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Hungarians protest looser logging rules to tackle energy crunch

The government has said that logging will only be ramped up in the case of an emergency.

18/08/2022

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Explained: What is Gazprom and what makes it so powerful?

The energy giant has an exclusive monopoly to export Russian pipeline gas.

16/08/2022

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Portugal and Spain back Scholz over Iberia—central Europe gas pipeline

The German chancellor said a pipeline linking the Iberian peninsula to central Europe was "sorely" lacking, as the continent seeks to wean itself off Russian gas supplies.

12/08/2022

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German glass bottle producer for Gucci and L'Oréal faces shutdown

German glass bottle producer Heinz-Glas is heavily dependent on gas. The age-old industry now faces a potential shutdown as the country scrambles to ration reserves in a bid to survive the winter months.

09/08/2022

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Moldova's ex-president seeks snap elections as gas prices soar

Pro-Russian opposition leader Igor Dodon has called for immediate elections, after an announcement that gas prices in Moldova rose by 47% last month.

03/08/2022

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Sales of electric heaters soar in Germany amid winter gas crisis fears

Germany is heavily reliant on Russian gas imports and Berlin fears supplies will be cut this winter over the war in Ukraine.

03/08/2022

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What is the EU doing to save energy as a gas crisis looms?

Europe is preparing for the worst case scenario if Russia decides to completely cut gas supplies.

29/07/2022

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Tieless Pedro Sánchez asks Spaniards to ditch the tie to save energy

The Spanish PM showed up tieless to a press conference and asked his fellow Spaniards to follow suit.

29/07/2022

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Inflation across the eurozone reaches new all-time high of 8.9%

Core inflation, which excludes volatile items like energy and food, stood at 4%, the highest figure since the euro was created.

29/07/2022

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Shell reports record profits amid cost of living crisis

Russia's invasion of Ukraine has sent energy prices soaring and boosted profits for energy companies.

28/07/2022

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All you need to know about the EU's 15% gas reduction plan

The plan could introduce mandatory rationing across the bloc if Russia totally cuts off gas supplies.

27/07/2022

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Fears of winter gas shortages as Nord Stream reduced to 20% capacity

Gas deliveries via Nord Stream fell on Wednesday to almost 20% of the pipeline's capacity, amplifying the risk of shortages this winter in several European countries.

27/07/2022

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Energy ministers reach deal on EU-wide gas reduction plan

Member states rushed to secure exemptions to the target to reflect national circumstances, like LNG availability.

26/07/2022

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Russia to make drastic cuts to EU gas supply via Nord Stream pipeline

Ukraine's President Zelenskyy says the Kremlin is waging "open gas war against a united Europe."

26/07/2022

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'A total mess': Opposition mounts against the EU's gas reduction plan

Southern countries argue the European Commission's proposed plan is disproportionate and unfair.

25/07/2022

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Germany bails out gas branch of Finnish state-owned energy supplier

The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries,

22/07/2022

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Hungary's FM visits Moscow to up gas supplies as EU calls for curb

Budapest is keen to buy up to 700 million cubic metres of gas from Russia, said foreign minister Peter Szijjarto.

21/07/2022

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Nord Stream 1 restarts with fears of reduced capacity

Natural gas has started flowing through a major pipeline from Russia to Europe after a 10-day shutdown for maintenance, but the gas flow is expected to fall well short of full capacity.

21/07/2022

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Energy crisis: Brussels calls on member states to cut gas use by 15%

The aim, the Commission said, is to safeguard supply to households and essential users like hospitals and key industries.

20/07/2022

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Nord Stream to resume gas flows after 10-day maintenance

Two sources confirmed the information to Reuters, amid fears of an imminent total suspension of Russian gas supplies.

19/07/2022