EU mulls mandatory jet fuel sharing if shortage hits – POLITICO
“We will assess whether we need a minimum stock obligation for jet fuel, requiring member states to maintain…
Brussels warns EU countries not to hoard fuel within borders – POLITICO
The countries that raised the concerns included France, Italy, Hungary and Slovakia, the people said. Spokespeople for those…
Brussels warns the Spanish government that lowering the VAT on fuels goes against Community rules
BarcelonaThe European Commission has warned Spain that reducing VAT on fuels to 10%, as the government of Pedro…
5 countries ask Brussels to tax energy companies benefitting from Iran crisis – POLITICO
In the letter, the ministers argued Brussels should do as it did following Russia’s 2022 invasion of Ukraine,…
Brussels says Europeans should consider traveling less to avoid energy shortages – POLITICO
That could mean governments asking citizens to drive or fly less to save fuel for more essential purposes,…
Orsted ‘Surprise’ Credit Downgrade Caps Worst Week on Record
(Bloomberg) — Orsted A/S was downgraded to the lowest tier of investment grade by S&P Global Ratings on…
Norway pitches itself as Europe’s energy lifeline – POLITICO
Norway supplies roughly a third of EU gas imports, though Arctic gas accounts for a much smaller share,…
EU will seek to cut US energy reliance after Trump’s Greenland threats – POLITICO
The U.S. already supplies more than a quarter of the EU’s gas, up from just 5 percent five…
Orsted Plans to Reinstate Dividend Even After Profit Misses
(Bloomberg) — Orsted A/S plans to reinstate dividends and ramp up spending this year, even after a string…