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A Spanish gas-fired power plant Environmental Policy

Revised EU climate targets pose challenge for gas

The EU’s revised targets for energy efficiency and renewable generation raise questions about the future role of gas in the European energy mix.

21 June 2018
Competition Law

Brussels rules Luxembourg gave illegal tax benefits to Engie

The European Commission has found that Luxembourg allowed two companies in the French-owned Engie group to avoid paying taxes on almost all of their profits for about a decade

20 June 2018
Environmental Policy

EU agrees more ambitious energy efficiency target

The EU institutions have reached an agreement to increase the 2030 energy efficiency target to 32.5%, up from 27% currently.

20 June 2018
Mongstad CCS centre, Norway Environmental Policy

EU renewables target draws mixed reviews

The EU’s decision to scale up its 2030 renewables target has not been entirely well-received, with some believing it may undermine other climate policies.

18 June 2018
Dutch PM Mark Rutte called for a 55% CO2 reduction target for 2030 in Strasbourg this week Environmental Policy

Europe scales up ambition on renewables

The EU has set a more ambitious renewables target for 2030, which brings both pros and cons for the gas industry.

14 June 2018
Investment & Finance

European govts collect billions from gas sector – report

The gas industry brings in around €78 billion in annual tax revenues for European governments, a study commissioned by the IOGP says.

13 June 2018
The Staudinger coal power plant, Germany Environmental Policy

Coal still trumps gas in Europe despite carbon rally

Prices for EU carbon allowances have rallied in recent months but are still not high enough to provoke large-scale switching from coal to gas.

11 June 2018
Gazprom’s Dutch subsidiaries include Turkish Stream’s project company Investment & Finance

Naftogaz ups the ante in Gazprom arbitration saga

Naftogaz Ukrainy has been given permission by a Dutch court to freeze Gazprom assets in the Netherlands, but its next steps remain in question.

8 June 2018
A Romanian gas power plant. Energy Security

Romania’s coal sector faces heat as gas eyes chance

EU environmental legislation has put Romania’s coal sector under pressure, potentially paving the way for greater gas use in power generation.

7 June 2018
Market Legislation

South Stream subsidiary among Gazprom companies ordered to be seized

A Gazprom subsidiary in charge of building the Turkish Stream pipeline is among seven Gazprom subsidiaries due to be seized after a Dutch court on Tuesday.

6 June 2018
Cecilia Malmström, EU trade commissioner Market Legislation

Energy industry holds breath as US imposes steel tariffs

The energy industry is concerned that US tariffs on European steel and aluminium could push up costs and reduce energy demand.

4 June 2018
Alexei Miller and Maros Sefcovic Foreign Affairs

Ukrainian transit deal looks more uncertain than ever

The European Commission has a mammoth task in brokering a deal between Moscow and Kiev on Ukrainian transit beyond 2019.

1 June 2018
Competition Law

Gazprom must alter supply contracts to comply with EU probe – Yanovsky

The settlement of the European Commission’s antitrust investigation against Gazprom will require the Russian gas giant to alter a number of its gas supply contracts

30 May 2018
Polish gas storage facilities Market Legislation

Poland unimpressed by Gazprom’s antitrust pledges

Poland has yet to announce a formal position on the Gazprom antitrust case, but initial reactions suggest Warsaw does not believe the reforms go far enough.

25 May 2018
EU Competition Commissioner Margrethe Vestager Market Legislation

EU-Gazprom settlement heralds new dawn for CEE gas

Gazprom and Brussels have reached a settlement in the long-standing antitrust investigation against the Russian monopoly.

24 May 2018
Pipe-laying work on Turkish Stream 1 Competition Law

Gazprom considers extending TS2 to Bulgaria

Gazprom may connect Turkish Stream 2 to Bulgaria and on to Baumgarten. Doing so would mean submitting to EU rules but could offer an export route for Black Sea gas.

24 May 2018
Foreign Affairs

TS2 can be extended to Bulgaria only with EU guarantees – Novak

Russia needs a guarantee from Brussels that a potential extension of the proposed Turkish Stream 2 pipeline into Bulgarian territory will comply with EU regulations

23 May 2018
Environmental Policy

EU carbon prices continue bull run

Prices for EU carbon allowances under the European Emissions Trading System hit €16 per ton on Tuesday.

23 May 2018
Energy Security

EC urges talks on Ukrainian transit beyond 2019

The European Commission has invited Ukraine and Russia to begin trilateral talks on gas.

23 May 2018
Foreign Affairs

Conference on Ukraine gas transit to be held in Brussels on 25 May

Ukrainian Prime Minister Volodymyr Groysman will take part in a conference on the country’s gas transport system in Brussels on 25 May

22 May 2018

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