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G7 coalition has agreed to set fixed price for Russian oil

The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.

read more... 04/11/2022

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Germany set to attach conditions to gas price 'brake'

The German government is likely to insist companies that benefit from a planned "brake" on gas prices meet conditions, such as staying in the country or preserving 90% of the jobs they provide for a year, sources familiar with matter told Reuters.

read more... 31/10/2022

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Spain confirms intention to withdraw from Energy Charter Treaty

Spain has initiated a procedure to withdraw from the Energy Charter Treaty (ECT), which protects investments in fossil fuels and other energy infrastructure, official sources confirmed to EURACTIV’s partner, EFE.

read more... 17/10/2022

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German gas commission agrees proposals to ease impact of soaring prices

Germany's expert commission charged with drawing up plans to ease the impact of soaring gas prices on consumers agreed on a set of proposals early on Monday, sources close to the talks said.

read more... 10/10/2022

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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

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