EU Threatens Turkey with Sanctions over Cyprus Drilling
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's "illegal" drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further…
EU Seeks Mandate for Talks with Russia Over Nord Stream 2
The European Union's executive on Friday asked 28 governments in the bloc to give it the authority to negotiate with Russia to ensure its laws are respected in building the Nord Stream 2 gas pipeline, a project that has divided EU states.
Polish Firms Concede Defeat in Search for Shale Gas Riches
Poland's drive to exploit shale gas has come to an end with state-run gas firm PGNiG and oil refiner PKN Orlen drawing a line under projects to find it. The country's quest to explore for shale gas began five years ago…
EU Leaders Sign Letter Objecting to Nord Stream-2 Gas Link
Eight EU governments have signed a letter objecting to the Nord Stream-2 project that would double the amount of gas shipped directly from Russia to Germany, according to a document seen by Reuters.
Climate Change, Energy Back on EU Agenda
Campaigners say Paris deal paved way for more EU action; France has led push for Europe to continue to lead. EU leaders meeting in Brussels this week will debate the Paris Agreement on climate change…
EU Lacks Clear Gas Strategy, Says Supplier Norway
Norway, the European Union's second largest gas supplier after Russia, has told the bloc it lacked a clear strategy on gas and was therefore cooling willingness to invest in new fields and pipelines, documents published on Tuesday showed.
Oil Tumbles as Iran Nuclear Deal Looms
Iran, big powers said to be on brink of nuclear deal. Oil prices tumbled on Monday as Iran and six world powers closed in on a nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets.
Germany Says Idea of EU Gas Buyers Cartel Cannot Work
Norway and its main gas buyer in the European Union, Germany, agree that there is no need to establish a gas buyer's cartel in Europe, officials said on Friday. The idea of EU buying natural gas…
EU Should Buy Gus as One: Sefcovic
Single buyer idea criticised by some as anti-competitive; EU spends around 400 billion euros/yr on imported fuel. The European Union as the world's biggest energy consumer should explore ways to buy gas as a group…
Poland Discussing Coal Mining Consolidation
Polish Prime Minister Donald Tusk said on Friday the government is discussing consolidating the country's coal mining sector. "There has emerged a very interesting proposal of consolidation, which…
Obama: US, EU Must Commit to Ambitious Emissions Targets
U.S. President Barack Obama on Tuesday touted new proposals from his administration to reduce carbon dioxide emissions from power plants and said the United States and Europe had to lead by example in fighting global warming.
EU wants Uniform price for Russian gas for all member states
EU's Oettinger calls for uniform pricing. Wants better gas, electricity links with Ukraine, Georgia. European Union member states should reject Moscow's "divide and rule" tactics on pricing its…
Polish PM Calls For EU Energy Union To End Dependence On Russian Gas
The European Union must create an energy union to secure its gas supply because the current dependence on Russian energy makes Europe weak, Poland's Prime Minister Donald Tusk wrote in an article in the Financial Times.
