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Europe Approaches Gas Storage Target Despite Reduced Russian Supply – Bloomberg

The market's cautious optimism was further strengthened by...

The German-Danish wind hub in the Baltic will help replace Russian natural gas

LAST UPDATE: 10:41 A €9 billion offshore wind power hub planned in the Baltic would mark a major step in weaning Europe off Russian gas, according to Bloomberg, citing the governments of Germany and Denmark. The so-called Bornhold...

FT: EU to suspend Russian visa deal

EU foreign ministers are this week to back the suspension of the bloc's deal with Moscow to facilitate the issuance of permits in a bid to reduce visas issued after some eastern member states threatened to...

Europe – Britain: No ironing, daily shower, food in the oven – Millions of households threatened with energy poverty

Forget ironing, turn off the oven and take a shower at work – Europeans are trying to cut down on energy use, but their electricity bills are getting higher and higher. As wholesale gas and electricity prices...

Bloomberg: The European policy of subsidizing electricity bills is at an impasse

European governments have already set aside about 280 billion euros to cushion the impact on businesses and households from soaring energy prices, but the aid risks deepening the crisis, according to Bloomberg. With Russia curbing natural gas...