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energy

Romania eyes energy projects that diversify supply, says deputy minister

Energy diversification projects, such as a plan to build an electric cable under the Black Sea to carry Azeri power to the European Union,...

Europe’s spend on energy crisis nears €800 billion

European countries' bill to shield households and companies from soaring energy costs has climbed to nearly €800 bln, researchers said on Monday, urging countries...

EU’s power market overhaul talks to focus on shielding consumers

European Union government officials will discuss key elements of a planned overhaul of the bloc’s power market this week, setting the scene for difficult...

Energy crunch turns Sweden into Europe’s biggest power exporter

Europe’s energy crisis upended power trading last year, driving Sweden to become the region’s top exporter after extensive outages in France’s nuclear reactor fleet,...

EDPR to take legal action over Romania and Poland energy taxes

Portuguese renewable energy provider EDP Renovaveis said on Monday it will take legal action against newly created taxes on energy in Poland and Romania,...

Bulgaria in talks with Turkey on long-term gas deal

Bulgaria's interim energy minister is in Istanbul on Friday for talks he hopes will lead to a deal this month on long-term access to...

Germany nationalizes gas supplier Uniper after EU approval

The German government stated on Thursday that it has nationalized energy company Uniper after the European Union gave its blessing for it to rescue...

EU leaders head for tussle over rescue plans for industry

European Union leaders will argue on Thursday over how to prop up their countries' industries, which have been whacked by soaring energy prices since...

Hungary, Romania to sign electricity deal with Azerbaijan

The leaders of Hungary, Romania, Georgia and Azerbaijan plan to meet in Romania’s capital Saturday to conclude an agreement on an undersea electricity connector...

Republic of Moldova braces for blackouts

The Republic of Moldova have been warned of rolling power blackouts, as the nation prepares for the impact of Russian missile strikes in neighbouring...