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European Commission proposes emergency energy market intervention

In reaction to recent dramatic energy price rises, the European Commission has proposed an emergency…

Dutch government to help cover energy bills of struggling consumers

The Dutch government has decided to allocate at least 150 million euros to prevent people being cut…

€65 billion relief package for German households approved

The German government has approved the third package of relief measures to ease pressure on…

Italian manufacturers cut output due to sky rocketing energy prices

According to a local government representative, energy-intensive industries in Italy are modifying…

Erdogan said Turkey will pay for some Russian gas in rubles

On Friday August 5, the Russian and Turkish presidents met in Sochi. A day after the meeting,…

Eurozone inflation climbs to a record 8.6% in June

Surging energy prices partially connected to the war in Ukraine have pushed inflation in the 19…

Uncertainty on oil markets

Experts expect uncertainty on oil markets in the near future, because of the ongoing war between…

Most of US LNG export went to Europe for the second month in a row

According to Refinitiv data, about two-thirds of US liquefied natural gas (LNG) volumes went to…

Nord Stream 2 pipeline unlikely to start operations before summer

Jochen Homann, the head of Germany's Federal Network Agency, has warned that the Nord Stream 2 gas…

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