European Commission

The G-7 coalition comprising of Germany, France, the UK and USA, Japan, Canada and Italy is inching toward an agreement on expanding its sanctions against Russia by looking for a mechanism to cap the purchase price of Russian oil.
  • November 28, 2022
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Last week, German Chancellor Olaf Scholz announced that Germany was reopening five power plants that burn lignite, a low-rank coal.
  • October 30, 2022
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Over 70,000 Czech protestors came to the streets last week in the country's capital, Prague, demanding the government take a neutral stand on the ongoing Russia-Ukraine crisis.
  • October 30, 2022
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EU energy ministers struggled to overcome divisions on how to regulate the cost of energy generation in the bloc, with holes poked in the idea of capping gas prices.
  • October 28, 2022
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Hungary's foreign minister said he met Russian Foreign Minister Sergei Lavrov in New York and discussed gas shipments and construction of the Paks nuclear plant being built by Russia's Rosatom.
  • October 25, 2022
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The European Commission has warned countries that an EU-wide cap on the price of gas used to produce electricity could cause an increase in gas use and exports of EU-subsidised electricity.
  • October 24, 2022
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