US to secure additional 15 billion cubic meters of gas for EU this year with LNG
The US said it would strive to ensure, with international partners, added LNG volumes for the EU of at least 15 billion cubic meters in 2022
Biden may promise more LNG to EU but US lacks spare capacity
The US president is expected to commit to extra volumes of LNG for Europe even though the global market is tied up in long-term contracts
EU’s push for Persian Gulf LNG set to worsen energy price inflation
The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
EU rolls out plan to cut demand for Russian gas by two thirds in 2022
The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas
Timmermans: EU countries can delay coal phaseout to avoid Russian gas
A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says
EU accelerating push to reduce dependence on Russian gas
Experts say urgent measures can slash the need for gas in the EU as the European Commission is pushing for a reduction in reliance on Russian gas
Romania to extend energy price cap until March 2023, proposes bank loan moratorium
The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms
Energy firms sue four EU countries for disrupting their fossil fuel projects
Five energy companies including RWE seek almost EUR 3.7 billion in damages from the Netherlands, Italy, Poland and Slovenia