
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Germany weighs nationalising gas importer Sefe
Germany is looking at nationalising gas importer Sefe, previously Gazprom Germania, to protect it from bankruptcy, two sources familiar with the matter said on Thursday, a day after Berlin moved to nationalise top gas importer Uniper
read more... 23/09/2022
European governments splurging €500bn to cushion energy crisis
Governments in Europe have earmarked nearly €500 billion in the last year to cushion citizens and companies from soaring gas and power prices, according to research published by think-tank Bruegel on Wednesday (21 September).
read more... 22/09/2022