BRUSSELS (AP) — European Union countries should set a price cap on Russian natural gas and seek a “solidarity contribution” from European oil and gas companies making extraordinary profits as the war in Ukra
European Union countries should agree a cap on the price of gas imported from Russia to help ease the burden of rising prices on businesses and households, Italian Prime Minister Mario Draghi said on Wednesday (24 August). "The Italian government has pressed hard at the European level for ...
Gazprom CEO Says Gas Price Cap Would Lead to Supply Halt More Reuters FILE PHOTO: Gazprom Chief Executive Alexei Miller attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia March 12, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS MOSCOW (Reuters) - G...
Higher Gas Bill Fear as Price Cap to GoGas customers could face higher bills next year after energy regulator Ofgem proposed an end to the last remaining price cap on British Gas.The Birmingham Post (England)
While gasoline prices in Slovenia jumped to record high on Tuesday after the government's May decree to cap retail prices expired on Monday, the government decided to cap the prices outside highways. Higher fuel prices are a major contributor to inflation in the euro zone. In May, consumer ...
If the former, we can reasonably say the cap will reduce electricity prices. If the latter, we could potentially be facing a supply crisis, with much higher electricity prices. If Eraring, the largest generator in eastern Australia, sits idle for want of coal to burn, more expensive gas ge...
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In 2023, half of all Russian liquefied natural gas (LNG) exports, worth €8.2bn, were directed to the EU market, as revealed in a report by the not-for-profit Centre for Research on Energy and Clean Air (CREA) published on Thursday (11 April). ...
How will Price Cap changes affect your energy bill in 2025? If you're on a standard tariff (most are), tell us how much you currently pay and we'll give you an estimate of what you'll pay over the next year under the Ofgem Price Cap. This includes: • The confirmed new July...
Energy ministers are meeting on Friday (30 September) to discuss ways to reduce energy prices and shield citizens and industry from soaring bills. EU member states are expected to agree on a wide range of measures, including a revenue cap on energy generators, and a special windfall tax impose...