EU countries agree on COP27 climate ambitions
EU environment ministers met in Luxembourg on Monday to discuss their climate ambitions ahead of the COP27 UN climate conference taking place in Sharm el Sheikh. The European Union has … Read More
Tag: Gas
Energy crisis: EU countries still split by ‘different views’ on gas cap
The first-ever EU cap on gas prices still has a long way to go. The 27 countries are split by “different views” around the unprecedented proposal which aims to set … Read More
Energy crisis: Europe’s gas prices fall below €100 MWh for the first time since mid-June
Europe’s gas prices have fallen below €100 per megawatt-hour for the first time since mid-June, as mild autumn weather tame demand and storage facilities reach near-total capacity. At the end … Read More
Spain and France announce new deal to build underwater gas pipeline
Spain and France have struck a new deal to build an underwater gas pipeline from Barcelona to Marseille, cancelling a long-stalled pipeline project that would have connected the countries through … Read More
Ursula von der Leyen presents first-ever EU cap to curb excessive gas prices
Ursula von der Leyen has presented the layout of the first-ever EU-wide cap to rein in surging gas prices, but the measure will apply only in cases of extreme volatility … Read More
Energy crisis: Brussels plans ‘dynamic’ cap to contain volatility in gas prices and curb speculation
The European Union could soon have a price cap to bring soaring gas prices under control, but only as a measure of last resort to contain extreme speculation and volatility … Read More
14-year-old runs out of gas in allegedly stolen Mustang during police chase, jumps off bridge
A Michigan teenager jumped over the retaining wall of a freeway and fell 25 to 30 feet after running out of gas in an allegedly stolen Mustang during a police chase on … Read More
Energy crisis: EU still split on gas cap as Germany and the Netherlands join forces to oppose
There is still not enough consensus among the 27 EU countries to establish a cap on gas prices, as Germany and the Netherlands joined forces to oppose the unprecedented move. … Read More
Europe’s gas prices reach three-month low as consumer demand and industrial production decline
Europe’s gas prices have reached a three-month low, as demand from industry and households declines. Prices at the Dutch Title Transfer Facility (TTF), Europe’s leading trading hub, were on Monday … Read More
Energy crisis: EU countries set to debate price cap on gas and its potential risks
The idea of imposing a price cap on gas imports and transactions is set to top the agenda of an informal meeting of EU countries in Prague. It comes a … Read More
