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'We must cut Russia's revenues which Putin uses to finance this atrocious war in Ukraine,' European Commission President Ursula von der Leyen told rep
EU members are struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.
Energy prices are soaring, amid throttled gas flows and increased scarcity in the market pointing towards supply shortages this coming heating season. Without sufficient demand reduction, gas stocks could get emptied up should Russia completely halt supply, shows Po...
The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising the risk of rationing in some of the world's richest countries this winter.
Without sufficient demand reduction, gas stocks could get emptied up, shows Power Barometer 2022, Eurelectric’s data crunch on trends in the electricity sector.