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EU ENERGY COMMISSIONER
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission saysEuropean industries are bracing for significant job cuts. Up to 1.3 million jobs are at risk across automotive, construction, metals, chemi...
Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
G7 finance ministers explore responses to Iran war falloutGlobal finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increas...
Another trade war? EU fires first shot in economic clash with ChinaEU is planning a major shift in its industrial policy through the proposed “Made in Europe” framework under the Industrial Accelerator Act,...
Will fuel shortages ruin summer vacations?With the summer travel season on the horizon, the shadow of fuel shortages looms large. The ongoing strife between the U.S. and Iran has sh...
Budget airlines first to cut flights as jet fuel prices soarRyanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle ...
Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and suppliesLufthansa Group is cancelling 20,000 short-haul flights until October. This move aims to save jet fuel amid soaring oil prices. The war in ...
'Iran war energy crisis worse than 1973, 2022 combined,' says EU’s Energy Chief Dan JørgensenEurope is bracing for prolonged high energy prices. The Iran conflict has severely damaged vital gas infrastructure in Qatar, with recovery...
Why are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British gas rates drop further or rise again? Here's if oil prices will hit $110 soonWhy are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British gas rates drop further or rise again? Oil an...
Israel, Iran war: Five EU finance ministers call for windfall profit tax on energy companiesUS-Israel Iran War: Five European Union nations are urging for a windfall tax on energy companies. This call comes amid soaring fuel prices...
Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warnsEuropean energy prices will remain high despite potential peace in the Iran war, warned EU Commissioner Dan Jorgensen. He highlighted press...
EU urges members to cut gas-storage targets due to Iran war, FT reportsEuropean Union nations are advised to reduce gas storage goals and begin refilling reserves slowly. This move aims to control demand as ene...
EU plans energy saving measures for data centresData centres account for 3% of EU electricity demand, but their consumption is expected to increase rapidly this decade due to the expansio...
EU energy chief backs deeper India tiesEU energy commissioner Dan Jorgensen emphasizes the need for stronger India-EU collaboration to accelerate energy transition efforts. India...
EU energy commissioner visits India to boost Clean Energy and Climate PartnershipFocusing on solar energy, diversification of the global supply chain and EU-India cooperation in the area of manufacturing, the Commissione...
EU links up electricity grid to war-hit Ukraine"In this area, Ukraine is now part of Europe," EU energy commissioner Kadri Simson said in a statement, adding that Moldova -- which also h...
- Worst of euro crisis behind us: EU commissioner
The worst of the crisis affecting the euro is over, EU Energy Commissioner Guenther Oettinger said on Sunday, warning however that the stru...