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Russian gas supply halt would deal EU economic hit
The European Union could cope with a short term halt to all Russian gas imports but doing so would have “profound economic consequences” and require emergency measures to curb demand, according to analysis by the think tank Bruegel.
read more... 27/01/2022
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Germany supports gas in EU green label row
The German government this weekend reiterated its opposition to include nuclear energy in the EU's green finance taxonomy, while it called on the European Commission to amend rules for the inclusion of natural gas as a transitional fuel.
read more... 26/01/2022
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EU in touch with partners to boost gas supplies
The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in France on Saturday.
read more... 25/01/2022
Investor group warns EU against labelling gas investments as green
A coalition of investors managing 50 trillion euros ($56.81 trillion) has warned the European Union not to label natural gas investments as sustainable, saying Brussels' draft plan to do so would weaken its global leadership on green finance.
read more... 13/01/2022
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Greece fumes as Washington loses interest in EastMed gas pipeline
The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.
read more... 11/01/2022