An announcement on the company’s formation is expected imminently as policymakers seek to get the process moving before the winter heating season.Yesterday
The US has decided to allow Iraq to buy gas from Iran for a further four months, ensuring vital supplies to the Iraqi electricity sector.
Member states will try for a third time in November to reach consensus on the European Investment Bank's contentious new energy lending policy.
Europe has plenty of gas in storage, but a cold spell coupled with disruptions to Russian supplies transiting Ukraine could lead to winter shortages, particularly in southeastern Europe.
The amendment would allow for the development of new coal mines without regional or local approval, possibly setting back Poland's switch to renewables and gas.
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