Tag

Energy Prices

Spain and Portugal: Iberian exception for gas prices

Madrid and Lisbon are proposing to Brussels to cap the price of gas at €30 in order to halve the price of electricity. This is a temporary special measure for the two countries, which are poorly connected to the European energy network and do not rely on Russian gas.

By Isabel Cuesta Camacho

Alternatives to Russian gas

Simson threatens forced sale of gas storage facilities

As early as this year, the Commission wants to reduce the EU's dependence on Russian gas by two-thirds. Gas storage facilities are to be considered critical infrastructure throughout Europe in the future. Brussels issues a thinly-veiled threat to the operator Gazprom.

By Manuel Berkel

Oil embargo depends on Saudi Arabia

Talks about a possible import ban on Russian oil caused the price to climb to almost $140 per barrel almost overnight. However, the German government reiterated its rejection of an embargo. However, the dismissals have increasingly severe consequences, and Shell is restricting the sale of oil products in Germany.

By Manuel Berkel

Sanctions for oil and gas technology

The EU has decided to impose sanctions on the Russian oil and gas industry. Technical equipment for the energy sector is affected. In Germany, meanwhile, compensation for further increases in energy prices is being discussed.

By Lukas Knigge