Now playing Next world news Ukraine war: EU, G7 back $60-per-barrel price cap on Russian oil The $60 (€56.9) price cap on Russian oil per barrel, also adopted by G7 countries and Australia, is seen as a key step as Western sanctions aim to starve President Vladimir Putin of funding for his war in Ukraine. 02/12/2022
Now playing Next Europe News 'Russia will lose the energy battle,' says IEA chief Fatih Birol Europe was by far Russia's largest market and client and "Russia lost this client forever", the International Energy Agency chief said in an interview with Euronews. 28/10/2022
Now playing Next world news Heads of Russia and UAE meet after OPEC+ cuts oil production Russian President Vladimir Putin and the leader of the UAE Sheikh Mohammed bin Zayed Al Nahyan meet in St Petersburg days after OPEC+ cuts oil production. 11/10/2022
Now playing Next Ukraine Death toll from missile strikes climbs as Zelenskyy makes military vow President Zelenskyy said "We will make the battlefield more painful for the enemy." 11/10/2022
Now playing Next Europe Decoded The G7 wants to cap the price of Russian oil. It won't be easy. Western countries want to use their leading insurance and shipping companies to slash the Kremlin's oil revenues. 10/10/2022
Now playing Next state of the union Sanctions, summits and nuclear threats take centre stage in Europe In our State of the Union show, we bring you the top stories driving the news in Brussels. 07/10/2022
Now playing Next Business OPEC+ to cut oil production by 2m barrels a day to ‘boost prices’ OPEC+ alliance agreed to its largest reduction in oil production since the spring of 2020, in a move strongly criticised by Washington. 05/10/2022
Now playing Next Mobility Cycling nation: The secret to the Netherlands’ biking success The Netherlands is famous for its cyclists, but how has the country managed to encourage so many people into the saddle? 17/09/2022
Now playing Next Saudi Arabia Biden to visit Saudi Arabia despite Khashoggi killing criticism US President Joe Biden promised to make Saudi Arabia a "pariah" on his campaign trail two years ago, but energy and security concerns have forced a changed stance. 15/07/2022
Now playing Next Europe News EU leaders endorse ban on Russian oil, exempting pipeline imports The European Council agreed to a Hungarian demand to completely spare oil imports coming through pipelines. 30/05/2022
Now playing Next United Arab Emirates UAE leader Sheikh Khalifa bin Zayed dies, aged 73 The monarch, who oversaw much of the UAE's economic growth, had been in poor health for a number of years. 13/05/2022
Now playing Next Europe News Brussels proposes to stop Russian oil imports by the end of the year EU chief Ursula Von der Leyen has unveiled a proposal that would give EU countries until the end of the year to phase out imports of Russian oil. 04/05/2022
Now playing Next Economy After coal, the EU faces an uphill battle to ban Russian oil and gas As EU countries agree to ban Russian coal, all eyes turn to oil and gas, Moscow's most profitable exports. 12/04/2022
Now playing Next USA Fighting gas prices, US to release 50 million barrels of oil President Joe Biden on Tuesday ordered 50 million barrels of oil released from the US' strategic reserve to help bring down energy costs. 23/11/2021
Now playing Next Russia Euroviews. The contours of Russia’s energy exports are defensible | View "It seems simplistic if not outright false to frame the actions of Russia’s energy sector, a core contributor to its GDP, as anything other than those of a reasonable actor operating in a dynamic, challenging environment." 19/11/2021
Now playing Next Green News The polluting nations trying to 'water down' crucial UN climate report Nations wanted lines about fossil fuel and meat-free diets to be removed according to Greenpeace Unearthed. 21/10/2021
Now playing Next France Carlos the Jackal: Paris court upholds terrorist's third life sentence The convicted Venezuelan terrorist known as the "Carlos the Jackal" has has his third life sentence upheld, which was handed down for a 1974 grenade attack in Paris. 23/09/2021